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9 Bedroom property for sale near Sta Barbara de Nexe
Faro, Portugal
REF: 653503
€2,295,000
Description
This unique property comprises of 7 suites, plus one additional two bedroom apartment. The property is built on two levels, with a basement for the leasure areas, all bedrooms on one level and the exterior equipped with salt water swimming pool, a large plot surrounded by nature, fruit trees and vegetable garden. The property also has an elevator, a fully equipped professional kitchen, a restaurant with a capacity to serve 150 people, games room, wine cellar and roof top lounge with panoramic vews to the coastline and country. The property is equipped with air conditioning / heating in each room, plasma tv and safe, and private gardens in each suite. There is also a social area with surround sound system, fireplace, and an additional bbq area, professional laundry facilities, separate staff change rooms and storage area. The property is enclosed with electric gates, and parking. The location is ideal for a country retreat, private events or a private family estate.
This unique property comprises of 7 suites, plus one additional two bedroom apartment. The property is built on two levels, with a basement for the leasure areas, all bedrooms on one level and the exterior equipped with salt water swimming pool, a large plot surrounded by nature, fruit trees and vegetable garden. The property also has an elevator, a fully equipped professional kitchen, a restaurant with a capacity to serve 150 people, games room, wine cellar and roof top lounge with panoramic vews to the coastline and country. The property is equipped with air conditioning / heating in each room, plasma tv and safe, and private gardens in each suite. There is also a social area with surround sound system, fireplace, and an additional bbq area, professional laundry facilities, separate staff change rooms and storage area. The property is enclosed with electric gates, and parking. The location is ideal for a country retreat, private events or a private family estate.
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Currency Exchange
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 €2,295,000 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 |
|---|---|---|---|
| €2,295,000 | £1,952,334 | £2,011,659 | £59,326 |
| Property Price € | €2,295,000 |
| Minimum cost in the last six months | £1,952,334 |
| Maximum cost in the last six months | £2,011,659 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £59,326 |
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 €2,295,000 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 |
|---|---|---|---|
| €2,295,000 | £1,952,334 | £2,011,659 | £59,326 |
| Property Price € | €2,295,000 |
| Minimum cost in the last six months | £1,952,334 |
| Maximum cost in the last six months | £2,011,659 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £59,326 |
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 £59,326 more.
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