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Renovated 2-Bedroom House with Two Patios / Monte Fino - Monte Gordo We present this fully renovated ground floor house located in the peaceful Monte Fino development, just 2,000 meters from Monte Gordo beach
Monte Gordo, Faro, Portugal
REF: 1000029
€275,000
Description
Renovated 2-Bedroom House with Two Patios / Monte Fino - Monte Gordo We present this fully renovated ground floor house located in the peaceful Monte Fino development, just 2,000 meters from Monte Gordo beach. This self-contained unit features two patios, ideal for permanent residence, vacation home, or local lodging investment. Property Features: Spacious entrance hall with built-in closet Storage area with heater and toilet Renovated bathroom with shower base Two bedrooms with built-in closets, air conditioning, double-glazed windows, new aluminum frames, and electric blinds Open-plan living room with kitchen equipped with ceramic stovetop, oven, new range hood, washing machine, and refrigerator Larger third bedroom, ideal as an additional bedroom or office, also with air conditioning and direct access to the rear patio The property is sold fully furnished and equipped with all appliances. Additional features: Electric blinds and new window frames in all rooms Air conditioning installed in the bedrooms and living room Patio of approximately 30sqm with parking available on the lot East/west orientation, providing natural light throughout the day Very quiet residential area with good access Areas according to the Property Registry: Total lot area: 170.00sqm Building footprint: 78.80sqm The property is located in a two-unit, two-story building under horizontal ownership, with this independent unit located on the ground floor. About us Casas do Sotavento is a family-owned business, recognized nationally and internationally for the quality of our projects and our commitment to our clients. We work with integrity, ethics, and proximity, treating everyone as we would like to be treated. We support the entire buying and selling process from start to finish. If necessary, we can assist you with obtaining a Portuguese tax identification number (NIF), opening a bank account in Portugal, clarifying purchase taxes, and changing ownership of utilities such as water, electricity, and more. Contact us to schedule your visit and learn more about this excellent opportunity.
Renovated 2-Bedroom House with Two Patios / Monte Fino - Monte Gordo We present this fully renovated ground floor house located in the peaceful Monte Fino development, just 2,000 meters from Monte Gordo beach. This self-contained unit features two patios, ideal for permanent residence, vacation home, or local lodging investment. Property Features: Spacious entrance hall with built-in closet Storage area with heater and toilet Renovated bathroom with shower base Two bedrooms with built-in closets, air conditioning, double-glazed windows, new aluminum frames, and electric blinds Open-plan living room with kitchen equipped with ceramic stovetop, oven, new range hood, washing machine, and refrigerator Larger third bedroom, ideal as an additional bedroom or office, also with air conditioning and direct access to the rear patio The property is sold fully furnished and equipped with all appliances. Additional features: Electric blinds and new window frames in all rooms Air conditioning installed in the bedrooms and living room Patio of approximately 30sqm with parking available on the lot East/west orientation, providing natural light throughout the day Very quiet residential area with good access Areas according to the Property Registry: Total lot area: 170.00sqm Building footprint: 78.80sqm The property is located in a two-unit, two-story building under horizontal ownership, with this independent unit located on the ground floor. About us Casas do Sotavento is a family-owned business, recognized nationally and internationally for the quality of our projects and our commitment to our clients. We work with integrity, ethics, and proximity, treating everyone as we would like to be treated. We support the entire buying and selling process from start to finish. If necessary, we can assist you with obtaining a Portuguese tax identification number (NIF), opening a bank account in Portugal, clarifying purchase taxes, and changing ownership of utilities such as water, electricity, and more. Contact us to schedule your visit and learn more about this excellent opportunity.
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Currency Exchange
Monte Gordo, 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 €275,000 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 |
|---|---|---|---|
| €275,000 | £226,999 | £240,713 | £13,714 |
| Property Price € | €275,000 |
| Minimum cost in the last six months | £226,999 |
| Maximum cost in the last six months | £240,713 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,714 |
Monte Gordo, 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 €275,000 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 |
|---|---|---|---|
| €275,000 | £226,999 | £240,713 | £13,714 |
| Property Price € | €275,000 |
| Minimum cost in the last six months | £226,999 |
| Maximum cost in the last six months | £240,713 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,714 |
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 £13,714 more.
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