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4 Bedroom villa in a peaceful location close to Santa Barbara De Nexe
Faro, Faro, Portugal, 8005-401
REF: 913486
€845,000
Description
This charming property is nicely located in a quite countryside location, yet less than 5 minutes from the village of Santa Barbara, and with the town of Loule and Faro international airport only a 15-minute drive. On the ground floor the property consists of an open plan lounge with fireplace and a dining room on a split level, adjoining the kitchen, which has a covered terrace with a BBQ. Also on this level is a bedroom and family bathroom. From the lounge there is direct access to a large, covered terrace overlooking the garden and the surrounding countryside. On the first floor are three bedrooms, one ensuite and the other two sharing the third bathroom, with two of the bedrooms having nice private terraces. From this floor the stairs lead up to a roof terrace with sea view. The property benefits from mains water and drainage as well as having a bore hole which can be used for irrigation, creating the opportunity to develop a beautiful garden on the good-sized plot, which includes a south facing swimming pool with a spacious terrace and an outdoor shower . There is ample parking space, and also a garage.
This charming property is nicely located in a quite countryside location, yet less than 5 minutes from the village of Santa Barbara, and with the town of Loule and Faro international airport only a 15-minute drive. On the ground floor the property consists of an open plan lounge with fireplace and a dining room on a split level, adjoining the kitchen, which has a covered terrace with a BBQ. Also on this level is a bedroom and family bathroom. From the lounge there is direct access to a large, covered terrace overlooking the garden and the surrounding countryside. On the first floor are three bedrooms, one ensuite and the other two sharing the third bathroom, with two of the bedrooms having nice private terraces. From this floor the stairs lead up to a roof terrace with sea view. The property benefits from mains water and drainage as well as having a bore hole which can be used for irrigation, creating the opportunity to develop a beautiful garden on the good-sized plot, which includes a south facing swimming pool with a spacious terrace and an outdoor shower . There is ample parking space, and also a garage.
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Currency Exchange
Faro, Faro, Portugal, 8005-401
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 €845,000 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 |
|---|---|---|---|
| €845,000 | £699,922 | £726,235 | £26,313 |
| Property Price € | €845,000 |
| Minimum cost in the last six months | £699,922 |
| Maximum cost in the last six months | £726,235 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £26,313 |
Faro, Faro, Portugal, 8005-401
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 €845,000 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 |
|---|---|---|---|
| €845,000 | £699,922 | £726,235 | £26,313 |
| Property Price € | €845,000 |
| Minimum cost in the last six months | £699,922 |
| Maximum cost in the last six months | £726,235 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £26,313 |
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 £26,313 more.
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