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Property of 21250 m2, working as a local accommodation, with a permanent housing and business symbiosis, formed by flat land, where the housing complex with a single floor in the form of an Alentejo hill formed by 2 houses is inserted
Portalegre, Portalegre, Portugal
REF: 505091
€399,500
Description
Property of 21250 m2, working as a local accommodation, with a permanent housing and business symbiosis, formed by flat land, where the housing complex with a single floor in the form of an Alentejo hill formed by 2 houses is inserted. One of them has 4 en-suite bedrooms (2 triples and 2 doubles), both have reversible air conditioning and TV, dining room with open space kitchen, to support the local accommodation, with access to a magnificent patio. House consisting of 1 bedroom apartment, with kitchen, bedroom and bathroom with shower, 2 double bedrooms with bathroom with shower, both have reversible air conditioning and TV with direct access to the garden and pool area, the permanent living area is composed of Alentejo kitchen, living room with fireplace, 2 bedrooms (one is a suite), bathroom and pantry, all rooms have wardrobes. Outside there is a spectacular swimming pool surrounded by a garden with several ornamental trees, a large front terrace, orange trees, fig trees, loquat trees, olive trees, house with barbecue and oven, U-shaped front patio, outbuildings for animals and olive grove. The property is supplied with water by 2 wells for irrigation and swimming pool, engine room with filter system and an artesian hole for residential consumption with filtering system through ultraviolet lamps, electricity from the public network, septic tank, car park. interior and a large support garage. #ref: 70886
Property of 21250 m2, working as a local accommodation, with a permanent housing and business symbiosis, formed by flat land, where the housing complex with a single floor in the form of an Alentejo hill formed by 2 houses is inserted. One of them has 4 en-suite bedrooms (2 triples and 2 doubles), both have reversible air conditioning and TV, dining room with open space kitchen, to support the local accommodation, with access to a magnificent patio. House consisting of 1 bedroom apartment, with kitchen, bedroom and bathroom with shower, 2 double bedrooms with bathroom with shower, both have reversible air conditioning and TV with direct access to the garden and pool area, the permanent living area is composed of Alentejo kitchen, living room with fireplace, 2 bedrooms (one is a suite), bathroom and pantry, all rooms have wardrobes. Outside there is a spectacular swimming pool surrounded by a garden with several ornamental trees, a large front terrace, orange trees, fig trees, loquat trees, olive trees, house with barbecue and oven, U-shaped front patio, outbuildings for animals and olive grove. The property is supplied with water by 2 wells for irrigation and swimming pool, engine room with filter system and an artesian hole for residential consumption with filtering system through ultraviolet lamps, electricity from the public network, septic tank, car park. interior and a large support garage. #ref: 70886
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Currency Exchange
Portalegre, Portalegre, 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 €399,500 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 |
|---|---|---|---|
| €399,500 | £339,851 | £350,178 | £10,327 |
| Property Price € | €399,500 |
| Minimum cost in the last six months | £339,851 |
| Maximum cost in the last six months | £350,178 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,327 |
Portalegre, Portalegre, 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 €399,500 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 |
|---|---|---|---|
| €399,500 | £339,851 | £350,178 | £10,327 |
| Property Price € | €399,500 |
| Minimum cost in the last six months | £339,851 |
| Maximum cost in the last six months | £350,178 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,327 |
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 £10,327 more.
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