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Stunning 2-Bedroom Home with a 2-Bedroom Annex in the Exclusive Goldra Area
Faro, Faro, Portugal, 8005-487
REF: 913381
€1,150,000
Description
This delightful property is accessed via an electric gate to a courtyard with a carport for several cars. The property is currently configured as an L shape with a Main Villa and an annex that connects to the main villa and could easily be re-aligned as a single-family home.
The Main Villa entrance leads to an open-plan kitchen & dining area with a pellet burner. The adjacent family/TV Room has doors leading to an extensive outdoor terrace with shaded dining. This terrace overlooks the 8m x 4m Rustic Pool with a feature waterfall. Inside there are two bedrooms, one en-suite, and a family bathroom, all with underfloor heating. Downstairs is a huge Great Room with a lounge area, bar, and projection TV space. There is also a Gym, utility area, and technical room with controls for solar, irrigation & borehole.
The Annex also has two bedrooms with a bathroom & kitchen plus direct outside access to a private area and the pool.
Extensive landscaped gardens & orchards with mostly fruit trees.
Additionally, the property boasts a sizable separate olive grove, fully fenced, currently utilized as an outdoor games area.
The location of this property is a peaceful private plot with minimal traffic and extensive Country Views, ideal for enjoying the Algarve and less than 20 minutes away from Faro Airport and 15 minutes from the Coastal attractions of the Golden Triangle.
This property is presented by Quintas and Casas, voted the best boutique real estate agency in Portugal in 2024.
This delightful property is accessed via an electric gate to a courtyard with a carport for several cars. The property is currently configured as an L shape with a Main Villa and an annex that connects to the main villa and could easily be re-aligned as a single-family home.
The Main Villa entrance leads to an open-plan kitchen & dining area with a pellet burner. The adjacent family/TV Room has doors leading to an extensive outdoor terrace with shaded dining. This terrace overlooks the 8m x 4m Rustic Pool with a feature waterfall. Inside there are two bedrooms, one en-suite, and a family bathroom, all with underfloor heating. Downstairs is a huge Great Room with a lounge area, bar, and projection TV space. There is also a Gym, utility area, and technical room with controls for solar, irrigation & borehole.
The Annex also has two bedrooms with a bathroom & kitchen plus direct outside access to a private area and the pool.
Extensive landscaped gardens & orchards with mostly fruit trees.
Additionally, the property boasts a sizable separate olive grove, fully fenced, currently utilized as an outdoor games area.
The location of this property is a peaceful private plot with minimal traffic and extensive Country Views, ideal for enjoying the Algarve and less than 20 minutes away from Faro Airport and 15 minutes from the Coastal attractions of the Golden Triangle.
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, 8005-487
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 €1,150,000 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 |
|---|---|---|---|
| €1,150,000 | £952,557 | £988,368 | £35,811 |
| Property Price € | €1,150,000 |
| Minimum cost in the last six months | £952,557 |
| Maximum cost in the last six months | £988,368 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £35,811 |
Faro, Faro, Portugal, 8005-487
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 €1,150,000 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 |
|---|---|---|---|
| €1,150,000 | £952,557 | £988,368 | £35,811 |
| Property Price € | €1,150,000 |
| Minimum cost in the last six months | £952,557 |
| Maximum cost in the last six months | £988,368 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £35,811 |
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 £35,811 more.
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