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Spacious south facing semidetached villa in a small condominium with great sea views
Faro, Faro, Portugal, 8000-174
REF: 920846
€750,000
Description
This comfortable villa is well located close to the village of Santa Barbara de Nexe and only 20 minutes from Faro International airport. Set in a small condominium with a communal pool and gardens. Entrance to the Villa is on the first floor and comprises an entrance hall leading to a generous lounge / dining room with a wood burning stove, which has direct access to a sea view terrace with a BBQ. Also on this level is a fully fitted kitchen with utility, a cozy TV lounge, and a cloakroom. Going down to the ground floor brings you to two spacious ensuites and two further bedrooms with a shared bathroom, one of which is currently being used as an office. All the bedrooms have large, fitted wardrobes, and two of the rooms have private south facing terraces. All the bathrooms have recently been completely renovated to a high standard. From this level you enter a nice private garden which leads to the swimming pool and communal gardens. At the entrance to the house there is a covered carport and terrace garden. As well as being a comfortable home in a great location this must-see property also offers great rental potential.
This comfortable villa is well located close to the village of Santa Barbara de Nexe and only 20 minutes from Faro International airport. Set in a small condominium with a communal pool and gardens. Entrance to the Villa is on the first floor and comprises an entrance hall leading to a generous lounge / dining room with a wood burning stove, which has direct access to a sea view terrace with a BBQ. Also on this level is a fully fitted kitchen with utility, a cozy TV lounge, and a cloakroom. Going down to the ground floor brings you to two spacious ensuites and two further bedrooms with a shared bathroom, one of which is currently being used as an office. All the bedrooms have large, fitted wardrobes, and two of the rooms have private south facing terraces. All the bathrooms have recently been completely renovated to a high standard. From this level you enter a nice private garden which leads to the swimming pool and communal gardens. At the entrance to the house there is a covered carport and terrace garden. As well as being a comfortable home in a great location this must-see property also offers great rental potential.
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Currency Exchange
Faro, Faro, Portugal, 8000-174
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 €750,000 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 |
|---|---|---|---|
| €750,000 | £617,925 | £644,588 | £26,663 |
| Property Price € | €750,000 |
| Minimum cost in the last six months | £617,925 |
| Maximum cost in the last six months | £644,588 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £26,663 |
Faro, Faro, Portugal, 8000-174
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 €750,000 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 |
|---|---|---|---|
| €750,000 | £617,925 | £644,588 | £26,663 |
| Property Price € | €750,000 |
| Minimum cost in the last six months | £617,925 |
| Maximum cost in the last six months | £644,588 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £26,663 |
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 £26,663 more.
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