"On the Dunes of Praia Verde in Castro Marim" Unique Opportunity in Praia Verde, Algarve, Portugal: 2+1 Bedroom House with Panoramic Sea View! Discover this magnificent house located on the dunes of Praia Verde, a true gem by the sea

Castro Marim, Faro, Portugal

For Sale

€1,200,000

REF: 897367 €1,200,000


3

2

212 m2

460 m2

Description

"On the Dunes of Praia Verde in Castro Marim" Unique Opportunity in Praia Verde, Algarve, Portugal: 2+1 Bedroom House with Panoramic Sea View! Discover this magnificent house located on the dunes of Praia Verde, a true gem by the sea. Nestled in an idyllic setting, this property offers a unique lifestyle with a stunning 180º view of the ocean.

Main features: 2 spacious bedrooms with unobstructed views of the outdoors, each offering an intimate and relaxing environment. Imagine watching the sunset right from your bed! Large mezzanine, which can be transformed into a bedroom, office, or other functional space. 2 comfortable bathrooms. Independent kitchen with natural light, which can accommodate a large central island, perfect for entertaining guests.

Bright living room, a true living space that opens onto the terrace, creating harmony between indoor and outdoor living. Ideal for moments of relaxation or entertaining. Large beachfront terrace, an ideal space to relax, host barbecues, or simply contemplate the infinite horizon. Prime location on the dunes, offering absolute tranquility while still being close to local amenities.

Why is this house a true dream? Imagine waking up every morning to an impressive sea view, bathed in natural light that floods every corner of this house. The large windows in the living room and bedrooms invite you to appreciate the beauty of the surrounding nature. From the terrace, the view is even more breathtaking, almost lunar.

Located in a natural reserve, facing Praia do Cabeço. The charm of this house: This house stands out not only for its dream location but also for the authentic charm that emanates from every detail, waiting to be updated to your taste. It has been recently renovated (roof, insulation, plumbing, and electricity), but the works were unfortunately interrupted due to family reasons.

All that’s left is to add your personal touch to the bathrooms, kitchen, and some finishing details. The opportunity of a lifetime: Whether you're looking for a primary residence to escape the daily routine, a holiday home for unforgettable family moments, or a luxury investment property, this house will exceed all your expectations.

We estimate the seasonal rental yield at 8 to 9%. Features: -Land: 460 m² -Terrace: 40 m², south-facing -Terrace: 23 m², north-facing -Double glazing -Solar panels for hot water -Septic tank We hope to meet you soon on-site to personally show you this jewel of the Eastern Algarve coastline. #ref: 128918
"On the Dunes of Praia Verde in Castro Marim" Unique Opportunity in Praia Verde, Algarve, Portugal: 2+1 Bedroom House with Panoramic Sea View! Discover this magnificent house located on the dunes of Praia Verde, a true gem by the sea. Nestled in an idyllic setting, this property offers a unique lifestyle with a stunning 180º view of the ocean.

Main features: 2 spacious bedrooms with unobstructed views of the outdoors, each offering an intimate and relaxing environment. Imagine watching the sunset right from your bed! Large mezzanine, which can be transformed into a bedroom, office, or other functional space. 2 comfortable bathrooms. Independent kitchen with natural light, which can accommodate a large central island, perfect for entertaining guests.

Bright living room, a true living space that opens onto the terrace, creating harmony between indoor and outdoor living. Ideal for moments of relaxation or entertaining. Large beachfront terrace, an ideal space to relax, host barbecues, or simply contemplate the infinite horizon. Prime location on the dunes, offering absolute tranquility while still being close to local amenities.

Why is this house a true dream? Imagine waking up every morning to an impressive sea view, bathed in natural light that floods every corner of this house. The large windows in the living room and bedrooms invite you to appreciate the beauty of the surrounding nature. From the terrace, the view is even more breathtaking, almost lunar.

Located in a natural reserve, facing Praia do Cabeço. The charm of this house: This house stands out not only for its dream location but also for the authentic charm that emanates from every detail, waiting to be updated to your taste. It has been recently renovated (roof, insulation, plumbing, and electricity), but the works were unfortunately interrupted due to family reasons.

All that’s left is to add your personal touch to the bathrooms, kitchen, and some finishing details. The opportunity of a lifetime: Whether you're looking for a primary residence to escape the daily routine, a holiday home for unforgettable family moments, or a luxury investment property, this house will exceed all your expectations.

We estimate the seasonal rental yield at 8 to 9%. Features: -Land: 460 m² -Terrace: 40 m², south-facing -Terrace: 23 m², north-facing -Double glazing -Solar panels for hot water -Septic tank We hope to meet you soon on-site to personally show you this jewel of the Eastern Algarve coastline. #ref: 128918
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Property on Map

#128918

Currency Exchange

Castro Marim, 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 €1,200,000 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
€1,200,000 £988,680 £1,015,308 £26,628
Property Price € €1,200,000
Minimum cost in the last six months £988,680
Maximum cost in the last six months £1,015,308
Fluctuating exchange rates over the last six months could have increased the cost of this property by £26,628

Castro Marim, 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 €1,200,000 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
€1,200,000 £988,680 £1,015,308 £26,628
Property Price € €1,200,000
Minimum cost in the last six months £988,680
Maximum cost in the last six months £1,015,308
Fluctuating exchange rates over the last six months could have increased the cost of this property by £26,628

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 £26,628 more.

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