New 3 bedroom house with outdoor leisure space and parking in Gambelas! Spread over three floors, this house offers an outdoor area consisting of: An open space concept room, integrated with a fully equipped kitchen, which opens onto the garden, where it is possible to install a small swimming pool

Montenegro, Faro, Portugal

For Sale

€540,000

REF: 896630 €540,000


3

3


156 m2

210 m2

Description

New 3 bedroom house with outdoor leisure space and parking in Gambelas! Spread over three floors, this house offers an outdoor area consisting of: An open space concept room, integrated with a fully equipped kitchen, which opens onto the garden, where it is possible to install a small swimming pool. In this outdoor space, there is also a barbecue area, where you can enjoy the sunny days of the Algarve! Still on the ground floor, there is a complete bathroom, to assist the floor.

On the first floor, there are three bedrooms, one of which is a suite, the bedrooms have built-in closets and two of them have large balconies! On this floor, there is also a common bathroom, also complete. The basement, with its 80sqm of open space, unfolds towards the garden. At the entrance to the property, there is a large outdoor space, where you can park up to two vehicles! This modern house is equipped with an automatic gate, electric shutters, double-glazed windows, as well as a solar panel and pre-installation of air conditioning in the bedrooms and living room.

Casas do Sotavento is a leading real estate agency in the Algarve market, standing out for its excellence, professionalism and commitment to meeting customer needs. With a solid reputation and extensive experience in the real estate sector, the agency stands out as a reliable choice for those looking to buy, sell or invest in properties in the region.

Casas do Sotavento is more than a real estate agency; is a partner committed to turning real estate dreams into reality, offering exceptional service and an in-depth view of the Algarve market!
New 3 bedroom house with outdoor leisure space and parking in Gambelas! Spread over three floors, this house offers an outdoor area consisting of: An open space concept room, integrated with a fully equipped kitchen, which opens onto the garden, where it is possible to install a small swimming pool. In this outdoor space, there is also a barbecue area, where you can enjoy the sunny days of the Algarve! Still on the ground floor, there is a complete bathroom, to assist the floor.

On the first floor, there are three bedrooms, one of which is a suite, the bedrooms have built-in closets and two of them have large balconies! On this floor, there is also a common bathroom, also complete. The basement, with its 80sqm of open space, unfolds towards the garden. At the entrance to the property, there is a large outdoor space, where you can park up to two vehicles! This modern house is equipped with an automatic gate, electric shutters, double-glazed windows, as well as a solar panel and pre-installation of air conditioning in the bedrooms and living room.

Casas do Sotavento is a leading real estate agency in the Algarve market, standing out for its excellence, professionalism and commitment to meeting customer needs. With a solid reputation and extensive experience in the real estate sector, the agency stands out as a reliable choice for those looking to buy, sell or invest in properties in the region.

Casas do Sotavento is more than a real estate agency; is a partner committed to turning real estate dreams into reality, offering exceptional service and an in-depth view of the Algarve market!
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Property on Map

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Currency Exchange

Montenegro, 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 €540,000 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
€540,000 £447,287 £464,103 £16,816
Property Price € €540,000
Minimum cost in the last six months £447,287
Maximum cost in the last six months £464,103
Fluctuating exchange rates over the last six months could have increased the cost of this property by £16,816

Montenegro, 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 €540,000 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
€540,000 £447,287 £464,103 £16,816
Property Price € €540,000
Minimum cost in the last six months £447,287
Maximum cost in the last six months £464,103
Fluctuating exchange rates over the last six months could have increased the cost of this property by £16,816

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 £16,816 more.

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