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3 bedroom country house, annexes and workshop
Loulé, Faro, Portugal, 8100- 237
REF: 608446
€1,100,000
Description
A unique house set in beautiful countryside, with 2 guest annexes and a workshop. If you like to live and think outside of the box, this house just outside Loulé, situated in a quiet rural area, could just be what you are looking for. The original house was totally renovated and transformed in a solid strong home, with cosy rustic features. The stone walls and beautiful floors give the house a traditional atmosphere.
The covered terrace which offers a lovely outside living space throughout the year gives access to a spacious living room with an open plan kitchen, and access to the office/bedroom 3. The other two bedrooms are spacious, and private, with the master bedroom also having an ensuite bathroom.
However, the main living accommodation is only a small part of this multi-faceted property. There are two guest annexes, sharing a pool, ideal to create a rental income (the current owners have operated as a licensed holiday let). To the rear of the house there is an enormous workshop, and space to create further accommodation, either for guests or for those with large families
All of this adds up to create an interesting home, full of character and with multiple possibilities for those who want to have a studio, host guests or who simply need lots of space. Set within natural gardens, and with sea and country views this is a fantastic opportunity, and not the type of house that is often available on the market.
A unique house set in beautiful countryside, with 2 guest annexes and a workshop. If you like to live and think outside of the box, this house just outside Loulé, situated in a quiet rural area, could just be what you are looking for. The original house was totally renovated and transformed in a solid strong home, with cosy rustic features. The stone walls and beautiful floors give the house a traditional atmosphere.
The covered terrace which offers a lovely outside living space throughout the year gives access to a spacious living room with an open plan kitchen, and access to the office/bedroom 3. The other two bedrooms are spacious, and private, with the master bedroom also having an ensuite bathroom.
However, the main living accommodation is only a small part of this multi-faceted property. There are two guest annexes, sharing a pool, ideal to create a rental income (the current owners have operated as a licensed holiday let). To the rear of the house there is an enormous workshop, and space to create further accommodation, either for guests or for those with large families
All of this adds up to create an interesting home, full of character and with multiple possibilities for those who want to have a studio, host guests or who simply need lots of space. Set within natural gardens, and with sea and country views this is a fantastic opportunity, and not the type of house that is often available on the market.
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Currency Exchange
Loulé, Faro, Portugal, 8100- 237
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 €1,100,000 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 |
|---|---|---|---|
| €1,100,000 | £911,141 | £945,395 | £34,254 |
| Property Price € | €1,100,000 |
| Minimum cost in the last six months | £911,141 |
| Maximum cost in the last six months | £945,395 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £34,254 |
Loulé, Faro, Portugal, 8100- 237
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 €1,100,000 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 |
|---|---|---|---|
| €1,100,000 | £911,141 | £945,395 | £34,254 |
| Property Price € | €1,100,000 |
| Minimum cost in the last six months | £911,141 |
| Maximum cost in the last six months | £945,395 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £34,254 |
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 £34,254 more.
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