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T3 Semi-Detached House Divided into 2 Apartments – Manta Rota Just 10 minutes on foot from Manta Rota Beach and 5 minutes from the center of Vila Nova de Cacela, this charming traditional Algarvian house is a fantastic opportunity for both living and investment, as it has a local accommodation lice
Vila Real de Santo António, Faro, Portugal
REF: 937407
€266,000
Description
T3 Semi-Detached House Divided into 2 Apartments – Manta Rota Just 10 minutes on foot from Manta Rota Beach and 5 minutes from the center of Vila Nova de Cacela, this charming traditional Algarvian house is a fantastic opportunity for both living and investment, as it has a local accommodation license. 2 independent apartments, fully renovated in 2024, ready to move in with no additional work needed. Perfect for rental income: rent out the T1 and T2 separately or enjoy the whole house with family and friends. Property Layout: ✅ T1 Apartment: 1 bedroom, 1 kitchen, 1 bathroom, and a small outdoor space. ✅ T2 Apartment: Ground floor: Living room (12 m²), equipped kitchen, bathroom, laundry area, and outdoor space with a barbecue. 1st floor: 2 air-conditioned bedrooms, one with a private bathroom. Additional Features: ✔ Two modern kitchens, fully equipped (oven, stove, microwave – all new appliances). ✔ Terrace with barbecue, perfect for enjoying the 300 days of sunshine per year. ✔ Prime location: 500 m from all amenities (shops, restaurants, doctor, train station, etc.). 1,100 m from the beach, one of the most beautiful in the Algarve. Quick access: Nearby train station connects to Faro Airport in 40 minutes. A profitable investment or the perfect getaway in the heart of the Algarve! Contact me now for a visit! #ref: 136428
T3 Semi-Detached House Divided into 2 Apartments – Manta Rota Just 10 minutes on foot from Manta Rota Beach and 5 minutes from the center of Vila Nova de Cacela, this charming traditional Algarvian house is a fantastic opportunity for both living and investment, as it has a local accommodation license. 2 independent apartments, fully renovated in 2024, ready to move in with no additional work needed. Perfect for rental income: rent out the T1 and T2 separately or enjoy the whole house with family and friends. Property Layout: ✅ T1 Apartment: 1 bedroom, 1 kitchen, 1 bathroom, and a small outdoor space. ✅ T2 Apartment: Ground floor: Living room (12 m²), equipped kitchen, bathroom, laundry area, and outdoor space with a barbecue. 1st floor: 2 air-conditioned bedrooms, one with a private bathroom. Additional Features: ✔ Two modern kitchens, fully equipped (oven, stove, microwave – all new appliances). ✔ Terrace with barbecue, perfect for enjoying the 300 days of sunshine per year. ✔ Prime location: 500 m from all amenities (shops, restaurants, doctor, train station, etc.). 1,100 m from the beach, one of the most beautiful in the Algarve. Quick access: Nearby train station connects to Faro Airport in 40 minutes. A profitable investment or the perfect getaway in the heart of the Algarve! Contact me now for a visit! #ref: 136428
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Currency Exchange
Vila Real de Santo António, 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 €266,000 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 |
|---|---|---|---|
| €266,000 | £219,157 | £225,060 | £5,903 |
| Property Price € | €266,000 |
| Minimum cost in the last six months | £219,157 |
| Maximum cost in the last six months | £225,060 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,903 |
Vila Real de Santo António, 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 €266,000 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 |
|---|---|---|---|
| €266,000 | £219,157 | £225,060 | £5,903 |
| Property Price € | €266,000 |
| Minimum cost in the last six months | £219,157 |
| Maximum cost in the last six months | £225,060 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,903 |
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 £5,903 more.
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