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A newly built terraced villa, T4, located in a residential area 5 minutes from the town of Loulé, close to Mar Shopping, 15 minutes from the beach and 20 minutes from Faro airport
Loulé, Faro, Portugal
REF: 523434
€580,000
Description
A newly built terraced villa, T4, located in a residential area 5 minutes from the town of Loulé, close to Mar Shopping, 15 minutes from the beach and 20 minutes from Faro airport. The house is the last in a condominium of only 3 villas that share a swimming pool, garden and guest parking at the entrance to the complex. The house consists of two floors for living and a huge garage of 125 m2 in the basement with an entrance equipped with an automatic door and convenient access from inside the house. On entering we find a large entrance hall with a staircase giving access to the first floor, a bedroom, a bathroom, a large living room with a fireplace, a fully equipped kitchen and a pantry. From the living room and the kitchen there is access to a large terrace with a fantastic view of the countryside, barbecue and a sink. A gate allows you to pass from the veranda directly to a further garden area, for private use, adjacent to the communal pool. On the first floor are three bedrooms, two of which are en suite, and a shared bathroom. All rooms have built-in wardrobes and balconies with views of the countryside and pool. The house is equipped with air conditioning, newly installed, in every division, electric shutters and double glazing with sound insulation, a 300-litre storage heater and video intercom. Call me and schedule your visit! #ref: 73678
A newly built terraced villa, T4, located in a residential area 5 minutes from the town of Loulé, close to Mar Shopping, 15 minutes from the beach and 20 minutes from Faro airport. The house is the last in a condominium of only 3 villas that share a swimming pool, garden and guest parking at the entrance to the complex. The house consists of two floors for living and a huge garage of 125 m2 in the basement with an entrance equipped with an automatic door and convenient access from inside the house. On entering we find a large entrance hall with a staircase giving access to the first floor, a bedroom, a bathroom, a large living room with a fireplace, a fully equipped kitchen and a pantry. From the living room and the kitchen there is access to a large terrace with a fantastic view of the countryside, barbecue and a sink. A gate allows you to pass from the veranda directly to a further garden area, for private use, adjacent to the communal pool. On the first floor are three bedrooms, two of which are en suite, and a shared bathroom. All rooms have built-in wardrobes and balconies with views of the countryside and pool. The house is equipped with air conditioning, newly installed, in every division, electric shutters and double glazing with sound insulation, a 300-litre storage heater and video intercom. Call me and schedule your visit! #ref: 73678
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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 €580,000 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 |
|---|---|---|---|
| €580,000 | £480,420 | £498,481 | £18,061 |
| Property Price € | €580,000 |
| Minimum cost in the last six months | £480,420 |
| Maximum cost in the last six months | £498,481 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,061 |
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 €580,000 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 |
|---|---|---|---|
| €580,000 | £480,420 | £498,481 | £18,061 |
| Property Price € | €580,000 |
| Minimum cost in the last six months | £480,420 |
| Maximum cost in the last six months | £498,481 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,061 |
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 £18,061 more.
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