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Wonderful farm in Vale Formoso, Almancil, Loulé It is a rustic farm located between Almancil and Loulé, privileged by the particularity of being in an elevated position enjoying a view over the magnificent horizon, overlooking the sea
Loulé, Faro, Portugal
REF: 688061
€2,500,000
Description
Wonderful farm in Vale Formoso, Almancil, Loulé It is a rustic farm located between Almancil and Loulé, privileged by the particularity of being in an elevated position enjoying a view over the magnificent horizon, overlooking the sea. 5 minutes from the prestigious resort Quinta do Lago and Vale do Lobo, with the most beautiful beaches and golf courses in the region and just 15 minutes from Faro airport. Regarding its constitution: -A main house of type T2, composed of living and dining room, kitchen, pantry, 2 bathrooms and 3 terraces. It also has a basement the width of the house with potential for a gym, cinema or games area and a covered terrace of 60 m². -Two independent T1 apartments with bedroom, living room, kitchen, bathroom and terraces. -A guest house with terrace. -Garage with capacity for 4 vehicles -Pool with 70m2 and BBQ. -Wonderful and large garden around the farm. -Tennis court. Paved outside with traditional Portuguese pavement. Come and see this wonder. Book now your visit!!! #ref: 49202
Wonderful farm in Vale Formoso, Almancil, Loulé It is a rustic farm located between Almancil and Loulé, privileged by the particularity of being in an elevated position enjoying a view over the magnificent horizon, overlooking the sea. 5 minutes from the prestigious resort Quinta do Lago and Vale do Lobo, with the most beautiful beaches and golf courses in the region and just 15 minutes from Faro airport. Regarding its constitution: -A main house of type T2, composed of living and dining room, kitchen, pantry, 2 bathrooms and 3 terraces. It also has a basement the width of the house with potential for a gym, cinema or games area and a covered terrace of 60 m². -Two independent T1 apartments with bedroom, living room, kitchen, bathroom and terraces. -A guest house with terrace. -Garage with capacity for 4 vehicles -Pool with 70m2 and BBQ. -Wonderful and large garden around the farm. -Tennis court. Paved outside with traditional Portuguese pavement. Come and see this wonder. Book now your visit!!! #ref: 49202
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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 €2,500,000 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 |
|---|---|---|---|
| €2,500,000 | £2,059,750 | £2,148,625 | £88,875 |
| Property Price € | €2,500,000 |
| Minimum cost in the last six months | £2,059,750 |
| Maximum cost in the last six months | £2,148,625 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £88,875 |
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 €2,500,000 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 |
|---|---|---|---|
| €2,500,000 | £2,059,750 | £2,148,625 | £88,875 |
| Property Price € | €2,500,000 |
| Minimum cost in the last six months | £2,059,750 |
| Maximum cost in the last six months | £2,148,625 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £88,875 |
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 £88,875 more.
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