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This charming renovated villa, located near Alte, Loulé, harmoniously combines modern design with traditional details
Loule, Portugal
REF: 788597
€650,000
Description
This charming renovated villa, located near Alte, Loulé, harmoniously combines modern design with traditional details. There is a central villa with several annexes around it. In the central villa, there are three bedrooms, two of which are en-suite, as well as an equipped kitchen with plenty of storage space, and an open-plan living room, creating an ideal space for socializing. The four annexes were converted into bedrooms with bathrooms, maintaining the desired privacy, with their own entrances. The refurbishment of the outbuildings preserved the original features, without neglecting the comfort and rustic atmosphere of the property. This is an excellent investment opportunity, as the annexes are equipped with all the modern facilities needed for a Bed and Breakfast, or just to receive family and friends. In the garden, we find the swimming pool, a welcoming and well-kept space with a communal leisure area, ideal for enjoying the mild weather of the Algarve region. With an excellent location, known for its breathtaking views and tranquil atmosphere, this villa offers the serenity of a country retreat, without compromising access to essential amenities. This villa is situated 45 minutes away from the Faro International Airport. CHARACTERISTICS:Plot Area: 780 m2 | 8 396 sq ftDeployment Area: 166 m2 | 1 787 sq ftBuilding Area: 332 m2 | 3 574 sq ftBedrooms: 7Bathrooms: 7Energy efficiency: DFEATURES:7 bedrooms Equipped kitchen Backyard/ garden Swimming pool Internationally awarded, LUXIMOS Christie's presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage. LUXIMOS Christie's is the exclusive affiliate of Christie s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal. Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina. LIc AMI 9063
This charming renovated villa, located near Alte, Loulé, harmoniously combines modern design with traditional details. There is a central villa with several annexes around it. In the central villa, there are three bedrooms, two of which are en-suite, as well as an equipped kitchen with plenty of storage space, and an open-plan living room, creating an ideal space for socializing. The four annexes were converted into bedrooms with bathrooms, maintaining the desired privacy, with their own entrances. The refurbishment of the outbuildings preserved the original features, without neglecting the comfort and rustic atmosphere of the property. This is an excellent investment opportunity, as the annexes are equipped with all the modern facilities needed for a Bed and Breakfast, or just to receive family and friends. In the garden, we find the swimming pool, a welcoming and well-kept space with a communal leisure area, ideal for enjoying the mild weather of the Algarve region. With an excellent location, known for its breathtaking views and tranquil atmosphere, this villa offers the serenity of a country retreat, without compromising access to essential amenities. This villa is situated 45 minutes away from the Faro International Airport. CHARACTERISTICS:Plot Area: 780 m2 | 8 396 sq ftDeployment Area: 166 m2 | 1 787 sq ftBuilding Area: 332 m2 | 3 574 sq ftBedrooms: 7Bathrooms: 7Energy efficiency: DFEATURES:7 bedrooms Equipped kitchen Backyard/ garden Swimming pool Internationally awarded, LUXIMOS Christie's presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage. LUXIMOS Christie's is the exclusive affiliate of Christie s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal. Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina. LIc AMI 9063
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Currency Exchange
Loule, 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 €650,000 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 |
|---|---|---|---|
| €650,000 | £540,722 | £559,403 | £18,681 |
| Property Price € | €650,000 |
| Minimum cost in the last six months | £540,722 |
| Maximum cost in the last six months | £559,403 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,681 |
Loule, 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 €650,000 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 |
|---|---|---|---|
| €650,000 | £540,722 | £559,403 | £18,681 |
| Property Price € | €650,000 |
| Minimum cost in the last six months | £540,722 |
| Maximum cost in the last six months | £559,403 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,681 |
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 £18,681 more.
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