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We present this completely renovated property, located in the charming village of Castro Marim
Castro Marim, Faro, Portugal
REF: 970130
€250,000
Description
We present this completely renovated property, located in the charming village of Castro Marim. An ideal property for permanent residence, holiday home or investment. On the ground floor: - Spacious open-plan living room, dining room and modern kitchen. - Corridor with storage area, leading to a small outdoor patio. - Connecting the kitchen and the corridor is a functional bedroom with a built-in wardrobe, ideal as a guest room or office. On the first floor we have - A large bedroom with en-suite bathroom, perfect as a master suite. - Direct access to a good-sized terrace, ideal for relaxing, sunbathing or creating an outdoor leisure area. The recent renovation has enhanced the brightness, thermal comfort and fluidity of the spaces, while maintaining the cosy character of the original building. Ask us for more information! Book your visit! About Castro Marim: Castro Marim is a beautiful village located in the Algarve region of southern Portugal. This historic town is known for its rich cultural and heritage heritage, its beautiful natural landscapes and its sunny and mild climate all year round. Castro Marim's historic centre is one of the town's highlights, with its narrow, winding streets, whitewashed houses and historic buildings, including Castro Marim Castle, which was built in the 13th century and offers a panoramic view of the town and its surroundings. In addition, Castro Marim has a number of other historic sites, such as the Mother Church of Nossa Senhora dos Mártires, the Chapel of São Sebastião and the Fort. Nature is another major attraction in Castro Marim. The town is located close to the Castro Marim and Vila Real de Santo António Marshland Nature Reserve, which is a sanctuary for several species of migratory birds, and its white sandy beaches, such as Praia Verde, are famous for their beauty and tranquillity. Castro Marim is also known for its salt production and has a strong agricultural tradition, offering a wide variety of typical Algarvian local products such as almonds, carobs and figs. With all these attractions, Castro Marim is a special place to visit and a popular tourist destination in Portugal.
We present this completely renovated property, located in the charming village of Castro Marim. An ideal property for permanent residence, holiday home or investment. On the ground floor: - Spacious open-plan living room, dining room and modern kitchen. - Corridor with storage area, leading to a small outdoor patio. - Connecting the kitchen and the corridor is a functional bedroom with a built-in wardrobe, ideal as a guest room or office. On the first floor we have - A large bedroom with en-suite bathroom, perfect as a master suite. - Direct access to a good-sized terrace, ideal for relaxing, sunbathing or creating an outdoor leisure area. The recent renovation has enhanced the brightness, thermal comfort and fluidity of the spaces, while maintaining the cosy character of the original building. Ask us for more information! Book your visit! About Castro Marim: Castro Marim is a beautiful village located in the Algarve region of southern Portugal. This historic town is known for its rich cultural and heritage heritage, its beautiful natural landscapes and its sunny and mild climate all year round. Castro Marim's historic centre is one of the town's highlights, with its narrow, winding streets, whitewashed houses and historic buildings, including Castro Marim Castle, which was built in the 13th century and offers a panoramic view of the town and its surroundings. In addition, Castro Marim has a number of other historic sites, such as the Mother Church of Nossa Senhora dos Mártires, the Chapel of São Sebastião and the Fort. Nature is another major attraction in Castro Marim. The town is located close to the Castro Marim and Vila Real de Santo António Marshland Nature Reserve, which is a sanctuary for several species of migratory birds, and its white sandy beaches, such as Praia Verde, are famous for their beauty and tranquillity. Castro Marim is also known for its salt production and has a strong agricultural tradition, offering a wide variety of typical Algarvian local products such as almonds, carobs and figs. With all these attractions, Castro Marim is a special place to visit and a popular tourist destination in Portugal.
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Currency Exchange
Castro Marim, 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 | £206,340 | £217,023 | £10,683 |
| Property Price € | €250,000 |
| Minimum cost in the last six months | £206,340 |
| 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 | £10,683 |
Castro Marim, 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 | £206,340 | £217,023 | £10,683 |
| Property Price € | €250,000 |
| Minimum cost in the last six months | £206,340 |
| 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 | £10,683 |
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 £10,683 more.
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