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Charming Villa with Modern Upgrades and Panoramic Views in the Heart of Algarve
Faro, Faro, Portugal, 8005-405
REF: 913452
€550,000
Description
Discover the ease of living just a short stroll away from local shops, services, dining spots, and the famous Palácio de Estoi hotel. This property is ideally situated for a serene holiday escape or a year-round residence in the heart of the authentic Algarve. The villa has been meticulously renovated with high-quality materials, blending modern conveniences with its original charm. The façade features bold red windows and a matching door, maintaining its historical allure.
Upon entry, you'll be welcomed by a striking entrance hall adorned with original azulejos tiles and decorative wall beading. You'll find a bedroom with an en suite bathroom on this floor, providing both comfort and seclusion.
The thoughtfully designed living area includes a fully equipped kitchen with modern appliances and stylish wooden cabinetry. Three arches lead from the kitchen to a cosy lounge area that opens up to a delightful patio through French doors. The patio, which spans two levels, boasts a small pool on the upper level for refreshing dips on warm days. In contrast, the lower level offers a serene retreat with lush greenery, perfect for alfresco dining or relaxing beneath the shade of a mature fig tree. The patio also provides access to an additional bedroom or office space with a nearby bathroom, connected seamlessly to the lounge.
On the top floor, you'll find a spacious master suite featuring a shower room with sea views, a long walk-in closet, and access to a large terrace. This terrace includes an integrated summer kitchen and panoramic views extending to the sea and Faro Island. An extra rooftop terrace offers even more breathtaking views over the village rooftops.
The villa has air conditioning, new electrical and plumbing systems, and updated kitchens and bathrooms. With dual-coloured windows (blue on the inside, red on the outside), a combination of wooden floors, terracotta, and original tiling, this home seamlessly combines traditional Algarvian architecture with contemporary luxury. This property offers a residence and a way of life in one of the Algarve's most picturesque villages.
Discover the ease of living just a short stroll away from local shops, services, dining spots, and the famous Palácio de Estoi hotel. This property is ideally situated for a serene holiday escape or a year-round residence in the heart of the authentic Algarve. The villa has been meticulously renovated with high-quality materials, blending modern conveniences with its original charm. The façade features bold red windows and a matching door, maintaining its historical allure.
Upon entry, you'll be welcomed by a striking entrance hall adorned with original azulejos tiles and decorative wall beading. You'll find a bedroom with an en suite bathroom on this floor, providing both comfort and seclusion.
The thoughtfully designed living area includes a fully equipped kitchen with modern appliances and stylish wooden cabinetry. Three arches lead from the kitchen to a cosy lounge area that opens up to a delightful patio through French doors. The patio, which spans two levels, boasts a small pool on the upper level for refreshing dips on warm days. In contrast, the lower level offers a serene retreat with lush greenery, perfect for alfresco dining or relaxing beneath the shade of a mature fig tree. The patio also provides access to an additional bedroom or office space with a nearby bathroom, connected seamlessly to the lounge.
On the top floor, you'll find a spacious master suite featuring a shower room with sea views, a long walk-in closet, and access to a large terrace. This terrace includes an integrated summer kitchen and panoramic views extending to the sea and Faro Island. An extra rooftop terrace offers even more breathtaking views over the village rooftops.
The villa has air conditioning, new electrical and plumbing systems, and updated kitchens and bathrooms. With dual-coloured windows (blue on the inside, red on the outside), a combination of wooden floors, terracotta, and original tiling, this home seamlessly combines traditional Algarvian architecture with contemporary luxury. This property offers a residence and a way of life in one of the Algarve's most picturesque villages.
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Currency Exchange
Faro, Faro, Portugal, 8005-405
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 €550,000 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 |
|---|---|---|---|
| €550,000 | £455,571 | £472,698 | £17,127 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £455,571 |
| Maximum cost in the last six months | £472,698 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,127 |
Faro, Faro, Portugal, 8005-405
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 €550,000 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 |
|---|---|---|---|
| €550,000 | £455,571 | £472,698 | £17,127 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £455,571 |
| Maximum cost in the last six months | £472,698 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,127 |
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 £17,127 more.
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