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Contemporary house, 4bedroom with swimming pool, for sale Ferragudo, Algarve
Lagoa, Portugal
REF: 814728
€735,000
Description
With proximity to both Portim o and the charming fishing village of Ferragudo, the area is ideal for permanent living. Here you can enjoy beautiful beaches, charming restaurants with culinary dishes and lively bars during high season combined with calm life in the residential area of Bela Vista. The elegant and modern M4, modern design villa consists of two floors, on the ground floor you will find a closed garage for 1 car, but with outdoor space for another. You enter a bright hall with a storage room and a bathroom. A spacious open-plan living room and kitchen runs along the side of the house. On the ground floor there is also a laundry room and one of the bedrooms that can also be used as an office. Upstairs is the master bedroom with dressing room and private bathroom. Two further bedrooms with a shared family bathroom are on this floor. All three bedrooms have access to a spacious balcony that stretches along the entire side of the property overlooking the pool and garden area. The plot is a total of 441 square meters with a garden stretching across three sides of the villa. Here you have plenty of space to enjoy the lovely Algarve climate and cool off in the private pool.
With proximity to both Portim o and the charming fishing village of Ferragudo, the area is ideal for permanent living. Here you can enjoy beautiful beaches, charming restaurants with culinary dishes and lively bars during high season combined with calm life in the residential area of Bela Vista. The elegant and modern M4, modern design villa consists of two floors, on the ground floor you will find a closed garage for 1 car, but with outdoor space for another. You enter a bright hall with a storage room and a bathroom. A spacious open-plan living room and kitchen runs along the side of the house. On the ground floor there is also a laundry room and one of the bedrooms that can also be used as an office. Upstairs is the master bedroom with dressing room and private bathroom. Two further bedrooms with a shared family bathroom are on this floor. All three bedrooms have access to a spacious balcony that stretches along the entire side of the property overlooking the pool and garden area. The plot is a total of 441 square meters with a garden stretching across three sides of the villa. Here you have plenty of space to enjoy the lovely Algarve climate and cool off in the private pool.
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Currency Exchange
Lagoa, 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 €735,000 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 |
|---|---|---|---|
| €735,000 | £625,257 | £644,257 | £19,000 |
| Property Price € | €735,000 |
| Minimum cost in the last six months | £625,257 |
| Maximum cost in the last six months | £644,257 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,000 |
Lagoa, 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 €735,000 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 |
|---|---|---|---|
| €735,000 | £625,257 | £644,257 | £19,000 |
| Property Price € | €735,000 |
| Minimum cost in the last six months | £625,257 |
| Maximum cost in the last six months | £644,257 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,000 |
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 £19,000 more.
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