House to Refurbish - Sea View- Swimming Pool- Good access- Loulé

Loulé, Faro, Portugal, 8100-221

For Sale

€545,000

REF: 598507 €545,000


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Description

House to remodel 5 minutes from Loulé with Sea View and a plot of 15150m2. Possibility to rebuild and increase the existing area, borehole and good accesses. House with two floors to remodel. This property consists of two articles, a built area of 250m2 and a rustic one with 15100m2, located in a quiet area 5 minutes from Loulé and the Quinta da Ombria Resort.

With an excellent location, on a high point where you have a privileged view of the mountains and you can see the sea. With an area of 15150m2, it has unique characteristics that give it enormous potential, in this property carob trees predominate, there is a water hole, a water tank with a capacity of 30,000 liters and a swimming pool where you can enjoy a breathtaking view. Possibility of increasing the construction area, with authorization from the Municipality of Loulé. Contact us for more information or to visit.
House to remodel 5 minutes from Loulé with Sea View and a plot of 15150m2. Possibility to rebuild and increase the existing area, borehole and good accesses. House with two floors to remodel. This property consists of two articles, a built area of 250m2 and a rustic one with 15100m2, located in a quiet area 5 minutes from Loulé and the Quinta da Ombria Resort.

With an excellent location, on a high point where you have a privileged view of the mountains and you can see the sea. With an area of 15150m2, it has unique characteristics that give it enormous potential, in this property carob trees predominate, there is a water hole, a water tank with a capacity of 30,000 liters and a swimming pool where you can enjoy a breathtaking view. Possibility of increasing the construction area, with authorization from the Municipality of Loulé. Contact us for more information or to visit.
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Property on Map

#SL26-183

Currency Exchange

Loulé, Faro, Portugal, 8100-221

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 €545,000 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
€545,000 £451,429 £468,400 £16,971
Property Price € €545,000
Minimum cost in the last six months £451,429
Maximum cost in the last six months £468,400
Fluctuating exchange rates over the last six months could have increased the cost of this property by £16,971

Loulé, Faro, Portugal, 8100-221

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 €545,000 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
€545,000 £451,429 £468,400 £16,971
Property Price € €545,000
Minimum cost in the last six months £451,429
Maximum cost in the last six months £468,400
Fluctuating exchange rates over the last six months could have increased the cost of this property by £16,971

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 £16,971 more.

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