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Spacious property comprising two 3-bedroom villas, with swimming pool, garden and unobstructed views of the sea and mountains, located on the outskirts of Loulé in the Algarve
Loule, Portugal
REF: 970280
€1,960,000
Description
Spacious property comprising two 3-bedroom villas, with swimming pool, garden and unobstructed views of the sea and mountains, located on the outskirts of Loulé in the Algarve. With generous and well-organized interiors and exteriors , this property offers a versatile and functional solution for both large families and those looking for a property with potential for additional income. Each villa is spread over two floors and has three large bedrooms, including a master suite with dressing room and en-suite bathroom. Social areas include a living-dining room with a fireplace, a fully equipped kitchen , a laundry/utility room and direct access to the garden and pool. The communal outdoor area provides an ideal setting for leisure and socializing, with a spacious garden, swimming pool and barbecue area. The closed garage has capacity for two vehicles and offers plenty of storage space. Both houses are equipped with air conditioning in every room and have recently undergone improvements in terms of thermal insulation and window frames. Situated in a quiet and private area with excellent sun exposure, just 5 minutes from the center of Loulé, this property is close to all essential services. CHARACTERISTICS:Plot Area: 4 340 m2 | 46 715 sq ftUseful area: 276 m2 | 2 968 sq ftDeployment Area: 324 m2 | 3 482 sq ftBedrooms: 6Bathrooms: 4Garage: 2Energy efficiency: BFEATURES:2 properties Equipped 3 bedroom Communal swimming pool Communal garden Sea views 2 floors Garage 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
Spacious property comprising two 3-bedroom villas, with swimming pool, garden and unobstructed views of the sea and mountains, located on the outskirts of Loulé in the Algarve. With generous and well-organized interiors and exteriors , this property offers a versatile and functional solution for both large families and those looking for a property with potential for additional income. Each villa is spread over two floors and has three large bedrooms, including a master suite with dressing room and en-suite bathroom. Social areas include a living-dining room with a fireplace, a fully equipped kitchen , a laundry/utility room and direct access to the garden and pool. The communal outdoor area provides an ideal setting for leisure and socializing, with a spacious garden, swimming pool and barbecue area. The closed garage has capacity for two vehicles and offers plenty of storage space. Both houses are equipped with air conditioning in every room and have recently undergone improvements in terms of thermal insulation and window frames. Situated in a quiet and private area with excellent sun exposure, just 5 minutes from the center of Loulé, this property is close to all essential services. CHARACTERISTICS:Plot Area: 4 340 m2 | 46 715 sq ftUseful area: 276 m2 | 2 968 sq ftDeployment Area: 324 m2 | 3 482 sq ftBedrooms: 6Bathrooms: 4Garage: 2Energy efficiency: BFEATURES:2 properties Equipped 3 bedroom Communal swimming pool Communal garden Sea views 2 floors Garage 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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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 €1,960,000 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 |
|---|---|---|---|
| €1,960,000 | £1,614,844 | £1,701,456 | £86,612 |
| Property Price € | €1,960,000 |
| Minimum cost in the last six months | £1,614,844 |
| Maximum cost in the last six months | £1,701,456 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £86,612 |
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 €1,960,000 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 |
|---|---|---|---|
| €1,960,000 | £1,614,844 | £1,701,456 | £86,612 |
| Property Price € | €1,960,000 |
| Minimum cost in the last six months | £1,614,844 |
| Maximum cost in the last six months | £1,701,456 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £86,612 |
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 £86,612 more.
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