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4 bedroom townhouse in a quiet urbanisation near the centre of Manta Rota
Vila Real de Santo António, Faro, Portugal
REF: 899936
€450,000
Description
4 bedroom townhouse in a quiet urbanisation near the centre of Manta Rota.Property consisting of 3 floors: Ground floor, 1st floor and attic.On the ground floor you will find a small front patio, entrance hall, open space living / dining room with kitchen, 1 toilet, 1 garage that can be converted into another bedroom, office or a second living room and, finally, a generous patio, facing east, with 38m2, consisting of barbecue, Sink and shower.On the 1st floor there are 2 bedrooms, both of which have built-in wardrobes that share a family bathroom. The rooms have areas of 11.40m2 and 15.50m2, respectively, and both have balconies.The attic consists of storage areas, with built-in wardrobes and 1 bathroom, and, thanks to velux windows, they will have natural light and can be perfectly used as bedrooms, office, games room etc. There is also a terrace.The villa is expected to be completed in February 2024, will be delivered with quality materials and will also be equipped with: solar panels for hot water, double glazing windows, electric shutters and pre-installation of air conditioning.Located in the centre of the village, about 750m to the beach of Manta Rota and a few meters to several amenities and services, namely Bars, restaurants, supermarket, among others. About 4kms to several golf courses, Quinta da Ria to the west and Monte Rei Golf & Country Club to the north, with the restaurant views of 1 Michelin star. About 15min. by car to Tavira and 35min. to Faro district airport.
4 bedroom townhouse in a quiet urbanisation near the centre of Manta Rota.Property consisting of 3 floors: Ground floor, 1st floor and attic.On the ground floor you will find a small front patio, entrance hall, open space living / dining room with kitchen, 1 toilet, 1 garage that can be converted into another bedroom, office or a second living room and, finally, a generous patio, facing east, with 38m2, consisting of barbecue, Sink and shower.On the 1st floor there are 2 bedrooms, both of which have built-in wardrobes that share a family bathroom. The rooms have areas of 11.40m2 and 15.50m2, respectively, and both have balconies.The attic consists of storage areas, with built-in wardrobes and 1 bathroom, and, thanks to velux windows, they will have natural light and can be perfectly used as bedrooms, office, games room etc. There is also a terrace.The villa is expected to be completed in February 2024, will be delivered with quality materials and will also be equipped with: solar panels for hot water, double glazing windows, electric shutters and pre-installation of air conditioning.Located in the centre of the village, about 750m to the beach of Manta Rota and a few meters to several amenities and services, namely Bars, restaurants, supermarket, among others. About 4kms to several golf courses, Quinta da Ria to the west and Monte Rei Golf & Country Club to the north, with the restaurant views of 1 Michelin star. About 15min. by car to Tavira and 35min. to Faro district airport.
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Currency Exchange
Vila Real de Santo António, 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 €450,000 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 |
|---|---|---|---|
| €450,000 | £372,740 | £386,753 | £14,013 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £372,740 |
| Maximum cost in the last six months | £386,753 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,013 |
Vila Real de Santo António, 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 €450,000 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 |
|---|---|---|---|
| €450,000 | £372,740 | £386,753 | £14,013 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £372,740 |
| Maximum cost in the last six months | £386,753 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,013 |
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 £14,013 more.
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