Villa with terrace, in the historic center of Alcoutim

União das Freguesias de Alcoutim e Pereiro, Faro, Portugal

For Sale

€215,000

REF: 896260 €215,000


3

3

220 m2

350 m2

Description

Villa with terrace, in the historic center of Alcoutim. Unobstructed view to the Castle, The Mountains and The Village. On the Ground Floor there is a restaurant, with kitchen and bathrooms. Outdoor bathroom, patio, terrace, balcony and balconies. Possibility to transform into a Hotel, Local Accommodation and Tourism.

License for Commerce, Catering and Service. Possibility for a villa, or apartments, in the center of Alcoutim. Very close to alcoutim river beach. A few meters to enjoy the beautiful River Beach. Alcoutim is 40 minutes from the best beaches in the Algarve. Only two km from alcoutim dam Approximately one hour from Faro Airport. And 30 minutes from the center of Castro Marim and the Border with Spain. Make an opinion.
Villa with terrace, in the historic center of Alcoutim. Unobstructed view to the Castle, The Mountains and The Village. On the Ground Floor there is a restaurant, with kitchen and bathrooms. Outdoor bathroom, patio, terrace, balcony and balconies. Possibility to transform into a Hotel, Local Accommodation and Tourism.

License for Commerce, Catering and Service. Possibility for a villa, or apartments, in the center of Alcoutim. Very close to alcoutim river beach. A few meters to enjoy the beautiful River Beach. Alcoutim is 40 minutes from the best beaches in the Algarve. Only two km from alcoutim dam Approximately one hour from Faro Airport. And 30 minutes from the center of Castro Marim and the Border with Spain. Make an opinion.
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Property on Map

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Currency Exchange

União das Freguesias de Alcoutim e Pereiro, 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 €215,000 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
€215,000 £178,087 £184,782 £6,695
Property Price € €215,000
Minimum cost in the last six months £178,087
Maximum cost in the last six months £184,782
Fluctuating exchange rates over the last six months could have increased the cost of this property by £6,695

União das Freguesias de Alcoutim e Pereiro, 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 €215,000 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
€215,000 £178,087 £184,782 £6,695
Property Price € €215,000
Minimum cost in the last six months £178,087
Maximum cost in the last six months £184,782
Fluctuating exchange rates over the last six months could have increased the cost of this property by £6,695

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 £6,695 more.

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