Villa with seven bedrooms next to the golf and close to the marina and beach

Loulé, Faro, Portugal, 8125-401

For Sale

€1,950,000

REF: 657212 €1,950,000


7

5

Description

V7 single story with 7 bedrooms with Algarvian charisma. Potential profitability. Near golf and 5 minutes from the beach and Vilamoura center. Villa with 5 suites plus 2 bedrooms in the heart of Vilamoura next to the Golf and close to the Marina and Beach. The plot of land measures 1,370 m2 with 455 m2 of the construction area. The villa consists of a large lounge on the ground floor with a fireplace, equipped kitchen, laundry room, dining room, and 4 en-suite bedrooms. On the 1st floor, a suite with a private bathroom, with access to the terrace to take advantage of the south-facing sun. The house with basement, games room, 2 bedrooms and bathroom, and access to the garage. The property is sold furnished and is equipped with air conditioning, central heating, double glazing, and solar panels. Private garden area, with swimming pool surrounded by greenery, covered terrace ideal for a meal with all the surrounding nature. Garage with capacity for 4 cars, with electric gate. Potential in rentals as well as permanent housing due to its tranquility and surrounding area Schedule a visit!AlgarveProperty.com-AMI2196-T.289310310
V7 single story with 7 bedrooms with Algarvian charisma. Potential profitability. Near golf and 5 minutes from the beach and Vilamoura center. Villa with 5 suites plus 2 bedrooms in the heart of Vilamoura next to the Golf and close to the Marina and Beach. The plot of land measures 1,370 m2 with 455 m2 of the construction area. The villa consists of a large lounge on the ground floor with a fireplace, equipped kitchen, laundry room, dining room, and 4 en-suite bedrooms. On the 1st floor, a suite with a private bathroom, with access to the terrace to take advantage of the south-facing sun. The house with basement, games room, 2 bedrooms and bathroom, and access to the garage. The property is sold furnished and is equipped with air conditioning, central heating, double glazing, and solar panels. Private garden area, with swimming pool surrounded by greenery, covered terrace ideal for a meal with all the surrounding nature. Garage with capacity for 4 cars, with electric gate. Potential in rentals as well as permanent housing due to its tranquility and surrounding area Schedule a visit!AlgarveProperty.com-AMI2196-T.289310310
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Property on Map

#V237544M

Currency Exchange

Loulé, Faro, Portugal, 8125-401

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 £1,658,846 £1,709,156 £50,310
Property Price € €1,950,000
Minimum cost in the last six months £1,658,846
Maximum cost in the last six months £1,709,156
Fluctuating exchange rates over the last six months could have increased the cost of this property by £50,310

Loulé, Faro, Portugal, 8125-401

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 £1,658,846 £1,709,156 £50,310
Property Price € €1,950,000
Minimum cost in the last six months £1,658,846
Maximum cost in the last six months £1,709,156
Fluctuating exchange rates over the last six months could have increased the cost of this property by £50,310

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 £50,310 more.

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