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Two old houses with/ Land
Loulé, Faro, Portugal, 8100-183
REF: 552736
€85,000
Description
Located in an idyllic and rural setting, these two single-story houses have the architectural style, typical of the Algarve mountains. Comprising a main house that still has ornamental features on its facade that it will be possible to renovate, this house is attached with other similar properties, it has a patio with a stunning view.
On the other side of the street there is another old house with stone walls and a good-sized land, also with an unobstructed view of the surrounding mountains. Both houses need total reconstruction.
You can have your own vegetable garden and convert the plot into a dream garden. The access is on tarmac and in perfect condition.
Surrounded by quietness, but with some neighbors close by, it is Ideal for those who love rural life and who prefer to be in direct contact with nature as it is possible to enjoy and explore the surrounding trails or simply relax and enjoy the view.
- 14 km to Salir
- 40 km the beaches / Coast
- 2 Km to the Buddhist Center "Stupa"
Located in an idyllic and rural setting, these two single-story houses have the architectural style, typical of the Algarve mountains. Comprising a main house that still has ornamental features on its facade that it will be possible to renovate, this house is attached with other similar properties, it has a patio with a stunning view.
On the other side of the street there is another old house with stone walls and a good-sized land, also with an unobstructed view of the surrounding mountains. Both houses need total reconstruction.
You can have your own vegetable garden and convert the plot into a dream garden. The access is on tarmac and in perfect condition.
Surrounded by quietness, but with some neighbors close by, it is Ideal for those who love rural life and who prefer to be in direct contact with nature as it is possible to enjoy and explore the surrounding trails or simply relax and enjoy the view.
- 14 km to Salir
- 40 km the beaches / Coast
- 2 Km to the Buddhist Center "Stupa"
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Property on Map
Currency Exchange
Loulé, Faro, Portugal, 8100-183
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 €85,000 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 |
|---|---|---|---|
| €85,000 | £70,032 | £73,053 | £3,022 |
| Property Price € | €85,000 |
| Minimum cost in the last six months | £70,032 |
| Maximum cost in the last six months | £73,053 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,022 |
Loulé, Faro, Portugal, 8100-183
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 €85,000 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 |
|---|---|---|---|
| €85,000 | £70,032 | £73,053 | £3,022 |
| Property Price € | €85,000 |
| Minimum cost in the last six months | £70,032 |
| Maximum cost in the last six months | £73,053 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,022 |
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 £3,022 more.
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