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Typical Algarvian house to rebuild | Moncarapacho | Algarve
Olhão, Faro, Portugal, 8700-074
REF: 987095
€96,000
Description
Looking for a typical house to restore to your taste, surrounded by nature but close to the beach? This could be the opportunity you've been waiting for! We present a traditional Algarve villa for reconstruction, with 77sqm of gross floor area and set in a 67sqm plot, located on the site of Gião, just 2 km from the centre of the village of Moncarapacho. It has a project history approved by the town hall, providing for the construction of a two-storey villa, distributed as follows: Ground floor: living room, kitchen, utility room and service bathroom 1st floor: distribution hall, full bathroom, two bedrooms, second hall with wardrobe and access to the panoramic terrace From the terrace, you can enjoy a beautiful view over the countryside and the sea, especially Praia da Fuseta, just 4 kilometres away. It is possible to park a car in front of the house. Location and quick access: 2 km from the centre of Moncarapacho 2.7 km from Intermarché 4 km from Fuseta beach 11 km from Olhão Marina 26 km from MAR Shopping Algarve 29 km from Faro Airport Don't miss out on this excellent investment or home ownership opportunity in one of the Algarve's most authentic locations. Book your visit now! At KW Flash, we offer complete support in the financing process, through a Credit Intermediary authorised by the Bank of Portugal. We share business with all AMI-licensed real estate consultants - if you're a professional in the sector and have a qualified client, get in touch. This property is on an exclusive basi
Looking for a typical house to restore to your taste, surrounded by nature but close to the beach? This could be the opportunity you've been waiting for! We present a traditional Algarve villa for reconstruction, with 77sqm of gross floor area and set in a 67sqm plot, located on the site of Gião, just 2 km from the centre of the village of Moncarapacho. It has a project history approved by the town hall, providing for the construction of a two-storey villa, distributed as follows: Ground floor: living room, kitchen, utility room and service bathroom 1st floor: distribution hall, full bathroom, two bedrooms, second hall with wardrobe and access to the panoramic terrace From the terrace, you can enjoy a beautiful view over the countryside and the sea, especially Praia da Fuseta, just 4 kilometres away. It is possible to park a car in front of the house. Location and quick access: 2 km from the centre of Moncarapacho 2.7 km from Intermarché 4 km from Fuseta beach 11 km from Olhão Marina 26 km from MAR Shopping Algarve 29 km from Faro Airport Don't miss out on this excellent investment or home ownership opportunity in one of the Algarve's most authentic locations. Book your visit now! At KW Flash, we offer complete support in the financing process, through a Credit Intermediary authorised by the Bank of Portugal. We share business with all AMI-licensed real estate consultants - if you're a professional in the sector and have a qualified client, get in touch. This property is on an exclusive basi
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Currency Exchange
Olhão, Faro, Portugal, 8700-074
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 €96,000 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 |
|---|---|---|---|
| €96,000 | £79,243 | £83,337 | £4,093 |
| Property Price € | €96,000 |
| Minimum cost in the last six months | £79,243 |
| Maximum cost in the last six months | £83,337 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,093 |
Olhão, Faro, Portugal, 8700-074
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 €96,000 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 |
|---|---|---|---|
| €96,000 | £79,243 | £83,337 | £4,093 |
| Property Price € | €96,000 |
| Minimum cost in the last six months | £79,243 |
| Maximum cost in the last six months | £83,337 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,093 |
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 £4,093 more.
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