Charming single storey V3 villa on a double plot next to the marina and golf course in Vilamoura, Algarve

Loulé, Faro, Portugal, 8125-001

For Sale

€1,590,000

REF: 723048 €1,590,000


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Description

Excellent 3 bedroom villa, very well maintained, located in Vilamoura in a quiet and residential area, 15/20 minutes walk from the Marina and the beach. Double plot with a total area of 1.100 sq.m. with 191 sq.m. of built area. The single storey house comprises of a hallway, one spacious lounge with fireplace, one dining room, one fully equipped kitchen with a separate laundry area, one en-suite bedroom, two more bedrooms and another complete bathroom. Beautiful terrace next to the living room with barbecue area and two more outdoor storage rooms. We also have a large terrace with great sun exposure and panoramic views. The villa comes equipped with double glazing, air conditioning, central heating system with gas radiators and solar panels. Covered with hood and with extra insulation on the roofs. Beautiful private garden with a fabulous covered terrace ideal for an "al fresco" meal, it also has a swimming pool with salt treatment. Feasibility for the construction of another house on the second lot. Great letting potential. An excellent investment in a property with a lot of charm.
Excellent 3 bedroom villa, very well maintained, located in Vilamoura in a quiet and residential area, 15/20 minutes walk from the Marina and the beach. Double plot with a total area of 1.100 sq.m. with 191 sq.m. of built area. The single storey house comprises of a hallway, one spacious lounge with fireplace, one dining room, one fully equipped kitchen with a separate laundry area, one en-suite bedroom, two more bedrooms and another complete bathroom. Beautiful terrace next to the living room with barbecue area and two more outdoor storage rooms. We also have a large terrace with great sun exposure and panoramic views. The villa comes equipped with double glazing, air conditioning, central heating system with gas radiators and solar panels. Covered with hood and with extra insulation on the roofs. Beautiful private garden with a fabulous covered terrace ideal for an "al fresco" meal, it also has a swimming pool with salt treatment. Feasibility for the construction of another house on the second lot. Great letting potential. An excellent investment in a property with a lot of charm.
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Property on Map

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Currency Exchange

Loulé, Faro, Portugal, 8125-001

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 €1,590,000 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
€1,590,000 £1,334,519 £1,371,470 £36,952
Property Price € €1,590,000
Minimum cost in the last six months £1,334,519
Maximum cost in the last six months £1,371,470
Fluctuating exchange rates over the last six months could have increased the cost of this property by £36,952

Loulé, Faro, Portugal, 8125-001

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 €1,590,000 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
€1,590,000 £1,334,519 £1,371,470 £36,952
Property Price € €1,590,000
Minimum cost in the last six months £1,334,519
Maximum cost in the last six months £1,371,470
Fluctuating exchange rates over the last six months could have increased the cost of this property by £36,952

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 £36,952 more.

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