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House 2 Bedrooms Sale in Vila do Bispo e Raposeira,Vila do Bispo
Vila do Bispo, Portugal
REF: 990570
€550,000
Description
Turnkey project for a villa under construction in the historic area of Vila do Bispo.This is a project to renovate an old typical Portuguese villa, which is scheduled for completion in the first half of 2025.The new construction will have a high standard of modernity and contemporaneity, but will retain the traditional charm of this well-known Algarve village.It has an area of 130m2 divided into two floors of 65m2 each and a garden of 55m2.The ground floor consists of a lounge, kitchen and a guest toilet, as well as a west-facing garden.On the 1st floor there are 2 spacious suites, each with its own dressing room. From these rooms you have a fantastic view to the west, from where you can see the hills and paths that lead to the famous surfing beaches such as Cordoama and Castelejo. The beaches are only 5 kilometres awayThe garden, in the heart of the historic centre, is another of the features that makes this villa so special.A parking space is included.Vila do Bispo is a charming village located in the heart of the Costa Vicentina Natural Park, a region known for its stunning coastline and beautiful beaches celebrated for their pristine beauty.Vila do Bispo offers a tranquil lifestyle with easy access to various amenities and natural attractions. With its rich cultural heritage, picturesque landscapes and growing infrastructure, Vila do Bispo is becoming an increasingly attractive destination for both living and investing.
Turnkey project for a villa under construction in the historic area of Vila do Bispo.This is a project to renovate an old typical Portuguese villa, which is scheduled for completion in the first half of 2025.The new construction will have a high standard of modernity and contemporaneity, but will retain the traditional charm of this well-known Algarve village.It has an area of 130m2 divided into two floors of 65m2 each and a garden of 55m2.The ground floor consists of a lounge, kitchen and a guest toilet, as well as a west-facing garden.On the 1st floor there are 2 spacious suites, each with its own dressing room. From these rooms you have a fantastic view to the west, from where you can see the hills and paths that lead to the famous surfing beaches such as Cordoama and Castelejo. The beaches are only 5 kilometres awayThe garden, in the heart of the historic centre, is another of the features that makes this villa so special.A parking space is included.Vila do Bispo is a charming village located in the heart of the Costa Vicentina Natural Park, a region known for its stunning coastline and beautiful beaches celebrated for their pristine beauty.Vila do Bispo offers a tranquil lifestyle with easy access to various amenities and natural attractions. With its rich cultural heritage, picturesque landscapes and growing infrastructure, Vila do Bispo is becoming an increasingly attractive destination for both living and investing.
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Currency Exchange
Vila do Bispo, 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 €550,000 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 |
|---|---|---|---|
| €550,000 | £453,998 | £477,450 | £23,452 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £453,998 |
| Maximum cost in the last six months | £477,450 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £23,452 |
Vila do Bispo, 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 €550,000 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 |
|---|---|---|---|
| €550,000 | £453,998 | £477,450 | £23,452 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £453,998 |
| Maximum cost in the last six months | £477,450 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £23,452 |
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 £23,452 more.
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