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5 bedroom house with a separate apartment, sea views
Loulé, Faro, Portugal, 8100- 296
REF: 1000889
€1,497,000
Description
Nestled just outside the charming city of Loulé, on top of a hill in a very tranquil, rural area this stunning 5-bedroom, 5-bathroom villa is a true gem waiting to be discovered. The property boasts a spacious house area of 333 square meters and sits on a generous land area of 12,200 square meters. Built in 1999, this villa exudes a sense of elegance across its 3 floors.
As you step inside, you are greeted by a lovely designed interior featuring luxurious amenities such as a pool, terrace, heating, and air conditioning. Next to the open space kitchen, dining and living room, the villa also includes a laundry room, fitted wardrobes in all its bedrooms, and a complete separate apartment, with a fully equipped kitchen , a bedroom and a bathroom with underfloor heating, ensuring comfort and convenience at every turn.
The present owners have rented out the apartment to guests during the biggest part of the year.
A substantial par of the land was reserved for some horses and the stables and paddock are still there.
One of the standout features of this property is the breathtaking views it offers. From sea views to countryside views and mountain views, you can soak in the beauty of the surrounding landscape from every window and terrace around the house.
With its prime location near Loulé and a golf course, set on an elevated position the house offers all the beauty that Algarve is famous for.
Nestled just outside the charming city of Loulé, on top of a hill in a very tranquil, rural area this stunning 5-bedroom, 5-bathroom villa is a true gem waiting to be discovered. The property boasts a spacious house area of 333 square meters and sits on a generous land area of 12,200 square meters. Built in 1999, this villa exudes a sense of elegance across its 3 floors.
As you step inside, you are greeted by a lovely designed interior featuring luxurious amenities such as a pool, terrace, heating, and air conditioning. Next to the open space kitchen, dining and living room, the villa also includes a laundry room, fitted wardrobes in all its bedrooms, and a complete separate apartment, with a fully equipped kitchen , a bedroom and a bathroom with underfloor heating, ensuring comfort and convenience at every turn.
The present owners have rented out the apartment to guests during the biggest part of the year.
A substantial par of the land was reserved for some horses and the stables and paddock are still there.
One of the standout features of this property is the breathtaking views it offers. From sea views to countryside views and mountain views, you can soak in the beauty of the surrounding landscape from every window and terrace around the house.
With its prime location near Loulé and a golf course, set on an elevated position the house offers all the beauty that Algarve is famous for.
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Property on Map
Currency Exchange
Loulé, Faro, Portugal, 8100- 296
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 €1,497,000 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 |
|---|---|---|---|
| €1,497,000 | £1,235,699 | £1,305,399 | £69,700 |
| Property Price € | €1,497,000 |
| Minimum cost in the last six months | £1,235,699 |
| Maximum cost in the last six months | £1,305,399 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £69,700 |
Loulé, Faro, Portugal, 8100- 296
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 €1,497,000 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 |
|---|---|---|---|
| €1,497,000 | £1,235,699 | £1,305,399 | £69,700 |
| Property Price € | €1,497,000 |
| Minimum cost in the last six months | £1,235,699 |
| Maximum cost in the last six months | £1,305,399 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £69,700 |
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 £69,700 more.
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