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Excellent five bedroom villa with panoramic views in the outskirts of Loulé, Algarve
Loulé, Faro, Portugal, 8100-229
REF: 791440
€1,850,000
Description
Traditional house, with lots of character, renovated, a short distance from Loulé, close to all amenities. Imbued with traditional charm yet meticulously renovated without compromising its distinctive character, this property is conveniently situated within close proximity to Loulé, pristine beaches, and a myriad of local amenities. Just a twenty-minute drive from Faro airport, its strategic location enhances accessibility.
Nestled on a generously sized 1,950 sq.m. plot, the property boasts a total built area of 290 sq.m.
This exceptional residence encompasses a basement comprising two bedrooms, a bathroom, a wine cellar, and a bar. The ground floor features a commodious living room adorned with a fireplace, a fully equipped kitchen, and a bedroom with an accompanying bathroom. Ascending to the upper floor reveals two bedrooms, one of which is en-suite, a games room, and an additional fully equipped kitchen and laundry room with external access. A covered space on this level serves as a versatile area, ideal for barbecues.
The pool area is enveloped by a leisure zone, characterized by an expansive terrace, providing an ideal setting for leisurely moments with family and friends in absolute privacy.
Equipped with modern amenities including air conditioning, electric shutters, solar panels, and an alarm system.
This property presents a unique opportunity for those seeking a permanent residence or holiday home adorned with impeccable finishing quality.
Traditional house, with lots of character, renovated, a short distance from Loulé, close to all amenities. Imbued with traditional charm yet meticulously renovated without compromising its distinctive character, this property is conveniently situated within close proximity to Loulé, pristine beaches, and a myriad of local amenities. Just a twenty-minute drive from Faro airport, its strategic location enhances accessibility.
Nestled on a generously sized 1,950 sq.m. plot, the property boasts a total built area of 290 sq.m.
This exceptional residence encompasses a basement comprising two bedrooms, a bathroom, a wine cellar, and a bar. The ground floor features a commodious living room adorned with a fireplace, a fully equipped kitchen, and a bedroom with an accompanying bathroom. Ascending to the upper floor reveals two bedrooms, one of which is en-suite, a games room, and an additional fully equipped kitchen and laundry room with external access. A covered space on this level serves as a versatile area, ideal for barbecues.
The pool area is enveloped by a leisure zone, characterized by an expansive terrace, providing an ideal setting for leisurely moments with family and friends in absolute privacy.
Equipped with modern amenities including air conditioning, electric shutters, solar panels, and an alarm system.
This property presents a unique opportunity for those seeking a permanent residence or holiday home adorned with impeccable finishing quality.
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Currency Exchange
Loulé, Faro, Portugal, 8100-229
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 €1,850,000 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 |
|---|---|---|---|
| €1,850,000 | £1,573,777 | £1,621,599 | £47,823 |
| Property Price € | €1,850,000 |
| Minimum cost in the last six months | £1,573,777 |
| Maximum cost in the last six months | £1,621,599 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £47,823 |
Loulé, Faro, Portugal, 8100-229
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 €1,850,000 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 |
|---|---|---|---|
| €1,850,000 | £1,573,777 | £1,621,599 | £47,823 |
| Property Price € | €1,850,000 |
| Minimum cost in the last six months | £1,573,777 |
| Maximum cost in the last six months | £1,621,599 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £47,823 |
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 £47,823 more.
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