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Fabulous Quinta for sale in large plot with Annex, Boliqueime
Loulé, Faro, Portugal, 8100-073
REF: 638440
€950,000
Description
Beautifully converted traditional quinta with guest annex, set in large, private plot with excellent views. This spacious, charming single storey house combines traditional style and materials with modern updates, creating a charming, practical home.
The main house has five bedrooms, four of which have en-suite bathrooms. Within the guest annex you have a one bedroom studio with en-suite bathroom, so you have accommodation that is flexible, and ideal for those with large families or regular guests.
Ample social and entertaining space is provided with a large dual aspect lounge/diner, that has large patio doors opening out onto the pool terrace and natural gardens, where mature trees provide shade. Privacy is guaranteed, with a plot that totals 8.000m2, with neighbouring orange groves. The pool is set centrally within the gardens, surrounded by trees and shrubs that provide a feeling of being within the middle of nature.
This property is well equipped and designed for year round use, with air conditioning, heat pump for hot water, double glazing, wood burning stove and fully equipped kitchen. A double garage ensures that you always have space for vehicles and storage.
Currently the house has been providing a good rental income, and has a rental licence (Alojamento Local) that can be transferred to a new owner.
A large house, with a a practical, spacious layout, located in a private, quiet area but only a few minutes drive from the village of Boliqueime, an International school and the coast.
Beautifully converted traditional quinta with guest annex, set in large, private plot with excellent views. This spacious, charming single storey house combines traditional style and materials with modern updates, creating a charming, practical home.
The main house has five bedrooms, four of which have en-suite bathrooms. Within the guest annex you have a one bedroom studio with en-suite bathroom, so you have accommodation that is flexible, and ideal for those with large families or regular guests.
Ample social and entertaining space is provided with a large dual aspect lounge/diner, that has large patio doors opening out onto the pool terrace and natural gardens, where mature trees provide shade. Privacy is guaranteed, with a plot that totals 8.000m2, with neighbouring orange groves. The pool is set centrally within the gardens, surrounded by trees and shrubs that provide a feeling of being within the middle of nature.
This property is well equipped and designed for year round use, with air conditioning, heat pump for hot water, double glazing, wood burning stove and fully equipped kitchen. A double garage ensures that you always have space for vehicles and storage.
Currently the house has been providing a good rental income, and has a rental licence (Alojamento Local) that can be transferred to a new owner.
A large house, with a a practical, spacious layout, located in a private, quiet area but only a few minutes drive from the village of Boliqueime, an International school and the coast.
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Currency Exchange
Loulé, Faro, Portugal, 8100-073
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 €950,000 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 |
|---|---|---|---|
| €950,000 | £786,895 | £816,478 | £29,583 |
| Property Price € | €950,000 |
| Minimum cost in the last six months | £786,895 |
| Maximum cost in the last six months | £816,478 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £29,583 |
Loulé, Faro, Portugal, 8100-073
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 €950,000 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 |
|---|---|---|---|
| €950,000 | £786,895 | £816,478 | £29,583 |
| Property Price € | €950,000 |
| Minimum cost in the last six months | £786,895 |
| Maximum cost in the last six months | £816,478 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £29,583 |
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 £29,583 more.
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