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Magnificent traditional Algarve villa in Santa Bárbara de Nexe with sea views, set in a plot of 2480m2, allowing privacy, peace and space
Faro, Faro, Portugal
REF: 721968
€549,000
Description
Magnificent traditional Algarve villa in Santa Bárbara de Nexe with sea views, set in a plot of 2480m2, allowing privacy, peace and space. This villa has a large living room with fireplace, flanked by an office/reading room and access to a fantastic terrace with sea views, equipped with a barbecue area. On the same floor there is also a dining room, a kitchen with access to a terrace with a wood oven, a small room to support the kitchen and a bedroom in suite. On a second floor, it currently has 4 bedrooms and a bathroom. One of the bedrooms has a walking closet. The villa also has a generous roof terrace/terrace with sea and mountain views, a porch on the ground for cars and a wooden swimming pool surrounded by a garden. The entire property is fenced and in addition to the solar panel for water heating, it has two alarm systems, double glazing, air conditioning in all rooms (except one bedroom) and mains water and borehole water as well. For more information please contact. #ref: 101462
Magnificent traditional Algarve villa in Santa Bárbara de Nexe with sea views, set in a plot of 2480m2, allowing privacy, peace and space. This villa has a large living room with fireplace, flanked by an office/reading room and access to a fantastic terrace with sea views, equipped with a barbecue area. On the same floor there is also a dining room, a kitchen with access to a terrace with a wood oven, a small room to support the kitchen and a bedroom in suite. On a second floor, it currently has 4 bedrooms and a bathroom. One of the bedrooms has a walking closet. The villa also has a generous roof terrace/terrace with sea and mountain views, a porch on the ground for cars and a wooden swimming pool surrounded by a garden. The entire property is fenced and in addition to the solar panel for water heating, it has two alarm systems, double glazing, air conditioning in all rooms (except one bedroom) and mains water and borehole water as well. For more information please contact. #ref: 101462
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Currency Exchange
Faro, 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 €549,000 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 |
|---|---|---|---|
| €549,000 | £467,029 | £481,220 | £14,192 |
| Property Price € | €549,000 |
| Minimum cost in the last six months | £467,029 |
| Maximum cost in the last six months | £481,220 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,192 |
Faro, 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 €549,000 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 |
|---|---|---|---|
| €549,000 | £467,029 | £481,220 | £14,192 |
| Property Price € | €549,000 |
| Minimum cost in the last six months | £467,029 |
| Maximum cost in the last six months | £481,220 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,192 |
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 £14,192 more.
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