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House with river view in Guerreiros do Rio, Alcoutim - Algarve
União das Freguesias de Alcoutim e Pereiro, Faro, Portugal
REF: 957828
€159,950
Description
House with river view in Guerreiros do Rio, Alcoutim - Algarve. House fully renovated and sold furnished. In the charming village of Guerreiros do Rio - Alcoutim, there is this fully equipped single-storey house, renovated in 2022. The Guadiana River is just a few metres from the property, as is the riverside area where there is a boat dock, small local shops and the village museum. In the surrounding area you will find several trails for walks and hikes, as well as several natural and tourist attractions that are worth visiting: the Odeleite dam, the village of Alcoutim, or further south the village of Castro Marim, the bridge that crosses the Guadiana River to Spain or the fine sand beaches of the closest municipalities of Castro Marim and Vila Real de Santo António. All this within 30 minutes or less by car. The typical village house design has been maintained in detail, with the traditional cane roof, the Algarve chimney, as well as the façade. Inside, modern details have been added to the house to provide all the necessary comfort: air conditioning, equipped kitchen and modern, comfortable and functional furniture. The house has a local accommodation license, making it an excellent investment for monetization or also for holidays or permanent housing. Upon entering the property, you will find the spacious living room with open plan kitchen fully equipped with top quality appliances. The room is at the highest point of the house, on a mezzanine, and has space and comfort. In the lower area of the house is the bathroom with shower and storage and laundry area. As the street where the house is located is only accessible to residents and pedestrians, outside you can place a table and chairs and enjoy meals with a view of the river and the village. The village faces east and overlooks Spain and the Guadiana River. If you are looking for peace and tranquility, with a privileged location, this could be the ideal house for you! Want to know more information? Contact us! - We assist in the entire purchase and sale process.
House with river view in Guerreiros do Rio, Alcoutim - Algarve. House fully renovated and sold furnished. In the charming village of Guerreiros do Rio - Alcoutim, there is this fully equipped single-storey house, renovated in 2022. The Guadiana River is just a few metres from the property, as is the riverside area where there is a boat dock, small local shops and the village museum. In the surrounding area you will find several trails for walks and hikes, as well as several natural and tourist attractions that are worth visiting: the Odeleite dam, the village of Alcoutim, or further south the village of Castro Marim, the bridge that crosses the Guadiana River to Spain or the fine sand beaches of the closest municipalities of Castro Marim and Vila Real de Santo António. All this within 30 minutes or less by car. The typical village house design has been maintained in detail, with the traditional cane roof, the Algarve chimney, as well as the façade. Inside, modern details have been added to the house to provide all the necessary comfort: air conditioning, equipped kitchen and modern, comfortable and functional furniture. The house has a local accommodation license, making it an excellent investment for monetization or also for holidays or permanent housing. Upon entering the property, you will find the spacious living room with open plan kitchen fully equipped with top quality appliances. The room is at the highest point of the house, on a mezzanine, and has space and comfort. In the lower area of the house is the bathroom with shower and storage and laundry area. As the street where the house is located is only accessible to residents and pedestrians, outside you can place a table and chairs and enjoy meals with a view of the river and the village. The village faces east and overlooks Spain and the Guadiana River. If you are looking for peace and tranquility, with a privileged location, this could be the ideal house for you! Want to know more information? Contact us! - We assist in the entire purchase and sale process.
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Currency Exchange
União das Freguesias de Alcoutim e Pereiro, 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 €159,950 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 |
|---|---|---|---|
| €159,950 | £131,783 | £138,851 | £7,068 |
| Property Price € | €159,950 |
| Minimum cost in the last six months | £131,783 |
| Maximum cost in the last six months | £138,851 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,068 |
União das Freguesias de Alcoutim e Pereiro, 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 €159,950 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 |
|---|---|---|---|
| €159,950 | £131,783 | £138,851 | £7,068 |
| Property Price € | €159,950 |
| Minimum cost in the last six months | £131,783 |
| Maximum cost in the last six months | £138,851 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,068 |
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 £7,068 more.
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