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Villa in Altura, 520 meters from Praia da Alagoa, consisting of two lots, in a total area of approximately 700sqm, where a house of 330sqm gross built on 4 floors with a large garden and swimming pool area and an annex, of about 30sqm, with barbecue area and other parts
Altura, Faro, Portugal
REF: 895764
€750,000
Description
Villa in Altura, 520 meters from Praia da Alagoa, consisting of two lots, in a total area of approximately 700sqm, where a house of 330sqm gross built on 4 floors with a large garden and swimming pool area and an annex, of about 30sqm, with barbecue area and other parts. The area of the annex consists of an area for a barbecue with a shed, storage room, ironing room and bathroom, and an area for the swimming pool machines. As it is located on another plot of the main house, it has the possibility of being converted into a T3 house of at least 200sqm. The main house has the following distribution: On the ground floor, we have a large and bright kitchen measuring 17sqm; a living and dining room, with about 40sqm, in two heights; the Bath Room; storage room; entrance hall. All white marble flooring. On the first floor, we have 3 bedrooms, one en suite, and a second bathroom. All rooms have access to balconies. On the second floor, we have a suite and a terrace with beautiful panoramic and sea views. In the semi-basement, we have a wide multipurpose area; storage area; exit to the pool. Air conditioning was installed throughout the house. The exterior floor is Portuguese pavement. Two entrances to the property, one of which allows access by car to the parking area for 2 or 3 cars. Proximity to the central area of Altura with the highest concentration of services and commerce. Close to the future Green Lake golf course. Schedule your visit.
Villa in Altura, 520 meters from Praia da Alagoa, consisting of two lots, in a total area of approximately 700sqm, where a house of 330sqm gross built on 4 floors with a large garden and swimming pool area and an annex, of about 30sqm, with barbecue area and other parts. The area of the annex consists of an area for a barbecue with a shed, storage room, ironing room and bathroom, and an area for the swimming pool machines. As it is located on another plot of the main house, it has the possibility of being converted into a T3 house of at least 200sqm. The main house has the following distribution: On the ground floor, we have a large and bright kitchen measuring 17sqm; a living and dining room, with about 40sqm, in two heights; the Bath Room; storage room; entrance hall. All white marble flooring. On the first floor, we have 3 bedrooms, one en suite, and a second bathroom. All rooms have access to balconies. On the second floor, we have a suite and a terrace with beautiful panoramic and sea views. In the semi-basement, we have a wide multipurpose area; storage area; exit to the pool. Air conditioning was installed throughout the house. The exterior floor is Portuguese pavement. Two entrances to the property, one of which allows access by car to the parking area for 2 or 3 cars. Proximity to the central area of Altura with the highest concentration of services and commerce. Close to the future Green Lake golf course. Schedule your visit.
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Currency Exchange
Altura, 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 €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 |
|---|---|---|---|
| €750,000 | £617,925 | £634,568 | £16,643 |
| Property Price € | €750,000 |
| Minimum cost in the last six months | £617,925 |
| Maximum cost in the last six months | £634,568 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,643 |
Altura, 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 €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 |
|---|---|---|---|
| €750,000 | £617,925 | £634,568 | £16,643 |
| Property Price € | €750,000 |
| Minimum cost in the last six months | £617,925 |
| Maximum cost in the last six months | £634,568 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,643 |
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 £16,643 more.
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