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3 Bedroom house, completely renovated, patio overlooking the Ria Formosa - 5 minutes from the beach - Olhão - Quatrim Sul
União das Freguesias de Moncarapacho e Fuseta, Faro, Portugal
REF: 896126
€494,000
Description
3 Bedroom house, completely renovated, patio overlooking the Ria Formosa - 5 minutes from the beach - Olhão - Quatrim Sul. If you are looking to live in a quiet place, with outdoor space, but you don't want to give up being close to the city and just 5 minutes from the beach, look no further because this is the house you have always been looking for. Excellently located, just 400 meters from the sea, and just 5 minutes by car from Fuseta, Olhão, Moncarapacho and 20 minutes from Faro airport, we find this old house, completely renovated and with very generous areas. The house is located on a plot of land measuring 460sqm and has 163sqm of built area, distributed in an entrance hall, 3 bedrooms, one of which is a suite with a private bathroom. The social area is a large open plan with an equipped kitchen, laundry room, dining room and TV room with direct access to a patio and also to a small vegetable garden, where some fruit trees are planted, with space to grow some vegetables or transform it into a beautiful garden. The terrace of this house has a 360 view of the Ria Fomosa, and it is possible to expand/build, upon presentation of an architectural project to the city council. Outside there is also an annex with a kitchenette and toilet to be restored. Inside the lot there is space to park 2 cars. The land is completely fenced and walled. Don't miss this opportunity and contact us to schedule your visit!
3 Bedroom house, completely renovated, patio overlooking the Ria Formosa - 5 minutes from the beach - Olhão - Quatrim Sul. If you are looking to live in a quiet place, with outdoor space, but you don't want to give up being close to the city and just 5 minutes from the beach, look no further because this is the house you have always been looking for. Excellently located, just 400 meters from the sea, and just 5 minutes by car from Fuseta, Olhão, Moncarapacho and 20 minutes from Faro airport, we find this old house, completely renovated and with very generous areas. The house is located on a plot of land measuring 460sqm and has 163sqm of built area, distributed in an entrance hall, 3 bedrooms, one of which is a suite with a private bathroom. The social area is a large open plan with an equipped kitchen, laundry room, dining room and TV room with direct access to a patio and also to a small vegetable garden, where some fruit trees are planted, with space to grow some vegetables or transform it into a beautiful garden. The terrace of this house has a 360 view of the Ria Fomosa, and it is possible to expand/build, upon presentation of an architectural project to the city council. Outside there is also an annex with a kitchenette and toilet to be restored. Inside the lot there is space to park 2 cars. The land is completely fenced and walled. Don't miss this opportunity and contact us to schedule your visit!
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Currency Exchange
União das Freguesias de Moncarapacho e Fuseta, 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 €494,000 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 |
|---|---|---|---|
| €494,000 | £407,007 | £417,968 | £10,962 |
| Property Price € | €494,000 |
| Minimum cost in the last six months | £407,007 |
| Maximum cost in the last six months | £417,968 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,962 |
União das Freguesias de Moncarapacho e Fuseta, 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 €494,000 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 |
|---|---|---|---|
| €494,000 | £407,007 | £417,968 | £10,962 |
| Property Price € | €494,000 |
| Minimum cost in the last six months | £407,007 |
| Maximum cost in the last six months | £417,968 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,962 |
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 £10,962 more.
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