Two bedroom villa with garage in quiet area

Albufeira, Faro, Portugal, 8200-410

For Sale

€350,000

REF: 787204 €350,000


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Description

Two bedroom villa located in a lovely location between Albufeira and Guia, offers extraordinary potential to be transformed into a cozy home in a tranquil area. Built in the 80s, this small-sized property is a blank canvas waiting to be transformed with a touch of creativity and dedication. Upon entering, visitors are greeted by a hallway leading to the various rooms of the house.

Two small bedrooms provide space to accommodate family or guests, while a full bathroom caters to daily needs. The living room, though modest in size, will provide a cozy atmosphere to relax and unwind. The adjacent kitchen has direct access to the outdoors. A distinctive feature of this property is its separate garage, offering space for secure parking or storage.

Additionally, a rooftop terrace provides partial sea views, inviting moments of outdoor relaxation. It is important to note that the house requires renovation to reach its full potential. From upgrades to aesthetic renovations, there is room for personal expression and the creation of a truly customised environment. The strategic location of this property, just a few kilometres from the coast, offers convenient access to a plethora of amenities, including stunning beaches, restaurants, and diverse entertainment options. In summary, this house presents a unique opportunity for visionary investors and renovation enthusiasts to turn a modest house into a cozy home, reflecting their style and personality. With a prime location and unlimited potential, this property is a blank canvas waiting to be filled with vision and creativity.
Two bedroom villa located in a lovely location between Albufeira and Guia, offers extraordinary potential to be transformed into a cozy home in a tranquil area. Built in the 80s, this small-sized property is a blank canvas waiting to be transformed with a touch of creativity and dedication. Upon entering, visitors are greeted by a hallway leading to the various rooms of the house.

Two small bedrooms provide space to accommodate family or guests, while a full bathroom caters to daily needs. The living room, though modest in size, will provide a cozy atmosphere to relax and unwind. The adjacent kitchen has direct access to the outdoors. A distinctive feature of this property is its separate garage, offering space for secure parking or storage.

Additionally, a rooftop terrace provides partial sea views, inviting moments of outdoor relaxation. It is important to note that the house requires renovation to reach its full potential. From upgrades to aesthetic renovations, there is room for personal expression and the creation of a truly customised environment. The strategic location of this property, just a few kilometres from the coast, offers convenient access to a plethora of amenities, including stunning beaches, restaurants, and diverse entertainment options. In summary, this house presents a unique opportunity for visionary investors and renovation enthusiasts to turn a modest house into a cozy home, reflecting their style and personality. With a prime location and unlimited potential, this property is a blank canvas waiting to be filled with vision and creativity.
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Property on Map

#CN10250

Currency Exchange

Albufeira, Faro, Portugal, 8200-410

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 €350,000 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
€350,000 £297,742 £306,789 £9,048
Property Price € €350,000
Minimum cost in the last six months £297,742
Maximum cost in the last six months £306,789
Fluctuating exchange rates over the last six months could have increased the cost of this property by £9,048

Albufeira, Faro, Portugal, 8200-410

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 €350,000 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
€350,000 £297,742 £306,789 £9,048
Property Price € €350,000
Minimum cost in the last six months £297,742
Maximum cost in the last six months £306,789
Fluctuating exchange rates over the last six months could have increased the cost of this property by £9,048

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 £9,048 more.

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