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PORTUGAL - ALGARVE - ALJEZUR
Aljezur, Faro, Portugal
REF: 876366
€420,000
Description
PORTUGAL - ALGARVE - ALJEZUR. Savor the peace of the countryside while staying close to amenities with this charming country house to renovate! Made of taipa, a traditional technique that allows the structure to breathe while maintaining excellent thermal inertia, this house stays cool in the summer and warm in the winter. The living room and open-plan kitchen, with a mezzanine, form the heart of the living space. You will also find a main bedroom en-suite with a mezzanine and two additional bedrooms en-suite with independent access on each side of the villa, offering privacy and comfort to your guests. Presented as a T1 house with 2 additional independent bedrooms en suite, it can be transformed into a T2 with 1 additional independent bedroom, or into a T3 to make it a family property. The building has been almost integrally renovated : new roof with a beautiful exposed timber frame, double-glazed windows, completely new electrical system, new floor. Finishing work is still needed. Connected to the public electricity and water supply + septic tank. There is a solar thermal system to be recommissioned. Although located near another house, the opposite orientation of the two buildings guarantees a sense of privacy. Outside, the main southeast-facing terrace immerses you in a wooded garden with wild berries, various fruit trees, cork oaks, olive trees... The plot covers 1,000 m² and includes an outdoor kitchen and bathroom, as well as an annex and an extra living room for added convenience. LOCATION : Located just a 5-minute drive from the town of Odeceixe, this property is perfect for those seeking tranquility without being isolated. Odeceixe offers many local shops, and Aljezur, with all its services, local market, restaurants, international school, etc., is just 15 minutes away. The spectacular beaches of the region, known for their natural beauty, are also within easy reach, ideal for nature lovers and outdoor activities. Guaranteed profitability for a tourism exploration. Contact us to schedule a visit and discover the full potential of this charming property ! IAD emerged in Portugal in 2015 and is part of an international group operating in France, Spain, Italy, Germany, the UK, Mexico, and the USA. Tell us about your project; we offer a wide range of services and would be delighted to assist you. #ref: 125734
PORTUGAL - ALGARVE - ALJEZUR. Savor the peace of the countryside while staying close to amenities with this charming country house to renovate! Made of taipa, a traditional technique that allows the structure to breathe while maintaining excellent thermal inertia, this house stays cool in the summer and warm in the winter. The living room and open-plan kitchen, with a mezzanine, form the heart of the living space. You will also find a main bedroom en-suite with a mezzanine and two additional bedrooms en-suite with independent access on each side of the villa, offering privacy and comfort to your guests. Presented as a T1 house with 2 additional independent bedrooms en suite, it can be transformed into a T2 with 1 additional independent bedroom, or into a T3 to make it a family property. The building has been almost integrally renovated : new roof with a beautiful exposed timber frame, double-glazed windows, completely new electrical system, new floor. Finishing work is still needed. Connected to the public electricity and water supply + septic tank. There is a solar thermal system to be recommissioned. Although located near another house, the opposite orientation of the two buildings guarantees a sense of privacy. Outside, the main southeast-facing terrace immerses you in a wooded garden with wild berries, various fruit trees, cork oaks, olive trees... The plot covers 1,000 m² and includes an outdoor kitchen and bathroom, as well as an annex and an extra living room for added convenience. LOCATION : Located just a 5-minute drive from the town of Odeceixe, this property is perfect for those seeking tranquility without being isolated. Odeceixe offers many local shops, and Aljezur, with all its services, local market, restaurants, international school, etc., is just 15 minutes away. The spectacular beaches of the region, known for their natural beauty, are also within easy reach, ideal for nature lovers and outdoor activities. Guaranteed profitability for a tourism exploration. Contact us to schedule a visit and discover the full potential of this charming property ! IAD emerged in Portugal in 2015 and is part of an international group operating in France, Spain, Italy, Germany, the UK, Mexico, and the USA. Tell us about your project; we offer a wide range of services and would be delighted to assist you. #ref: 125734
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Currency Exchange
Aljezur, 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 €420,000 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 |
|---|---|---|---|
| €420,000 | £347,890 | £360,969 | £13,079 |
| Property Price € | €420,000 |
| Minimum cost in the last six months | £347,890 |
| Maximum cost in the last six months | £360,969 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,079 |
Aljezur, 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 €420,000 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 |
|---|---|---|---|
| €420,000 | £347,890 | £360,969 | £13,079 |
| Property Price € | €420,000 |
| Minimum cost in the last six months | £347,890 |
| Maximum cost in the last six months | £360,969 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,079 |
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 £13,079 more.
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