Villa with 2 annexes

Albufeira, Faro, Portugal, 8200-000

For Sale

€595,000

REF: 606776 €595,000


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Description

A large 4 bedroom family villa, close to all local facilites, with 2 guest annexes, set in a large plot of land. This versatile property has many different parts, ideal for a large family, a bed and breakfast or to create income from the separate annexes (currently rented out on a long term basis). The main house has a total of four bedrooms (one of which is in a separate wing, with it s own kitchen), plus a snug/office.

A bright, airy lounge with the two annexes are completely separate from the main house, ensuring that guests or tenants have their own private space. It is possible to divide the property into four separate houses. The large grounds have a vegetable garden, many trees and plenty of open space. There is a large garage within the property, and plenty of space to install a pool. Next to the large, bright lounge there is a spacious kitchen with dining area.

This has direct access to the barbecue area, outside kitchen and bar area, so you have ample outside leisure areas. All of this is close to all local facilities, with everything you need close by. The beaches and nightlife of Albufeira are only a short drive away. An ideal property in the Algarve for those wanting to create a rental income, either on a constant basis or during the summer season.
A large 4 bedroom family villa, close to all local facilites, with 2 guest annexes, set in a large plot of land. This versatile property has many different parts, ideal for a large family, a bed and breakfast or to create income from the separate annexes (currently rented out on a long term basis). The main house has a total of four bedrooms (one of which is in a separate wing, with it s own kitchen), plus a snug/office.

A bright, airy lounge with the two annexes are completely separate from the main house, ensuring that guests or tenants have their own private space. It is possible to divide the property into four separate houses. The large grounds have a vegetable garden, many trees and plenty of open space. There is a large garage within the property, and plenty of space to install a pool. Next to the large, bright lounge there is a spacious kitchen with dining area.

This has direct access to the barbecue area, outside kitchen and bar area, so you have ample outside leisure areas. All of this is close to all local facilities, with everything you need close by. The beaches and nightlife of Albufeira are only a short drive away. An ideal property in the Algarve for those wanting to create a rental income, either on a constant basis or during the summer season.
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Property on Map

#1001-2271

Currency Exchange

Albufeira, Faro, Portugal, 8200-000

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 €595,000 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
€595,000 £506,161 £518,150 £11,989
Property Price € €595,000
Minimum cost in the last six months £506,161
Maximum cost in the last six months £518,150
Fluctuating exchange rates over the last six months could have increased the cost of this property by £11,989

Albufeira, Faro, Portugal, 8200-000

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 €595,000 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
€595,000 £506,161 £518,150 £11,989
Property Price € €595,000
Minimum cost in the last six months £506,161
Maximum cost in the last six months £518,150
Fluctuating exchange rates over the last six months could have increased the cost of this property by £11,989

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 £11,989 more.

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