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Coastal Retreat with Panoramic Sea Views and Income Potential
Castro Marim, Faro, Portugal, 8950-413
REF: 900847
€430,000
Description
Welcome to Your Ideal Home in Casas da Alcaria! Discover a semi-detached house in the peaceful neighbourhood of Casas da Alcaria, just five minutes from Altura. This home offers the perfect combination of calm living and easy access to essential services. Main Features This well-maintained home includes three spacious bedrooms and three bathrooms, offering plenty of room for family or guests. Its elevated position provides stunning sea views from the expansive balconies, creating a relaxing outdoor space. The private yard is designed for easy upkeep, making it perfect for both quiet moments and entertaining. There s also space to add a swimming pool if desired. A unique feature is the converted garage, now a fully independent studio apartment ideal for guests or as a rental opportunity. This property provides a balance of tranquility, modern comfort, and potential for investment. This property has been carefully staged with furniture, allowing you to fully envision its potential and the lifestyle it can offer. Property Highlights * Type: Semi-detached house * Location: Casas da Alcaria, Altura, between Tavira and Vila Real de Santo António * Neighborhood: Quiet residential area, five minutes from Altura s amenities. Elevated for panoramic sea views and extra privacy. * Bedrooms: 3 spacious bedrooms * Bathrooms: 3 modern bathrooms * Upgrades: Immaculately kept, low-maintenance yard, with room to add a pool * Bonus Feature: Garage converted into a studio apartment ideal for guests or rental income * Additional Features: Air conditioning in bedrooms and studio, sea views from every balcony Whether you re looking for a family home or an investment opportunity, this property offers a fantastic blend of comfort and potential. Don t miss out on this gem in a quiet, cosmopolitan community just minutes from the sea.
Welcome to Your Ideal Home in Casas da Alcaria! Discover a semi-detached house in the peaceful neighbourhood of Casas da Alcaria, just five minutes from Altura. This home offers the perfect combination of calm living and easy access to essential services. Main Features This well-maintained home includes three spacious bedrooms and three bathrooms, offering plenty of room for family or guests. Its elevated position provides stunning sea views from the expansive balconies, creating a relaxing outdoor space. The private yard is designed for easy upkeep, making it perfect for both quiet moments and entertaining. There s also space to add a swimming pool if desired. A unique feature is the converted garage, now a fully independent studio apartment ideal for guests or as a rental opportunity. This property provides a balance of tranquility, modern comfort, and potential for investment. This property has been carefully staged with furniture, allowing you to fully envision its potential and the lifestyle it can offer. Property Highlights * Type: Semi-detached house * Location: Casas da Alcaria, Altura, between Tavira and Vila Real de Santo António * Neighborhood: Quiet residential area, five minutes from Altura s amenities. Elevated for panoramic sea views and extra privacy. * Bedrooms: 3 spacious bedrooms * Bathrooms: 3 modern bathrooms * Upgrades: Immaculately kept, low-maintenance yard, with room to add a pool * Bonus Feature: Garage converted into a studio apartment ideal for guests or rental income * Additional Features: Air conditioning in bedrooms and studio, sea views from every balcony Whether you re looking for a family home or an investment opportunity, this property offers a fantastic blend of comfort and potential. Don t miss out on this gem in a quiet, cosmopolitan community just minutes from the sea.
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Currency Exchange
Castro Marim, Faro, Portugal, 8950-413
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 €430,000 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 |
|---|---|---|---|
| €430,000 | £354,277 | £369,564 | £15,287 |
| Property Price € | €430,000 |
| Minimum cost in the last six months | £354,277 |
| Maximum cost in the last six months | £369,564 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,287 |
Castro Marim, Faro, Portugal, 8950-413
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 €430,000 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 |
|---|---|---|---|
| €430,000 | £354,277 | £369,564 | £15,287 |
| Property Price € | €430,000 |
| Minimum cost in the last six months | £354,277 |
| Maximum cost in the last six months | £369,564 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,287 |
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 £15,287 more.
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