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Unique 4+1 bedroom villa on a 15
Lagoa, Faro, Portugal, 8400-493
REF: 954182
€700,000
Description
Unique 5 bedroom villa on a 15.800 sq.m. plot, close to amenities in Porches. Recently renovated. Huge potential for a variety of different use. Countryside views. Partially renovated 4+1 bedroom villa , displaying a unique style, and nestled on a 15,800 sq.m. plot of land. Originally built in 1979, the villa underwent a recent modernization in 2023. This property offers an exciting opportunity for those looking to add their own signature to a property.
Conveniently located, the villa provides easy access to a range of amenities, with beaches, shops, bars and restaurants just a few minutes' drive away.
The property has 260 sq.m. of built area and has undergone renovation including a new kitchen, two bathrooms and a project was implemented to completely update the pool. The property provides a solid foundation for a personalized touch.
On the ground floor, discover a spacious open plan dining room and kitchen, utility room and laundry room. Complemented by a bedroom and a bathroom for those with mobility problems.
While on the first floor we find 4 bedrooms. One of them has a private bathroom, which allows you to glimpse the potential of this house. A family bathroom meets the needs of a growing family or guests. The large attic to be renovated, with pre-installed plumbing, invites creativity, offering the possibility of being transformed into a master bedroom or a versatile living space.
Outside, a large swimming pool awaits renovation, promising a refreshing retreat once renovations are complete. Covered parking for several cars and a lockable garage add practicality to the property, ensuring security and convenience.
While the property is in need of some additional renovations, its unique architectural style and expansive grounds provide a canvas for transformation. The generous plot of land creates a blank canvas for many potential uses, whether personal, touristic (Possibility of up to 2000m2 built), agricultural, equestrian, or even just to ensure your privacy.
In short, this property has fantastic potential for a variety of different uses. Take advantage of the opportunity and book your visit now.
AlgarveProperty.com - AMI: 2196 - T.: 00351 289310310
Unique 5 bedroom villa on a 15.800 sq.m. plot, close to amenities in Porches. Recently renovated. Huge potential for a variety of different use. Countryside views. Partially renovated 4+1 bedroom villa , displaying a unique style, and nestled on a 15,800 sq.m. plot of land. Originally built in 1979, the villa underwent a recent modernization in 2023. This property offers an exciting opportunity for those looking to add their own signature to a property.
Conveniently located, the villa provides easy access to a range of amenities, with beaches, shops, bars and restaurants just a few minutes' drive away.
The property has 260 sq.m. of built area and has undergone renovation including a new kitchen, two bathrooms and a project was implemented to completely update the pool. The property provides a solid foundation for a personalized touch.
On the ground floor, discover a spacious open plan dining room and kitchen, utility room and laundry room. Complemented by a bedroom and a bathroom for those with mobility problems.
While on the first floor we find 4 bedrooms. One of them has a private bathroom, which allows you to glimpse the potential of this house. A family bathroom meets the needs of a growing family or guests. The large attic to be renovated, with pre-installed plumbing, invites creativity, offering the possibility of being transformed into a master bedroom or a versatile living space.
Outside, a large swimming pool awaits renovation, promising a refreshing retreat once renovations are complete. Covered parking for several cars and a lockable garage add practicality to the property, ensuring security and convenience.
While the property is in need of some additional renovations, its unique architectural style and expansive grounds provide a canvas for transformation. The generous plot of land creates a blank canvas for many potential uses, whether personal, touristic (Possibility of up to 2000m2 built), agricultural, equestrian, or even just to ensure your privacy.
In short, this property has fantastic potential for a variety of different uses. Take advantage of the opportunity and book your visit now.
AlgarveProperty.com - AMI: 2196 - T.: 00351 289310310
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Currency Exchange
Lagoa, Faro, Portugal, 8400-493
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 €700,000 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 |
|---|---|---|---|
| €700,000 | £576,730 | £592,263 | £15,533 |
| Property Price € | €700,000 |
| Minimum cost in the last six months | £576,730 |
| Maximum cost in the last six months | £592,263 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,533 |
Lagoa, Faro, Portugal, 8400-493
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 €700,000 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 |
|---|---|---|---|
| €700,000 | £576,730 | £592,263 | £15,533 |
| Property Price € | €700,000 |
| Minimum cost in the last six months | £576,730 |
| Maximum cost in the last six months | £592,263 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,533 |
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 £15,533 more.
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