Search
Typical House from Algarve, of 3 bedrooms semi-detached on one side consisting of 6 divisions with project in the final approval phase for rehabilitation and expansion to 240m2
Albufeira, Faro, Portugal
REF: 518770
€157,500
Description
Typical House from Algarve, of 3 bedrooms semi-detached on one side consisting of 6 divisions with project in the final approval phase for rehabilitation and expansion to 240m2. It has 5000m2 of fertile land with various fruit trees and quite conducive to agriculture as well as 370m2 of urban area, of which currently 179m2 correspond to the covered area. It has good access, a cistern, installed electricity and mains water. Located in the middle of nature in a very quiet, pleasant place, where you can enjoy the best that the countryside has to offer, enjoying for example the chirping of the birds and enjoying all the peace of mind and serenity that the surrounding area provides. It is located in the lively parish of Paderne, just a few minutes from the centre of Albufeira. Paderne is a parish in the municipality of Albufeira, with 52.56 km² of area and 3 304 inhabitants (2011). Its population density is 62.9 hab/km², which allows it to be classified as a Low Density Area (portaria 1467-A/2001).[1] The Parish of Paderne belongs to the Municipality of Albufeira, in the District of Faro; it is located on the left bank of the Algibre or Quarteira stream, about 12 km from the county seat. Its patron saint is Our Lady of Hope, celebrated every year on 30 November. The toponym "Paderne" derives from the low Latin (villa) Paterni, "the farm of Paterno". Located in the Barrocal Algarvio, Paderne is a small village with an area of 53km2 and approximately 5000 inhabitants. It is one of the oldest in the municipality of Albufeira due to its rural characteristics, maintaining the traces of an inland village with its castle as well as several points of landscape interest, namely: the fountain, the Algibre and Quarteira streams and their weirs, having many other historical points of reference to consider and visit. #ref: 73028
Typical House from Algarve, of 3 bedrooms semi-detached on one side consisting of 6 divisions with project in the final approval phase for rehabilitation and expansion to 240m2. It has 5000m2 of fertile land with various fruit trees and quite conducive to agriculture as well as 370m2 of urban area, of which currently 179m2 correspond to the covered area. It has good access, a cistern, installed electricity and mains water. Located in the middle of nature in a very quiet, pleasant place, where you can enjoy the best that the countryside has to offer, enjoying for example the chirping of the birds and enjoying all the peace of mind and serenity that the surrounding area provides. It is located in the lively parish of Paderne, just a few minutes from the centre of Albufeira. Paderne is a parish in the municipality of Albufeira, with 52.56 km² of area and 3 304 inhabitants (2011). Its population density is 62.9 hab/km², which allows it to be classified as a Low Density Area (portaria 1467-A/2001).[1] The Parish of Paderne belongs to the Municipality of Albufeira, in the District of Faro; it is located on the left bank of the Algibre or Quarteira stream, about 12 km from the county seat. Its patron saint is Our Lady of Hope, celebrated every year on 30 November. The toponym "Paderne" derives from the low Latin (villa) Paterni, "the farm of Paterno". Located in the Barrocal Algarvio, Paderne is a small village with an area of 53km2 and approximately 5000 inhabitants. It is one of the oldest in the municipality of Albufeira due to its rural characteristics, maintaining the traces of an inland village with its castle as well as several points of landscape interest, namely: the fountain, the Algibre and Quarteira streams and their weirs, having many other historical points of reference to consider and visit. #ref: 73028
Read More
Property on Map
Currency Exchange
Albufeira, 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 €157,500 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 |
|---|---|---|---|
| €157,500 | £133,984 | £137,157 | £3,174 |
| Property Price € | €157,500 |
| Minimum cost in the last six months | £133,984 |
| Maximum cost in the last six months | £137,157 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,174 |
Albufeira, 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 €157,500 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 |
|---|---|---|---|
| €157,500 | £133,984 | £137,157 | £3,174 |
| Property Price € | €157,500 |
| Minimum cost in the last six months | £133,984 |
| Maximum cost in the last six months | £137,157 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,174 |
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 £3,174 more.
Search popular regions
Useful links
Hi {{firstName}},
Enquire about this property
Make an Enquiry on this property
No Yes
No Yes
I agree to be connected with a trusted property agent who will receive
these details.
We handle your data with care and only ever as outlined in our
Privacy Policy
Thank you for your
enquiry!
Our partner agent will be in touch with you shortly.
Our partner agent will be in touch with you shortly.
Enquire about this property
No
Yes
No
Yes
I agree to be connected with the property agent for more detail on this
listing.
We handle your data with care and only ever as outlined in our
Privacy Policy
