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Charming 2-storey house located on a mixed plot of 2860sqm full of fruit trees and potential for various projects
Vila Nova de Cacela, Faro, Portugal
REF: 934193
€450,000
Description
Charming 2-storey house located on a mixed plot of 2860sqm full of fruit trees and potential for various projects. The house is distributed on its ground floor in 2 bedrooms, living room and kitchen that gives access to a bathroom and exit to a patio where there is another bedroom, an additional kitchen and another bathroom. Going up to the first floor we have an area with an open-plan kitchen and living room, a bathroom and 2 bedrooms and in another area 2 storage compartments. In this upper part there is also a large terrace that offers wide views of the countryside and garden. In front of the house there is a garden with beautiful trees and plants. Easy access by road. Location very close to Vila Nova de Cacela
Charming 2-storey house located on a mixed plot of 2860sqm full of fruit trees and potential for various projects. The house is distributed on its ground floor in 2 bedrooms, living room and kitchen that gives access to a bathroom and exit to a patio where there is another bedroom, an additional kitchen and another bathroom. Going up to the first floor we have an area with an open-plan kitchen and living room, a bathroom and 2 bedrooms and in another area 2 storage compartments. In this upper part there is also a large terrace that offers wide views of the countryside and garden. In front of the house there is a garden with beautiful trees and plants. Easy access by road. Location very close to Vila Nova de Cacela
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Currency Exchange
Vila Nova de Cacela, Faro, 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 €450,000 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 |
|---|---|---|---|
| €450,000 | £370,755 | £380,741 | £9,986 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £370,755 |
| Maximum cost in the last six months | £380,741 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,986 |
Vila Nova de Cacela, Faro, 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 €450,000 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 |
|---|---|---|---|
| €450,000 | £370,755 | £380,741 | £9,986 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £370,755 |
| Maximum cost in the last six months | £380,741 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,986 |
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 £9,986 more.
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