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Old villa with approved project for 4-bedr
São Brás de Alportel, Faro, Portugal, 8150-030
REF: 913423
€215,000
Description
Located in an elevated position with spectacular views of the surrounding countryside just above the bustling town of Sao Bras de Alportel, this spacious property offers the possibility of a full refurbishment or to build a fantastic new house on the plot with an already approved project.
The property is situated down a tarmac country lane which comes to a dead end shortly after and with the countryside all around you. Presently the building divided into 3 sections offers the following: 3 rooms in the first area.
A hallway, an area with the traditional fireplace, three rooms and internal access to the garage in the middle area. A further room in the 3rd area. There is also on outhouse and cisterna. There is an opportunity to turn the whole building into a very comfortable home.
Alternatively there is an approved project in place that would allow the buyer to build a new home with an implantation area of 214.30 m2 that includes on the ground floor a spacious living-dining room, open-plan kitchen, pantry and laundry room, guest toilet, 3 bedrooms with wardrobes and private access to 2 of the bedrooms. There's also a 25m2 garage.
Up the stairs you'll find the master suite with almost 32m2 and a terrace.
There is also the possibility of changing the existing project and opting for the first option, which included a swimming pool.
Don't waste time and come and see this opportunity to build your dream!
This property is presented by Quintas and Casas, voted the best boutique real estate agency in Portugal in 2024.
Located in an elevated position with spectacular views of the surrounding countryside just above the bustling town of Sao Bras de Alportel, this spacious property offers the possibility of a full refurbishment or to build a fantastic new house on the plot with an already approved project.
The property is situated down a tarmac country lane which comes to a dead end shortly after and with the countryside all around you. Presently the building divided into 3 sections offers the following: 3 rooms in the first area.
A hallway, an area with the traditional fireplace, three rooms and internal access to the garage in the middle area. A further room in the 3rd area. There is also on outhouse and cisterna. There is an opportunity to turn the whole building into a very comfortable home.
Alternatively there is an approved project in place that would allow the buyer to build a new home with an implantation area of 214.30 m2 that includes on the ground floor a spacious living-dining room, open-plan kitchen, pantry and laundry room, guest toilet, 3 bedrooms with wardrobes and private access to 2 of the bedrooms. There's also a 25m2 garage.
Up the stairs you'll find the master suite with almost 32m2 and a terrace.
There is also the possibility of changing the existing project and opting for the first option, which included a swimming pool.
Don't waste time and come and see this opportunity to build your dream!
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
Currency Exchange
São Brás de Alportel, Faro, Portugal, 8150-030
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 €215,000 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 |
|---|---|---|---|
| €215,000 | £177,139 | £184,782 | £7,643 |
| Property Price € | €215,000 |
| Minimum cost in the last six months | £177,139 |
| Maximum cost in the last six months | £184,782 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,643 |
São Brás de Alportel, Faro, Portugal, 8150-030
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 €215,000 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 |
|---|---|---|---|
| €215,000 | £177,139 | £184,782 | £7,643 |
| Property Price € | €215,000 |
| Minimum cost in the last six months | £177,139 |
| Maximum cost in the last six months | £184,782 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,643 |
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 £7,643 more.
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