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In the famous Lux de Tavira development, this 3 bedroom villa consists of several floors
União das Freguesias de Luz de Tavira e Santo Estêvão, Faro, Portugal
REF: 896444
€590,000
Description
In the famous Lux de Tavira development, this 3 bedroom villa consists of several floors. On the ground floor, there is a spacious dining and living room, an equipped kitchen and a bathroom. On the first floor, there is a bedroom en suite, two additional bedrooms and another bathroom. On the second floor, there is a terrace to enjoy the outdoors. The house also has a basement with direct access from inside the house, offering parking for two cars and a laundry room. With Barril beach just 2km away. Close to the village of Luz de Tavira where you will find some services and local shops and with the city of Tavira just 5km away. Faro airport is 29km away, 7km from the access to the A22, and 40km from Spain. The sun exposure of this place is recognized for being one of the areas with the most hours of sunshine in Europe. Book your visit and see the opportunity we have to offer you. About Vila da Luz de Tavira The first references to the existence of the parish date back to the 16th century (before 1514) and its importance comes from intense agricultural activity. The parish of Luz de Tavira is located six kilometers from Tavira and is bordered to the south by the Ria Formosa and to the north by the parish of Santo Estêvão. The population lives essentially from agriculture, collecting bivalves in the Torre d'Aires area (where structures from the important Roman city of Balsa dating from the 3rd to 1st centuries BC were discovered), production of good quality citrus fruit and small trade. Iron and carpentry work and artefacts for artisanal fishing are produced. In gastronomic terms, in addition to cuttlefish feijoada, oysters and corn with shells, regional almond sweets should be highlighted, to be enjoyed in the parish's various restaurants. Regarding accommodation, the parish has some infrastructure. Walking along the paths of this parish will provide the visitor with a journey among traces of an important historical legacy that is reflected in the heritage and natural beauty of its landscapes. 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 for those who come to us. Our concern is to treat everyone as we would like to be treated.
In the famous Lux de Tavira development, this 3 bedroom villa consists of several floors. On the ground floor, there is a spacious dining and living room, an equipped kitchen and a bathroom. On the first floor, there is a bedroom en suite, two additional bedrooms and another bathroom. On the second floor, there is a terrace to enjoy the outdoors. The house also has a basement with direct access from inside the house, offering parking for two cars and a laundry room. With Barril beach just 2km away. Close to the village of Luz de Tavira where you will find some services and local shops and with the city of Tavira just 5km away. Faro airport is 29km away, 7km from the access to the A22, and 40km from Spain. The sun exposure of this place is recognized for being one of the areas with the most hours of sunshine in Europe. Book your visit and see the opportunity we have to offer you. About Vila da Luz de Tavira The first references to the existence of the parish date back to the 16th century (before 1514) and its importance comes from intense agricultural activity. The parish of Luz de Tavira is located six kilometers from Tavira and is bordered to the south by the Ria Formosa and to the north by the parish of Santo Estêvão. The population lives essentially from agriculture, collecting bivalves in the Torre d'Aires area (where structures from the important Roman city of Balsa dating from the 3rd to 1st centuries BC were discovered), production of good quality citrus fruit and small trade. Iron and carpentry work and artefacts for artisanal fishing are produced. In gastronomic terms, in addition to cuttlefish feijoada, oysters and corn with shells, regional almond sweets should be highlighted, to be enjoyed in the parish's various restaurants. Regarding accommodation, the parish has some infrastructure. Walking along the paths of this parish will provide the visitor with a journey among traces of an important historical legacy that is reflected in the heritage and natural beauty of its landscapes. 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 for those who come to us. Our concern is to treat everyone as we would like to be treated.
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Currency Exchange
União das Freguesias de Luz de Tavira e Santo Estêvão, 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 €590,000 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 |
|---|---|---|---|
| €590,000 | £488,703 | £507,076 | £18,373 |
| Property Price € | €590,000 |
| Minimum cost in the last six months | £488,703 |
| Maximum cost in the last six months | £507,076 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,373 |
União das Freguesias de Luz de Tavira e Santo Estêvão, 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 €590,000 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 |
|---|---|---|---|
| €590,000 | £488,703 | £507,076 | £18,373 |
| Property Price € | €590,000 |
| Minimum cost in the last six months | £488,703 |
| Maximum cost in the last six months | £507,076 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,373 |
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 £18,373 more.
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