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PORTUGAL, ALGARVE, ALTURA
Castro Marim, Faro, Portugal
REF: 885459
€650,000
Description
PORTUGAL, ALGARVE, ALTURA. Property for sale, in Altura, T6 with enormous potential and an excellent location where you can enjoy the countryside and at the same time the most beautiful beaches of the Algarve (1,2km). It comprises an urban plot of 1000m², a living area of 222m² and a rustic plot of around 600m². The main house is on one level and comprises an interior patio giving access to a semi-equipped kitchen, a lounge/dining room and a storeroom. There are also 5 bedrooms, 1 sewing room, a service bathroom, a full family bathroom with bath and a garage. In front of the house is a large parking area. To the rear of the villa is a staircase leading to the roof terrace, which overlooks the entire property and provides access to a separate dwelling. To the rear of the house there are also two annexes, one of which is a large room (currently used as a yoga room) and the second comprises a bedroom, a bathroom with bath, and a kitchen/lounge. There are also two storage rooms, one of which is a workshop and the other is garden storage. There are three sources of water used to run the property: Water from a working well From a borehole City water The rustic grounds include fruit trees such as olive, avocado, orange, lemon and fig trees. Some refurbishment work is required. The property is located only 2 minutes drive from the centre of Altura, close to a wide variety of amenities (such as 3 supermarkets, restaurants, cafes, municipal market, pharmacy, school, health centre, bank and other services). - Only 5 minutes from the A22 motorway. - 10 minutes from Monte Gordo. - 15 minutes from Tavira. - 50 minutes from Faro international airport. This is the ideal villa for a large family. Don't wait any longer, come and visit! IAD is a network of independent estate agents based on a totally innovative model that breaks with the traditional concept of property mediation. You're looking for a comprehensive, simple and competitive service. That's what we offer at IAD. I'll help you with all the administrative aspects right up to the sale! We share our services with all agencies that have an AMI licence. #ref: 127054
PORTUGAL, ALGARVE, ALTURA. Property for sale, in Altura, T6 with enormous potential and an excellent location where you can enjoy the countryside and at the same time the most beautiful beaches of the Algarve (1,2km). It comprises an urban plot of 1000m², a living area of 222m² and a rustic plot of around 600m². The main house is on one level and comprises an interior patio giving access to a semi-equipped kitchen, a lounge/dining room and a storeroom. There are also 5 bedrooms, 1 sewing room, a service bathroom, a full family bathroom with bath and a garage. In front of the house is a large parking area. To the rear of the villa is a staircase leading to the roof terrace, which overlooks the entire property and provides access to a separate dwelling. To the rear of the house there are also two annexes, one of which is a large room (currently used as a yoga room) and the second comprises a bedroom, a bathroom with bath, and a kitchen/lounge. There are also two storage rooms, one of which is a workshop and the other is garden storage. There are three sources of water used to run the property: Water from a working well From a borehole City water The rustic grounds include fruit trees such as olive, avocado, orange, lemon and fig trees. Some refurbishment work is required. The property is located only 2 minutes drive from the centre of Altura, close to a wide variety of amenities (such as 3 supermarkets, restaurants, cafes, municipal market, pharmacy, school, health centre, bank and other services). - Only 5 minutes from the A22 motorway. - 10 minutes from Monte Gordo. - 15 minutes from Tavira. - 50 minutes from Faro international airport. This is the ideal villa for a large family. Don't wait any longer, come and visit! IAD is a network of independent estate agents based on a totally innovative model that breaks with the traditional concept of property mediation. You're looking for a comprehensive, simple and competitive service. That's what we offer at IAD. I'll help you with all the administrative aspects right up to the sale! We share our services with all agencies that have an AMI licence. #ref: 127054
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Currency Exchange
Castro Marim, 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 €650,000 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 |
|---|---|---|---|
| €650,000 | £538,402 | £558,643 | £20,241 |
| Property Price € | €650,000 |
| Minimum cost in the last six months | £538,402 |
| Maximum cost in the last six months | £558,643 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,241 |
Castro Marim, 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 €650,000 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 |
|---|---|---|---|
| €650,000 | £538,402 | £558,643 | £20,241 |
| Property Price € | €650,000 |
| Minimum cost in the last six months | £538,402 |
| Maximum cost in the last six months | £558,643 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,241 |
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 £20,241 more.
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