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Large 8 Bedroom House situated in the centre of the historic City of Tavira with 2 floors + loft and garage!Property inserted in a spacious plot of 497 m2 composed of Ground Floor, 1st floor and loft, has an annex in the property with wood burner oven, garage, patio and driveway with space to park s
Tavira, Faro, Portugal
REF: 899954
€690,000
Description
Large 8 Bedroom House situated in the centre of the historic City of Tavira with 2 floors + loft and garage!Property inserted in a spacious plot of 497 m2 composed of Ground Floor, 1st floor and loft, has an annex in the property with wood burner oven, garage, patio and driveway with space to park several vehicles and plenty of garden space with some fruit trees, namely orange trees.The lower floor of the villa has 4 bedrooms, 1 kitchen with dining room, 1 living room, 1 bathroom with shower and backyard with garden that surrounds the villa.On the first floor we find the remaining 4 bedrooms, with access to 2 terraces, one of these facing south and 1 family bathroom. There is also a large attic with plenty of potential to convert into 2 bedrooms, office, library or storage rooms.Ideal for living in a family environment or for real estate investment, it is possible to build up to 1000m2 with a ground deployment area of approximately 340m2, up to 4 floors + basement.Privileged location, property situated in the centre of the beautiful city of Tavira a few minutes walk from all amenities and services, namely the boarding pier to the Island of Tavira, shops, cafes / restaurants, municipal swimming pools and the Gran-Plaza Shopping Centre. Just a 5-minute walk from the historic city centre and the Gilão River. Just 30 minutes by car to Faro Airport. Take this opportunity and book your visit with us now!
Large 8 Bedroom House situated in the centre of the historic City of Tavira with 2 floors + loft and garage!Property inserted in a spacious plot of 497 m2 composed of Ground Floor, 1st floor and loft, has an annex in the property with wood burner oven, garage, patio and driveway with space to park several vehicles and plenty of garden space with some fruit trees, namely orange trees.The lower floor of the villa has 4 bedrooms, 1 kitchen with dining room, 1 living room, 1 bathroom with shower and backyard with garden that surrounds the villa.On the first floor we find the remaining 4 bedrooms, with access to 2 terraces, one of these facing south and 1 family bathroom. There is also a large attic with plenty of potential to convert into 2 bedrooms, office, library or storage rooms.Ideal for living in a family environment or for real estate investment, it is possible to build up to 1000m2 with a ground deployment area of approximately 340m2, up to 4 floors + basement.Privileged location, property situated in the centre of the beautiful city of Tavira a few minutes walk from all amenities and services, namely the boarding pier to the Island of Tavira, shops, cafes / restaurants, municipal swimming pools and the Gran-Plaza Shopping Centre. Just a 5-minute walk from the historic city centre and the Gilão River. Just 30 minutes by car to Faro Airport. Take this opportunity and book your visit with us now!
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Currency Exchange
Tavira, 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 €690,000 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 |
|---|---|---|---|
| €690,000 | £571,534 | £593,021 | £21,487 |
| Property Price € | €690,000 |
| Minimum cost in the last six months | £571,534 |
| Maximum cost in the last six months | £593,021 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,487 |
Tavira, 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 €690,000 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 |
|---|---|---|---|
| €690,000 | £571,534 | £593,021 | £21,487 |
| Property Price € | €690,000 |
| Minimum cost in the last six months | £571,534 |
| Maximum cost in the last six months | £593,021 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,487 |
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 £21,487 more.
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