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Plot with approved project in Loulé, for sale
Loule, Portugal
REF: 738838
€395,000
Description
Nestled on a spacious 2000m parcel of land in the picturesque hills of Loul , this plot offers an unparalleled opportunity to create your dream contemporary Mediterranean retreat. With an approved project in place for a stunning 4-bedroom villa complete with a private pool, this west-facing property promises a life of luxury and tranquility. The property comes with an approved architectural project for a 4-bedroom villa. This project includes spacious living areas, modern kitchen facilities, and large windows that take full advantage of the stunning views. Loul is known for its charming Old Town, bustling markets, and rich cultural heritage. The property's elevated position not only provides captivating vistas but also ensures you're just a short drive away from the town's amenities, restaurants, and cultural attractions. Whether you choose to build the approved villa or wish to customize your own design, this plot offers endless possibilities for creating your ideal home in the Algarve region.
Nestled on a spacious 2000m parcel of land in the picturesque hills of Loul , this plot offers an unparalleled opportunity to create your dream contemporary Mediterranean retreat. With an approved project in place for a stunning 4-bedroom villa complete with a private pool, this west-facing property promises a life of luxury and tranquility. The property comes with an approved architectural project for a 4-bedroom villa. This project includes spacious living areas, modern kitchen facilities, and large windows that take full advantage of the stunning views. Loul is known for its charming Old Town, bustling markets, and rich cultural heritage. The property's elevated position not only provides captivating vistas but also ensures you're just a short drive away from the town's amenities, restaurants, and cultural attractions. Whether you choose to build the approved villa or wish to customize your own design, this plot offers endless possibilities for creating your ideal home in the Algarve region.
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Currency Exchange
Loule, 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 €395,000 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 |
|---|---|---|---|
| €395,000 | £336,023 | £346,233 | £10,211 |
| Property Price € | €395,000 |
| Minimum cost in the last six months | £336,023 |
| Maximum cost in the last six months | £346,233 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,211 |
Loule, 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 €395,000 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 |
|---|---|---|---|
| €395,000 | £336,023 | £346,233 | £10,211 |
| Property Price € | €395,000 |
| Minimum cost in the last six months | £336,023 |
| Maximum cost in the last six months | £346,233 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,211 |
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 £10,211 more.
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