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2 bedroom villa with swimming pool and parking space 5 minutes from the historic center of Olhão
Olhão, Faro, Portugal, 8700-239
REF: 941464
€374,000
Description
House built in 2020 and with Energy Class A, with two bedrooms, located less than ten minutes from the markets of Olhão, in a very quiet residential urbanization, with easy access and easy parking. It has 3 floors, outdoor space with parking, swimming pool at the back and terrace on the roof, with full sun exposure, from which you can enjoy open sea views. The pool area is very pleasant, allowing you to create your own space. The ground floor is open space, with lounge, dining room and kitchen and access to the swimming pool, guest bathroom and storage room. On the first floor there are two spacious en-suite bedrooms with complete bathrooms and large wardrobes, with enormous light. On the second floor there is access to the aforementioned terrace with a wide 360 view. Electric blinds throughout the house, solar panel, air conditioning, fully equipped kitchen. Ideal for your own home or for a second holiday home close to the main beaches of Sotavento. It is located just over 5 minutes by car from the boarding pier for the barrier islands of Ria Formosa and the Olhão market, as well as 25 minutes from Faro airport. We share business 50% with all authorized intermediaries with an AMI license, because we know that together we can do more for our customers We also provide support in the financing process through a Credit Intermediary authorized by Banco de Portugal.
House built in 2020 and with Energy Class A, with two bedrooms, located less than ten minutes from the markets of Olhão, in a very quiet residential urbanization, with easy access and easy parking. It has 3 floors, outdoor space with parking, swimming pool at the back and terrace on the roof, with full sun exposure, from which you can enjoy open sea views. The pool area is very pleasant, allowing you to create your own space. The ground floor is open space, with lounge, dining room and kitchen and access to the swimming pool, guest bathroom and storage room. On the first floor there are two spacious en-suite bedrooms with complete bathrooms and large wardrobes, with enormous light. On the second floor there is access to the aforementioned terrace with a wide 360 view. Electric blinds throughout the house, solar panel, air conditioning, fully equipped kitchen. Ideal for your own home or for a second holiday home close to the main beaches of Sotavento. It is located just over 5 minutes by car from the boarding pier for the barrier islands of Ria Formosa and the Olhão market, as well as 25 minutes from Faro airport. We share business 50% with all authorized intermediaries with an AMI license, because we know that together we can do more for our customers We also provide support in the financing process through a Credit Intermediary authorized by Banco de Portugal.
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Currency Exchange
Olhão, Faro, Portugal, 8700-239
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 €374,000 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 |
|---|---|---|---|
| €374,000 | £308,139 | £324,666 | £16,527 |
| Property Price € | €374,000 |
| Minimum cost in the last six months | £308,139 |
| Maximum cost in the last six months | £324,666 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,527 |
Olhão, Faro, Portugal, 8700-239
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 €374,000 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 |
|---|---|---|---|
| €374,000 | £308,139 | £324,666 | £16,527 |
| Property Price € | €374,000 |
| Minimum cost in the last six months | £308,139 |
| Maximum cost in the last six months | £324,666 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,527 |
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 £16,527 more.
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