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Tavira - Assêca - Algarve Spectacular property in the middle of 59 hectares of orange and carob trees, currently used as a holiday home
Tavira, Faro, Portugal
REF: 902034
€4,300,000
Description
Tavira - Assêca - Algarve Spectacular property in the middle of 59 hectares of orange and carob trees, currently used as a holiday home. With 3 houses: The main house has on the ground floor a living room, bathroom and bedroom; on the 1st floor there are 2 bedrooms, a small living room, dining room, kitchen and a terrace with stunning views over the countryside. The house on the left is a T2 and the house to the right of the main house is a T3. There are 2 ponds near the house (one of which is currently used as a swimming pool). Behind the house there are 2 warehouses. Property to be remodelled for investment as rural tourism or a beautiful villa in the middle of nature. Extremely quiet area, 10 minutes from Tavira, 5 minutes from the motorway, good access, with water from the dam, boreholes and electricity. Great investment for nature lovers, but close to the city. Lots of potential to turn the houses into a rural hotel, your dream villa or farm with nature experiences (picking oranges/alfalfa trees, horse riding, tractor/motorbike rides, etc). #ref: 129309
Tavira - Assêca - Algarve Spectacular property in the middle of 59 hectares of orange and carob trees, currently used as a holiday home. With 3 houses: The main house has on the ground floor a living room, bathroom and bedroom; on the 1st floor there are 2 bedrooms, a small living room, dining room, kitchen and a terrace with stunning views over the countryside. The house on the left is a T2 and the house to the right of the main house is a T3. There are 2 ponds near the house (one of which is currently used as a swimming pool). Behind the house there are 2 warehouses. Property to be remodelled for investment as rural tourism or a beautiful villa in the middle of nature. Extremely quiet area, 10 minutes from Tavira, 5 minutes from the motorway, good access, with water from the dam, boreholes and electricity. Great investment for nature lovers, but close to the city. Lots of potential to turn the houses into a rural hotel, your dream villa or farm with nature experiences (picking oranges/alfalfa trees, horse riding, tractor/motorbike rides, etc). #ref: 129309
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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 €4,300,000 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 |
|---|---|---|---|
| €4,300,000 | £3,561,733 | £3,695,635 | £133,902 |
| Property Price € | €4,300,000 |
| Minimum cost in the last six months | £3,561,733 |
| Maximum cost in the last six months | £3,695,635 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £133,902 |
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 €4,300,000 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 |
|---|---|---|---|
| €4,300,000 | £3,561,733 | £3,695,635 | £133,902 |
| Property Price € | €4,300,000 |
| Minimum cost in the last six months | £3,561,733 |
| Maximum cost in the last six months | £3,695,635 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £133,902 |
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 £133,902 more.
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