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Traditional style property located near Alvor for sale, Algarve
Portimão, Portugal
REF: 907289
€940,000
Description
This cozy home, with a large parcel of land is located within an urbanization north of Alvor, with mountain views and quiet surroundings. Upon arriving to the villa, the front porch displays an enclosed sitting area overlooking the swimming pool and garden. The entrance opens onto a lounge with fireplace, with large windows to the mountain views, and a separate dining area with another fireplace for the evening family dinners, which also has a separate outdoor dining area with steps to the swimming pool below. The kitchen is fully equipped and has access to a separate laundry and outdoor terrace and an additional independent bedroom with shower. From the dining room, a few steps separate the area leading to the bedrooms. There is three bedrooms in total, one of them with a private bathroom, and the additional two with a shared shower room. The entire property has terracotta tiles and wooden beam ceiling features as well as a portuguese traditional decor, to further maintain its authenticity. The garden, well landscaped and maintained is of substantial size and offers various leasure areas, children's playground and sand games area. The property has a separate garage for one vehicle, solar panels for electricity consumption, air conditioning for cooling/heating and alarm system. The Penina golf course is within 7 minutes drive, and the Alvor beach is only 15 minutes distance and portimao marina is also within a short drive.
This cozy home, with a large parcel of land is located within an urbanization north of Alvor, with mountain views and quiet surroundings. Upon arriving to the villa, the front porch displays an enclosed sitting area overlooking the swimming pool and garden. The entrance opens onto a lounge with fireplace, with large windows to the mountain views, and a separate dining area with another fireplace for the evening family dinners, which also has a separate outdoor dining area with steps to the swimming pool below. The kitchen is fully equipped and has access to a separate laundry and outdoor terrace and an additional independent bedroom with shower. From the dining room, a few steps separate the area leading to the bedrooms. There is three bedrooms in total, one of them with a private bathroom, and the additional two with a shared shower room. The entire property has terracotta tiles and wooden beam ceiling features as well as a portuguese traditional decor, to further maintain its authenticity. The garden, well landscaped and maintained is of substantial size and offers various leasure areas, children's playground and sand games area. The property has a separate garage for one vehicle, solar panels for electricity consumption, air conditioning for cooling/heating and alarm system. The Penina golf course is within 7 minutes drive, and the Alvor beach is only 15 minutes distance and portimao marina is also within a short drive.
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Currency Exchange
Portimão, 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 €940,000 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 |
|---|---|---|---|
| €940,000 | £778,611 | £807,883 | £29,272 |
| Property Price € | €940,000 |
| Minimum cost in the last six months | £778,611 |
| Maximum cost in the last six months | £807,883 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £29,272 |
Portimão, 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 €940,000 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 |
|---|---|---|---|
| €940,000 | £778,611 | £807,883 | £29,272 |
| Property Price € | €940,000 |
| Minimum cost in the last six months | £778,611 |
| Maximum cost in the last six months | £807,883 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £29,272 |
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 £29,272 more.
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