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Unique investment opportunity in Nave do Barão, Salir! We present a traditional villa, full of potential, located in Nave do Barão, Salir
Loulé, Faro, Portugal
REF: 865243
€115,000
Description
Unique investment opportunity in Nave do Barão, Salir! We present a traditional villa, full of potential, located in Nave do Barão, Salir. This property offers the perfect opportunity for those dreaming of creating their ideal home or investing in a renovation project. Property features: Traditional villa to renovate; Renovation project already submitted to the Town Hall; Spacious and well-distributed rooms; Quiet and picturesque location, ideal for those seeking the serenity of the countryside; What does this project offer? Transformation of the house into a beautiful modern dwelling, preserving the traditional charm; Consisting of a large kitchen open to the living room, office, garage, 3 bedrooms on the first floor and access to the terrace for leisure time, there is also a patio on the ground floor. Potential to personalise every detail according to your taste and needs; Why invest in this villa? Excellent location in the enchanting Salir area of natural beauty. Precisely 9 minutes away, you'll find all services and shops. 20 minutes from Loulé. Don't miss this chance to create your dream home! Contact us for more information and to arrange a visit. Invest in your future! #ref: 124135
Unique investment opportunity in Nave do Barão, Salir! We present a traditional villa, full of potential, located in Nave do Barão, Salir. This property offers the perfect opportunity for those dreaming of creating their ideal home or investing in a renovation project. Property features: Traditional villa to renovate; Renovation project already submitted to the Town Hall; Spacious and well-distributed rooms; Quiet and picturesque location, ideal for those seeking the serenity of the countryside; What does this project offer? Transformation of the house into a beautiful modern dwelling, preserving the traditional charm; Consisting of a large kitchen open to the living room, office, garage, 3 bedrooms on the first floor and access to the terrace for leisure time, there is also a patio on the ground floor. Potential to personalise every detail according to your taste and needs; Why invest in this villa? Excellent location in the enchanting Salir area of natural beauty. Precisely 9 minutes away, you'll find all services and shops. 20 minutes from Loulé. Don't miss this chance to create your dream home! Contact us for more information and to arrange a visit. Invest in your future! #ref: 124135
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Currency Exchange
Loulé, Faro, Portugal
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 €115,000 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 |
|---|---|---|---|
| €115,000 | £95,256 | £98,837 | £3,581 |
| Property Price € | €115,000 |
| Minimum cost in the last six months | £95,256 |
| Maximum cost in the last six months | £98,837 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,581 |
Loulé, Faro, Portugal
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 €115,000 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 |
|---|---|---|---|
| €115,000 | £95,256 | £98,837 | £3,581 |
| Property Price € | €115,000 |
| Minimum cost in the last six months | £95,256 |
| Maximum cost in the last six months | £98,837 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,581 |
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 £3,581 more.
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