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Traditional V3+2 Villa in the heart of Galé close to beaches, amenities and Golf
Albufeira, Faro, Portugal, 8200-428
REF: 740995
€895,000
Description
Close to the town of Galé, this traditionally designed detached V3+2 villa is within a short walk of the beach and enjoys a peaceful position within a residential neighbourhood. With a heated pool, garden, and charming features, this spacious yet cosy property is ideal for permanent residence or holiday letting, subject to AL licensing. This detached residence is centrally located in the village of Galé, close to the beach and within a short walk of excellent restaurants, bars and shops. Occupying a prominent position within a residential neighbourhood, this Moorish-style villa enjoys a large, heated swimming pool, manageable mature gardens, and excellent sun exposure.
There€™s plenty of outdoor terrace space with a brick-built BBQ and large dining area, doors lead to the living room and kitchen.
Internally, there€™s a large living / dining room with fireplace, double timber French doors leading to the terrace, and a turning staircase to floor one. Also on the ground floor are a fully equipped kitchen, pantry and two excellent ensuite bedrooms, plus a further family shower /powder room.
On the first floor is a further ensuite bedroom with an excellent sun terrace, plus a library with an open fireplace that is currently used as a bedroom also enjoying balcony access with some sea views.
The current owners utilise the garage space as a guest bedroom, although this may be reverted to its original use.
This residence would benefit from some personalization and limited renovation reflective of its charm and character, but it would also make a very liveable home.
Close to the town of Galé, this traditionally designed detached V3+2 villa is within a short walk of the beach and enjoys a peaceful position within a residential neighbourhood. With a heated pool, garden, and charming features, this spacious yet cosy property is ideal for permanent residence or holiday letting, subject to AL licensing. This detached residence is centrally located in the village of Galé, close to the beach and within a short walk of excellent restaurants, bars and shops. Occupying a prominent position within a residential neighbourhood, this Moorish-style villa enjoys a large, heated swimming pool, manageable mature gardens, and excellent sun exposure.
There€™s plenty of outdoor terrace space with a brick-built BBQ and large dining area, doors lead to the living room and kitchen.
Internally, there€™s a large living / dining room with fireplace, double timber French doors leading to the terrace, and a turning staircase to floor one. Also on the ground floor are a fully equipped kitchen, pantry and two excellent ensuite bedrooms, plus a further family shower /powder room.
On the first floor is a further ensuite bedroom with an excellent sun terrace, plus a library with an open fireplace that is currently used as a bedroom also enjoying balcony access with some sea views.
The current owners utilise the garage space as a guest bedroom, although this may be reverted to its original use.
This residence would benefit from some personalization and limited renovation reflective of its charm and character, but it would also make a very liveable home.
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Currency Exchange
Albufeira, Faro, Portugal, 8200-428
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 €895,000 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 |
|---|---|---|---|
| €895,000 | £761,368 | £784,503 | £23,136 |
| Property Price € | €895,000 |
| Minimum cost in the last six months | £761,368 |
| Maximum cost in the last six months | £784,503 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £23,136 |
Albufeira, Faro, Portugal, 8200-428
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 €895,000 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 |
|---|---|---|---|
| €895,000 | £761,368 | £784,503 | £23,136 |
| Property Price € | €895,000 |
| Minimum cost in the last six months | £761,368 |
| Maximum cost in the last six months | £784,503 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £23,136 |
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 £23,136 more.
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