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Spacious & Immaculate Detached 5 Bedroom House
Lagoa, Faro, Portugal
REF: 897540
€920,000
Description
Large spacious detached property in a sought after urbanisation. Close to the beautiful beaches and resorts. The house has excellent finishes, large rooms and plenty of storage. Plenty of parking both inside the basement garage and on the driveway. It really is an immaculate house. The property comprises of 2 floors plus the basement .5 large bedrooms 3 bathrooms Large kitchen with dining area and pantry Separate laundry and utility room. Large open plan living room with fireplace and formal dining area. All bedrooms with quality fitted wardrobes. Air conditioning. Central Vacuum. Photovoltaic solar panels Swimming Pool. Garden. Energy rating A. It is a fantastic property for living or would make a great investment for renting. Contact me in the first instance to arrange your visit to the property.
Large spacious detached property in a sought after urbanisation. Close to the beautiful beaches and resorts. The house has excellent finishes, large rooms and plenty of storage. Plenty of parking both inside the basement garage and on the driveway. It really is an immaculate house. The property comprises of 2 floors plus the basement .5 large bedrooms 3 bathrooms Large kitchen with dining area and pantry Separate laundry and utility room. Large open plan living room with fireplace and formal dining area. All bedrooms with quality fitted wardrobes. Air conditioning. Central Vacuum. Photovoltaic solar panels Swimming Pool. Garden. Energy rating A. It is a fantastic property for living or would make a great investment for renting. Contact me in the first instance to arrange your visit to the property.
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Currency Exchange
Lagoa, 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 €920,000 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 |
|---|---|---|---|
| €920,000 | £762,045 | £790,694 | £28,649 |
| Property Price € | €920,000 |
| Minimum cost in the last six months | £762,045 |
| Maximum cost in the last six months | £790,694 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £28,649 |
Lagoa, 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 €920,000 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 |
|---|---|---|---|
| €920,000 | £762,045 | £790,694 | £28,649 |
| Property Price € | €920,000 |
| Minimum cost in the last six months | £762,045 |
| Maximum cost in the last six months | £790,694 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £28,649 |
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 £28,649 more.
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