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Charming V4 + V2 farmhouse with panoramic views next to Faro, Algarve
Faro, Faro, Portugal, 8000-022
REF: 886752
€2,750,000
Description
Charming V4 + V2 Farmhouse with panoramic views next to Faro. 51.280 sq.m. plot with 643 sq.m. of built area. Garden and pool. Excellent investment opportunity. This charming V4 + V2 farmhouse is excellently located in a quiet area at the entrance to Faro with easy access to all amenities.
Just minutes from the city center and easy access to the airport and main roads.
Plot of land measuring 51,280 sq.m. with 643 sq.m. of built area.
The property is divided into 2 parts:
- house with 4 suites, 2 storage rooms on the mezzanine, living room, dining room and open space equipped kitchen, balcony and terrace, swimming pool, patio and old well.
- On the agricultural side, the land has around 5 hectares planted with active avocado pears.
- There are still around 144 sq.m. of urban construction, relating to the support area for agricultural activities, including the caretaker's house, storage room, bathrooms and kitchen, which can be rehabilitated and converted into a second home.
The main villa has been recently renovated and is equipped with double glazing and air conditioning.
There is even parking for several cars.
An excellent investment opportunity that deserves a visit.
AlgarveProperty.com - AMI: 2196 - T.: 00351 289310310
Charming V4 + V2 Farmhouse with panoramic views next to Faro. 51.280 sq.m. plot with 643 sq.m. of built area. Garden and pool. Excellent investment opportunity. This charming V4 + V2 farmhouse is excellently located in a quiet area at the entrance to Faro with easy access to all amenities.
Just minutes from the city center and easy access to the airport and main roads.
Plot of land measuring 51,280 sq.m. with 643 sq.m. of built area.
The property is divided into 2 parts:
- house with 4 suites, 2 storage rooms on the mezzanine, living room, dining room and open space equipped kitchen, balcony and terrace, swimming pool, patio and old well.
- On the agricultural side, the land has around 5 hectares planted with active avocado pears.
- There are still around 144 sq.m. of urban construction, relating to the support area for agricultural activities, including the caretaker's house, storage room, bathrooms and kitchen, which can be rehabilitated and converted into a second home.
The main villa has been recently renovated and is equipped with double glazing and air conditioning.
There is even parking for several cars.
An excellent investment opportunity that deserves a visit.
AlgarveProperty.com - AMI: 2196 - T.: 00351 289310310
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Currency Exchange
Faro, Faro, Portugal, 8000-022
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 €2,750,000 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 |
|---|---|---|---|
| €2,750,000 | £2,277,853 | £2,363,488 | £85,635 |
| Property Price € | €2,750,000 |
| Minimum cost in the last six months | £2,277,853 |
| Maximum cost in the last six months | £2,363,488 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £85,635 |
Faro, Faro, Portugal, 8000-022
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 €2,750,000 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 |
|---|---|---|---|
| €2,750,000 | £2,277,853 | £2,363,488 | £85,635 |
| Property Price € | €2,750,000 |
| Minimum cost in the last six months | £2,277,853 |
| Maximum cost in the last six months | £2,363,488 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £85,635 |
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 £85,635 more.
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