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5-Bedroom Single-Storey House with Pool, Renovated in 2023 Vila Nova de Cacela, Algarve
Vila Real de Santo António, Faro, Portugal, 8900-026
REF: 997574
€1,480,000
Description
🏡 5-Bedroom Single-Story House with Pool, Renovated in 2023 Ideal for Own Home or Investment in Local Accommodation We present this impressive 5-bedroom single-story house, completely renovated in 2023 with high-end finishes, located in a quiet area, with excellent accessibility. A versatile property that combines comfort, privacy and strong profitability potential. With a generous 940 m plot, this house was designed to provide an excellent quality of life, but also for those who wish to invest in local accommodation or short-term rentals (Airbnb), with spaces already ready for adaptation. 🔹 Main features: 5 spacious bedrooms, 1 en suite with built-in wardrobe 3 modern bathrooms with luxury finishes Open-plan living room and kitchen with excellent natural light Swimming pool with saltwater treatment system, ideal for low maintenance Closed garage with electric gate for 1 car and outdoor parking for several cars Traditional stone oven, perfect for family or guest moments Several extra rooms that can be transformed into: Storage rooms Independent studio with private entrance Coworking or leisure space Local accommodation unit 📍 Strategic location in a quiet and residential area, with quick access to supermarkets, schools, transport, beaches and main roads. 💰 Ideal for permanent residence, holiday home or tourist investment, this property has all the elements to provide comfort and financial return. Possibility of immediate income through short-term rentals. Make a meaningful investment.
🏡 5-Bedroom Single-Story House with Pool, Renovated in 2023 Ideal for Own Home or Investment in Local Accommodation We present this impressive 5-bedroom single-story house, completely renovated in 2023 with high-end finishes, located in a quiet area, with excellent accessibility. A versatile property that combines comfort, privacy and strong profitability potential. With a generous 940 m plot, this house was designed to provide an excellent quality of life, but also for those who wish to invest in local accommodation or short-term rentals (Airbnb), with spaces already ready for adaptation. 🔹 Main features: 5 spacious bedrooms, 1 en suite with built-in wardrobe 3 modern bathrooms with luxury finishes Open-plan living room and kitchen with excellent natural light Swimming pool with saltwater treatment system, ideal for low maintenance Closed garage with electric gate for 1 car and outdoor parking for several cars Traditional stone oven, perfect for family or guest moments Several extra rooms that can be transformed into: Storage rooms Independent studio with private entrance Coworking or leisure space Local accommodation unit 📍 Strategic location in a quiet and residential area, with quick access to supermarkets, schools, transport, beaches and main roads. 💰 Ideal for permanent residence, holiday home or tourist investment, this property has all the elements to provide comfort and financial return. Possibility of immediate income through short-term rentals. Make a meaningful investment.
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Currency Exchange
Vila Real de Santo António, Faro, Portugal, 8900-026
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 €1,480,000 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 |
|---|---|---|---|
| €1,480,000 | £1,221,666 | £1,284,803 | £63,137 |
| Property Price € | €1,480,000 |
| Minimum cost in the last six months | £1,221,666 |
| Maximum cost in the last six months | £1,284,803 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £63,137 |
Vila Real de Santo António, Faro, Portugal, 8900-026
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 €1,480,000 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 |
|---|---|---|---|
| €1,480,000 | £1,221,666 | £1,284,803 | £63,137 |
| Property Price € | €1,480,000 |
| Minimum cost in the last six months | £1,221,666 |
| Maximum cost in the last six months | £1,284,803 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £63,137 |
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 £63,137 more.
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