Rustic in style, this farmhouse with 948m2 of land is located deep in the tranquillity of Loulé

Loule, Portugal

For Sale

€945,000

REF: 793474 €945,000


2020

Description

Rustic in style, this farmhouse with 948m2 of land is located deep in the tranquillity of Loulé. This fantastic opportunity to buy comprises a main building and an annexe. The main building of this charming villa is divided into two flats. One is a one bedroom flat with a terrace with stunning views of the hills, a laundry room, an en-suite bedroom, a living room and an office that can be converted into a bedroom.

The second apartment is a studio, with its own entrance, comprising an open-plan kitchen, bedroom, adapted bathroom and living room. Attached to the main building, on the ground floor, there are five individual bedrooms, all with separate entrances and their own privacy. Also in this annex is a shared bathroom and via stairs there is also access to the annex's communal area, namely the fully equipped kitchen, the living room and a terrace also with a dining area where you can enjoy the admirable views of the nature that surrounds this farm.

This property, ideal for renting out, is located just 10 km from the centre of Loulé and its amenities. It also has solar panels and a garden with a barbecue area. It is just 30 minutes away from Faro International Airport. CHARACTERISTICS:Area: 948 m2 | 10 204 sq ftEnergy efficiency: DFEATURES:8-bedrooms Terrace Fully equipped kitchen Solar panels Garden Barbecue Internationally awarded, LUXIMOS Christie's presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage.

LUXIMOS Christie's is the exclusive affiliate of Christie s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal.

Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina. LIc AMI 9063
Rustic in style, this farmhouse with 948m2 of land is located deep in the tranquillity of Loulé. This fantastic opportunity to buy comprises a main building and an annexe. The main building of this charming villa is divided into two flats. One is a one bedroom flat with a terrace with stunning views of the hills, a laundry room, an en-suite bedroom, a living room and an office that can be converted into a bedroom.

The second apartment is a studio, with its own entrance, comprising an open-plan kitchen, bedroom, adapted bathroom and living room. Attached to the main building, on the ground floor, there are five individual bedrooms, all with separate entrances and their own privacy. Also in this annex is a shared bathroom and via stairs there is also access to the annex's communal area, namely the fully equipped kitchen, the living room and a terrace also with a dining area where you can enjoy the admirable views of the nature that surrounds this farm.

This property, ideal for renting out, is located just 10 km from the centre of Loulé and its amenities. It also has solar panels and a garden with a barbecue area. It is just 30 minutes away from Faro International Airport. CHARACTERISTICS:Area: 948 m2 | 10 204 sq ftEnergy efficiency: DFEATURES:8-bedrooms Terrace Fully equipped kitchen Solar panels Garden Barbecue Internationally awarded, LUXIMOS Christie's presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage.

LUXIMOS Christie's is the exclusive affiliate of Christie s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal.

Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina. LIc AMI 9063
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Property on Map

#1LS02051

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 €945,000 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
€945,000 £803,902 £827,281 £23,379
Property Price € €945,000
Minimum cost in the last six months £803,902
Maximum cost in the last six months £827,281
Fluctuating exchange rates over the last six months could have increased the cost of this property by £23,379

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 €945,000 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
€945,000 £803,902 £827,281 £23,379
Property Price € €945,000
Minimum cost in the last six months £803,902
Maximum cost in the last six months £827,281
Fluctuating exchange rates over the last six months could have increased the cost of this property by £23,379

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 £23,379 more.

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