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The property spread over three floors, offering spacious areas and terraces with sun exposure inviting for a relaxed outdoor living! The accommodation spread over 3 floors
Vila do Bispo, Algarve, Portugal, 8650-190
REF: 869350
€450,000
Description
The property spread over three floors, offering spacious areas and terraces with sun exposure inviting for a relaxed outdoor living!
The accommodation spread over 3 floors. On the top floor there is a large open living and dining area with a wood log fireplace and a balcony with space for a dining table, boasting fantastic panoramic views over the village and out to sea.
The fully fitted kitchen has access onto another balcony, with views over the forest and sea. On this floor there is a guest's toilet.
The first floor comprises of 2 double bedrooms, one en suite and a second good size family bathroom.
The Master Bedroom has large sliding windows opening to a balcony with sea views.
The Second bedroom leads to a backyard, perfect to relax in the sun.
Further features include: double glazing, air conditioning system installed.
Set just a short walk from Salema village and the beach, this property is perfect for a holiday home, as well as a good rental property.
The property spread over three floors, offering spacious areas and terraces with sun exposure inviting for a relaxed outdoor living!
The accommodation spread over 3 floors. On the top floor there is a large open living and dining area with a wood log fireplace and a balcony with space for a dining table, boasting fantastic panoramic views over the village and out to sea.
The fully fitted kitchen has access onto another balcony, with views over the forest and sea. On this floor there is a guest's toilet.
The first floor comprises of 2 double bedrooms, one en suite and a second good size family bathroom.
The Master Bedroom has large sliding windows opening to a balcony with sea views.
The Second bedroom leads to a backyard, perfect to relax in the sun.
Further features include: double glazing, air conditioning system installed.
Set just a short walk from Salema village and the beach, this property is perfect for a holiday home, as well as a good rental property.
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Currency Exchange
Vila do Bispo, Algarve, Portugal, 8650-190
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 €450,000 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 |
|---|---|---|---|
| €450,000 | £372,740 | £386,753 | £14,013 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £372,740 |
| Maximum cost in the last six months | £386,753 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,013 |
Vila do Bispo, Algarve, Portugal, 8650-190
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 €450,000 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 |
|---|---|---|---|
| €450,000 | £372,740 | £386,753 | £14,013 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £372,740 |
| Maximum cost in the last six months | £386,753 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,013 |
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 £14,013 more.
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