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Townhouse with basement, parking and spacious patio facing west
Olhão, Faro, Portugal, 8700-224
REF: 955257
€364,000
Description
Townhouse in excellent condition, located in Aldeamento Terraços do Sul in Olhão, just 5 minutes from the city center. Built in 2005, with a total area of 176m2 spread over 3 floors 1 (basement). On the ground floor there is a large living room measuring 30m2, a spacious kitchen with access to a huge patio facing west. There is also a space where a fourth bedroom or office area can be created. Service bathroom in the hallway. On the first floor, there are three bedrooms, one of which is a suite with a walk-in closet, and there is another bathroom that serves the remaining bedrooms. On the top floor there is access to the terrace with unobstructed 360 views of green spaces and distant construction. The great added value of this construction is the existence of a spacious basement throughout the area of the house, measuring around 80m2 and with windows to the patio, which allows for some natural light. Private parking space in front of the house. 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.
Townhouse in excellent condition, located in Aldeamento Terraços do Sul in Olhão, just 5 minutes from the city center. Built in 2005, with a total area of 176m2 spread over 3 floors 1 (basement). On the ground floor there is a large living room measuring 30m2, a spacious kitchen with access to a huge patio facing west. There is also a space where a fourth bedroom or office area can be created. Service bathroom in the hallway. On the first floor, there are three bedrooms, one of which is a suite with a walk-in closet, and there is another bathroom that serves the remaining bedrooms. On the top floor there is access to the terrace with unobstructed 360 views of green spaces and distant construction. The great added value of this construction is the existence of a spacious basement throughout the area of the house, measuring around 80m2 and with windows to the patio, which allows for some natural light. Private parking space in front of the house. 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, 8700-224
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 €364,000 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 |
|---|---|---|---|
| €364,000 | £299,900 | £307,977 | £8,077 |
| Property Price € | €364,000 |
| Minimum cost in the last six months | £299,900 |
| Maximum cost in the last six months | £307,977 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,077 |
Olhão, Faro, Portugal, 8700-224
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 €364,000 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 |
|---|---|---|---|
| €364,000 | £299,900 | £307,977 | £8,077 |
| Property Price € | €364,000 |
| Minimum cost in the last six months | £299,900 |
| Maximum cost in the last six months | £307,977 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,077 |
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 £8,077 more.
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