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Charming 5 bedroom villa with private pool for sale in Serra e Mar, Portimao
Portimão, Portugal
REF: 816891
€1,390,000
Description
Bungalow style property located in a peaceful urbanization near Alvor. This property is a charming one level house with all the conforts, renovated in 2022. From the main entrance, the spacious hall leads forward to the living area with fireplace, and 3 en-suite bedrooms to the left side. The modern bright kitchen is to the right side of the living area, it has a separate laundry room and access to the patio. Past the living area, there is a separate TV room, following onto the master bedroom. There is also an additional room / office from the master bedroom. From the terrace and swimming pool area, there is an additional guest bedroom with private shower room. The exterior is composed of a fully private swimming pool and mature landscaped garden. The property has two garages, solar panels, alarm system, electric pergola, automatic irrigation, security camaras, plenty of sitting areas by the pool area and al-fresco dining, and a well maintained garden. This is an ideal family home, with excellent access to the town, hospital, golf and beaches.
Bungalow style property located in a peaceful urbanization near Alvor. This property is a charming one level house with all the conforts, renovated in 2022. From the main entrance, the spacious hall leads forward to the living area with fireplace, and 3 en-suite bedrooms to the left side. The modern bright kitchen is to the right side of the living area, it has a separate laundry room and access to the patio. Past the living area, there is a separate TV room, following onto the master bedroom. There is also an additional room / office from the master bedroom. From the terrace and swimming pool area, there is an additional guest bedroom with private shower room. The exterior is composed of a fully private swimming pool and mature landscaped garden. The property has two garages, solar panels, alarm system, electric pergola, automatic irrigation, security camaras, plenty of sitting areas by the pool area and al-fresco dining, and a well maintained garden. This is an ideal family home, with excellent access to the town, hospital, golf and beaches.
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Currency Exchange
Portimão, 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 €1,390,000 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 |
|---|---|---|---|
| €1,390,000 | £1,182,459 | £1,216,848 | £34,389 |
| Property Price € | €1,390,000 |
| Minimum cost in the last six months | £1,182,459 |
| Maximum cost in the last six months | £1,216,848 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £34,389 |
Portimão, 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 €1,390,000 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 |
|---|---|---|---|
| €1,390,000 | £1,182,459 | £1,216,848 | £34,389 |
| Property Price € | €1,390,000 |
| Minimum cost in the last six months | £1,182,459 |
| Maximum cost in the last six months | £1,216,848 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £34,389 |
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 £34,389 more.
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