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Typical House with Swimming Pool, very well located in the Historic Center of Olhão, close to all amenities and services and just a few steps from the Municipal Market
Olhão, Faro, Portugal
REF: 895849
€615,000
Description
Typical House with Swimming Pool, very well located in the Historic Center of Olhão, close to all amenities and services and just a few steps from the Municipal Market. The villa consists, on the ground floor, of an open space living room with a kitchen, which is fully equipped, a bathroom, storage room and an outdoor area with a swimming pool and terrace. Going up to the first floor, we find two bedrooms, both en suite, and a living room with plenty of natural light coming from the south-facing balcony window. On the top floor we find another en-suite bedroom, a pantry and a wonderful terrace that will allow you to enjoy, with family or friends, the pleasant Algarve climate. The house was completely restored, with high quality materials, in 2022, featuring air conditioning, double glazing with thermal and acoustic insulation, mosquito nets on the windows and alarm. This is the opportunity you've always been waiting for! Contact us to schedule your visit!
Typical House with Swimming Pool, very well located in the Historic Center of Olhão, close to all amenities and services and just a few steps from the Municipal Market. The villa consists, on the ground floor, of an open space living room with a kitchen, which is fully equipped, a bathroom, storage room and an outdoor area with a swimming pool and terrace. Going up to the first floor, we find two bedrooms, both en suite, and a living room with plenty of natural light coming from the south-facing balcony window. On the top floor we find another en-suite bedroom, a pantry and a wonderful terrace that will allow you to enjoy, with family or friends, the pleasant Algarve climate. The house was completely restored, with high quality materials, in 2022, featuring air conditioning, double glazing with thermal and acoustic insulation, mosquito nets on the windows and alarm. This is the opportunity you've always been waiting for! Contact us to schedule your visit!
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Currency Exchange
Olhão, 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 €615,000 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 |
|---|---|---|---|
| €615,000 | £511,606 | £529,281 | £17,675 |
| Property Price € | €615,000 |
| Minimum cost in the last six months | £511,606 |
| Maximum cost in the last six months | £529,281 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,675 |
Olhão, 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 €615,000 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 |
|---|---|---|---|
| €615,000 | £511,606 | £529,281 | £17,675 |
| Property Price € | €615,000 |
| Minimum cost in the last six months | £511,606 |
| Maximum cost in the last six months | £529,281 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,675 |
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 £17,675 more.
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