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Located in Rasmalho, municipality of Portimão, in a rural area where dispersed housing predominates, this villa has a swimming pool inserted in a land of 2,250sqm
Portimão, Faro, Portugal
REF: 896645
€1,100,000
Description
Located in Rasmalho, municipality of Portimão, in a rural area where dispersed housing predominates, this villa has a swimming pool inserted in a land of 2,250sqm. It has recently been remodeled and all plumbing is new, as well as electricity and telecommunications. It has a garden with land and water hole with a well. It has a large garage of 4.5 meters high. Barbecue facilities, fireplace and fully equipped kitchens. It has 5 bathrooms (3 suites). It has housing and commerce licenses. View of Monchique and Picota. With easy access, the A22 is 2 km away and Portimão is 5 km away. Its surroundings are made up of restaurants, cafes, bakeries and public transport. About 10 minutes by car we can find pharmacies, butchers, grocery stores, supermarkets, public bodies, the marina, kindergarten and schools. Among the various points of tourist interest of the region stand out the Morgado Golf Course, the Algarve International Racetrack, the Megalithic Monuments of Alcalar, the Odelouca dam, the Mina Park, the Spa village of Caldas de Monchique, the Marina of Portimão, as well as the historic center of this magnificent city. Contact us for more information or schedule visit! Real Estate Casas do Sotavento was founded in 2000 with the objective of being the reference real estate in the Algarve sotavento. We stand out for our commitment to technological development, being present in about 220 national and foreign portals and social networks. We provide personalized monitoring, we create solutions tailored to each client. All our professionals ensure strict management of mediation contracts and buying and selling processes.
Located in Rasmalho, municipality of Portimão, in a rural area where dispersed housing predominates, this villa has a swimming pool inserted in a land of 2,250sqm. It has recently been remodeled and all plumbing is new, as well as electricity and telecommunications. It has a garden with land and water hole with a well. It has a large garage of 4.5 meters high. Barbecue facilities, fireplace and fully equipped kitchens. It has 5 bathrooms (3 suites). It has housing and commerce licenses. View of Monchique and Picota. With easy access, the A22 is 2 km away and Portimão is 5 km away. Its surroundings are made up of restaurants, cafes, bakeries and public transport. About 10 minutes by car we can find pharmacies, butchers, grocery stores, supermarkets, public bodies, the marina, kindergarten and schools. Among the various points of tourist interest of the region stand out the Morgado Golf Course, the Algarve International Racetrack, the Megalithic Monuments of Alcalar, the Odelouca dam, the Mina Park, the Spa village of Caldas de Monchique, the Marina of Portimão, as well as the historic center of this magnificent city. Contact us for more information or schedule visit! Real Estate Casas do Sotavento was founded in 2000 with the objective of being the reference real estate in the Algarve sotavento. We stand out for our commitment to technological development, being present in about 220 national and foreign portals and social networks. We provide personalized monitoring, we create solutions tailored to each client. All our professionals ensure strict management of mediation contracts and buying and selling processes.
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Currency Exchange
Portimão, 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 €1,100,000 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 |
|---|---|---|---|
| €1,100,000 | £906,290 | £945,395 | £39,105 |
| Property Price € | €1,100,000 |
| Minimum cost in the last six months | £906,290 |
| Maximum cost in the last six months | £945,395 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £39,105 |
Portimão, 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 €1,100,000 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 |
|---|---|---|---|
| €1,100,000 | £906,290 | £945,395 | £39,105 |
| Property Price € | €1,100,000 |
| Minimum cost in the last six months | £906,290 |
| Maximum cost in the last six months | £945,395 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £39,105 |
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 £39,105 more.
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