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T4 Country house with Annex in Algoz
Silves, Faro, Portugal
REF: 751487
€620,000
Description
Algoz is a charming town in the center of the Algarve, known for its beautiful orange groves and rustic countryside. With traditional restaurants and cafes, it is the perfect destination for those looking for a relaxed and authentic Portuguese experience. Property description
Beautiful villa located in a rural area, with good access 10 minutes from Albufeira and the beautiful beaches of Albufeira. This villa is set on a 4200m2 plot, flat and very easy to maintain. With a lot of privacy, it consists of 3 bedrooms, 2 bathrooms, a spacious kitchen and living room area with more than 50m2, entrance hall and office. Attached to the house there is also an annex with kitchen, bedroom, and bathroom. The villa is also composed of a shed with barbecue that gives to the pool area with 6x12 meters plus children's pool. Next to the pool there is an annex for storage. The area surrounding the house is very well maintained with trees and native plants. The remaining area is easy to maintain and clean. It has a borehole and 3 septic tanks.
Algoz is a charming town in the center of the Algarve, known for its beautiful orange groves and rustic countryside. With traditional restaurants and cafes, it is the perfect destination for those looking for a relaxed and authentic Portuguese experience. Property description
Beautiful villa located in a rural area, with good access 10 minutes from Albufeira and the beautiful beaches of Albufeira. This villa is set on a 4200m2 plot, flat and very easy to maintain. With a lot of privacy, it consists of 3 bedrooms, 2 bathrooms, a spacious kitchen and living room area with more than 50m2, entrance hall and office. Attached to the house there is also an annex with kitchen, bedroom, and bathroom. The villa is also composed of a shed with barbecue that gives to the pool area with 6x12 meters plus children's pool. Next to the pool there is an annex for storage. The area surrounding the house is very well maintained with trees and native plants. The remaining area is easy to maintain and clean. It has a borehole and 3 septic tanks.
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Currency Exchange
Silves, 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 €620,000 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 |
|---|---|---|---|
| €620,000 | £527,428 | £543,455 | £16,027 |
| Property Price € | €620,000 |
| Minimum cost in the last six months | £527,428 |
| Maximum cost in the last six months | £543,455 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,027 |
Silves, 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 €620,000 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 |
|---|---|---|---|
| €620,000 | £527,428 | £543,455 | £16,027 |
| Property Price € | €620,000 |
| Minimum cost in the last six months | £527,428 |
| Maximum cost in the last six months | £543,455 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,027 |
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 £16,027 more.
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