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ALBUFEIRA - OLD TOWN - VILLA -6 BEDROOMS
Albufeira, Algarve, Portugal
REF: 726978
€640,000
Description
Villa with an excellent location in the old center of Abufeira two minutes walk downtown and the beach.
Converted into local accommodation, hostel type, this villa has R / c 1 floor, 2 floor and terrace and is divided into several units: On the ground floor two bedroom apartment with bathroom
In the first 2 bedrooms with wc, and on the second floor a T0 and still a bedroom with wc.
It also features a machine room on the top terrace where a winch has been placed to carry bed linen and the.. Villa with an excellent location in the heart o f Albufeira's old town , and a very quick two minutes walk tothe famous Praia dos Pescadores .
Converted into a small hostel ,this typical portuguese house features is spread over three floor , plus rooftop terrace and has been divided into several units:
On the ground floor - a two bedroom, one bedroom unit
First floor - 2 bedrooms with wc.
Second floor - a self contained studio flat and a separate bedroom with own bathroom
It also features technical area/ room on the rooftop terrace where a winch has been placed to facilitate transport of bed linen and other heavy objects to the upper floors .
The house was refurbished eight years ago and the plumbing and electricity where redone, solar solar panels installed , as well as water heaters (on each floor).
This excellent business opportunity, ready to operate , is sold with furniture fittings , bed linen and all you need for a successful operation!|
Villa with an excellent location in the old center of Abufeira two minutes walk downtown and the beach.
Converted into local accommodation, hostel type, this villa has R / c 1 floor, 2 floor and terrace and is divided into several units: On the ground floor two bedroom apartment with bathroom
In the first 2 bedrooms with wc, and on the second floor a T0 and still a bedroom with wc.
It also features a machine room on the top terrace where a winch has been placed to carry bed linen and the.. Villa with an excellent location in the heart o f Albufeira's old town , and a very quick two minutes walk tothe famous Praia dos Pescadores .
Converted into a small hostel ,this typical portuguese house features is spread over three floor , plus rooftop terrace and has been divided into several units:
On the ground floor - a two bedroom, one bedroom unit
First floor - 2 bedrooms with wc.
Second floor - a self contained studio flat and a separate bedroom with own bathroom
It also features technical area/ room on the rooftop terrace where a winch has been placed to facilitate transport of bed linen and other heavy objects to the upper floors .
The house was refurbished eight years ago and the plumbing and electricity where redone, solar solar panels installed , as well as water heaters (on each floor).
This excellent business opportunity, ready to operate , is sold with furniture fittings , bed linen and all you need for a successful operation!|
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Currency Exchange
Albufeira, Algarve, 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 €640,000 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 |
|---|---|---|---|
| €640,000 | £544,442 | £560,986 | £16,544 |
| Property Price € | €640,000 |
| Minimum cost in the last six months | £544,442 |
| Maximum cost in the last six months | £560,986 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,544 |
Albufeira, Algarve, 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 €640,000 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 |
|---|---|---|---|
| €640,000 | £544,442 | £560,986 | £16,544 |
| Property Price € | €640,000 |
| Minimum cost in the last six months | £544,442 |
| Maximum cost in the last six months | £560,986 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,544 |
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 £16,544 more.
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