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Contemporary house in a magnificent, gated complex of seven villas
Albufeira, Faro, Portugal
REF: 801898
€749,000
Description
Contemporary house in a magnificent, gated complex of seven villas. Recently built, with perfect finishings and interior layout. The ground floor comprises a large, light-filled living room opening onto a fully equipped kitchen with direct access to the terraces. A bedroom with access to the outside and a bathroom. Upstairs, a beautiful landing room leads to three bedrooms, each with its own bathroom and a small terrace. In the basement, you will appreciate the 80 m² of living space, with a laundry area and garage for several cars. Enjoy the terrace in front of the house, offering a lovely space for relaxing with a small swimming pool for cooling off, and also a rear terrace for family meals, with a barbecue area. The house is equipped with double glazing and reversible air conditioning. The outside areas are perfectly maintained and the co-ownership charges are very low (50). Ideally located near all amenities five minutes from Albufeira and three minutes from the beaches. #ref: 114261
Contemporary house in a magnificent, gated complex of seven villas. Recently built, with perfect finishings and interior layout. The ground floor comprises a large, light-filled living room opening onto a fully equipped kitchen with direct access to the terraces. A bedroom with access to the outside and a bathroom. Upstairs, a beautiful landing room leads to three bedrooms, each with its own bathroom and a small terrace. In the basement, you will appreciate the 80 m² of living space, with a laundry area and garage for several cars. Enjoy the terrace in front of the house, offering a lovely space for relaxing with a small swimming pool for cooling off, and also a rear terrace for family meals, with a barbecue area. The house is equipped with double glazing and reversible air conditioning. The outside areas are perfectly maintained and the co-ownership charges are very low (50). Ideally located near all amenities five minutes from Albufeira and three minutes from the beaches. #ref: 114261
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Currency Exchange
Albufeira, 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 €749,000 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 |
|---|---|---|---|
| €749,000 | £637,167 | £656,528 | £19,362 |
| Property Price € | €749,000 |
| Minimum cost in the last six months | £637,167 |
| Maximum cost in the last six months | £656,528 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,362 |
Albufeira, 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 €749,000 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 |
|---|---|---|---|
| €749,000 | £637,167 | £656,528 | £19,362 |
| Property Price € | €749,000 |
| Minimum cost in the last six months | £637,167 |
| Maximum cost in the last six months | £656,528 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,362 |
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 £19,362 more.
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