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This beautiful detached villa with Mediterranean architecture has on the ground floor a bedroom and an office, both with air conditioning and electric shutters, a spacious bathroom, a pantry, a fully equipped kitchen in open space with the dining room and an air-conditioned living room with a firepl
Albufeira, Faro, Portugal
REF: 878297
€850,000
Description
This beautiful detached villa with Mediterranean architecture has on the ground floor a bedroom and an office, both with air conditioning and electric shutters, a spacious bathroom, a pantry, a fully equipped kitchen in open space with the dining room and an air-conditioned living room with a fireplace that overlooks a beautiful garden with a swimming pool and relaxation and leisure areas. On the first floor there are three generously sized bedrooms, two of which are en suite and have balconies from which you can enjoy soothing views of the surrounding nature, air conditioning in all rooms and electric shutters. There are a total of three large bathrooms on this floor. The whole house has double-glazed windows and plenty of natural light. It also has two garages with space for several vehicles. The villa is located in a quiet and privileged area of the beautiful town of Guia, just a few minutes from the town centre where there are several typical restaurants and a variety of useful services. The beaches of Salgados and Galé are just 15 minutes away by car. We provide support for the financing process, through a credit intermediary authorised by the Bank of Portugal, who will help you find the best solutions for you. #ref: 125489
This beautiful detached villa with Mediterranean architecture has on the ground floor a bedroom and an office, both with air conditioning and electric shutters, a spacious bathroom, a pantry, a fully equipped kitchen in open space with the dining room and an air-conditioned living room with a fireplace that overlooks a beautiful garden with a swimming pool and relaxation and leisure areas. On the first floor there are three generously sized bedrooms, two of which are en suite and have balconies from which you can enjoy soothing views of the surrounding nature, air conditioning in all rooms and electric shutters. There are a total of three large bathrooms on this floor. The whole house has double-glazed windows and plenty of natural light. It also has two garages with space for several vehicles. The villa is located in a quiet and privileged area of the beautiful town of Guia, just a few minutes from the town centre where there are several typical restaurants and a variety of useful services. The beaches of Salgados and Galé are just 15 minutes away by car. We provide support for the financing process, through a credit intermediary authorised by the Bank of Portugal, who will help you find the best solutions for you. #ref: 125489
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Currency Exchange
Albufeira, 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 €850,000 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 |
|---|---|---|---|
| €850,000 | £713,422 | £733,176 | £19,754 |
| Property Price € | €850,000 |
| Minimum cost in the last six months | £713,422 |
| Maximum cost in the last six months | £733,176 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,754 |
Albufeira, 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 €850,000 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 |
|---|---|---|---|
| €850,000 | £713,422 | £733,176 | £19,754 |
| Property Price € | €850,000 |
| Minimum cost in the last six months | £713,422 |
| Maximum cost in the last six months | £733,176 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,754 |
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 £19,754 more.
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