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Family house with 3 bedrooms in suite and garage - Portimão
Portimão, Faro, Portugal, 8500-521
REF: 797189
€375,000
Description
Single-family house consisting of 3 en-suite bedrooms, with built-in wardrobes all in solid wood, contemporary design, one of the bedrooms has a closet hidden by a sliding wardrobe door, with plenty of storage. Consisting of a large living room with kitchenette, quality appliances ready for debut, with plenty of natural light, guest bathroom, 3 en-suite bedrooms, covered in solid wood, a closet with plenty of storage, a spacious, quiet outdoor terrace, 2 video intercoms for the comfort of the owners and a spacious garage with direct entrance to the house, as well as space with access to the outside, to place a barbeque if desired. The entire house was restored from scratch and remodeled with high quality coatings, all rooms are equipped with air conditioning and a solar panel, to reduce energy costs. Very well located, close to the center and easy access to the city's main roads.
Single-family house consisting of 3 en-suite bedrooms, with built-in wardrobes all in solid wood, contemporary design, one of the bedrooms has a closet hidden by a sliding wardrobe door, with plenty of storage. Consisting of a large living room with kitchenette, quality appliances ready for debut, with plenty of natural light, guest bathroom, 3 en-suite bedrooms, covered in solid wood, a closet with plenty of storage, a spacious, quiet outdoor terrace, 2 video intercoms for the comfort of the owners and a spacious garage with direct entrance to the house, as well as space with access to the outside, to place a barbeque if desired. The entire house was restored from scratch and remodeled with high quality coatings, all rooms are equipped with air conditioning and a solar panel, to reduce energy costs. Very well located, close to the center and easy access to the city's main roads.
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Currency Exchange
Portimão, Faro, Portugal, 8500-521
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 €375,000 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 |
|---|---|---|---|
| €375,000 | £319,009 | £328,703 | £9,694 |
| Property Price € | €375,000 |
| Minimum cost in the last six months | £319,009 |
| Maximum cost in the last six months | £328,703 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,694 |
Portimão, Faro, Portugal, 8500-521
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 €375,000 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 |
|---|---|---|---|
| €375,000 | £319,009 | £328,703 | £9,694 |
| Property Price € | €375,000 |
| Minimum cost in the last six months | £319,009 |
| Maximum cost in the last six months | £328,703 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,694 |
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 £9,694 more.
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