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Traditional villa with approved project for the construction of a 4 bedroom with pool near Boliqueime, Algarve
Albufeira, Faro, Portugal, 8200-450
REF: 880680
€360,000
Description
Traditional 2 bedroom villa with approved project for the construction of a 4 bedroom with pool and garage near Boliqueime. Traditional two bedroom dwelling with approved plans for the construction of a four bedroom residence with a swimming pool, located 3.5 kilometers from the picturesque and charming village of Boliqueime.
Situated in a tranquil area, offering a beautiful panoramic view of the countryside and the sea. Just a few minutes away from the village of Paderne and approximately 20 minutes from the beach and several golf courses.
This property boasts a generous 1,400 sq.m. plot of land with an existing 48 sq.m. of built area. There is an approved project for expanding the living space to create a contemporary style home with 217 sq.m. of total built area, being 177 sq.m. on the ground floor and 40 sq.m. in the basement. The project includes the construction of a swimming pool, garage and storage area in the basement.
Facing south, this property offers an excellent panoramic view of both the countryside and the sea, making it a compelling investment opportunity.
This beautiful property is perfect for permanent residence or as a vacation retreat.
Traditional 2 bedroom villa with approved project for the construction of a 4 bedroom with pool and garage near Boliqueime. Traditional two bedroom dwelling with approved plans for the construction of a four bedroom residence with a swimming pool, located 3.5 kilometers from the picturesque and charming village of Boliqueime.
Situated in a tranquil area, offering a beautiful panoramic view of the countryside and the sea. Just a few minutes away from the village of Paderne and approximately 20 minutes from the beach and several golf courses.
This property boasts a generous 1,400 sq.m. plot of land with an existing 48 sq.m. of built area. There is an approved project for expanding the living space to create a contemporary style home with 217 sq.m. of total built area, being 177 sq.m. on the ground floor and 40 sq.m. in the basement. The project includes the construction of a swimming pool, garage and storage area in the basement.
Facing south, this property offers an excellent panoramic view of both the countryside and the sea, making it a compelling investment opportunity.
This beautiful property is perfect for permanent residence or as a vacation retreat.
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Currency Exchange
Albufeira, Faro, Portugal, 8200-450
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 €360,000 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 |
|---|---|---|---|
| €360,000 | £298,192 | £309,402 | £11,210 |
| Property Price € | €360,000 |
| Minimum cost in the last six months | £298,192 |
| Maximum cost in the last six months | £309,402 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,210 |
Albufeira, Faro, Portugal, 8200-450
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 €360,000 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 |
|---|---|---|---|
| €360,000 | £298,192 | £309,402 | £11,210 |
| Property Price € | €360,000 |
| Minimum cost in the last six months | £298,192 |
| Maximum cost in the last six months | £309,402 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,210 |
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 £11,210 more.
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