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Fantastic Villa for sale with sea views in Ferragudo, Algarve
Lagoa, Portugal
REF: 869032
€650,000
Description
This traditional home is located 500 meters from the beach and the welcoming central square of Ferragudo. Within a high place of the village, this property offers a great family home or rental property. The plot is fully fenced, has an entrance gate to the front door and a large gate to the garage, now transformed into an independent studio apartment. Upon entering the ground floor of the house you will find a hall with stairs to the upper floor, a storage room and a door leading to the main hall. The hall is in open communication with the living room and to the opposite side, towards the kitchen. The living room has a cozy pallet fireplace and doors leading to the garden. The kitchen is spacious, and equipped with dishwasher, storage heater, oven and ceramic hob and has access to a separate covered terrace at the back with laundry room and a generously sized storage room. Upstairs there are 2 spacious bedrooms and a bathroom with bathtub. One of the bedrooms can be transformed into a kitchenette as all infrastructures have already been installed, and also has its own covered porch. The other bedroom, very spacious, has a large wardrobe and seaviews. The separate studio apartment, which has bee transformed from the previous garage, is very spacious and has a dining area and a renovated bathroom with walk-in shower it has an outdoor large terrace to enjoy outdoor meals or relax in the sun. There is plenty of road parking by the property and its convenient location offers a prime position for summer holiday rentals.
This traditional home is located 500 meters from the beach and the welcoming central square of Ferragudo. Within a high place of the village, this property offers a great family home or rental property. The plot is fully fenced, has an entrance gate to the front door and a large gate to the garage, now transformed into an independent studio apartment. Upon entering the ground floor of the house you will find a hall with stairs to the upper floor, a storage room and a door leading to the main hall. The hall is in open communication with the living room and to the opposite side, towards the kitchen. The living room has a cozy pallet fireplace and doors leading to the garden. The kitchen is spacious, and equipped with dishwasher, storage heater, oven and ceramic hob and has access to a separate covered terrace at the back with laundry room and a generously sized storage room. Upstairs there are 2 spacious bedrooms and a bathroom with bathtub. One of the bedrooms can be transformed into a kitchenette as all infrastructures have already been installed, and also has its own covered porch. The other bedroom, very spacious, has a large wardrobe and seaviews. The separate studio apartment, which has bee transformed from the previous garage, is very spacious and has a dining area and a renovated bathroom with walk-in shower it has an outdoor large terrace to enjoy outdoor meals or relax in the sun. There is plenty of road parking by the property and its convenient location offers a prime position for summer holiday rentals.
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Currency Exchange
Lagoa, 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 €650,000 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 |
|---|---|---|---|
| €650,000 | £538,402 | £558,643 | £20,241 |
| Property Price € | €650,000 |
| Minimum cost in the last six months | £538,402 |
| Maximum cost in the last six months | £558,643 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,241 |
Lagoa, 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 €650,000 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 |
|---|---|---|---|
| €650,000 | £538,402 | £558,643 | £20,241 |
| Property Price € | €650,000 |
| Minimum cost in the last six months | £538,402 |
| Maximum cost in the last six months | £558,643 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,241 |
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 £20,241 more.
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