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Magnificent 4-bedroom villa, on 2 floors, of quality construction in 2006 and with generous spaces in all rooms, located in a quiet residential development just a few minutes from the centre of Loulé, an important city since the Moorish Empire and today with a wide range of local commerce, festive a
Loulé, Faro, Portugal
REF: 752333
€850,000
Description
Magnificent 4-bedroom villa, on 2 floors, of quality construction in 2006 and with generous spaces in all rooms, located in a quiet residential development just a few minutes from the centre of Loulé, an important city since the Moorish Empire and today with a wide range of local commerce, festive actions and the famous municipal market. The villa has 3 bedrooms on the 1st floor (1 master suite), all with built-in wardrobes, terraces and pleasant views. On the ground floor you will find a large and bright living room/dining room with electric fireplace, kitchen with an unusual size, laundry room, 1 bedroom and a total of 4 bathrooms, garage and outbuildings with a total construction of 362m2 located on a plot of 750m2 land Outside, with several terraces and a beautiful, easy-to-maintain garden, you will have a leisure area with a swimming pool, outdoor shower and a BBQ area. The property is equipped with solar hot water panels, reversible air conditioning in all rooms, double glazing and mosquito nets, pre-installation for central heating, equipped kitchen, video intercom and mains water. 10 to 15 minutes from the beaches, golf courses and Vilamoura Marina and 15 minutes from Faro Airport. Ideal for those who like to live in a quiet place with all comfort and facilities nearby. #ref: 107713
Magnificent 4-bedroom villa, on 2 floors, of quality construction in 2006 and with generous spaces in all rooms, located in a quiet residential development just a few minutes from the centre of Loulé, an important city since the Moorish Empire and today with a wide range of local commerce, festive actions and the famous municipal market. The villa has 3 bedrooms on the 1st floor (1 master suite), all with built-in wardrobes, terraces and pleasant views. On the ground floor you will find a large and bright living room/dining room with electric fireplace, kitchen with an unusual size, laundry room, 1 bedroom and a total of 4 bathrooms, garage and outbuildings with a total construction of 362m2 located on a plot of 750m2 land Outside, with several terraces and a beautiful, easy-to-maintain garden, you will have a leisure area with a swimming pool, outdoor shower and a BBQ area. The property is equipped with solar hot water panels, reversible air conditioning in all rooms, double glazing and mosquito nets, pre-installation for central heating, equipped kitchen, video intercom and mains water. 10 to 15 minutes from the beaches, golf courses and Vilamoura Marina and 15 minutes from Faro Airport. Ideal for those who like to live in a quiet place with all comfort and facilities nearby. #ref: 107713
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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 €850,000 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 |
|---|---|---|---|
| €850,000 | £723,087 | £745,017 | £21,930 |
| Property Price € | €850,000 |
| Minimum cost in the last six months | £723,087 |
| Maximum cost in the last six months | £745,017 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,930 |
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 €850,000 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 |
|---|---|---|---|
| €850,000 | £723,087 | £745,017 | £21,930 |
| Property Price € | €850,000 |
| Minimum cost in the last six months | £723,087 |
| Maximum cost in the last six months | £745,017 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,930 |
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 £21,930 more.
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