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Situated in a residential area of the city, with easy access to all amenities, this villa stands out for its interior and exterior space where you can find a relaxing patio with BBQ and a pleasant swimming pool
Vila Real de Santo António, Faro, Portugal
REF: 895878
€620,000
Description
Situated in a residential area of the city, with easy access to all amenities, this villa stands out for its interior and exterior space where you can find a relaxing patio with BBQ and a pleasant swimming pool. Built in the early 1990s, the property was built with materials of excellent quality, with emphasis on the woods used from Brazil. After all these years of construction the villa is in excellent living conditions with the typical characteristics of a property with an extimed architecture. The house consists of three floors, distributed as follows: Ground floor - entrance hall and access staircase to the first floor, a large common room that is divided into living room with fireplace and dining room, a service bathroom, fully equipped kitchen and an outdoor patio with plenty of plants, a barbecue, fenced pool and rear access to the garage. Still on the ground floor, we have a side corridor access to the interior courtyard and the pool, as well as a garden with several trees and varied flowers on the front of the house. 1st floor - on the first floor we can find a distribution corridor that gives access to two bedrooms, a full bathroom and a bedroom with private bathroom. Basement - in the basement we find another large space that is divided into two leisure spaces, a bar, storage, bathroom and a space that can be used as a third bedroom in case of need. Its excellent location allows easy access to the Municipal Market, pharmacies, shops, supermarkets, public services, restaurants, as well as the city center. The villa enjoys the privacy of a completely walled house and has a solar orientation that allows it to have enough luminosity throughout the day. Investment or permanent residence, any of the hypotheses is valid
Situated in a residential area of the city, with easy access to all amenities, this villa stands out for its interior and exterior space where you can find a relaxing patio with BBQ and a pleasant swimming pool. Built in the early 1990s, the property was built with materials of excellent quality, with emphasis on the woods used from Brazil. After all these years of construction the villa is in excellent living conditions with the typical characteristics of a property with an extimed architecture. The house consists of three floors, distributed as follows: Ground floor - entrance hall and access staircase to the first floor, a large common room that is divided into living room with fireplace and dining room, a service bathroom, fully equipped kitchen and an outdoor patio with plenty of plants, a barbecue, fenced pool and rear access to the garage. Still on the ground floor, we have a side corridor access to the interior courtyard and the pool, as well as a garden with several trees and varied flowers on the front of the house. 1st floor - on the first floor we can find a distribution corridor that gives access to two bedrooms, a full bathroom and a bedroom with private bathroom. Basement - in the basement we find another large space that is divided into two leisure spaces, a bar, storage, bathroom and a space that can be used as a third bedroom in case of need. Its excellent location allows easy access to the Municipal Market, pharmacies, shops, supermarkets, public services, restaurants, as well as the city center. The villa enjoys the privacy of a completely walled house and has a solar orientation that allows it to have enough luminosity throughout the day. Investment or permanent residence, any of the hypotheses is valid
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Currency Exchange
Vila Real de Santo António, 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 €620,000 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 |
|---|---|---|---|
| €620,000 | £515,766 | £533,584 | £17,819 |
| Property Price € | €620,000 |
| Minimum cost in the last six months | £515,766 |
| Maximum cost in the last six months | £533,584 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,819 |
Vila Real de Santo António, 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 €620,000 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 |
|---|---|---|---|
| €620,000 | £515,766 | £533,584 | £17,819 |
| Property Price € | €620,000 |
| Minimum cost in the last six months | £515,766 |
| Maximum cost in the last six months | £533,584 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,819 |
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 £17,819 more.
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