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T4 semi-detached house of 117m2 on a plot of 524m2, with views of Rio Arade and Serra de Monchique located in Bela Vista
Lagoa (Algarve), Faro, Portugal
REF: 812823
€425,000
Description
T4 semi-detached house of 117m2 on a plot of 524m2, with views of Rio Arade and Serra de Monchique located in Bela Vista. House with reversible air conditioning facing southeast, highlighting the large outdoor space, ideal for family life and leisure space. The property has excellent outdoor space allowing you to park your vehicles safely and with easy access. This house consists of three floors: basement, ground floor and 1st floor. On the ground floor you will find a spacious equipped kitchen, a living room, two bedrooms, one with a built-in wardrobe and a bathroom with shower. On the first floor you will find two bedrooms, one with a built-in wardrobe and a balcony overlooking the Arade River, the other with a terrace overlooking the Serra de Monchique. You have the possibility of transforming the terrace into a room. A bathroom with bathtub. In the basement we have a very large area where you can create a beautiful leisure space. You will find schools, local shops, banks, supermarkets and all types of services nearby. The house is located a 5-minute drive from the N125. The riverside area and the famous beaches of the Algarve are 5 minutes away. Don't miss this opportunity to live in the Algarve. Get in touch with me! About iad iad is an international real estate network and currently the largest real estate network operating in Europe with more than 20,000 consultants and 800,000 affiliates at our side in recommending properties. In the Algarve region, we have more than 200 consultants monitoring your projects. We share all our properties with all our colleagues. If you have a client who might be interested in this property, please don't hesitate to contact me. #ref: 116380
T4 semi-detached house of 117m2 on a plot of 524m2, with views of Rio Arade and Serra de Monchique located in Bela Vista. House with reversible air conditioning facing southeast, highlighting the large outdoor space, ideal for family life and leisure space. The property has excellent outdoor space allowing you to park your vehicles safely and with easy access. This house consists of three floors: basement, ground floor and 1st floor. On the ground floor you will find a spacious equipped kitchen, a living room, two bedrooms, one with a built-in wardrobe and a bathroom with shower. On the first floor you will find two bedrooms, one with a built-in wardrobe and a balcony overlooking the Arade River, the other with a terrace overlooking the Serra de Monchique. You have the possibility of transforming the terrace into a room. A bathroom with bathtub. In the basement we have a very large area where you can create a beautiful leisure space. You will find schools, local shops, banks, supermarkets and all types of services nearby. The house is located a 5-minute drive from the N125. The riverside area and the famous beaches of the Algarve are 5 minutes away. Don't miss this opportunity to live in the Algarve. Get in touch with me! About iad iad is an international real estate network and currently the largest real estate network operating in Europe with more than 20,000 consultants and 800,000 affiliates at our side in recommending properties. In the Algarve region, we have more than 200 consultants monitoring your projects. We share all our properties with all our colleagues. If you have a client who might be interested in this property, please don't hesitate to contact me. #ref: 116380
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Currency Exchange
Lagoa (Algarve), 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 €425,000 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 |
|---|---|---|---|
| €425,000 | £361,543 | £372,530 | £10,986 |
| Property Price € | €425,000 |
| Minimum cost in the last six months | £361,543 |
| Maximum cost in the last six months | £372,530 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,986 |
Lagoa (Algarve), 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 €425,000 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 |
|---|---|---|---|
| €425,000 | £361,543 | £372,530 | £10,986 |
| Property Price € | €425,000 |
| Minimum cost in the last six months | £361,543 |
| Maximum cost in the last six months | £372,530 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,986 |
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 £10,986 more.
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