A Spacious Townhouse, with Flexible Accommodation in Burgau and within a Stroll of the Beach

Vila do Bispo, Faro, Portugal, 8650-000

For Sale

€465,000

REF: 864543 €465,000


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Description

Property Ref: 293BUR A Spacious Townhouse, with Flexible Accommodation, in a Quiet Residential Cul-de-Sac in Burgau and within a Stroll of the Beach Total Construction Area: 283m2 Energy Rating: B Year of Construction: 2007 Price: 490,000 (furniture included) Condominium Fee: 477.48 per annum This property is located within a short walk of the charming and picturesque fishing village of Burgau with its cobbled streets lined with restaurants, bars and mini-markets.

This quaint traditional village is also known as Portugal s Santorini. The jewel in its crown is a beautiful sandy beach with a backdrop of marbled limestone cliffs. On entering this gated property, there is a patio area that catches the morning sunshine. Sliding glass front doors then open into an enclosed porch, providing extra covered outdoor living space. Entry is on the middle level which flows through to a large open plan kitchen, living and dining space with a gas fire, together with a guest toilet.

A double set of glass doors lead out onto the South facing paved rear terrace with a built-in brick barbecue, which is an ideal area to relax and enjoy al-fresco dining. There is also a communal swimming pool situated to the rear of the property. On the first floor are two large bedrooms. There is a generous master bedroom suite with ample wardrobe space, an en-suite bathroom with a shower and a terrace.

The second bedroom is a twin bedroom with fitted wardrobes, an en-suite bathroom and a terrace. On the lower floor is a basement and garage. This large basement is currently arranged as a studio space with twin beds, a dining area and a kitchen. It also benefits from 2 storage rooms. This area is completely flexible and could easily be adapted to a games room, a cinema room, a home office or even a wine cellar. An early viewing is strongly recommended.

Property Features: 2 bedrooms 3 bathrooms Large Basement 2 Storage Rooms Wafer electric heaters Gas Fire Air Conditioning Double Glass Double doors Garage Off Road Parking Commual Swimming Pool
Property Ref: 293BUR A Spacious Townhouse, with Flexible Accommodation, in a Quiet Residential Cul-de-Sac in Burgau and within a Stroll of the Beach Total Construction Area: 283m2 Energy Rating: B Year of Construction: 2007 Price: 490,000 (furniture included) Condominium Fee: 477.48 per annum This property is located within a short walk of the charming and picturesque fishing village of Burgau with its cobbled streets lined with restaurants, bars and mini-markets.

This quaint traditional village is also known as Portugal s Santorini. The jewel in its crown is a beautiful sandy beach with a backdrop of marbled limestone cliffs. On entering this gated property, there is a patio area that catches the morning sunshine. Sliding glass front doors then open into an enclosed porch, providing extra covered outdoor living space. Entry is on the middle level which flows through to a large open plan kitchen, living and dining space with a gas fire, together with a guest toilet.

A double set of glass doors lead out onto the South facing paved rear terrace with a built-in brick barbecue, which is an ideal area to relax and enjoy al-fresco dining. There is also a communal swimming pool situated to the rear of the property. On the first floor are two large bedrooms. There is a generous master bedroom suite with ample wardrobe space, an en-suite bathroom with a shower and a terrace.

The second bedroom is a twin bedroom with fitted wardrobes, an en-suite bathroom and a terrace. On the lower floor is a basement and garage. This large basement is currently arranged as a studio space with twin beds, a dining area and a kitchen. It also benefits from 2 storage rooms. This area is completely flexible and could easily be adapted to a games room, a cinema room, a home office or even a wine cellar. An early viewing is strongly recommended.

Property Features: 2 bedrooms 3 bathrooms Large Basement 2 Storage Rooms Wafer electric heaters Gas Fire Air Conditioning Double Glass Double doors Garage Off Road Parking Commual Swimming Pool
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Property on Map

#293BUR

Currency Exchange

Vila do Bispo, Faro, Portugal, 8650-000

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €465,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€465,000 £385,164 £399,644 £14,480
Property Price € €465,000
Minimum cost in the last six months £385,164
Maximum cost in the last six months £399,644
Fluctuating exchange rates over the last six months could have increased the cost of this property by £14,480

Vila do Bispo, Faro, Portugal, 8650-000

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €465,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€465,000 £385,164 £399,644 £14,480
Property Price € €465,000
Minimum cost in the last six months £385,164
Maximum cost in the last six months £399,644
Fluctuating exchange rates over the last six months could have increased the cost of this property by £14,480

The exchange rate on the day you make an offer on your property in Portugal will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.

The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.

This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £14,480 more.

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