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We present a charming, typical Algarve villa, completely renovated, that combines traditional authenticity with modern comfort
Faro, Faro, Portugal
REF: 906614
€420,000
Description
We present a charming, typical Algarve villa, completely renovated, that combines traditional authenticity with modern comfort. This single-story home offers two cozy bedrooms and a spacious suite, providing privacy and convenience for family or guests. The large living room is ideal for convivial moments, with direct access to the terrace, which provides relaxing views of the property and the surrounding area. With a total of two modern and well-equipped bathrooms, this house is ready to meet everyday needs with practicality. The traditional kitchen has been complemented by a rustic-style oven, perfect for regionally inspired kitchens, and there is a separate laundry room for added functionality. The 9,720 m² plot, flat and carefully maintained, is one of the highlights of this property, offering a peaceful environment with several fruit trees, which contribute to an outdoor lifestyle close to nature. This external space provides countless possibilities for use, whether for cultivation, leisure or even expansion of living areas. This villa is ideal for those looking for a residence that combines the charm of the Algarve with the comfort of an updated home, in a location that offers peace and proximity to nature. #ref: 130299
We present a charming, typical Algarve villa, completely renovated, that combines traditional authenticity with modern comfort. This single-story home offers two cozy bedrooms and a spacious suite, providing privacy and convenience for family or guests. The large living room is ideal for convivial moments, with direct access to the terrace, which provides relaxing views of the property and the surrounding area. With a total of two modern and well-equipped bathrooms, this house is ready to meet everyday needs with practicality. The traditional kitchen has been complemented by a rustic-style oven, perfect for regionally inspired kitchens, and there is a separate laundry room for added functionality. The 9,720 m² plot, flat and carefully maintained, is one of the highlights of this property, offering a peaceful environment with several fruit trees, which contribute to an outdoor lifestyle close to nature. This external space provides countless possibilities for use, whether for cultivation, leisure or even expansion of living areas. This villa is ideal for those looking for a residence that combines the charm of the Algarve with the comfort of an updated home, in a location that offers peace and proximity to nature. #ref: 130299
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Currency Exchange
Faro, 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 €420,000 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 |
|---|---|---|---|
| €420,000 | £347,890 | £360,969 | £13,079 |
| Property Price € | €420,000 |
| Minimum cost in the last six months | £347,890 |
| Maximum cost in the last six months | £360,969 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,079 |
Faro, 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 €420,000 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 |
|---|---|---|---|
| €420,000 | £347,890 | £360,969 | £13,079 |
| Property Price € | €420,000 |
| Minimum cost in the last six months | £347,890 |
| Maximum cost in the last six months | £360,969 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,079 |
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 £13,079 more.
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