T3 House

Faro, Faro, Portugal, 8005-549

For Sale

€750,000

REF: 944997 €750,000


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Description

This semi-detached house is located in a prime residential area of Faro, known for its tranquility and proximity to a wide range of services and amenities. Ideal for families and professionals, the location offers quick access to schools as well as the University of Algarve, a leading higher education institution in the region.

The area is well-served by a comprehensive infrastructure, including supermarkets, pharmacies, healthcare centers, restaurants, and leisure spaces. Additionally, the house is strategically positioned to ensure fast connections to the city center, Faro International Airport, and the beaches of the Algarve coast via the main road networks.

Public transport is also readily available, facilitating daily mobility. With a 154 m plot, the house has been designed to offer a perfect balance between comfort, functionality, and design. The interior spaces are thoughtfully arranged. On the ground floor, there is an open-plan living room and kitchen, complemented by a guest WC and an outdoor area. The first floor features
This semi-detached house is located in a prime residential area of Faro, known for its tranquility and proximity to a wide range of services and amenities. Ideal for families and professionals, the location offers quick access to schools as well as the University of Algarve, a leading higher education institution in the region.

The area is well-served by a comprehensive infrastructure, including supermarkets, pharmacies, healthcare centers, restaurants, and leisure spaces. Additionally, the house is strategically positioned to ensure fast connections to the city center, Faro International Airport, and the beaches of the Algarve coast via the main road networks.

Public transport is also readily available, facilitating daily mobility. With a 154 m plot, the house has been designed to offer a perfect balance between comfort, functionality, and design. The interior spaces are thoughtfully arranged. On the ground floor, there is an open-plan living room and kitchen, complemented by a guest WC and an outdoor area. The first floor features
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Property on Map

#KWPT-008381

Currency Exchange

Faro, Faro, Portugal, 8005-549

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 £651,068 £33,143
Property Price € €750,000
Minimum cost in the last six months £617,925
Maximum cost in the last six months £651,068
Fluctuating exchange rates over the last six months could have increased the cost of this property by £33,143

Faro, Faro, Portugal, 8005-549

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 £651,068 £33,143
Property Price € €750,000
Minimum cost in the last six months £617,925
Maximum cost in the last six months £651,068
Fluctuating exchange rates over the last six months could have increased the cost of this property by £33,143

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 £33,143 more.

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