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Old Townhouse
Loulé, Faro, Portugal, 8100-012
REF: 807063
€132,500
Description
This house has great potential! With a modernization and small reorganization of the rooms, it will look fantastic. It has a peaceful environment from the surroundings of a charming Algarve village and the location gives the possibility to enjoy pleasant views to the countryside and the village from the terrace and balcony.
The interior of the house is distributed on several levels and has two independent entrances, giving the possibility of converting the entire property into two small apartments if that is your interest. The middle floor has an independent entrance through a cul-de-sac and consists of a living room, kitchen, dining room, 1 bedroom and bathroom. On the lower floor, which has an entrance from the main street, there is a large single-room space that gives access to the remaining floors. On the upper floor there are 5 spaces that can be used according to your needs, there is also a terrace on the roof from which you can enjoy the magnificent view.
There are some facilities nearby, such as restaurants, cafes, shops, schools and Ribeira de Alte within walking distance and also the famous Queda do Vigário, a small waterfall with a leisure area, perfect for relaxing with your family. It's the perfect place to relax and enjoy the simplicity of rural life.
This house has great potential! With a modernization and small reorganization of the rooms, it will look fantastic. It has a peaceful environment from the surroundings of a charming Algarve village and the location gives the possibility to enjoy pleasant views to the countryside and the village from the terrace and balcony.
The interior of the house is distributed on several levels and has two independent entrances, giving the possibility of converting the entire property into two small apartments if that is your interest. The middle floor has an independent entrance through a cul-de-sac and consists of a living room, kitchen, dining room, 1 bedroom and bathroom. On the lower floor, which has an entrance from the main street, there is a large single-room space that gives access to the remaining floors. On the upper floor there are 5 spaces that can be used according to your needs, there is also a terrace on the roof from which you can enjoy the magnificent view.
There are some facilities nearby, such as restaurants, cafes, shops, schools and Ribeira de Alte within walking distance and also the famous Queda do Vigário, a small waterfall with a leisure area, perfect for relaxing with your family. It's the perfect place to relax and enjoy the simplicity of rural life.
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Currency Exchange
Loulé, Faro, Portugal, 8100-012
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 €132,500 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 |
|---|---|---|---|
| €132,500 | £112,716 | £116,142 | £3,425 |
| Property Price € | €132,500 |
| Minimum cost in the last six months | £112,716 |
| Maximum cost in the last six months | £116,142 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,425 |
Loulé, Faro, Portugal, 8100-012
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 €132,500 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 |
|---|---|---|---|
| €132,500 | £112,716 | £116,142 | £3,425 |
| Property Price € | €132,500 |
| Minimum cost in the last six months | £112,716 |
| Maximum cost in the last six months | £116,142 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,425 |
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 £3,425 more.
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