Excellent house in the countryside between Faro and Santa Bárbara de Nexe, situated in a tranquil yet very central area

Faro, Faro, Portugal, 8005-502

For Sale

€655,000

REF: 913406 €655,000


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Description

This splendid villa is nestled in the serene countryside between Faro and Santa Barbara de Nexe, offering a tranquil yet remarkably central location. This lovely home boasts a welcoming foyer, an expansive living area, a well-appointed kitchen with a delightful dining space and convenient laundry facilities, a guest powder room, and a luxurious en-suite bedroom on the ground floor.

Ascend to the first floor to discover two additional bedrooms, a versatile office space, and a refined bathroom. Bathed in natural light, every room is adorned with charming terraces, inviting the outdoors in. Outside, the property features a spacious yard with an extensive terrace, perfect for embracing the delightful climate. Set on flat terrain spanning over 5000m2, the grounds include an irrigation tank and a variety of fruit trees, complemented by an annex for added convenience. Offering both mains water and a borehole, this property presents an exceptional opportunity with boundless potential. This property is presented by Quintas and Casas, voted the best boutique real estate agency in Portugal in 2024.
This splendid villa is nestled in the serene countryside between Faro and Santa Barbara de Nexe, offering a tranquil yet remarkably central location. This lovely home boasts a welcoming foyer, an expansive living area, a well-appointed kitchen with a delightful dining space and convenient laundry facilities, a guest powder room, and a luxurious en-suite bedroom on the ground floor.

Ascend to the first floor to discover two additional bedrooms, a versatile office space, and a refined bathroom. Bathed in natural light, every room is adorned with charming terraces, inviting the outdoors in. Outside, the property features a spacious yard with an extensive terrace, perfect for embracing the delightful climate. Set on flat terrain spanning over 5000m2, the grounds include an irrigation tank and a variety of fruit trees, complemented by an annex for added convenience. Offering both mains water and a borehole, this property presents an exceptional opportunity with boundless potential. This property is presented by Quintas and Casas, voted the best boutique real estate agency in Portugal in 2024.
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Property on Map

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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 €655,000 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
€655,000 £539,655 £562,940 £23,285
Property Price € €655,000
Minimum cost in the last six months £539,655
Maximum cost in the last six months £562,940
Fluctuating exchange rates over the last six months could have increased the cost of this property by £23,285

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 €655,000 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
€655,000 £539,655 £562,940 £23,285
Property Price € €655,000
Minimum cost in the last six months £539,655
Maximum cost in the last six months £562,940
Fluctuating exchange rates over the last six months could have increased the cost of this property by £23,285

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 £23,285 more.

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