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Spacious 5 bedrooms, 5 bathrooms property with countryside views in Sao Bras de Alportel
São Brás de Alportel, Faro, Portugal, 8500-029
REF: 913322
€610,000
Description
This property is situated in a nice countryside location between Loule and Sao Bras benefiting from the amenities of both towns close by. The ground floor comprises a large open plan kitchen,dining,lounge with wood burning stove, air conditioning, two en-suite bedrooms, a guest bathroom and a spacious conservatory with lovely open views over the surrounding countryside. The first floor consists of a three bedroom apartment, each bedroom with its own terrace, two bathrooms and again a nice open plan kitchen,living area. Both floors have separate entrances as well as an inside staircase, making this house ideal for a large family or great rental potential. The house sits on a generous plot of 3.400m2 with a pool, bbq area, terraces and a carport for two cars. As well as mains water there is a bore hole, water storage tank, and an automatic irrigation system. The garden is fully fenced with electric gates.
This property is situated in a nice countryside location between Loule and Sao Bras benefiting from the amenities of both towns close by. The ground floor comprises a large open plan kitchen,dining,lounge with wood burning stove, air conditioning, two en-suite bedrooms, a guest bathroom and a spacious conservatory with lovely open views over the surrounding countryside. The first floor consists of a three bedroom apartment, each bedroom with its own terrace, two bathrooms and again a nice open plan kitchen,living area. Both floors have separate entrances as well as an inside staircase, making this house ideal for a large family or great rental potential. The house sits on a generous plot of 3.400m2 with a pool, bbq area, terraces and a carport for two cars. As well as mains water there is a bore hole, water storage tank, and an automatic irrigation system. The garden is fully fenced with electric gates.
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Currency Exchange
São Brás de Alportel, Faro, Portugal, 8500-029
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 €610,000 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 |
|---|---|---|---|
| €610,000 | £505,269 | £524,265 | £18,995 |
| Property Price € | €610,000 |
| Minimum cost in the last six months | £505,269 |
| Maximum cost in the last six months | £524,265 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,995 |
São Brás de Alportel, Faro, Portugal, 8500-029
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 €610,000 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 |
|---|---|---|---|
| €610,000 | £505,269 | £524,265 | £18,995 |
| Property Price € | €610,000 |
| Minimum cost in the last six months | £505,269 |
| Maximum cost in the last six months | £524,265 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,995 |
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 £18,995 more.
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