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Apartment for sale | 1 bedroom | furnished and with guaranteed investment | golf resort | Loulé - Algarve Enjoy the best of both worlds
Loulé, Faro, Portugal
REF: 807892
€659,200
Description
Apartment for sale | 1 bedroom | furnished and with guaranteed investment | golf resort | Loulé - Algarve Enjoy the best of both worlds. Perfect for families who want to live surrounded by quiet, views and golf. Or for those who want to invest in the Algarve with details and services of a luxury resort. Fresh air, natural beauty, the charm of the white villages with cobbled streets, together with prime services and still have a guaranteed return on your investment are some of the privileges you can find in this southern resort of Portugal. A perfect investment opportunity with a guaranteed minimum net return of 5% per year for the first five years (before taxes but after deducting all expenses), coupled with a well-managed holiday home so you can relax with your family and in the end be able to close the door and leave rested. Each owner can spend up to ten weeks a year at this family-friendly resort wrapped in natural beauty, the remaining time their property will be managed by Viceroy Hotels & Resorts. 65 apartments with an innovative design of one and two bedrooms, with areas from 70 to 173 m of internal area, integrated in the 5-star hotel distributed by 18 buildings in the main village. Expected to open in 4Q2024 All apartments are fully furnished and equipped with meticulously customized natural materials for kitchens, living rooms, bedrooms, bathrooms and terraces. Some units, have private pools or jacuzzi will surely find the most perfect for you. The owners enjoy all the facilities and services of the Hotel, such as five restaurants, heated swimming pools, a conference center, regionally inspired spa and the Kids Club, concierge, 24-hour security system including CCTV, as well as the 18-hole golf course. Images model apartment Location In the heart of the Algarve, south of Portugal, near Loulé and Querença, in a paradise for nature lovers, between green hills with rugged trails and slightly sloping valleys. A village carved into the rolling slopes, 15 minutes from Faro airport. 2h30 from Lisbon Energy Rating: A #ref:APT879.AV
Apartment for sale | 1 bedroom | furnished and with guaranteed investment | golf resort | Loulé - Algarve Enjoy the best of both worlds. Perfect for families who want to live surrounded by quiet, views and golf. Or for those who want to invest in the Algarve with details and services of a luxury resort. Fresh air, natural beauty, the charm of the white villages with cobbled streets, together with prime services and still have a guaranteed return on your investment are some of the privileges you can find in this southern resort of Portugal. A perfect investment opportunity with a guaranteed minimum net return of 5% per year for the first five years (before taxes but after deducting all expenses), coupled with a well-managed holiday home so you can relax with your family and in the end be able to close the door and leave rested. Each owner can spend up to ten weeks a year at this family-friendly resort wrapped in natural beauty, the remaining time their property will be managed by Viceroy Hotels & Resorts. 65 apartments with an innovative design of one and two bedrooms, with areas from 70 to 173 m of internal area, integrated in the 5-star hotel distributed by 18 buildings in the main village. Expected to open in 4Q2024 All apartments are fully furnished and equipped with meticulously customized natural materials for kitchens, living rooms, bedrooms, bathrooms and terraces. Some units, have private pools or jacuzzi will surely find the most perfect for you. The owners enjoy all the facilities and services of the Hotel, such as five restaurants, heated swimming pools, a conference center, regionally inspired spa and the Kids Club, concierge, 24-hour security system including CCTV, as well as the 18-hole golf course. Images model apartment Location In the heart of the Algarve, south of Portugal, near Loulé and Querença, in a paradise for nature lovers, between green hills with rugged trails and slightly sloping valleys. A village carved into the rolling slopes, 15 minutes from Faro airport. 2h30 from Lisbon Energy Rating: A #ref:APT879.AV
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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 €659,200 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 |
|---|---|---|---|
| €659,200 | £560,775 | £577,782 | £17,007 |
| Property Price € | €659,200 |
| Minimum cost in the last six months | £560,775 |
| Maximum cost in the last six months | £577,782 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,007 |
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 €659,200 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 |
|---|---|---|---|
| €659,200 | £560,775 | £577,782 | £17,007 |
| Property Price € | €659,200 |
| Minimum cost in the last six months | £560,775 |
| Maximum cost in the last six months | £577,782 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,007 |
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 £17,007 more.
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