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House of type T3, located in a rural environment just 400 meters from the Ria Formosa and the beach
União das Freguesias de Luz de Tavira e Santo Estêvão, Faro, Portugal
REF: 896111
€390,000
Description
House of type T3, located in a rural environment just 400 meters from the Ria Formosa and the beach. 2-storey townhouse, on a plot of 434sqm, fully fenced, with patio, parking for several cars and garage. On the ground floor the house consists of a house with 3 bedrooms, large living room with fireplace, 1 bathroom and kitchen with access to a large covered patio, with outdoor kitchen, 1 bathroom, BBQ and a wood oven. This floor will be equipped with air conditioning in all rooms and furnished. The 1st floor has recently undergone some renovation, containing two annexes and featuring a south-facing terrace with beautiful views of the countryside and partial views of the sea. Access to the 1st floor is via an exterior entrance, which can be an asset to accommodate your family when you come on vacation or to be able to monetize. This property stands out for its excellent location, not only for the tranquility of the place and the proximity to the sea, but also for the fact that it is 4 km from Fuseta and 12 km from Tavira. Don't miss this investment opportunity! The real estate agency Casas do Sotavento was founded in 2000 with the aim of being the national real estate company with its own stores and a reference in the eastern Algarve. At Casas do Sotavento we put ourselves in the buyer's shoes and treat them as we would like to be treated with family and safe care.
House of type T3, located in a rural environment just 400 meters from the Ria Formosa and the beach. 2-storey townhouse, on a plot of 434sqm, fully fenced, with patio, parking for several cars and garage. On the ground floor the house consists of a house with 3 bedrooms, large living room with fireplace, 1 bathroom and kitchen with access to a large covered patio, with outdoor kitchen, 1 bathroom, BBQ and a wood oven. This floor will be equipped with air conditioning in all rooms and furnished. The 1st floor has recently undergone some renovation, containing two annexes and featuring a south-facing terrace with beautiful views of the countryside and partial views of the sea. Access to the 1st floor is via an exterior entrance, which can be an asset to accommodate your family when you come on vacation or to be able to monetize. This property stands out for its excellent location, not only for the tranquility of the place and the proximity to the sea, but also for the fact that it is 4 km from Fuseta and 12 km from Tavira. Don't miss this investment opportunity! The real estate agency Casas do Sotavento was founded in 2000 with the aim of being the national real estate company with its own stores and a reference in the eastern Algarve. At Casas do Sotavento we put ourselves in the buyer's shoes and treat them as we would like to be treated with family and safe care.
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Currency Exchange
União das Freguesias de Luz de Tavira e Santo Estêvão, 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 €390,000 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 |
|---|---|---|---|
| €390,000 | £323,041 | £335,186 | £12,145 |
| Property Price € | €390,000 |
| Minimum cost in the last six months | £323,041 |
| Maximum cost in the last six months | £335,186 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,145 |
União das Freguesias de Luz de Tavira e Santo Estêvão, 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 €390,000 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 |
|---|---|---|---|
| €390,000 | £323,041 | £335,186 | £12,145 |
| Property Price € | €390,000 |
| Minimum cost in the last six months | £323,041 |
| Maximum cost in the last six months | £335,186 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,145 |
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 £12,145 more.
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