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PORTUGAL - ALGARVE - OLHAO 19th century mansion, with elevator, located in the historic center of Olhao
Olhão, Faro, Portugal
REF: 421325
€738,000
Description
PORTUGAL - ALGARVE - OLHAO 19th century mansion, with elevator, located in the historic center of Olhao. This exceptional property in the final phase of rehabilitation offers a luxurious living space with five bedrooms, three marble bathrooms, a huge reception room and a kitchen with marble worktop. With its two independent accesses, the house offers the possibility of rental, since this second part also includes a kitchen area. Its elevator serves from the ground floor to the roof terrace. This is an exceptional property with unique features including its prime location, the possibility of self-catering, and luxury features and exquisite details such as the marble bathrooms and all hand-carved doors which add a touch of elegance. Enjoy a spacious roof terrace with 4-seater jacuzzi, barbecue and relaxation area, offering breathtaking views of the city. Its brightness, enhanced by skylights, patios with trees, and its excellent southern exposure make it a unique residence. Ideally located close to infrastructure, restaurants and cafes, this property combines historical charm and modernity. It is 200 m from the Olhao market and access to the pier for the islands! This is a rare commodity, an excellent opportunity. Contact us to discover this exceptional residence! iad is a network of independent real estate advisors based on a completely innovative model that breaks with the traditional concept of real estate mediation. What are 21st century clients looking for when deciding to buy, rent or sell a property? You are looking for a complete, simple and competitive service. This is what we offer at iad. #ref: 66195
PORTUGAL - ALGARVE - OLHAO 19th century mansion, with elevator, located in the historic center of Olhao. This exceptional property in the final phase of rehabilitation offers a luxurious living space with five bedrooms, three marble bathrooms, a huge reception room and a kitchen with marble worktop. With its two independent accesses, the house offers the possibility of rental, since this second part also includes a kitchen area. Its elevator serves from the ground floor to the roof terrace. This is an exceptional property with unique features including its prime location, the possibility of self-catering, and luxury features and exquisite details such as the marble bathrooms and all hand-carved doors which add a touch of elegance. Enjoy a spacious roof terrace with 4-seater jacuzzi, barbecue and relaxation area, offering breathtaking views of the city. Its brightness, enhanced by skylights, patios with trees, and its excellent southern exposure make it a unique residence. Ideally located close to infrastructure, restaurants and cafes, this property combines historical charm and modernity. It is 200 m from the Olhao market and access to the pier for the islands! This is a rare commodity, an excellent opportunity. Contact us to discover this exceptional residence! iad is a network of independent real estate advisors based on a completely innovative model that breaks with the traditional concept of real estate mediation. What are 21st century clients looking for when deciding to buy, rent or sell a property? You are looking for a complete, simple and competitive service. This is what we offer at iad. #ref: 66195
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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 €738,000 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 |
|---|---|---|---|
| €738,000 | £627,809 | £646,887 | £19,077 |
| Property Price € | €738,000 |
| Minimum cost in the last six months | £627,809 |
| Maximum cost in the last six months | £646,887 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,077 |
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 €738,000 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 |
|---|---|---|---|
| €738,000 | £627,809 | £646,887 | £19,077 |
| Property Price € | €738,000 |
| Minimum cost in the last six months | £627,809 |
| Maximum cost in the last six months | £646,887 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,077 |
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 £19,077 more.
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