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6 Bedroom House located on the 2nd line of Monte Gordo Beach
Vila Real de Santo António, Faro, Portugal
REF: 899985
€340,000
Description
6 Bedroom House located on the 2nd line of Monte Gordo Beach.Property composed of 3 floors: Ground Floor, 1st Floor and attic.The lower floor of the villa has an entrance hall, living room, service bathroom, dining room, kitchen and patio.On the 1st floor you will find 4 bedrooms, 2 of these with balcony, and 1 family bathroom with access to the penthouse where there is a terrace with annexes that have been transformed into more rooms.In need of some aesthetic changes, however the property is ready to live with all the necessary basic conditions.Privileged location, villa inserted in quiet street close to various amenities and services and only 200m from the award-winning blue flag beach with extensive sand in the Eastern Algarve. About 5km to Vila Real de Santo António, a border town with Spain where you will find everything at your disposal.For more information, please contact us.
6 Bedroom House located on the 2nd line of Monte Gordo Beach.Property composed of 3 floors: Ground Floor, 1st Floor and attic.The lower floor of the villa has an entrance hall, living room, service bathroom, dining room, kitchen and patio.On the 1st floor you will find 4 bedrooms, 2 of these with balcony, and 1 family bathroom with access to the penthouse where there is a terrace with annexes that have been transformed into more rooms.In need of some aesthetic changes, however the property is ready to live with all the necessary basic conditions.Privileged location, villa inserted in quiet street close to various amenities and services and only 200m from the award-winning blue flag beach with extensive sand in the Eastern Algarve. About 5km to Vila Real de Santo António, a border town with Spain where you will find everything at your disposal.For more information, please contact us.
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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 €340,000 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 |
|---|---|---|---|
| €340,000 | £281,625 | £292,213 | £10,588 |
| Property Price € | €340,000 |
| Minimum cost in the last six months | £281,625 |
| Maximum cost in the last six months | £292,213 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,588 |
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 €340,000 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 |
|---|---|---|---|
| €340,000 | £281,625 | £292,213 | £10,588 |
| Property Price € | €340,000 |
| Minimum cost in the last six months | £281,625 |
| Maximum cost in the last six months | £292,213 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,588 |
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 £10,588 more.
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