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Country House for Renovation in a Small Village – Albufeira Municipality, near Paderne If you're looking for a countryside retreat to customize to your taste, this is the ideal opportunity! Located in a quiet small village in the Albufeira municipality, just 10 minutes from the motorway, 25 minutes
Albufeira, Faro, Portugal
REF: 881855
€290,000
Description
Country House for Renovation in a Small Village – Albufeira Municipality, near Paderne If you're looking for a countryside retreat to customize to your taste, this is the ideal opportunity! Located in a quiet small village in the Albufeira municipality, just 10 minutes from the motorway, 25 minutes from Faro airport, and 15 minutes from the beautiful beaches of Albufeira, this property offers the best of both worlds: the tranquility of the countryside and proximity to key amenities. Property Features: 3 spacious bedrooms; Living room with fireplace; Kitchen, in need of renovation; 2 bathrooms; Wine cellar, perfect for wine lovers or other uses; Stable, with potential to be converted into a spacious garage; Traditional oven, ideal for those who appreciate tradition; Cistern for water storage; Terrace with stunning countryside views, ideal for relaxing; 9,180 m² plot, perfect for agriculture or creating a beautiful garden; Space available to build a swimming pool; Several outbuildings, which can be used to expand or modernize the house. This property is perfect for those seeking a renovation project in a peaceful location, where peace and quiet are guaranteed. Contact us for more information or to schedule a visit! #ref: 126590
Country House for Renovation in a Small Village – Albufeira Municipality, near Paderne If you're looking for a countryside retreat to customize to your taste, this is the ideal opportunity! Located in a quiet small village in the Albufeira municipality, just 10 minutes from the motorway, 25 minutes from Faro airport, and 15 minutes from the beautiful beaches of Albufeira, this property offers the best of both worlds: the tranquility of the countryside and proximity to key amenities. Property Features: 3 spacious bedrooms; Living room with fireplace; Kitchen, in need of renovation; 2 bathrooms; Wine cellar, perfect for wine lovers or other uses; Stable, with potential to be converted into a spacious garage; Traditional oven, ideal for those who appreciate tradition; Cistern for water storage; Terrace with stunning countryside views, ideal for relaxing; 9,180 m² plot, perfect for agriculture or creating a beautiful garden; Space available to build a swimming pool; Several outbuildings, which can be used to expand or modernize the house. This property is perfect for those seeking a renovation project in a peaceful location, where peace and quiet are guaranteed. Contact us for more information or to schedule a visit! #ref: 126590
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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 €290,000 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 |
|---|---|---|---|
| €290,000 | £238,931 | £249,241 | £10,310 |
| Property Price € | €290,000 |
| Minimum cost in the last six months | £238,931 |
| Maximum cost in the last six months | £249,241 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,310 |
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 €290,000 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 |
|---|---|---|---|
| €290,000 | £238,931 | £249,241 | £10,310 |
| Property Price € | €290,000 |
| Minimum cost in the last six months | £238,931 |
| Maximum cost in the last six months | £249,241 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,310 |
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 £10,310 more.
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