Five bedroom villa next to the airport and Faro Beach, Algarve

Faro, Faro, Portugal, 800-072

For Sale

€610,000

REF: 900077 €610,000


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Description

Five bedroom villa close to the airport and Faro Beach. Huge rental potential. Double garage. Possibility of building a swimming pool. Five bedroom villa close to the airport and Faro Beach. Close to all amenities, restaurants, supermarket,... 817 sq.m. plot with 262 sq.m. of built area. The property consists on the ground floor of a large living room, a dining room, a kitchen with dining area, two bedrooms and a bathroom.

While on the first floor we find three more bedrooms, one of which is en-suite and another complete bathroom. Large terraces with good sun exposure. We also find an annex with a kitchen, bedroom/living room and one bathroom. The house has a closed garage for two cars and external parking for several cars. Excellent investment opportunity. Schedule your visit!!! AlgarveProperty.com - AMI: 2196 - T.: 00351 289310310
Five bedroom villa close to the airport and Faro Beach. Huge rental potential. Double garage. Possibility of building a swimming pool. Five bedroom villa close to the airport and Faro Beach. Close to all amenities, restaurants, supermarket,... 817 sq.m. plot with 262 sq.m. of built area. The property consists on the ground floor of a large living room, a dining room, a kitchen with dining area, two bedrooms and a bathroom.

While on the first floor we find three more bedrooms, one of which is en-suite and another complete bathroom. Large terraces with good sun exposure. We also find an annex with a kitchen, bedroom/living room and one bathroom. The house has a closed garage for two cars and external parking for several cars. Excellent investment opportunity. Schedule your visit!!! AlgarveProperty.com - AMI: 2196 - T.: 00351 289310310
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Property on Map

#V248273P

Currency Exchange

Faro, Faro, Portugal, 800-072

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 €610,000 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
€610,000 £505,269 £524,265 £18,995
Property Price € €610,000
Minimum cost in the last six months £505,269
Maximum cost in the last six months £524,265
Fluctuating exchange rates over the last six months could have increased the cost of this property by £18,995

Faro, Faro, Portugal, 800-072

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 €610,000 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
€610,000 £505,269 £524,265 £18,995
Property Price € €610,000
Minimum cost in the last six months £505,269
Maximum cost in the last six months £524,265
Fluctuating exchange rates over the last six months could have increased the cost of this property by £18,995

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 £18,995 more.

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