Delightful and private 4 bedrooms, 5 bathrooms detached house, for sale, with sea views between Santa Bárbara de Nexe and Estoi

Faro, Faro, Portugal, 8005-502

For Sale

€1,200,000

REF: 913346 €1,200,000


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Description

Located within a walled & hedged plot of just under 2,000 sq.m. this classically beautiful 4 bedrooms, 5 bathrooms villa, for sale, was built in 1994 and has been extensively renovated and updated. Entry is via electric wrought iron gates and a calçada driveway where there is a detached garage. Internally on the ground floor, there is an entrance hall, guest cloakroom/toilet, master bedroom with dressing area and ensuite bathroom with Jacuzzi, an ensuite guest bedroom, kitchen with door to the covered terrace, dining room also with door to covered terrace & BBQ area, large lounge with fireplace, TV room/snug, office. In the centre of the ground floor is an Internal Garden/atrium, two storeys high with a Domed Skylight giving wonderful natural light. On the first floor, there are two guest bedroom suites and a large terrace with a seating area. This property features air conditioning, gas central heating, double-glazed aluminium windows with shutters, and a security system. There is a large saltwater pool with a heat pump in extensively landscaped and irrigated gardens. This property is presented by Quintas and Casas, voted the best boutique real estate agency in Portugal in 2024.
Located within a walled & hedged plot of just under 2,000 sq.m. this classically beautiful 4 bedrooms, 5 bathrooms villa, for sale, was built in 1994 and has been extensively renovated and updated. Entry is via electric wrought iron gates and a calçada driveway where there is a detached garage. Internally on the ground floor, there is an entrance hall, guest cloakroom/toilet, master bedroom with dressing area and ensuite bathroom with Jacuzzi, an ensuite guest bedroom, kitchen with door to the covered terrace, dining room also with door to covered terrace & BBQ area, large lounge with fireplace, TV room/snug, office. In the centre of the ground floor is an Internal Garden/atrium, two storeys high with a Domed Skylight giving wonderful natural light. On the first floor, there are two guest bedroom suites and a large terrace with a seating area. This property features air conditioning, gas central heating, double-glazed aluminium windows with shutters, and a security system. There is a large saltwater pool with a heat pump in extensively landscaped and irrigated gardens. This property is presented by Quintas and Casas, voted the best boutique real estate agency in Portugal in 2024.
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Currency Exchange

Faro, Faro, Portugal, 8005-502

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 €1,200,000 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
€1,200,000 £993,972 £1,031,340 £37,368
Property Price € €1,200,000
Minimum cost in the last six months £993,972
Maximum cost in the last six months £1,031,340
Fluctuating exchange rates over the last six months could have increased the cost of this property by £37,368

Faro, Faro, Portugal, 8005-502

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 €1,200,000 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
€1,200,000 £993,972 £1,031,340 £37,368
Property Price € €1,200,000
Minimum cost in the last six months £993,972
Maximum cost in the last six months £1,031,340
Fluctuating exchange rates over the last six months could have increased the cost of this property by £37,368

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 £37,368 more.

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