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Single-storey house, semi-detached on both sides, with 111sqm in need of renovation
Santa Catarina da Fonte do Bispo, Faro, Portugal
REF: 896342
€145,000
Description
Single-storey house, semi-detached on both sides, with 111sqm in need of renovation. Comprising a kitchen, living room, two bedrooms, bathroom, storage and pantry, this house also has land. It has already undergone some renovation work, such as new plumbing and electrical system, flooring, etc., but still needs work. It has mains water, electricity and sewage and 1200sqm of land at the back of the house and 1060sqm at the front. Located in Morenos, Santa Catarina da Fonte do Bispo, it is 13 km from Tavira. About Santa Catarina da Fonte do Bispo The parish of Santa Catarina da Fonte do Bispo has 11,920 hectares, between the barrocal and the mountains. The population is mainly dedicated to agriculture, crafts and the artisanal ceramics industry and some rural tourism. The cultural landscapes of transition stand out in this area, with almond, carob and cork trees, livestock farming and the production of brandies, liqueurs and arbutus. This is a warm-coloured fruit that grows easily, likes humidity and is found in the Algarve mountains. The limestone and clay soils are a factor in the development of crafts and the ceramics industry. For those visiting the parish of Santa Catarina da Fonte do Bispo, it is possible to go on walking tours, visit the Santa Catarina da Fonte do Bispo Agricultural Cooperative, which aims to promote and publicise the products made by the cooperative and others with local and regional characteristics, and show visitors the different stages of production, as well as the tools used, as well as enjoy a good meal in the parish's restaurants. Casas do Sotavento is a family business, recognised in the country and abroad by customers, employees and investors for the quality of our actions and projects. Our mission is to provide an easy and peaceful experience for those who seek us out. Our concern is to treat everyone as we would like to be treated.
Single-storey house, semi-detached on both sides, with 111sqm in need of renovation. Comprising a kitchen, living room, two bedrooms, bathroom, storage and pantry, this house also has land. It has already undergone some renovation work, such as new plumbing and electrical system, flooring, etc., but still needs work. It has mains water, electricity and sewage and 1200sqm of land at the back of the house and 1060sqm at the front. Located in Morenos, Santa Catarina da Fonte do Bispo, it is 13 km from Tavira. About Santa Catarina da Fonte do Bispo The parish of Santa Catarina da Fonte do Bispo has 11,920 hectares, between the barrocal and the mountains. The population is mainly dedicated to agriculture, crafts and the artisanal ceramics industry and some rural tourism. The cultural landscapes of transition stand out in this area, with almond, carob and cork trees, livestock farming and the production of brandies, liqueurs and arbutus. This is a warm-coloured fruit that grows easily, likes humidity and is found in the Algarve mountains. The limestone and clay soils are a factor in the development of crafts and the ceramics industry. For those visiting the parish of Santa Catarina da Fonte do Bispo, it is possible to go on walking tours, visit the Santa Catarina da Fonte do Bispo Agricultural Cooperative, which aims to promote and publicise the products made by the cooperative and others with local and regional characteristics, and show visitors the different stages of production, as well as the tools used, as well as enjoy a good meal in the parish's restaurants. Casas do Sotavento is a family business, recognised in the country and abroad by customers, employees and investors for the quality of our actions and projects. Our mission is to provide an easy and peaceful experience for those who seek us out. Our concern is to treat everyone as we would like to be treated.
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Currency Exchange
Santa Catarina da Fonte do Bispo, 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 €145,000 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 |
|---|---|---|---|
| €145,000 | £120,105 | £124,620 | £4,515 |
| Property Price € | €145,000 |
| Minimum cost in the last six months | £120,105 |
| Maximum cost in the last six months | £124,620 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,515 |
Santa Catarina da Fonte do Bispo, 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 €145,000 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 |
|---|---|---|---|
| €145,000 | £120,105 | £124,620 | £4,515 |
| Property Price € | €145,000 |
| Minimum cost in the last six months | £120,105 |
| Maximum cost in the last six months | £124,620 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,515 |
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 £4,515 more.
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