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Small farm with about 1
Loulé, Faro, Portugal
REF: 704544
€630,000
Description
Small farm with about 1.5 ha, excellent location in the municipality of Loulé, near Vale Judeu, on the north side of the EN 125, consisting of two adjoining houses, with 2 storages, 1 indoor and outdoor and with good agricultural quality land with numerous fruit trees of which stand out almond trees, orange trees, fig trees, olive trees and plum trees. That same land not being completely flat, also doesn't possess great slopes, being therefore easily treatable and with great agronomic appetite. It has mains water and also water belonging to a community catchment, having also a porch of large dimensions, located next to the houses with a cistern, for the simultaneous collection of rainwater. Its extreme connects directly to the tar road, which leads both to the county seat - Loulé - and to Vale Judeu and the excellent beaches of the municipality, from which are 12 km away from the Quarteira beach and not many more from the famous beaches of Vale do Lobo and Quinta do Lago. They are also about 15 minutes drive from the most famous golf courses such as Vale do Lobo, Quinta do Lago and Pinheiros Altos. The houses are adjoining each other and you can move from one to the other. One of them has a kitchen combined with the dining room and a bedroom. The other has 2 bedrooms, 1 living room, 1 dining room and kitchen, with a staircase leading to the attics. Excellent for habitation but simultaneously for touristic use, given its excellent location. It is also about 20 minutes from Faro International Airport and the same distance from the city of Faro, with numerous cultural and historical attractions and tourist entertainment, which you can enjoy. #ref: 98130
Small farm with about 1.5 ha, excellent location in the municipality of Loulé, near Vale Judeu, on the north side of the EN 125, consisting of two adjoining houses, with 2 storages, 1 indoor and outdoor and with good agricultural quality land with numerous fruit trees of which stand out almond trees, orange trees, fig trees, olive trees and plum trees. That same land not being completely flat, also doesn't possess great slopes, being therefore easily treatable and with great agronomic appetite. It has mains water and also water belonging to a community catchment, having also a porch of large dimensions, located next to the houses with a cistern, for the simultaneous collection of rainwater. Its extreme connects directly to the tar road, which leads both to the county seat - Loulé - and to Vale Judeu and the excellent beaches of the municipality, from which are 12 km away from the Quarteira beach and not many more from the famous beaches of Vale do Lobo and Quinta do Lago. They are also about 15 minutes drive from the most famous golf courses such as Vale do Lobo, Quinta do Lago and Pinheiros Altos. The houses are adjoining each other and you can move from one to the other. One of them has a kitchen combined with the dining room and a bedroom. The other has 2 bedrooms, 1 living room, 1 dining room and kitchen, with a staircase leading to the attics. Excellent for habitation but simultaneously for touristic use, given its excellent location. It is also about 20 minutes from Faro International Airport and the same distance from the city of Faro, with numerous cultural and historical attractions and tourist entertainment, which you can enjoy. #ref: 98130
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Currency Exchange
Loulé, Faro, 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 €630,000 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 |
|---|---|---|---|
| €630,000 | £535,935 | £551,521 | £15,586 |
| Property Price € | €630,000 |
| Minimum cost in the last six months | £535,935 |
| Maximum cost in the last six months | £551,521 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,586 |
Loulé, Faro, 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 €630,000 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 |
|---|---|---|---|
| €630,000 | £535,935 | £551,521 | £15,586 |
| Property Price € | €630,000 |
| Minimum cost in the last six months | £535,935 |
| Maximum cost in the last six months | £551,521 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,586 |
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 £15,586 more.
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