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Substantial 5 bedrooms villa with swimming pool for sale near Porches, Algarve
Lagoa, Portugal
REF: 738841
€1,550,000
Description
The access to this small estate is through a long cobbled stone drive lined with almond and pine trees. This villa has two levels, on the g/f 1 bedroom & an office (used as bedroom) sharing a bathroom, a 3rd ensuite bedroom converted partly from the current garage , a large living room with fireplace, modern kitchen and separate utility room; on the 1st floor there are 4 bedrooms, one of them is a king suite, sharing 2 full bathroom and a shower room. Outside we find a private and peaceful garden, with water fall feature and a small 70 cm deep pool plus a main 8x8 m swimming pool, both heated by solar panels. There is a barbecue and a bar by the pool to invite alfresco dining . There is a garage and a lot of secured off road parking. Located in a rural environment however just a few minutes drive to the coast, international school of Porches and golf courses A beautiful property suitable for a big family permanent home as well as for B&B investment with high yield. Furthermore for those who want to work from home, there is now fiber internet fast internet connection available.
The access to this small estate is through a long cobbled stone drive lined with almond and pine trees. This villa has two levels, on the g/f 1 bedroom & an office (used as bedroom) sharing a bathroom, a 3rd ensuite bedroom converted partly from the current garage , a large living room with fireplace, modern kitchen and separate utility room; on the 1st floor there are 4 bedrooms, one of them is a king suite, sharing 2 full bathroom and a shower room. Outside we find a private and peaceful garden, with water fall feature and a small 70 cm deep pool plus a main 8x8 m swimming pool, both heated by solar panels. There is a barbecue and a bar by the pool to invite alfresco dining . There is a garage and a lot of secured off road parking. Located in a rural environment however just a few minutes drive to the coast, international school of Porches and golf courses A beautiful property suitable for a big family permanent home as well as for B&B investment with high yield. Furthermore for those who want to work from home, there is now fiber internet fast internet connection available.
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Currency Exchange
Lagoa, 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 €1,550,000 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 |
|---|---|---|---|
| €1,550,000 | £1,318,570 | £1,358,637 | £40,068 |
| Property Price € | €1,550,000 |
| Minimum cost in the last six months | £1,318,570 |
| Maximum cost in the last six months | £1,358,637 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £40,068 |
Lagoa, 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 €1,550,000 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 |
|---|---|---|---|
| €1,550,000 | £1,318,570 | £1,358,637 | £40,068 |
| Property Price € | €1,550,000 |
| Minimum cost in the last six months | £1,318,570 |
| Maximum cost in the last six months | £1,358,637 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £40,068 |
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 £40,068 more.
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