Exceptional opportunity! If you are looking for a peaceful place to live or work, with fresh air, and an unbeatable view over much of the Algarve and the sea, this is the right property for you! This building can easily be converted into a house, with the added possibility of building a Rural Touris

Loulé, Faro, Portugal

For Sale

€460,000

REF: 812836 €460,000


2

5


327 m2

11964 m2

Description

Exceptional opportunity! If you are looking for a peaceful place to live or work, with fresh air, and an unbeatable view over much of the Algarve and the sea, this is the right property for you! This building can easily be converted into a house, with the added possibility of building a Rural Tourism up to 2 000 m².

The octagonal-shaped building is surrounded by double-glazed sliding doors that lead to a large terrace, where you can enjoy the breathtaking view that stretches across the hills to the sea. It consists of a large open room, three bathrooms (one for people with reduced mobility), and a very large kitchen.

It also has plenty of storage space, a dressing room, and a bathroom on the lower floor. The property includes a separate accommodation with bedroom and bathroom, perfect for visitors or staff. It is equipped with air conditioning, pre-installation for solar panel, and has an access ramp for people with reduced mobility.

The land is 11 964 m² and has a borehole, cistern, and wastewater treatment plant. This property can also function as a restaurant. Don't miss this opportunity and call me for a viewing! At IAD we partner with all licensed real estate consultants. Call me if you have clients for this property. Loulé is a charming city whose history predates the conquest of the Muslims, when it became a small fortified and prosperous city, which has continued over time until today.

Loulé has an impressive Municipal Museum, with several physical spaces and centres distributed throughout the city. With an active and vibrant cultural life, it is here that we find several internationally known events, among others Loulé Jazz Festival, the MED Festival, and the iconic Loulé Carnival - the oldest festival in the country, with more than 100 years of history existence, among others.

In addition to its vibrant cultural life, Loulé is home to various activities and sporting facilities - the Multipurpose Sports Pavilion, the Tennis Club, the Public Swimming Pools - not forgetting 13 of the most spectacular and sought-after golf courses in the Algarve, which are distributed within a radius 15 km from this beautiful city.

Come visit this beautiful and welcoming city. At IAD, we have imposed a new way of looking at the real estate world thanks to an innovative model: the digitalization of the physical agency through a network of independent agents. Since a real estate project is an important step in everybodys life, we place the human being at the heart of our model, allowing thousands of people to change their lives and flourish in the real estate branch by building an international business.

We have created a new model that is more human, more supportive, where everyone's efforts contribute to the group's success. A model that allows everyone to be a winner, whether you are a buyer, seller, or advisor. At IAD we share with everyone who has a valid AMI license. If you are a professional in the sector and have a qualified buyer, please contact me for a visit. We promote your property on more than 200 international real estate portals in more than 60 countries. IAD, its good for real estate! #ref: 116332
Exceptional opportunity! If you are looking for a peaceful place to live or work, with fresh air, and an unbeatable view over much of the Algarve and the sea, this is the right property for you! This building can easily be converted into a house, with the added possibility of building a Rural Tourism up to 2 000 m².

The octagonal-shaped building is surrounded by double-glazed sliding doors that lead to a large terrace, where you can enjoy the breathtaking view that stretches across the hills to the sea. It consists of a large open room, three bathrooms (one for people with reduced mobility), and a very large kitchen.

It also has plenty of storage space, a dressing room, and a bathroom on the lower floor. The property includes a separate accommodation with bedroom and bathroom, perfect for visitors or staff. It is equipped with air conditioning, pre-installation for solar panel, and has an access ramp for people with reduced mobility.

The land is 11 964 m² and has a borehole, cistern, and wastewater treatment plant. This property can also function as a restaurant. Don't miss this opportunity and call me for a viewing! At IAD we partner with all licensed real estate consultants. Call me if you have clients for this property. Loulé is a charming city whose history predates the conquest of the Muslims, when it became a small fortified and prosperous city, which has continued over time until today.

Loulé has an impressive Municipal Museum, with several physical spaces and centres distributed throughout the city. With an active and vibrant cultural life, it is here that we find several internationally known events, among others Loulé Jazz Festival, the MED Festival, and the iconic Loulé Carnival - the oldest festival in the country, with more than 100 years of history existence, among others.

In addition to its vibrant cultural life, Loulé is home to various activities and sporting facilities - the Multipurpose Sports Pavilion, the Tennis Club, the Public Swimming Pools - not forgetting 13 of the most spectacular and sought-after golf courses in the Algarve, which are distributed within a radius 15 km from this beautiful city.

Come visit this beautiful and welcoming city. At IAD, we have imposed a new way of looking at the real estate world thanks to an innovative model: the digitalization of the physical agency through a network of independent agents. Since a real estate project is an important step in everybodys life, we place the human being at the heart of our model, allowing thousands of people to change their lives and flourish in the real estate branch by building an international business.

We have created a new model that is more human, more supportive, where everyone's efforts contribute to the group's success. A model that allows everyone to be a winner, whether you are a buyer, seller, or advisor. At IAD we share with everyone who has a valid AMI license. If you are a professional in the sector and have a qualified buyer, please contact me for a visit. We promote your property on more than 200 international real estate portals in more than 60 countries. IAD, its good for real estate! #ref: 116332
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Property on Map

#116332

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 €460,000 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
€460,000 £391,317 £403,185 £11,868
Property Price € €460,000
Minimum cost in the last six months £391,317
Maximum cost in the last six months £403,185
Fluctuating exchange rates over the last six months could have increased the cost of this property by £11,868

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 €460,000 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
€460,000 £391,317 £403,185 £11,868
Property Price € €460,000
Minimum cost in the last six months £391,317
Maximum cost in the last six months £403,185
Fluctuating exchange rates over the last six months could have increased the cost of this property by £11,868

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 £11,868 more.

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