3+2 bedroom villa in a condominium with pool and garage in Vilamoura, Algarve

Loulé, Faro, Portugal, 8125-526

For Sale

€645,000

REF: 741575 €645,000


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Description

Spacious 3+2 bedroom family home in a condominium with swimming pool and garage. Close to the beach and Golf. Beautiful 3+2 bedroom villa in a small condominium with swimming pool located in a quiet area just a few minutes from the beach, golf course and Vilamoura Marina. The villa has 263 sq.m. of built area and comprises of a living/dining room with a fireplace, an equipped kitchen, three bedrooms, one of which is en-suite and three bathrooms.

It also has a loft where we find the 4th bedroom and another room in the basement that can be converted into another bedroom. Furthermore there's a garage for 4 cars and a laundry area. The villa comes equipped with double glazing, electric shutters, air conditioning and solar panels. An excellent property for permanent housing and with potential for profitability. Deserves to be visited... AlgarveProperty.com - AMI: 2196 - T.: +351289310310
Spacious 3+2 bedroom family home in a condominium with swimming pool and garage. Close to the beach and Golf. Beautiful 3+2 bedroom villa in a small condominium with swimming pool located in a quiet area just a few minutes from the beach, golf course and Vilamoura Marina. The villa has 263 sq.m. of built area and comprises of a living/dining room with a fireplace, an equipped kitchen, three bedrooms, one of which is en-suite and three bathrooms.

It also has a loft where we find the 4th bedroom and another room in the basement that can be converted into another bedroom. Furthermore there's a garage for 4 cars and a laundry area. The villa comes equipped with double glazing, electric shutters, air conditioning and solar panels. An excellent property for permanent housing and with potential for profitability. Deserves to be visited... AlgarveProperty.com - AMI: 2196 - T.: +351289310310
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Property on Map

#MG237779P

Currency Exchange

Loulé, Faro, Portugal, 8125-526

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 €645,000 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
€645,000 £536,563 £555,100 £18,537
Property Price € €645,000
Minimum cost in the last six months £536,563
Maximum cost in the last six months £555,100
Fluctuating exchange rates over the last six months could have increased the cost of this property by £18,537

Loulé, Faro, Portugal, 8125-526

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 €645,000 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
€645,000 £536,563 £555,100 £18,537
Property Price € €645,000
Minimum cost in the last six months £536,563
Maximum cost in the last six months £555,100
Fluctuating exchange rates over the last six months could have increased the cost of this property by £18,537

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 £18,537 more.

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