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Approved project, 4 Bed sea view villa with pool and basement
Loulé, Faro, Portugal, 8100
REF: 787586
€595,000
Description
A partially constructed house, with sea views, pool and basement, sold with an approved project. This part built villa is located in Parragil, a quiet area close to Loulé and Boliqueime with good access and mains services. The property has excellent sea views, and is at the end of a cul-de-sac.
The gross construction work (structure and walls) has been completed, which will save any purchaser time and money. To ensure that the new owner can complete the construction of the house, the property is sold with a project approved by the council.
The ground floor of the villa has two en-suite bedrooms and a spacious, open plan lounge/kitchen, with panoramic windows leading to the pool terrace. On the first floor there are two ensuite bedrooms, both with amazing sea views. In addition, a large roof terrace provides external living space. The basement includes a garage with space for three cars and a utility room and bathroom.
There is an option to purchase the plot next door (reference 1001-2329) which is also sold with an approved project for the construction of a villa and swimming pool.
This property provides a good option for those wanting to build and personalise their own property, without having to wait for approvals from the council and with a guaranteed building permission, removing risk and saving time and money.
A partially constructed house, with sea views, pool and basement, sold with an approved project. This part built villa is located in Parragil, a quiet area close to Loulé and Boliqueime with good access and mains services. The property has excellent sea views, and is at the end of a cul-de-sac.
The gross construction work (structure and walls) has been completed, which will save any purchaser time and money. To ensure that the new owner can complete the construction of the house, the property is sold with a project approved by the council.
The ground floor of the villa has two en-suite bedrooms and a spacious, open plan lounge/kitchen, with panoramic windows leading to the pool terrace. On the first floor there are two ensuite bedrooms, both with amazing sea views. In addition, a large roof terrace provides external living space. The basement includes a garage with space for three cars and a utility room and bathroom.
There is an option to purchase the plot next door (reference 1001-2329) which is also sold with an approved project for the construction of a villa and swimming pool.
This property provides a good option for those wanting to build and personalise their own property, without having to wait for approvals from the council and with a guaranteed building permission, removing risk and saving time and money.
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Currency Exchange
Loulé, Faro, Portugal, 8100
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 €595,000 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 |
|---|---|---|---|
| €595,000 | £492,844 | £511,373 | £18,528 |
| Property Price € | €595,000 |
| Minimum cost in the last six months | £492,844 |
| Maximum cost in the last six months | £511,373 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,528 |
Loulé, Faro, Portugal, 8100
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 €595,000 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 |
|---|---|---|---|
| €595,000 | £492,844 | £511,373 | £18,528 |
| Property Price € | €595,000 |
| Minimum cost in the last six months | £492,844 |
| Maximum cost in the last six months | £511,373 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,528 |
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 £18,528 more.
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