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Excellent opportunity! Single storey house T3 + annex T2 with independent pool and with a gross construction area of 274m2, ideal for those looking for their own home but with the possibility of monetization
Loulé, Faro, Portugal
REF: 595126
€690,000
Description
Excellent opportunity! Single storey house T3 + annex T2 with independent pool and with a gross construction area of 274m2, ideal for those looking for their own home but with the possibility of monetization. This fantastic house is completely fenced and is divided into two parts, the main house which comprises an open plan living and dining room including a wood burning fireplace, a separate fully equipped kitchen, a laundry room, a small office, 3 bedrooms, one of which is en-suite and a second bathroom. The Annex is independent from the main house and comprises a fully equipped kitchen, two bathrooms, a living room and two bedrooms overlooking the pool. In the external area there is also a double garage and plenty of garden space and exercise area, behind the main house there is another large garden area, which has a wooden construction that includes plumbing. Property located in Quarteira close to Vila Sol Resort, situated just a few minutes away from amenities this charming villa is inserted on a large plot with a total area of 1500m2. Ideal for those looking for a house in the countryside close to the city with the possibility of a source of income. Book your visit now! #ref: 80879
Excellent opportunity! Single storey house T3 + annex T2 with independent pool and with a gross construction area of 274m2, ideal for those looking for their own home but with the possibility of monetization. This fantastic house is completely fenced and is divided into two parts, the main house which comprises an open plan living and dining room including a wood burning fireplace, a separate fully equipped kitchen, a laundry room, a small office, 3 bedrooms, one of which is en-suite and a second bathroom. The Annex is independent from the main house and comprises a fully equipped kitchen, two bathrooms, a living room and two bedrooms overlooking the pool. In the external area there is also a double garage and plenty of garden space and exercise area, behind the main house there is another large garden area, which has a wooden construction that includes plumbing. Property located in Quarteira close to Vila Sol Resort, situated just a few minutes away from amenities this charming villa is inserted on a large plot with a total area of 1500m2. Ideal for those looking for a house in the countryside close to the city with the possibility of a source of income. Book your visit now! #ref: 80879
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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 €690,000 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 |
|---|---|---|---|
| €690,000 | £568,491 | £593,021 | £24,530 |
| Property Price € | €690,000 |
| Minimum cost in the last six months | £568,491 |
| Maximum cost in the last six months | £593,021 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £24,530 |
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 €690,000 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 |
|---|---|---|---|
| €690,000 | £568,491 | £593,021 | £24,530 |
| Property Price € | €690,000 |
| Minimum cost in the last six months | £568,491 |
| Maximum cost in the last six months | £593,021 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £24,530 |
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 £24,530 more.
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