This charming old house, a T2 type, offers a unique opportunity for those who appreciate the authenticity of a historic building and the tranquility of rural life

Albufeira, Faro, Portugal

For Sale

€325,000

REF: 885821 €325,000


2

2

96 m2

3600 m2

Description

This charming old house, a T2 type, offers a unique opportunity for those who appreciate the authenticity of a historic building and the tranquility of rural life. The fact that it was built before 1951 gives it a special atmosphere, reflecting the architecture and lifestyle of bygone eras. Its solid structure, with thick walls, high ceilings, and traditional materials, retains the rustic character, preserving the property's original charm.

The two bedrooms have plenty of natural light, and the layout of the house is typical of older constructions. The living area is cozy and has great potential for renovation, making it ideal for those who wish to modernize certain aspects while maintaining the traditional style. Despite being an old house, it is already equipped with mains water and electricity, ensuring access to essential services.

The two cisterns, an important and very practical feature, offer an efficient solution for water storage, especially in a region with hot and dry summers. The septic tank, which replaces the connection to the sewage system, is common in more rural areas and is fully operational, ensuring proper wastewater management.

The land surrounding the property is vast and fertile, a key highlight of this house. The carob and almond trees growing around the house provide a seasonal natural spectacle, with flowers and fruits that enrich the environment. The two olive trees are of great value, both historically and culturally, contributing to the landscape and local identity.

In addition to providing a green and relaxing environment, this land also offers the possibility of cultivation or the creation of a garden. The presence of a barn on the property is another feature that enhances its potential. This space can be utilized in various ways, whether for creating an annex, a workspace, a studio, or even a small extra accommodation area if the owner wishes to expand the house.

The possibilities for utilizing this space are numerous and adaptable to the future owner's needs and projects. This house is a true gem for those seeking to live in a rural and peaceful environment without giving up basic services such as electricity and water supply. It offers an authentic connection to history and traditional lifestyle in an area filled with natural beauty.

At the same time, it represents an opportunity for renovation and personalization, making it ideal for those who wish to preserve the charm of an old building while adapting the space to their personal needs and preferences. In summary, this property combines the best of both worlds: the timeless charm of an old house with the potential to create a comfortable and personalized home.

Ideal for those looking to escape the fast pace of city life and immerse themselves in the peace and tranquility of the countryside, this house offers a unique opportunity to restore and live in a space filled with history and natural beauty. #ref: 127154
This charming old house, a T2 type, offers a unique opportunity for those who appreciate the authenticity of a historic building and the tranquility of rural life. The fact that it was built before 1951 gives it a special atmosphere, reflecting the architecture and lifestyle of bygone eras. Its solid structure, with thick walls, high ceilings, and traditional materials, retains the rustic character, preserving the property's original charm.

The two bedrooms have plenty of natural light, and the layout of the house is typical of older constructions. The living area is cozy and has great potential for renovation, making it ideal for those who wish to modernize certain aspects while maintaining the traditional style. Despite being an old house, it is already equipped with mains water and electricity, ensuring access to essential services.

The two cisterns, an important and very practical feature, offer an efficient solution for water storage, especially in a region with hot and dry summers. The septic tank, which replaces the connection to the sewage system, is common in more rural areas and is fully operational, ensuring proper wastewater management.

The land surrounding the property is vast and fertile, a key highlight of this house. The carob and almond trees growing around the house provide a seasonal natural spectacle, with flowers and fruits that enrich the environment. The two olive trees are of great value, both historically and culturally, contributing to the landscape and local identity.

In addition to providing a green and relaxing environment, this land also offers the possibility of cultivation or the creation of a garden. The presence of a barn on the property is another feature that enhances its potential. This space can be utilized in various ways, whether for creating an annex, a workspace, a studio, or even a small extra accommodation area if the owner wishes to expand the house.

The possibilities for utilizing this space are numerous and adaptable to the future owner's needs and projects. This house is a true gem for those seeking to live in a rural and peaceful environment without giving up basic services such as electricity and water supply. It offers an authentic connection to history and traditional lifestyle in an area filled with natural beauty.

At the same time, it represents an opportunity for renovation and personalization, making it ideal for those who wish to preserve the charm of an old building while adapting the space to their personal needs and preferences. In summary, this property combines the best of both worlds: the timeless charm of an old house with the potential to create a comfortable and personalized home.

Ideal for those looking to escape the fast pace of city life and immerse themselves in the peace and tranquility of the countryside, this house offers a unique opportunity to restore and live in a space filled with history and natural beauty. #ref: 127154
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Property on Map

#127154

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 €325,000 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
€325,000 £267,768 £279,321 £11,554
Property Price € €325,000
Minimum cost in the last six months £267,768
Maximum cost in the last six months £279,321
Fluctuating exchange rates over the last six months could have increased the cost of this property by £11,554

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 €325,000 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
€325,000 £267,768 £279,321 £11,554
Property Price € €325,000
Minimum cost in the last six months £267,768
Maximum cost in the last six months £279,321
Fluctuating exchange rates over the last six months could have increased the cost of this property by £11,554

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 £11,554 more.

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