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Traditional semi-detached house of 55m² to renovate, set on a plot with a total area of 80m²
Olhão, Faro, Portugal
REF: 899143
€100,000
Description
Traditional semi-detached house of 55m² to renovate, set on a plot with a total area of 80m². In front of the south-facing facade of the house, there is a 12m² patio that leads to an annex for agricultural use. The construction dates back to before 1951. Contact me for more information or to schedule a visit. Feel free to reach out if you need any further modifications! About Olhão: The municipality of Olhão has been growing steadily as it is located in the heart of the Algarve, near Gago Coutinho International Airport and Faro District Hospital. Here, you can enjoy the best restaurants along the Algarve coast with views of the famous islands of Armona, Culatra, and Farol. Don't forget the Ria Formosa Natural Park, where flora and fauna enthusiasts enjoy biking or walking with family, making the most of the natural surroundings. About iad Portugal: Founded in France in 2008 and in Portugal in 2015, iad was born from an innovative model that expands the traditional real estate agency concept, promoting a close relationship between the consultant and the client. The success of the iad group is reflected in thousands of consultants, online properties, and completed transactions. iad is a network of independent real estate consultants based on a fully innovative model that breaks with the traditional real estate agency concept. What does the 21st-century client look for when deciding to buy, rent, or sell a property? They seek a complete, uncomplicated, and competitive service. That’s what we offer at iad. Our consultants meet with you, having access to the latest industry training and a platform of exclusive tools that allow them to provide you with the best service wherever you are. We give our consultants the flexibility and autonomy necessary to guarantee you personalized support in achieving your project, whether it is buying, renting, or selling a property. At iad, you will find a real estate consultant tailored to your needs. iad is a digital and dynamic real estate agency, built on professionalism and transparency. As an independent real estate consultant, I have the autonomy to manage my schedule, ensuring personalized support throughout the process and offering a quality service at the best price. At iad, we share 50/50 with all agencies. #ref: 125140
Traditional semi-detached house of 55m² to renovate, set on a plot with a total area of 80m². In front of the south-facing facade of the house, there is a 12m² patio that leads to an annex for agricultural use. The construction dates back to before 1951. Contact me for more information or to schedule a visit. Feel free to reach out if you need any further modifications! About Olhão: The municipality of Olhão has been growing steadily as it is located in the heart of the Algarve, near Gago Coutinho International Airport and Faro District Hospital. Here, you can enjoy the best restaurants along the Algarve coast with views of the famous islands of Armona, Culatra, and Farol. Don't forget the Ria Formosa Natural Park, where flora and fauna enthusiasts enjoy biking or walking with family, making the most of the natural surroundings. About iad Portugal: Founded in France in 2008 and in Portugal in 2015, iad was born from an innovative model that expands the traditional real estate agency concept, promoting a close relationship between the consultant and the client. The success of the iad group is reflected in thousands of consultants, online properties, and completed transactions. iad is a network of independent real estate consultants based on a fully innovative model that breaks with the traditional real estate agency concept. What does the 21st-century client look for when deciding to buy, rent, or sell a property? They seek a complete, uncomplicated, and competitive service. That’s what we offer at iad. Our consultants meet with you, having access to the latest industry training and a platform of exclusive tools that allow them to provide you with the best service wherever you are. We give our consultants the flexibility and autonomy necessary to guarantee you personalized support in achieving your project, whether it is buying, renting, or selling a property. At iad, you will find a real estate consultant tailored to your needs. iad is a digital and dynamic real estate agency, built on professionalism and transparency. As an independent real estate consultant, I have the autonomy to manage my schedule, ensuring personalized support throughout the process and offering a quality service at the best price. At iad, we share 50/50 with all agencies. #ref: 125140
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Property on Map
Currency Exchange
Olhão, 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 €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 |
|---|---|---|---|
| €100,000 | £82,390 | £85,945 | £3,555 |
| Property Price € | €100,000 |
| Minimum cost in the last six months | £82,390 |
| Maximum cost in the last six months | £85,945 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,555 |
Olhão, 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 €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 |
|---|---|---|---|
| €100,000 | £82,390 | £85,945 | £3,555 |
| Property Price € | €100,000 |
| Minimum cost in the last six months | £82,390 |
| Maximum cost in the last six months | £85,945 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,555 |
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 £3,555 more.
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