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Excellent mixed terrain located in a quiet environment where the sounds of nature and landscapes open to the countryside predominate
Pechão, Faro, Portugal
REF: 908307
€590,000
Description
Excellent mixed terrain located in a quiet environment where the sounds of nature and landscapes open to the countryside predominate. Accessed by a paved road, it consists of a single-storey house with 2 bedrooms, living room, dining room and 1 bathroom, as well as a generous patio, garage and a small warehouse. On the terrace of the house we have a panoramic sea view. This single storey home can be refurbished to create your dream home with stunning views and privacy. The property already has part of the necessary services, such as electricity, borehole and water deposit. The land is flat and receives sun throughout the day and has a citrus grove with irrigation established through a water pump and other trees, which is ideal for creating a private property in harmony with nature. The property is located about 1 km from Olhão and 11 km from Faro Airport, making it an ideal option for those who want to live in a quiet and rural area, but still have easy access to the amenities and services of nearby cities. Established in Portugal over 20 years ago, Casas do Sotavento is a prestigious family business that stands out for the high quality standards of its products, projects and services. Recognized both in Portugal and abroad, the company's mission is to provide an 'uncomplicated' and peaceful experience to its customers, employees, partners and investors. Casas do Sotavento's commitment is to treat everyone with the same respect and attention that it likes to receive. This philosophy is reflected in all stages of the processes and the commercial relationship, from the choice of the property to the final delivery, with a focus on transparency, rigor and suitability in all interactions. If you are looking for a reliable and experienced company to help you find the property or investment that meets your expectations, Casas do Sotavento is your trusted partner. Contact us to learn more about our products and services or visit our website (url hidden)
Excellent mixed terrain located in a quiet environment where the sounds of nature and landscapes open to the countryside predominate. Accessed by a paved road, it consists of a single-storey house with 2 bedrooms, living room, dining room and 1 bathroom, as well as a generous patio, garage and a small warehouse. On the terrace of the house we have a panoramic sea view. This single storey home can be refurbished to create your dream home with stunning views and privacy. The property already has part of the necessary services, such as electricity, borehole and water deposit. The land is flat and receives sun throughout the day and has a citrus grove with irrigation established through a water pump and other trees, which is ideal for creating a private property in harmony with nature. The property is located about 1 km from Olhão and 11 km from Faro Airport, making it an ideal option for those who want to live in a quiet and rural area, but still have easy access to the amenities and services of nearby cities. Established in Portugal over 20 years ago, Casas do Sotavento is a prestigious family business that stands out for the high quality standards of its products, projects and services. Recognized both in Portugal and abroad, the company's mission is to provide an 'uncomplicated' and peaceful experience to its customers, employees, partners and investors. Casas do Sotavento's commitment is to treat everyone with the same respect and attention that it likes to receive. This philosophy is reflected in all stages of the processes and the commercial relationship, from the choice of the property to the final delivery, with a focus on transparency, rigor and suitability in all interactions. If you are looking for a reliable and experienced company to help you find the property or investment that meets your expectations, Casas do Sotavento is your trusted partner. Contact us to learn more about our products and services or visit our website (url hidden)
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Currency Exchange
Pechão, 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 €590,000 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 |
|---|---|---|---|
| €590,000 | £488,703 | £507,076 | £18,373 |
| Property Price € | €590,000 |
| Minimum cost in the last six months | £488,703 |
| Maximum cost in the last six months | £507,076 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,373 |
Pechão, 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 €590,000 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 |
|---|---|---|---|
| €590,000 | £488,703 | £507,076 | £18,373 |
| Property Price € | €590,000 |
| Minimum cost in the last six months | £488,703 |
| Maximum cost in the last six months | £507,076 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,373 |
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 £18,373 more.
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