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We present a beautiful traditional house located in Cerro Azul, a landmark urbanization a short distance from the city of Olhão! Located on a plot of land measuring 1,640 m2, the house has 320 m2 of construction area
Olhão, Faro, Portugal
REF: 964787
€785,000
Description
We present a beautiful traditional house located in Cerro Azul, a landmark urbanization a short distance from the city of Olhão! Located on a plot of land measuring 1,640 m2, the house has 320 m2 of construction area. Comprising 4 bedrooms, 3 bathrooms and excellent finishes. The ground floor: An entrance hall, bright and spacious living room with built-in fireplace and access to a covered terrace with fabulous views and access to the garden and swimming pool. Adjacent is a fully equipped quality kitchen with peninsula and spacious areas, and a laundry room. Outside there is a leisure area with barbecue, perfect for al fresco dining. 3 bedrooms, spacious and bright, with built-in wardrobes, one of them with a private bathroom. and the other two with a shared bathroom. First floor: 1 spacious suite with access to a wonderful terrace overlooking the garden and pool. Equipped with double glazing for excellent thermal and acoustic insulation, this house offers maximum comfort in all seasons. Tilt and turn windows ensure controlled ventilation and reinforce the property's energy efficiency. Electric blinds add a touch of modernity, practicality and safety to your everyday life. The gate is also electric. It has: An Ecoforest pellet fireplace, Underfloor heating and cooling (integrated with two Solius heat pumps). Solar Panels for heating water. Swimming pool with salt water system, equipped with cover, lighting and new pump, and also cleaning equipment/Hayward Wizard pool cleaning robot. In the storage room we have several pieces of equipment that are included: Karcher high pressure washer, industrial vacuum cleaner, dehumidifier, lawn mower, scarifier, and garden furniture. Located just a five minute drive from the village of Moncarapacho and the market town of Olhão with its famous fresh produce markets and ferry service to the islands of Armona, Culatra and Farol. 30 minutes from the airport by car. It benefits from easy access to main roads, shops, services and the stunning beaches of the Algarve. If you value quality of life, comfort and exclusivity, this is the ideal opportunity. Book your visit now and discover what makes this house so special. #ref: 141400
We present a beautiful traditional house located in Cerro Azul, a landmark urbanization a short distance from the city of Olhão! Located on a plot of land measuring 1,640 m2, the house has 320 m2 of construction area. Comprising 4 bedrooms, 3 bathrooms and excellent finishes. The ground floor: An entrance hall, bright and spacious living room with built-in fireplace and access to a covered terrace with fabulous views and access to the garden and swimming pool. Adjacent is a fully equipped quality kitchen with peninsula and spacious areas, and a laundry room. Outside there is a leisure area with barbecue, perfect for al fresco dining. 3 bedrooms, spacious and bright, with built-in wardrobes, one of them with a private bathroom. and the other two with a shared bathroom. First floor: 1 spacious suite with access to a wonderful terrace overlooking the garden and pool. Equipped with double glazing for excellent thermal and acoustic insulation, this house offers maximum comfort in all seasons. Tilt and turn windows ensure controlled ventilation and reinforce the property's energy efficiency. Electric blinds add a touch of modernity, practicality and safety to your everyday life. The gate is also electric. It has: An Ecoforest pellet fireplace, Underfloor heating and cooling (integrated with two Solius heat pumps). Solar Panels for heating water. Swimming pool with salt water system, equipped with cover, lighting and new pump, and also cleaning equipment/Hayward Wizard pool cleaning robot. In the storage room we have several pieces of equipment that are included: Karcher high pressure washer, industrial vacuum cleaner, dehumidifier, lawn mower, scarifier, and garden furniture. Located just a five minute drive from the village of Moncarapacho and the market town of Olhão with its famous fresh produce markets and ferry service to the islands of Armona, Culatra and Farol. 30 minutes from the airport by car. It benefits from easy access to main roads, shops, services and the stunning beaches of the Algarve. If you value quality of life, comfort and exclusivity, this is the ideal opportunity. Book your visit now and discover what makes this house so special. #ref: 141400
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Currency Exchange
Olhão, 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 €785,000 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 |
|---|---|---|---|
| €785,000 | £647,908 | £681,451 | £33,543 |
| Property Price € | €785,000 |
| Minimum cost in the last six months | £647,908 |
| Maximum cost in the last six months | £681,451 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £33,543 |
Olhão, 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 €785,000 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 |
|---|---|---|---|
| €785,000 | £647,908 | £681,451 | £33,543 |
| Property Price € | €785,000 |
| Minimum cost in the last six months | £647,908 |
| Maximum cost in the last six months | £681,451 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £33,543 |
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 £33,543 more.
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