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Detached house converted into a 3-bedroom house with a garden
Quelfes, Faro, Portugal
REF: 896377
€375,000
Description
Detached house converted into a 3-bedroom house with a garden. Located in the Olhão area, in a place where we can find the oldest bridge in the municipality. This house is located on a plot of land measuring 912sqm, completely fenced, with its own water hole and mains water, sewage and electricity in operation. In the garden you can find several fruit trees, such as: custard apple, loquat, orange trees, tangerine trees, grapevines and others. Garage and porch for vehicles, chicken coops, pigpens, storage rooms and a water tank with its pump. It has good access and is a short distance from the city of Olhão where you can find all kinds of shops and services. Come and discover with us this opportunity that so many dream of having one day. Book your visit. Casas do Sotavento is a family business, recognized in Portugal and abroad, by customers, employees and investors, for the quality of our actions and our projects. Our mission is to provide an easy and smooth experience. Our concern is to treat everyone as we would like to be treated.
Detached house converted into a 3-bedroom house with a garden. Located in the Olhão area, in a place where we can find the oldest bridge in the municipality. This house is located on a plot of land measuring 912sqm, completely fenced, with its own water hole and mains water, sewage and electricity in operation. In the garden you can find several fruit trees, such as: custard apple, loquat, orange trees, tangerine trees, grapevines and others. Garage and porch for vehicles, chicken coops, pigpens, storage rooms and a water tank with its pump. It has good access and is a short distance from the city of Olhão where you can find all kinds of shops and services. Come and discover with us this opportunity that so many dream of having one day. Book your visit. Casas do Sotavento is a family business, recognized in Portugal and abroad, by customers, employees and investors, for the quality of our actions and our projects. Our mission is to provide an easy and smooth experience. Our concern is to treat everyone as we would like to be treated.
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Currency Exchange
Quelfes, 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 €375,000 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 |
|---|---|---|---|
| €375,000 | £310,616 | £322,294 | £11,678 |
| Property Price € | €375,000 |
| Minimum cost in the last six months | £310,616 |
| Maximum cost in the last six months | £322,294 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,678 |
Quelfes, 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 €375,000 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 |
|---|---|---|---|
| €375,000 | £310,616 | £322,294 | £11,678 |
| Property Price € | €375,000 |
| Minimum cost in the last six months | £310,616 |
| Maximum cost in the last six months | £322,294 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,678 |
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 £11,678 more.
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