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Sea View 1 Bedroom Villa For Sale in Salema
Vila do Bispo, Faro, Portugal, 8650-199
REF: 751638
€650,000
Description
This charming one bedroom villa is for sale in the tranquil coastal village of Salema, which is situated in the municipality of Vila do Bispo. The property is surrounded by lush greenery, offers beautiful sea views and is ideally located within a short walking distance from all necessary amenities and the stunning beach of Salema. Upon entrance, you ll be welcomed by a living/dining area designed in open plan with a bright kitchen. The villa also boasts one spacious bedroom with an en-suite b.. This charming one bedroom villa is for sale in the tranquil coastal village of Salema, which is situated in the municipality of Vila do Bispo. Built in 1993, the property is surrounded by lush greenery, offers beautiful sea views and is ideally located within a short walking distance from all necessary amenities and the stunning beach of Salema.
Upon entering, you ll be welcomed by a living/dining area designed in open plan with a bright kitchen. The villa also boasts one spacious bedroom with an en-suite bathroom and a large garage that provides ample storage space. The property sits on a sizeable plot of 1,525m2, complete with fruit trees, an abundance of space and serene countryside views.
Located just a mere seven-minute walk from the heart of Salema, the villa is conveniently close to a wide range of amenities such as restaurants, local markets and shops. This feature makes it an ideal investment opportunity for anyone looking to relocate to the Algarve or even to make a rental investment.
Salema is becoming an increasingly popular tourist destination, due to its secluded location, natural beauty and stunning, clearwater beach. It is also within close proximity to Vila do Bispo, a charming town filled with traditional Portuguese houses and touristic sightseeing spots.
This charming one bedroom villa is for sale in the tranquil coastal village of Salema, which is situated in the municipality of Vila do Bispo. The property is surrounded by lush greenery, offers beautiful sea views and is ideally located within a short walking distance from all necessary amenities and the stunning beach of Salema. Upon entrance, you ll be welcomed by a living/dining area designed in open plan with a bright kitchen. The villa also boasts one spacious bedroom with an en-suite b.. This charming one bedroom villa is for sale in the tranquil coastal village of Salema, which is situated in the municipality of Vila do Bispo. Built in 1993, the property is surrounded by lush greenery, offers beautiful sea views and is ideally located within a short walking distance from all necessary amenities and the stunning beach of Salema.
Upon entering, you ll be welcomed by a living/dining area designed in open plan with a bright kitchen. The villa also boasts one spacious bedroom with an en-suite bathroom and a large garage that provides ample storage space. The property sits on a sizeable plot of 1,525m2, complete with fruit trees, an abundance of space and serene countryside views.
Located just a mere seven-minute walk from the heart of Salema, the villa is conveniently close to a wide range of amenities such as restaurants, local markets and shops. This feature makes it an ideal investment opportunity for anyone looking to relocate to the Algarve or even to make a rental investment.
Salema is becoming an increasingly popular tourist destination, due to its secluded location, natural beauty and stunning, clearwater beach. It is also within close proximity to Vila do Bispo, a charming town filled with traditional Portuguese houses and touristic sightseeing spots.
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Currency Exchange
Vila do Bispo, Faro, Portugal, 8650-199
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 €650,000 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 |
|---|---|---|---|
| €650,000 | £552,949 | £569,751 | £16,803 |
| Property Price € | €650,000 |
| Minimum cost in the last six months | £552,949 |
| Maximum cost in the last six months | £569,751 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,803 |
Vila do Bispo, Faro, Portugal, 8650-199
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 €650,000 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 |
|---|---|---|---|
| €650,000 | £552,949 | £569,751 | £16,803 |
| Property Price € | €650,000 |
| Minimum cost in the last six months | £552,949 |
| Maximum cost in the last six months | £569,751 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,803 |
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 £16,803 more.
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