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Quinta style property, plus ruin with 25960m2 plot for sale, close to beaches, Alvor, Algarve
Portimão, Portugal
REF: 996701
€1,950,000
Description
This tradition-style quinta is located between Alvor and Praia do Vau and only a few minutes walk to the beach. With a 25.960m2 plot, it is a unique opportuntiy to buy a property so close to the ocean. The cobblestone driveway, has plenty of space to park vehicles, plus there is a single garage, a carport and a storage/maintenance room. Entering the property is a good sized hallway and a small corridor leads to the 'L' shaped dining and sitting room. Double french doors open to the terraces, gardens and swimming pool. The kitchen is workable, but does require updating. There is a service door and a separate laundry room. Three bedrooms are also to be found on this ground floor level: The master bedroom has an ensuite bathroom, and French doors to the terrace, pool and gardens. The two other bedrooms share a family bathroom. All bedrooms have fitted wardrobes. There is Air-conditioning throughout the ground floor level. From the entrance hall, stairs ascend to the first floor and the 4th bedroom, currently being utilised as a library/office, it has a private balcony, and there are 4 steps up to the roof terrace. Fabulous views can be seen from here of the pool, gardens, plot and distant views to the sea. With Praia da Rocha to the left and Alvor to the right. Within the plot are numerous shrubs and trees, including fig, mulberry, orange, lemon, carob, and almond. An added extra is a ruin of 41m2. In the future, there may be a possibility to increase the size to build a small house. Beside the ruin is a gate to a small side road, and this leads to a narrow path to the beach. Don't miss this opportunity, properties as this are very rare, especially in a fantastic location. Book a visit with us. Sell Exclusive Algarve Villas
This tradition-style quinta is located between Alvor and Praia do Vau and only a few minutes walk to the beach. With a 25.960m2 plot, it is a unique opportuntiy to buy a property so close to the ocean. The cobblestone driveway, has plenty of space to park vehicles, plus there is a single garage, a carport and a storage/maintenance room. Entering the property is a good sized hallway and a small corridor leads to the 'L' shaped dining and sitting room. Double french doors open to the terraces, gardens and swimming pool. The kitchen is workable, but does require updating. There is a service door and a separate laundry room. Three bedrooms are also to be found on this ground floor level: The master bedroom has an ensuite bathroom, and French doors to the terrace, pool and gardens. The two other bedrooms share a family bathroom. All bedrooms have fitted wardrobes. There is Air-conditioning throughout the ground floor level. From the entrance hall, stairs ascend to the first floor and the 4th bedroom, currently being utilised as a library/office, it has a private balcony, and there are 4 steps up to the roof terrace. Fabulous views can be seen from here of the pool, gardens, plot and distant views to the sea. With Praia da Rocha to the left and Alvor to the right. Within the plot are numerous shrubs and trees, including fig, mulberry, orange, lemon, carob, and almond. An added extra is a ruin of 41m2. In the future, there may be a possibility to increase the size to build a small house. Beside the ruin is a gate to a small side road, and this leads to a narrow path to the beach. Don't miss this opportunity, properties as this are very rare, especially in a fantastic location. Book a visit with us. Sell Exclusive Algarve Villas
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Currency Exchange
Portimão, 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 €1,950,000 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 |
|---|---|---|---|
| €1,950,000 | £1,609,628 | £1,706,874 | £97,247 |
| Property Price € | €1,950,000 |
| Minimum cost in the last six months | £1,609,628 |
| Maximum cost in the last six months | £1,706,874 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £97,247 |
Portimão, 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 €1,950,000 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 |
|---|---|---|---|
| €1,950,000 | £1,609,628 | £1,706,874 | £97,247 |
| Property Price € | €1,950,000 |
| Minimum cost in the last six months | £1,609,628 |
| Maximum cost in the last six months | £1,706,874 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £97,247 |
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 £97,247 more.
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