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I'm pleased to present this charming traditional house, typically Algarvian, located in Almancil, in a quiet area just a few minutes' walk from the centre
Loulé, Faro, Portugal
REF: 821999
€271,000
Description
I'm pleased to present this charming traditional house, typically Algarvian, located in Almancil, in a quiet area just a few minutes' walk from the centre. With an area of 98m2, this house is set in a 425m2 plot of land, ideal for those looking for a restoration project. This property offers the opportunity to create the house of your dreams, while maintaining the charm and authenticity of traditional Algarve architecture. With a generous plot, there is room for a garden, a swimming pool or even an outdoor leisure space. The privileged location of this house allows you to enjoy the tranquillity of the area, while being just a few minutes' walk from the centre of Almancil, where you can find amenities, restaurants and services. Don't miss out on the opportunity to transform this traditional house into a true Algarve jewel. Get in touch for more information and to arrange a viewing. #ref: 118205
I'm pleased to present this charming traditional house, typically Algarvian, located in Almancil, in a quiet area just a few minutes' walk from the centre. With an area of 98m2, this house is set in a 425m2 plot of land, ideal for those looking for a restoration project. This property offers the opportunity to create the house of your dreams, while maintaining the charm and authenticity of traditional Algarve architecture. With a generous plot, there is room for a garden, a swimming pool or even an outdoor leisure space. The privileged location of this house allows you to enjoy the tranquillity of the area, while being just a few minutes' walk from the centre of Almancil, where you can find amenities, restaurants and services. Don't miss out on the opportunity to transform this traditional house into a true Algarve jewel. Get in touch for more information and to arrange a viewing. #ref: 118205
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Currency Exchange
Loulé, 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 €271,000 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 |
|---|---|---|---|
| €271,000 | £230,537 | £237,242 | £6,705 |
| Property Price € | €271,000 |
| Minimum cost in the last six months | £230,537 |
| Maximum cost in the last six months | £237,242 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,705 |
Loulé, 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 €271,000 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 |
|---|---|---|---|
| €271,000 | £230,537 | £237,242 | £6,705 |
| Property Price € | €271,000 |
| Minimum cost in the last six months | £230,537 |
| Maximum cost in the last six months | £237,242 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,705 |
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 £6,705 more.
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