Charming traditional villa located near the beach in Porches, Algarve

Lagoa, Portugal

For Sale

€1,740,000

REF: 919199 €1,740,000


4

2

2001

Description

This traditional well built property is located in a quiet urbanization near the beach in Porches, Algarve. The villa is composed of three floors. On the ground level, the entrance leads you to a spacious fully equipped kitchen with centre island the left side, and to the centre into the dining area, which also has a separate reading/indoor garden room.

All rooms have access to the garden and swimming pool. On the right side, there is one en-suite bedroom, an office and a guest w/c. The first floor has three bedrooms, two of them sharing one bathroom and the master suite has a private bathroom, dressing area and balcony. There is an additional attic, converted into a one bedroom south facing with viewws to the ocean with private bathroom.

The property is equipped with electric gates, electric blackouts, underfloor heating, fireplace, double insulated windows throughout, equipped kitchen, separate laundry area with access from the two garages and a mature well maintained garden with borehole, irrigation system and fruit trees, a swimming pool with a cascade theme.

The bbq area has a shaded dining area and there is shaded terraces also from the living/dinig area towards the swimming pool. The property location is ideal for convenience to supermarket, the village of Porches, restaurants, beaches and a few minutes from the International School.
This traditional well built property is located in a quiet urbanization near the beach in Porches, Algarve. The villa is composed of three floors. On the ground level, the entrance leads you to a spacious fully equipped kitchen with centre island the left side, and to the centre into the dining area, which also has a separate reading/indoor garden room.

All rooms have access to the garden and swimming pool. On the right side, there is one en-suite bedroom, an office and a guest w/c. The first floor has three bedrooms, two of them sharing one bathroom and the master suite has a private bathroom, dressing area and balcony. There is an additional attic, converted into a one bedroom south facing with viewws to the ocean with private bathroom.

The property is equipped with electric gates, electric blackouts, underfloor heating, fireplace, double insulated windows throughout, equipped kitchen, separate laundry area with access from the two garages and a mature well maintained garden with borehole, irrigation system and fruit trees, a swimming pool with a cascade theme.

The bbq area has a shaded dining area and there is shaded terraces also from the living/dinig area towards the swimming pool. The property location is ideal for convenience to supermarket, the village of Porches, restaurants, beaches and a few minutes from the International School.
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Property on Map

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Currency Exchange

Lagoa, Portugal

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 €1,740,000 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
€1,740,000 £1,433,586 £1,495,443 £61,857
Property Price € €1,740,000
Minimum cost in the last six months £1,433,586
Maximum cost in the last six months £1,495,443
Fluctuating exchange rates over the last six months could have increased the cost of this property by £61,857

Lagoa, Portugal

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 €1,740,000 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
€1,740,000 £1,433,586 £1,495,443 £61,857
Property Price € €1,740,000
Minimum cost in the last six months £1,433,586
Maximum cost in the last six months £1,495,443
Fluctuating exchange rates over the last six months could have increased the cost of this property by £61,857

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 £61,857 more.

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