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Spacious 3-bedroom villa situated in an elevated position in Santa Bárbara de Nexe
Faro, Faro, Portugal, 8005-532
REF: 913481
€850,000
Description
A detached single-level, 3-bedroom villa in a south-facing, elevated position with open country views. A corner plot with two separate electric entry gates.
One electric sliding gate opens onto a calçada driveway which leads to the front entrance door. An entrance hallway with double doors to the open-plan lounge with wood burner fireplace & dining area. Two sets of patio doors open onto the shaded terrace with the pool and garden beyond.
The dining area leads to a fitted kitchen with good-quality wood units, granite surfaces and top-quality appliances.
The master bedroom has an en-suite shower room with underfloor heating and patio doors to the south-facing terrace.
Bedrooms 2 and 3 share a large family bathroom and bedroom 4 (which has been converted from the garage) has an ensuite shower room and direct access from outside.
Outside there is a laundry room, several shaded seating areas, extensive terraces and low-maintenance gardens with automatic Irrigation.
The swimming pool, renovated in 2017, is 10 x 5m.
Two separate workshops/storage rooms at a garden level below the terrace.
There are 8 solar panels on the roof terrace providing electricity to the house and separate solar panels for hot water.
The second electric entrance gate leads to an extensive parking area and a double carport.
The Villa is located within walking distance of the village of Bordeira, and close to Estoi, Santa Barbara de Nexe, Loulé and Sao Bras de Alportel. Just 20 minutes drive from Faro International Airport from the Beaches of the Central Algarve.
A detached single-level, 3-bedroom villa in a south-facing, elevated position with open country views. A corner plot with two separate electric entry gates.
One electric sliding gate opens onto a calçada driveway which leads to the front entrance door. An entrance hallway with double doors to the open-plan lounge with wood burner fireplace & dining area. Two sets of patio doors open onto the shaded terrace with the pool and garden beyond.
The dining area leads to a fitted kitchen with good-quality wood units, granite surfaces and top-quality appliances.
The master bedroom has an en-suite shower room with underfloor heating and patio doors to the south-facing terrace.
Bedrooms 2 and 3 share a large family bathroom and bedroom 4 (which has been converted from the garage) has an ensuite shower room and direct access from outside.
Outside there is a laundry room, several shaded seating areas, extensive terraces and low-maintenance gardens with automatic Irrigation.
The swimming pool, renovated in 2017, is 10 x 5m.
Two separate workshops/storage rooms at a garden level below the terrace.
There are 8 solar panels on the roof terrace providing electricity to the house and separate solar panels for hot water.
The second electric entrance gate leads to an extensive parking area and a double carport.
The Villa is located within walking distance of the village of Bordeira, and close to Estoi, Santa Barbara de Nexe, Loulé and Sao Bras de Alportel. Just 20 minutes drive from Faro International Airport from the Beaches of the Central Algarve.
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Currency Exchange
Faro, Faro, Portugal, 8005-532
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 €850,000 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 |
|---|---|---|---|
| €850,000 | £700,315 | £730,533 | £30,218 |
| Property Price € | €850,000 |
| Minimum cost in the last six months | £700,315 |
| Maximum cost in the last six months | £730,533 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £30,218 |
Faro, Faro, Portugal, 8005-532
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 €850,000 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 |
|---|---|---|---|
| €850,000 | £700,315 | £730,533 | £30,218 |
| Property Price € | €850,000 |
| Minimum cost in the last six months | £700,315 |
| Maximum cost in the last six months | £730,533 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £30,218 |
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 £30,218 more.
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