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Building Features: Ground floor (Store): - Total area of 80sqm, 70sqm of which are useful, generous space for commercial activities
Vila Real de Santo António, Faro, Portugal
REF: 896253
€260,000
Description
Building Features: Ground floor (Store): - Total area of 80sqm, 70sqm of which are useful, generous space for commercial activities. - Includes a bathroom for the convenience of customers and employees. - Stair access to the apartment on the 1st floor. First Floor (2 bedroom apartment): - Apartment with 90sqm gross, with 24.90sqm of gross dependent area. - 2 independent bedrooms, with a balcony accessible from both, offering lovely views. - Separate kitchen and living room for greater convenience with the possibility of turning it into an open space. - Pantry in the kitchen with access to the attic, allowing additional storage. - A complete bathroom to meet daily needs. - Sunny terrace connected to the kitchen and living room, ideal for relaxing moments. Reasons to Invest: - Privileged Location: Located on a prestigious street in Vila Real de Santo António, with easy access to services and amenities. - Double Income Opportunity: With the store on the ground floor and the apartment on the first floor, this building offers the flexibility of multiple uses, whether for commerce or housing. - Well-Distributed Spaces: Each space was intelligently designed to provide comfort and practicality, meeting different needs. This is a unique investment that combines functionality and elegance. Don't miss your chance to own a building that not only meets the needs of the present, but also offers promising potential for the future. Contact us for more information and schedule a visit to your new development in Vila Real de Santo António!
Building Features: Ground floor (Store): - Total area of 80sqm, 70sqm of which are useful, generous space for commercial activities. - Includes a bathroom for the convenience of customers and employees. - Stair access to the apartment on the 1st floor. First Floor (2 bedroom apartment): - Apartment with 90sqm gross, with 24.90sqm of gross dependent area. - 2 independent bedrooms, with a balcony accessible from both, offering lovely views. - Separate kitchen and living room for greater convenience with the possibility of turning it into an open space. - Pantry in the kitchen with access to the attic, allowing additional storage. - A complete bathroom to meet daily needs. - Sunny terrace connected to the kitchen and living room, ideal for relaxing moments. Reasons to Invest: - Privileged Location: Located on a prestigious street in Vila Real de Santo António, with easy access to services and amenities. - Double Income Opportunity: With the store on the ground floor and the apartment on the first floor, this building offers the flexibility of multiple uses, whether for commerce or housing. - Well-Distributed Spaces: Each space was intelligently designed to provide comfort and practicality, meeting different needs. This is a unique investment that combines functionality and elegance. Don't miss your chance to own a building that not only meets the needs of the present, but also offers promising potential for the future. Contact us for more information and schedule a visit to your new development in Vila Real de Santo António!
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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 €260,000 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 |
|---|---|---|---|
| €260,000 | £215,361 | £223,457 | £8,096 |
| Property Price € | €260,000 |
| Minimum cost in the last six months | £215,361 |
| Maximum cost in the last six months | £223,457 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,096 |
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 €260,000 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 |
|---|---|---|---|
| €260,000 | £215,361 | £223,457 | £8,096 |
| Property Price € | €260,000 |
| Minimum cost in the last six months | £215,361 |
| Maximum cost in the last six months | £223,457 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,096 |
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 £8,096 more.
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