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Semi-detached house comprising ground floor with patio and barbecue and 1st and 2nd floors This villa is located in Manta Rota
Vila Nova de Cacela, Faro, Portugal
REF: 903849
€450,000
Description
Semi-detached house comprising ground floor with patio and barbecue and 1st and 2nd floors This villa is located in Manta Rota. The ground floor has a bedroom/garage, open-plan kitchen and living room, 1 service bathroom and a patio with shower and barbecue. 1st floor has 2 bedrooms, 1 bathroom and 2 small terraces. 2nd Floor - Attic - Contains 2 storage spaces (or bedrooms), 1 bathroom and 1 terrace. Manta Rota belongs to the parish of Vila Nova de Cacela and the municipality of Vila Real de Santo António and is, in recent years, one of the most popular beach destinations in the Algarve, while retaining its traditional design and originality. Whether as a main residence or for renting out, this villa will suit those who want proximity to the beach and the peacefulness of this location. Book your visit now!
Semi-detached house comprising ground floor with patio and barbecue and 1st and 2nd floors This villa is located in Manta Rota. The ground floor has a bedroom/garage, open-plan kitchen and living room, 1 service bathroom and a patio with shower and barbecue. 1st floor has 2 bedrooms, 1 bathroom and 2 small terraces. 2nd Floor - Attic - Contains 2 storage spaces (or bedrooms), 1 bathroom and 1 terrace. Manta Rota belongs to the parish of Vila Nova de Cacela and the municipality of Vila Real de Santo António and is, in recent years, one of the most popular beach destinations in the Algarve, while retaining its traditional design and originality. Whether as a main residence or for renting out, this villa will suit those who want proximity to the beach and the peacefulness of this location. Book your visit now!
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Currency Exchange
Vila Nova de Cacela, 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 €450,000 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 |
|---|---|---|---|
| €450,000 | £372,740 | £386,991 | £14,252 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £372,740 |
| Maximum cost in the last six months | £386,991 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,252 |
Vila Nova de Cacela, 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 €450,000 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 |
|---|---|---|---|
| €450,000 | £372,740 | £386,991 | £14,252 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £372,740 |
| Maximum cost in the last six months | £386,991 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,252 |
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 £14,252 more.
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