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Come and discover this cozy villa located in a quiet area in Altura
Castro Marim, Faro, Portugal
REF: 742995
€590,000
Description
Come and discover this cozy villa located in a quiet area in Altura. The property offers the perfect balance between comfort and elegance with modern/rustic charm. For sale are two lots with 2 interconnected houses with the possibility of closing the common passage for those who want to make money from one of the houses. Renovated in 2020, the main house with 174 m2, offers a large kitchen equipped with appliances, flooded with natural light that highlights the beauty of the finishes, a pantry for storing food, a bedroom and a modern bathroom. On the upper floor we have three generously sized bedrooms with built-in wardrobes and a bathroom. We also have a small outdoor space with 63 m2, a garage with an electric gate and solar panels for water heating. In the second house with 80 m2, you can find a living room, a dining room and an office. On that side there is also a patio with 67 m2, with a pergola and barbecue where you can enjoy family moments after a trip to the beach. Double glazing provides thermal and acoustic comfort to the house, creating a pleasant environment in all seasons of the year. There is pre-installation of air conditioning and central vacuum. The villa is a 25-minute walk from the beach, 50 km from Faro Airport. Created in France in 2008, iad was born from an innovative model that expands the traditional concept of a real estate agency, promoting a close relationship between the consultant and the client. The success of the iad group is reflected in thousands of consultants, online properties and completed businesses. iad is a digital and dynamic real estate agency based on professionalism and transparency. As an independent real estate consultant, I have the autonomy to manage my schedule, guaranteeing you personalized support at every stage of the process and a quality service at the best price. For more information, contact us now. We look forward to presenting this magnificent property to you. #ref: 105411
Come and discover this cozy villa located in a quiet area in Altura. The property offers the perfect balance between comfort and elegance with modern/rustic charm. For sale are two lots with 2 interconnected houses with the possibility of closing the common passage for those who want to make money from one of the houses. Renovated in 2020, the main house with 174 m2, offers a large kitchen equipped with appliances, flooded with natural light that highlights the beauty of the finishes, a pantry for storing food, a bedroom and a modern bathroom. On the upper floor we have three generously sized bedrooms with built-in wardrobes and a bathroom. We also have a small outdoor space with 63 m2, a garage with an electric gate and solar panels for water heating. In the second house with 80 m2, you can find a living room, a dining room and an office. On that side there is also a patio with 67 m2, with a pergola and barbecue where you can enjoy family moments after a trip to the beach. Double glazing provides thermal and acoustic comfort to the house, creating a pleasant environment in all seasons of the year. There is pre-installation of air conditioning and central vacuum. The villa is a 25-minute walk from the beach, 50 km from Faro Airport. Created in France in 2008, iad was born from an innovative model that expands the traditional concept of a real estate agency, promoting a close relationship between the consultant and the client. The success of the iad group is reflected in thousands of consultants, online properties and completed businesses. iad is a digital and dynamic real estate agency based on professionalism and transparency. As an independent real estate consultant, I have the autonomy to manage my schedule, guaranteeing you personalized support at every stage of the process and a quality service at the best price. For more information, contact us now. We look forward to presenting this magnificent property to you. #ref: 105411
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Currency Exchange
Castro Marim, 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 €590,000 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 |
|---|---|---|---|
| €590,000 | £501,907 | £517,159 | £15,252 |
| Property Price € | €590,000 |
| Minimum cost in the last six months | £501,907 |
| Maximum cost in the last six months | £517,159 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,252 |
Castro Marim, 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 €590,000 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 |
|---|---|---|---|
| €590,000 | £501,907 | £517,159 | £15,252 |
| Property Price € | €590,000 |
| Minimum cost in the last six months | £501,907 |
| Maximum cost in the last six months | £517,159 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,252 |
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 £15,252 more.
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