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Discover Quinta Do Cerro: An Exquisite Estate Nestled Among the Hills of Santa Bárbara De Nexe
Faro, Faro, Portugal, -
REF: 913377
€2,950,000
Description
On a plot of 53000m , this estate is composed of 2 separate houses making it perfect for a large family.
The main house boasts 3-bedroom suites, with an open plan layout of the living areas of a dining room, living room, and a practical kitchen, fully equipped with Siemens appliances. There is a covered outdoor area perfect for entertaining throughout the year, equipped with a kitchenette and BBQ. Outside there is a swimming pool surrounded by a landscaped garden, and impressive countryside and sea-views. This home also has a garage for up to 4 cars with direct access into the main house. The 2nd house, just next door offers you a similar layout, with 2-bedrooms, a fully equipped kitchen, a laundry room, and an open plan living and dining room, which extends out onto a terrace overlooking its swimming pool and ravishing views. With its garage for up to 2 cars and direct access into the home. This is a unique opportunity to acquire an estate with two beautiful traditional villas, perfectly located just 16 minutes drive to the centre of Loule and all its local amenities.
This property is presented by Quintas and Casas, voted the best boutique real estate agency in Portugal in 2024.
On a plot of 53000m , this estate is composed of 2 separate houses making it perfect for a large family.
The main house boasts 3-bedroom suites, with an open plan layout of the living areas of a dining room, living room, and a practical kitchen, fully equipped with Siemens appliances. There is a covered outdoor area perfect for entertaining throughout the year, equipped with a kitchenette and BBQ. Outside there is a swimming pool surrounded by a landscaped garden, and impressive countryside and sea-views. This home also has a garage for up to 4 cars with direct access into the main house. The 2nd house, just next door offers you a similar layout, with 2-bedrooms, a fully equipped kitchen, a laundry room, and an open plan living and dining room, which extends out onto a terrace overlooking its swimming pool and ravishing views. With its garage for up to 2 cars and direct access into the home. This is a unique opportunity to acquire an estate with two beautiful traditional villas, perfectly located just 16 minutes drive to the centre of Loule and all its local amenities.
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, -
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 €2,950,000 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 |
|---|---|---|---|
| €2,950,000 | £2,430,505 | £2,535,378 | £104,873 |
| Property Price € | €2,950,000 |
| Minimum cost in the last six months | £2,430,505 |
| Maximum cost in the last six months | £2,535,378 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £104,873 |
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 €2,950,000 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 |
|---|---|---|---|
| €2,950,000 | £2,430,505 | £2,535,378 | £104,873 |
| Property Price € | €2,950,000 |
| Minimum cost in the last six months | £2,430,505 |
| Maximum cost in the last six months | £2,535,378 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £104,873 |
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 £104,873 more.
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