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3 bedroom villa with pool and garden located in Mexilhoeira Grande, Portimão, Algarve
Portimão, Faro, Portugal, 8500-157
REF: 865726
€750,000
Description
Contemporary architectural villa with an area of 185 m2, spread over a single floor, located on a plot of land measuring 865 m2, with swimming pool, garden and garage, whose construction dates back to 2004. Located in a prestigious housing development, Urb. Monte Canelas is 10 minutes from Portimão and the town of Alvor, also 10 minutes from the Autódromo Internacional do Algarve and the Morgado do Reguengo and Penina golf courses. Comprising 3 generously sized bedrooms with built-in wooden wardrobes, 2 bathrooms, one equipped with a bathtub and the other with a shower tray, living room with fireplace and stove, dining room, and fully equipped kitchen with access to a relaxing Barbecue area. The high ceilings allowed the creation of a Mezzanine area, with a bedroom and a study area, access is via a suspended staircase with wooden steps, and there is also an office space. In 2022, the entire exterior structure of the house was subject to an improvement intervention, with 8 cm thick hood insulation being applied to all external walls, and 12 cm hydro and thermal insulation being placed at the level of the entire roof. of thickness. The entire house is surrounded by a nice and open garden space, with a swimming pool, a box garage for one car, and it is possible to park two more vehicles next to it. The house has solar panels for water heating. Electric gates. 7-point sound system. Pre-installed cinema projection. Video Intercom. Alarm. Come meet ! KW Flash has at its disposal a Credit Intermediary authorized by Banco de Portugal. If you need financing, we can help! At KW Flash we share business with every real estate consultant or agency with an AMI license. We believe that together we can do more for our customers! If you are a professional in the sector and have a qualified client, contact me and schedule a visit, as this property is exclusively available to provide you with an excellent service.
Contemporary architectural villa with an area of 185 m2, spread over a single floor, located on a plot of land measuring 865 m2, with swimming pool, garden and garage, whose construction dates back to 2004. Located in a prestigious housing development, Urb. Monte Canelas is 10 minutes from Portimão and the town of Alvor, also 10 minutes from the Autódromo Internacional do Algarve and the Morgado do Reguengo and Penina golf courses. Comprising 3 generously sized bedrooms with built-in wooden wardrobes, 2 bathrooms, one equipped with a bathtub and the other with a shower tray, living room with fireplace and stove, dining room, and fully equipped kitchen with access to a relaxing Barbecue area. The high ceilings allowed the creation of a Mezzanine area, with a bedroom and a study area, access is via a suspended staircase with wooden steps, and there is also an office space. In 2022, the entire exterior structure of the house was subject to an improvement intervention, with 8 cm thick hood insulation being applied to all external walls, and 12 cm hydro and thermal insulation being placed at the level of the entire roof. of thickness. The entire house is surrounded by a nice and open garden space, with a swimming pool, a box garage for one car, and it is possible to park two more vehicles next to it. The house has solar panels for water heating. Electric gates. 7-point sound system. Pre-installed cinema projection. Video Intercom. Alarm. Come meet ! KW Flash has at its disposal a Credit Intermediary authorized by Banco de Portugal. If you need financing, we can help! At KW Flash we share business with every real estate consultant or agency with an AMI license. We believe that together we can do more for our customers! If you are a professional in the sector and have a qualified client, contact me and schedule a visit, as this property is exclusively available to provide you with an excellent service.
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Currency Exchange
Portimão, Faro, Portugal, 8500-157
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 €750,000 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 |
|---|---|---|---|
| €750,000 | £621,233 | £644,588 | £23,355 |
| Property Price € | €750,000 |
| Minimum cost in the last six months | £621,233 |
| Maximum cost in the last six months | £644,588 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £23,355 |
Portimão, Faro, Portugal, 8500-157
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 €750,000 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 |
|---|---|---|---|
| €750,000 | £621,233 | £644,588 | £23,355 |
| Property Price € | €750,000 |
| Minimum cost in the last six months | £621,233 |
| Maximum cost in the last six months | £644,588 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £23,355 |
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 £23,355 more.
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