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Fantastic 5 bedroom villa located in the heart of Olhão
Olhão, Faro, Portugal
REF: 667603
€500,000
Description
Fantastic 5 bedroom villa located in the heart of Olhão. A stone's throw from schools, health center, shopping, supermarket and all the essentials of everyday life. In a residential and quiet area is just 10 minutes drive from Faro airport. It is the perfect location for a family who wants to make a quiet and peaceful life and without using any means of transport to move around within the city. This bright villa has on the ground floor with a large kitchen with pantry, also has a living room / dining room - both divisions give access to a spacious patio where you can count on a barbecue, ideal for enjoying pleasant moments with family. Still on the ground floor there is a bedroom with built-in closet, a bathroom, a garage and a small front yard. On the first floor there is a master suite with a bathroom with bathtub, closet, and a spacious balcony. There are, also, on this floor two more bedrooms with built-in closets and another bathroom (independent). On the second floor there is also a suite (with built-in closets) that gives access to a terrace with a wonderful view over the city. Finally, there is still a very large basement with a bathroom that allows you to spend good moments with your family and friends without having to use the other floors. All the areas of the house are very generous. The house is twinned on one side only. Don't hesitate, contact me and come see your next home! #ref: 91890
Fantastic 5 bedroom villa located in the heart of Olhão. A stone's throw from schools, health center, shopping, supermarket and all the essentials of everyday life. In a residential and quiet area is just 10 minutes drive from Faro airport. It is the perfect location for a family who wants to make a quiet and peaceful life and without using any means of transport to move around within the city. This bright villa has on the ground floor with a large kitchen with pantry, also has a living room / dining room - both divisions give access to a spacious patio where you can count on a barbecue, ideal for enjoying pleasant moments with family. Still on the ground floor there is a bedroom with built-in closet, a bathroom, a garage and a small front yard. On the first floor there is a master suite with a bathroom with bathtub, closet, and a spacious balcony. There are, also, on this floor two more bedrooms with built-in closets and another bathroom (independent). On the second floor there is also a suite (with built-in closets) that gives access to a terrace with a wonderful view over the city. Finally, there is still a very large basement with a bathroom that allows you to spend good moments with your family and friends without having to use the other floors. All the areas of the house are very generous. The house is twinned on one side only. Don't hesitate, contact me and come see your next home! #ref: 91890
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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 €500,000 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 |
|---|---|---|---|
| €500,000 | £425,345 | £438,245 | £12,900 |
| Property Price € | €500,000 |
| Minimum cost in the last six months | £425,345 |
| Maximum cost in the last six months | £438,245 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,900 |
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 €500,000 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 |
|---|---|---|---|
| €500,000 | £425,345 | £438,245 | £12,900 |
| Property Price € | €500,000 |
| Minimum cost in the last six months | £425,345 |
| Maximum cost in the last six months | £438,245 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,900 |
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 £12,900 more.
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