UNIQUE OPPORTUNITY – VERSATILE PROPERTY FOR RESIDENTIAL OR COMMERCIAL USE If you are looking for an investment with great potential, this property is for you! Located on the strategic National Road N125 and just 2 minutes from the magnificent Fuseta Beach, this single-story house offers numerous po

Olhão, Faro, Portugal

For Sale

€230,000

REF: 956158 €230,000


2

2

150 m2

217 m2

Description

UNIQUE OPPORTUNITY – VERSATILE PROPERTY FOR RESIDENTIAL OR COMMERCIAL USE If you are looking for an investment with great potential, this property is for you! Located on the strategic National Road N125 and just 2 minutes from the magnificent Fuseta Beach, this single-story house offers numerous possibilities – whether for residential living or a successful business venture.

PROPERTY FEATURES: ✅ Covered area of 168 m² ✅ Space already adapted for residential and commercial use ✅ 2 bedrooms ✅ 2 bathrooms ✅ Kitchen with pantry ✅ Living room ✅ Storage room ✅ Large commercial space ✅ Outdoor patio ✅ Covered parking for 2 vehicles ✅ Rooftop terrace with sea view IMPORTANT INFORMATION: The property has a commercial license but meets all the requirements to obtain a residential permit.

Prime location on the N125, ensuring excellent visibility for businesses. An excellent investment opportunity for conversion into residential use or commercial exploitation. With a highly attractive selling price, this is a rare opportunity for those looking for a versatile and well-located space—whether for personal use, rental income, or business development. Contact us now to schedule a visit! #ref: 135191
UNIQUE OPPORTUNITY – VERSATILE PROPERTY FOR RESIDENTIAL OR COMMERCIAL USE If you are looking for an investment with great potential, this property is for you! Located on the strategic National Road N125 and just 2 minutes from the magnificent Fuseta Beach, this single-story house offers numerous possibilities – whether for residential living or a successful business venture.

PROPERTY FEATURES: ✅ Covered area of 168 m² ✅ Space already adapted for residential and commercial use ✅ 2 bedrooms ✅ 2 bathrooms ✅ Kitchen with pantry ✅ Living room ✅ Storage room ✅ Large commercial space ✅ Outdoor patio ✅ Covered parking for 2 vehicles ✅ Rooftop terrace with sea view IMPORTANT INFORMATION: The property has a commercial license but meets all the requirements to obtain a residential permit.

Prime location on the N125, ensuring excellent visibility for businesses. An excellent investment opportunity for conversion into residential use or commercial exploitation. With a highly attractive selling price, this is a rare opportunity for those looking for a versatile and well-located space—whether for personal use, rental income, or business development. Contact us now to schedule a visit! #ref: 135191
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Property on Map

#135191

Currency Exchange

Olhão, 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 €230,000 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
€230,000 £189,497 £194,601 £5,104
Property Price € €230,000
Minimum cost in the last six months £189,497
Maximum cost in the last six months £194,601
Fluctuating exchange rates over the last six months could have increased the cost of this property by £5,104

Olhão, 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 €230,000 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
€230,000 £189,497 £194,601 £5,104
Property Price € €230,000
Minimum cost in the last six months £189,497
Maximum cost in the last six months £194,601
Fluctuating exchange rates over the last six months could have increased the cost of this property by £5,104

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 £5,104 more.

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