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Estoi - 6 bedroom house with 284sqm and 4600sqm of land! House located in Estoi, in a quiet and easily accessible area, just 10 minutes from the city of Faro
União das Freguesias de Conceição e Estoi, Faro, Portugal
REF: 896314
€685,000
Description
Estoi - 6 bedroom house with 284sqm and 4600sqm of land! House located in Estoi, in a quiet and easily accessible area, just 10 minutes from the city of Faro. This house with generous areas is distributed over 2 floors, having immense potential for those looking to purchase a property for a large family or even for an investor who wants to convert this space into several apartments with independent entrances. Located on a plot of land measuring 4600sqm, this house includes on the ground floor 1 covered garage with parking for several cars and 1 shed with kitchen and 1 bathroom, with a commercial space license, with an area of approximately 65sqm. The 6-bedroom house, on the ground floor, is distributed in a hall, 2 bedrooms, 1 bathroom and a kitchen with direct access to the external space. On the 1st floor we find 4 bedrooms, a large living room with fireplace, 2 bathrooms (one of which has a bathtub and the other a shower tray) and a terrace with beautiful views of the countryside. The house is in excellent condition, all spaces are spacious and with lots of natural light, it has air conditioning and central heating in all rooms, double-glazed windows and aluminum frames, outside there is also a kitchen and barbecue, land Spacious with several fruit trees and a very well-kept garden, borehole and water tank for irrigation, the land is completely fenced. Optimal location, just 5 minutes from the center of Estoi, 10km from Faro, 15km from the Airport and 4km from access to the A22 motorway. Don't miss this investment opportunity and contact us!
Estoi - 6 bedroom house with 284sqm and 4600sqm of land! House located in Estoi, in a quiet and easily accessible area, just 10 minutes from the city of Faro. This house with generous areas is distributed over 2 floors, having immense potential for those looking to purchase a property for a large family or even for an investor who wants to convert this space into several apartments with independent entrances. Located on a plot of land measuring 4600sqm, this house includes on the ground floor 1 covered garage with parking for several cars and 1 shed with kitchen and 1 bathroom, with a commercial space license, with an area of approximately 65sqm. The 6-bedroom house, on the ground floor, is distributed in a hall, 2 bedrooms, 1 bathroom and a kitchen with direct access to the external space. On the 1st floor we find 4 bedrooms, a large living room with fireplace, 2 bathrooms (one of which has a bathtub and the other a shower tray) and a terrace with beautiful views of the countryside. The house is in excellent condition, all spaces are spacious and with lots of natural light, it has air conditioning and central heating in all rooms, double-glazed windows and aluminum frames, outside there is also a kitchen and barbecue, land Spacious with several fruit trees and a very well-kept garden, borehole and water tank for irrigation, the land is completely fenced. Optimal location, just 5 minutes from the center of Estoi, 10km from Faro, 15km from the Airport and 4km from access to the A22 motorway. Don't miss this investment opportunity and contact us!
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Currency Exchange
União das Freguesias de Conceição e Estoi, 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 €685,000 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 |
|---|---|---|---|
| €685,000 | £567,392 | £588,723 | £21,331 |
| Property Price € | €685,000 |
| Minimum cost in the last six months | £567,392 |
| Maximum cost in the last six months | £588,723 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,331 |
União das Freguesias de Conceição e Estoi, 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 €685,000 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 |
|---|---|---|---|
| €685,000 | £567,392 | £588,723 | £21,331 |
| Property Price € | €685,000 |
| Minimum cost in the last six months | £567,392 |
| Maximum cost in the last six months | £588,723 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,331 |
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 £21,331 more.
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