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We present a charming 2-bedroom semi-detached house in Alte, a typical Algarve gem in need of restoration
Alte, Faro, Portugal
REF: 896305
€115,000
Description
We present a charming 2-bedroom semi-detached house in Alte, a typical Algarve gem in need of restoration. This original house can be restored while maintaining its original structure, further enhancing its traditional beauty. Located in a picturesque setting overlooking the Algarve mountains, the villa is divided into five divisions, allowing for the creation of a 2-bedroom house with good areas. One of its greatest charms is the old wood-burning oven, ideal for preparing bread, cakes and other delicacies. At the back, there is a small terrace, perfect for creating an outdoor dining area, providing a cozy and pleasant space to enjoy the tranquility of the region. This villa offers an excellent opportunity for those looking for a renovation project in an authentic and charming location in the Algarve. Don't miss out on this unique opportunity, book your visit with us now Casas do Sotavento is a prestigious family business, recognized for the high quality of its products and projects, both in Portugal and abroad. Its mission is to provide a smooth and easy experience for clients, employees and investors, treating everyone with respect and attention. The company stands out for its transparency and honesty at every stage of the buying process, from the choice of property to final delivery. To find the property of your dreams, contact Casas do Sotavento and discover its products and services.
We present a charming 2-bedroom semi-detached house in Alte, a typical Algarve gem in need of restoration. This original house can be restored while maintaining its original structure, further enhancing its traditional beauty. Located in a picturesque setting overlooking the Algarve mountains, the villa is divided into five divisions, allowing for the creation of a 2-bedroom house with good areas. One of its greatest charms is the old wood-burning oven, ideal for preparing bread, cakes and other delicacies. At the back, there is a small terrace, perfect for creating an outdoor dining area, providing a cozy and pleasant space to enjoy the tranquility of the region. This villa offers an excellent opportunity for those looking for a renovation project in an authentic and charming location in the Algarve. Don't miss out on this unique opportunity, book your visit with us now Casas do Sotavento is a prestigious family business, recognized for the high quality of its products and projects, both in Portugal and abroad. Its mission is to provide a smooth and easy experience for clients, employees and investors, treating everyone with respect and attention. The company stands out for its transparency and honesty at every stage of the buying process, from the choice of property to final delivery. To find the property of your dreams, contact Casas do Sotavento and discover its products and services.
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Currency Exchange
Alte, 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 €115,000 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 |
|---|---|---|---|
| €115,000 | £95,256 | £98,837 | £3,581 |
| Property Price € | €115,000 |
| Minimum cost in the last six months | £95,256 |
| Maximum cost in the last six months | £98,837 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,581 |
Alte, 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 €115,000 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 |
|---|---|---|---|
| €115,000 | £95,256 | £98,837 | £3,581 |
| Property Price € | €115,000 |
| Minimum cost in the last six months | £95,256 |
| Maximum cost in the last six months | £98,837 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,581 |
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 £3,581 more.
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