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4 Bedroom Main House + 1 Bedroom cottage in central location
Loulé, Faro, Portugal, 8100-221
REF: 965491
€929,500
Description
Located between the popular market town of Loule and Villamoura with its international marina and stunning beaches, this property is well located for all amenities. Set on a large plot of 9200m2 and consisting of two separate Villas. The main house comprises a fully fitted kitchen, a dining room, and a lounge with wood burning stove, which has direct access to a covered terrace overlooking the sparkling pool and landscaped gardens. Also on the ground floor are three bedrooms, one of which is ensuite with the other two sharing the second bathroom. The fourth bedroom is on the first floor with a private bathroom and storage room. The house benefits from central heating, solar hot water, and a double garage. The second property which is close by, yet completely private from the main house is a cozy one-bedroom cottage with kitchen, bathroom, living room, and is set amongst a beautiful tropical oasis.
Located between the popular market town of Loule and Villamoura with its international marina and stunning beaches, this property is well located for all amenities. Set on a large plot of 9200m2 and consisting of two separate Villas. The main house comprises a fully fitted kitchen, a dining room, and a lounge with wood burning stove, which has direct access to a covered terrace overlooking the sparkling pool and landscaped gardens. Also on the ground floor are three bedrooms, one of which is ensuite with the other two sharing the second bathroom. The fourth bedroom is on the first floor with a private bathroom and storage room. The house benefits from central heating, solar hot water, and a double garage. The second property which is close by, yet completely private from the main house is a cozy one-bedroom cottage with kitchen, bathroom, living room, and is set amongst a beautiful tropical oasis.
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Currency Exchange
Loulé, Faro, Portugal, 8100-221
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 €929,500 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 |
|---|---|---|---|
| €929,500 | £765,815 | £806,890 | £41,075 |
| Property Price € | €929,500 |
| Minimum cost in the last six months | £765,815 |
| Maximum cost in the last six months | £806,890 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £41,075 |
Loulé, Faro, Portugal, 8100-221
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 €929,500 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 |
|---|---|---|---|
| €929,500 | £765,815 | £806,890 | £41,075 |
| Property Price € | €929,500 |
| Minimum cost in the last six months | £765,815 |
| Maximum cost in the last six months | £806,890 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £41,075 |
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 £41,075 more.
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