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We present this charming two-bedroom villa, private garden and swimming pool, located at the entrance to Sagres, a unique opportunity for those looking for comfort, tranquility and proximity to the sea
Vila do Bispo, Faro, Portugal
REF: 924715
€400,000
Description
We present this charming two-bedroom villa, private garden and swimming pool, located at the entrance to Sagres, a unique opportunity for those looking for comfort, tranquility and proximity to the sea. Comprising two very bright bedrooms with direct access to the garden and pool, the house offers the perfect balance between functionality and style. One of the bedrooms has a private bathroom and the other bathroom offers privacy for residents and visitors. The kitchen is fully equipped with built-in appliances. The room has lots of light and a pleasant view of the garden and pool. The exterior has a table, chairs and barbecue that provides a perfect atmosphere for conviviality. The house is located in a private condominium of 12 identical houses, where there are 2 outdoor parking spaces and a common laundry room. The location is interesting: within walking distance of the famous surf beaches and white sand beaches and also all essential amenities including shops, market, supermarket, cafes, bars, restaurants, pharmacy, school and bus stop. The condominium payment already includes the treatment of the private garden and pool. The house has AL (rentals Business) with a gross profitability of 10.5%. But if your intention are living all here, it is possible because the house is perfect for living all year. #ref: 133776
We present this charming two-bedroom villa, private garden and swimming pool, located at the entrance to Sagres, a unique opportunity for those looking for comfort, tranquility and proximity to the sea. Comprising two very bright bedrooms with direct access to the garden and pool, the house offers the perfect balance between functionality and style. One of the bedrooms has a private bathroom and the other bathroom offers privacy for residents and visitors. The kitchen is fully equipped with built-in appliances. The room has lots of light and a pleasant view of the garden and pool. The exterior has a table, chairs and barbecue that provides a perfect atmosphere for conviviality. The house is located in a private condominium of 12 identical houses, where there are 2 outdoor parking spaces and a common laundry room. The location is interesting: within walking distance of the famous surf beaches and white sand beaches and also all essential amenities including shops, market, supermarket, cafes, bars, restaurants, pharmacy, school and bus stop. The condominium payment already includes the treatment of the private garden and pool. The house has AL (rentals Business) with a gross profitability of 10.5%. But if your intention are living all here, it is possible because the house is perfect for living all year. #ref: 133776
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Currency Exchange
Vila do Bispo, 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 €400,000 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 |
|---|---|---|---|
| €400,000 | £329,560 | £347,236 | £17,676 |
| Property Price € | €400,000 |
| Minimum cost in the last six months | £329,560 |
| Maximum cost in the last six months | £347,236 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,676 |
Vila do Bispo, 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 €400,000 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 |
|---|---|---|---|
| €400,000 | £329,560 | £347,236 | £17,676 |
| Property Price € | €400,000 |
| Minimum cost in the last six months | £329,560 |
| Maximum cost in the last six months | £347,236 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,676 |
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 £17,676 more.
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