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Charming Town Square Property with Income-Generating Commercial Unit in Boliqueime
Loulé, Faro, Portugal, 8100-060
REF: 984795
€1,310,000
Description
Discover your dream lifestyle in this enchanting 3-floor, 211.0 m haven. With 3 bedrooms, and 2 bathrooms, plus versatile living spaces, this property offers a unique blend of charm and potential, perfect for those seeking a truly inspiring home in beautiful Boliqueime. This beautifully appointed apartment offers a rare opportunity to own a character-filled residence in the heart of the town, positioned directly beside the picturesque church in Boliqueime historic town square.
Set within a traditional building, the main apartment blends timeless charm with modern comfort. Bright and spacious, it provides an ideal home for those seeking a vibrant lifestyle surrounded by local culture, cafes, and community life.
What truly sets this property apart is the included ground-floor commercial unit currently leased to a well-established pizza restaurant. This thriving business provides a steady rental income, making this an attractive option for both homeowners and investors alike.
Whether you're looking to embrace authentic town-centre living or secure a home with an immediate return on investment, this unique property offers it all location, charm, and financial potential.
Discover your dream lifestyle in this enchanting 3-floor, 211.0 m haven. With 3 bedrooms, and 2 bathrooms, plus versatile living spaces, this property offers a unique blend of charm and potential, perfect for those seeking a truly inspiring home in beautiful Boliqueime. This beautifully appointed apartment offers a rare opportunity to own a character-filled residence in the heart of the town, positioned directly beside the picturesque church in Boliqueime historic town square.
Set within a traditional building, the main apartment blends timeless charm with modern comfort. Bright and spacious, it provides an ideal home for those seeking a vibrant lifestyle surrounded by local culture, cafes, and community life.
What truly sets this property apart is the included ground-floor commercial unit currently leased to a well-established pizza restaurant. This thriving business provides a steady rental income, making this an attractive option for both homeowners and investors alike.
Whether you're looking to embrace authentic town-centre living or secure a home with an immediate return on investment, this unique property offers it all location, charm, and financial potential.
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Currency Exchange
Loulé, Faro, Portugal, 8100-060
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 €1,310,000 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 |
|---|---|---|---|
| €1,310,000 | £1,081,340 | £1,142,333 | £60,994 |
| Property Price € | €1,310,000 |
| Minimum cost in the last six months | £1,081,340 |
| Maximum cost in the last six months | £1,142,333 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £60,994 |
Loulé, Faro, Portugal, 8100-060
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 €1,310,000 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 |
|---|---|---|---|
| €1,310,000 | £1,081,340 | £1,142,333 | £60,994 |
| Property Price € | €1,310,000 |
| Minimum cost in the last six months | £1,081,340 |
| Maximum cost in the last six months | £1,142,333 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £60,994 |
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 £60,994 more.
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