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2 Bed
Loulé, Faro, Portugal, 8100-399
REF: 656834
€178,000
Description
It is a single storey house plus land, that at this point will be sold for the announced asking price, but once finished its value will be 208,000. Located in a rural area close to tourist and leisure facilities, including the golf course, hotel and spa, at the Qta Resort. from Ombria.
The finishes used in the renovation are good quality and all electrical installations and plumbing have been replaced.
Will have two bedrooms, one of them en suite and has a dressing room, living room, kitchen and bathroom, in the patio also has an annex and covered area for bbq and outdoor dining. The plot is fantastic to landscaped for having a nice garden where at the moment are several fruit trees and where it is also possible to create a vegetable garden, or even having a swimming pool.
The open view to the countryside is gorgeous, it is also possible to see the whole Quinta da Ombria Golf Course & Resort complex which is only 4 km away and the Tôr village is 1.5 km away, where you can find some coffee shop, restaurants and facilities.
It is a single storey house plus land, that at this point will be sold for the announced asking price, but once finished its value will be 208,000. Located in a rural area close to tourist and leisure facilities, including the golf course, hotel and spa, at the Qta Resort. from Ombria.
The finishes used in the renovation are good quality and all electrical installations and plumbing have been replaced.
Will have two bedrooms, one of them en suite and has a dressing room, living room, kitchen and bathroom, in the patio also has an annex and covered area for bbq and outdoor dining. The plot is fantastic to landscaped for having a nice garden where at the moment are several fruit trees and where it is also possible to create a vegetable garden, or even having a swimming pool.
The open view to the countryside is gorgeous, it is also possible to see the whole Quinta da Ombria Golf Course & Resort complex which is only 4 km away and the Tôr village is 1.5 km away, where you can find some coffee shop, restaurants and facilities.
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Currency Exchange
Loulé, Faro, Portugal, 8100-399
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 €178,000 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 |
|---|---|---|---|
| €178,000 | £151,423 | £156,015 | £4,592 |
| Property Price € | €178,000 |
| Minimum cost in the last six months | £151,423 |
| Maximum cost in the last six months | £156,015 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,592 |
Loulé, Faro, Portugal, 8100-399
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 €178,000 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 |
|---|---|---|---|
| €178,000 | £151,423 | £156,015 | £4,592 |
| Property Price € | €178,000 |
| Minimum cost in the last six months | £151,423 |
| Maximum cost in the last six months | £156,015 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,592 |
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 £4,592 more.
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