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Building | Mexilhoeira da Carregação
Lagoa, Faro, Portugal, 8400-126
REF: 966347
€450,000
Description
This two-storey building, located in Mexilhoeira da Carregação, offers an excellent investment opportunity, consisting of two T2 apartments and two commercial warehouses. The property is located in a central area of the town, close to all services and amenities, with easy access to public transport and main communication routes. Building Features: Floor 0 - Warehouses and Industrial activities: Two large warehouses, with great visibility to the street, ideal for different types of business. Each warehouse has a significant usable area, allowing the display of products or services. Excellent income potential, due to the movement of the area and the demand for commercial establishments in the region. 1st Floor - 2 bedroom apartment: A 2 bedroom apartment, with good space distribution. Composed of living room, kitchen, two bedrooms and bathroom with window. 1st Floor - 2 bedroom apartment: Another 2 bedroom apartment, with similar characteristics to the first, ideal for residence or rental. Composed of living room, kitchen, two bedrooms and bathroom with window. Other Features: Property with good sun exposure. Excellent profitability potential for both commercial warehouses and apartments. Excellent location. This is an ideal property for investors looking for a property with multiple sources of income or for those who want to live in a comfortable and dynamic location. Don't miss the opportunity to purchase this building in Mexilhoeira da Carregação. Additional information: KW Flash has at its disposal a Credit Intermediary authorized by Banco de Portugal. If you need financing, we can help! At KW Flash we share business with every real estate consultant or agency with an AMI license. We believe that together we can do more for our customers! If you are a professional in the sector and have a qualified client, contact me and schedule a visit.
This two-storey building, located in Mexilhoeira da Carregação, offers an excellent investment opportunity, consisting of two T2 apartments and two commercial warehouses. The property is located in a central area of the town, close to all services and amenities, with easy access to public transport and main communication routes. Building Features: Floor 0 - Warehouses and Industrial activities: Two large warehouses, with great visibility to the street, ideal for different types of business. Each warehouse has a significant usable area, allowing the display of products or services. Excellent income potential, due to the movement of the area and the demand for commercial establishments in the region. 1st Floor - 2 bedroom apartment: A 2 bedroom apartment, with good space distribution. Composed of living room, kitchen, two bedrooms and bathroom with window. 1st Floor - 2 bedroom apartment: Another 2 bedroom apartment, with similar characteristics to the first, ideal for residence or rental. Composed of living room, kitchen, two bedrooms and bathroom with window. Other Features: Property with good sun exposure. Excellent profitability potential for both commercial warehouses and apartments. Excellent location. This is an ideal property for investors looking for a property with multiple sources of income or for those who want to live in a comfortable and dynamic location. Don't miss the opportunity to purchase this building in Mexilhoeira da Carregação. Additional information: KW Flash has at its disposal a Credit Intermediary authorized by Banco de Portugal. If you need financing, we can help! At KW Flash we share business with every real estate consultant or agency with an AMI license. We believe that together we can do more for our customers! If you are a professional in the sector and have a qualified client, contact me and schedule a visit.
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Currency Exchange
Lagoa, Faro, Portugal, 8400-126
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 €450,000 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 |
|---|---|---|---|
| €450,000 | £370,755 | £390,641 | £19,886 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £370,755 |
| Maximum cost in the last six months | £390,641 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,886 |
Lagoa, Faro, Portugal, 8400-126
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 €450,000 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 |
|---|---|---|---|
| €450,000 | £370,755 | £390,641 | £19,886 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £370,755 |
| Maximum cost in the last six months | £390,641 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,886 |
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 £19,886 more.
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