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Building in the city center, close to the historic area of the city (Roman bridge and castle) and 1 minute from the Gilão River
União das Freguesias de Tavira (Santa Maria e Santiago), Faro, Portugal
REF: 896443
€799,500
Description
Building in the city center, close to the historic area of the city (Roman bridge and castle) and 1 minute from the Gilão River. A large area with potential. It is intended for reconstruction for possible local accommodation, hotel or housing. On the ground floor there are 2 spaces (former shops, each of which contains a kitchen, toilet, kitchen and storage room. On the 1st and 2nd floor there are five apartments (T0 and T1) with kitchen, living room, bathroom and storage space. Property with great potential! Schedule your visit now About the City of Tavira: Tavira is a small town on the Algarve coast of Portugal. It extends along the Gilão River, which reaches the sea through the entrances to the lagoons of the Ria Formosa Natural Park. Tavira Island has a long sandy beach and salt flats that attract flamingos, spoonbills and other wading birds. Tavira is a city with a history very marked by the Christian reconquest and some of its landmarks reflect this same history: the medieval castle of Tavira that offers views of the city, the Roman Bridge that crosses the river Gilão, and its churches that keep true treasures. All these characteristics fall in love with those who visit this city, making them want to stay here. Living in Tavira means never wanting to live anywhere else. Casas do Sotavento is a family company, recognized in the country and abroad, by customers, employees, investors, for the quality of our actions and our projects. Our mission is to provide an easy and smooth experience.
Building in the city center, close to the historic area of the city (Roman bridge and castle) and 1 minute from the Gilão River. A large area with potential. It is intended for reconstruction for possible local accommodation, hotel or housing. On the ground floor there are 2 spaces (former shops, each of which contains a kitchen, toilet, kitchen and storage room. On the 1st and 2nd floor there are five apartments (T0 and T1) with kitchen, living room, bathroom and storage space. Property with great potential! Schedule your visit now About the City of Tavira: Tavira is a small town on the Algarve coast of Portugal. It extends along the Gilão River, which reaches the sea through the entrances to the lagoons of the Ria Formosa Natural Park. Tavira Island has a long sandy beach and salt flats that attract flamingos, spoonbills and other wading birds. Tavira is a city with a history very marked by the Christian reconquest and some of its landmarks reflect this same history: the medieval castle of Tavira that offers views of the city, the Roman Bridge that crosses the river Gilão, and its churches that keep true treasures. All these characteristics fall in love with those who visit this city, making them want to stay here. Living in Tavira means never wanting to live anywhere else. Casas do Sotavento is a family company, recognized in the country and abroad, by customers, employees, investors, for the quality of our actions and our projects. Our mission is to provide an easy and smooth experience.
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Currency Exchange
União das Freguesias de Tavira (Santa Maria e Santiago), 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 €799,500 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 |
|---|---|---|---|
| €799,500 | £662,234 | £687,130 | £24,896 |
| Property Price € | €799,500 |
| Minimum cost in the last six months | £662,234 |
| Maximum cost in the last six months | £687,130 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £24,896 |
União das Freguesias de Tavira (Santa Maria e Santiago), 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 €799,500 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 |
|---|---|---|---|
| €799,500 | £662,234 | £687,130 | £24,896 |
| Property Price € | €799,500 |
| Minimum cost in the last six months | £662,234 |
| Maximum cost in the last six months | £687,130 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £24,896 |
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 £24,896 more.
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