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Charming 3-Bedroom House in the Heart of the Algarve Hills – Alto Fica, Benafim If you're looking for peace, nature, and a privileged location, this is the perfect opportunity! ⚠️ Important Note This property is not eligible for bank financing
Loulé, Faro, Portugal
REF: 892075
€250,000
Description
Charming 3-Bedroom House in the Heart of the Algarve Hills – Alto Fica, Benafim If you're looking for peace, nature, and a privileged location, this is the perfect opportunity! ⚠️ Important Note This property is not eligible for bank financing. Purchase must be made entirely with own funds. Located in Alto Fica – Benafim, this delightful semi-detached 3-bedroom house is the ideal place to create and cherish unforgettable memories. Just 12 minutes from the prestigious Quinta da Ombria (Tôr), this property offers the perfect balance between countryside charm and proximity to key Algarve destinations. Property Layout Ground Floor: 3 cozy bedrooms 1 spacious bathroom Storage room/pantry First Floor: Open-plan kitchen and living/dining area Balcony with breathtaking views of the hills Exterior Private courtyard with parking for two vehicles Water cistern Septic tank system Technical Details Plot size: 574 m² Gross built area: 90 m² Year of construction: 1999 Energy rating: E Bedrooms: 3 Bathrooms: 1 Prime Location 5 km from Benafim 9 km from Quinta da Ombria and Quinta da Tôr 15 km from Loulé 22 km from MAR Shopping Algarve 33 km from Faro Airport and Gambelas Hospital Ideal for Permanent Living or Investment Set in a peaceful and unique area of the Algarve hills, this property is perfect as a main residence, holiday retreat, or rural tourism investment. Don't Miss Out! Book your visit today and come be amazed by this hidden gem in the Algarve! #ref: 126447
Charming 3-Bedroom House in the Heart of the Algarve Hills – Alto Fica, Benafim If you're looking for peace, nature, and a privileged location, this is the perfect opportunity! ⚠️ Important Note This property is not eligible for bank financing. Purchase must be made entirely with own funds. Located in Alto Fica – Benafim, this delightful semi-detached 3-bedroom house is the ideal place to create and cherish unforgettable memories. Just 12 minutes from the prestigious Quinta da Ombria (Tôr), this property offers the perfect balance between countryside charm and proximity to key Algarve destinations. Property Layout Ground Floor: 3 cozy bedrooms 1 spacious bathroom Storage room/pantry First Floor: Open-plan kitchen and living/dining area Balcony with breathtaking views of the hills Exterior Private courtyard with parking for two vehicles Water cistern Septic tank system Technical Details Plot size: 574 m² Gross built area: 90 m² Year of construction: 1999 Energy rating: E Bedrooms: 3 Bathrooms: 1 Prime Location 5 km from Benafim 9 km from Quinta da Ombria and Quinta da Tôr 15 km from Loulé 22 km from MAR Shopping Algarve 33 km from Faro Airport and Gambelas Hospital Ideal for Permanent Living or Investment Set in a peaceful and unique area of the Algarve hills, this property is perfect as a main residence, holiday retreat, or rural tourism investment. Don't Miss Out! Book your visit today and come be amazed by this hidden gem in the Algarve! #ref: 126447
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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 €250,000 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 |
|---|---|---|---|
| €250,000 | £205,975 | £217,023 | £11,048 |
| Property Price € | €250,000 |
| Minimum cost in the last six months | £205,975 |
| Maximum cost in the last six months | £217,023 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,048 |
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 €250,000 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 |
|---|---|---|---|
| €250,000 | £205,975 | £217,023 | £11,048 |
| Property Price € | €250,000 |
| Minimum cost in the last six months | £205,975 |
| Maximum cost in the last six months | £217,023 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,048 |
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 £11,048 more.
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