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2 T2 APARTMENT IN THE CENTER OF LOULÉ ✨ Excellent investment opportunity! ✨ Privileged location: in the heart of Loulé, an increasingly valued city full of amenities
Loulé, Faro, Portugal
REF: 789183
€250,000
Description
2 T2 APARTMENT IN THE CENTER OF LOULÉ ✨ Excellent investment opportunity! ✨ Privileged location: in the heart of Loulé, an increasingly valued city full of amenities. ✅ PROPERTY CHARACTERISTICS: - Area: 78m2 - Year of construction: 1993 - 2 bedrooms with wardrobes - 1 bathroom - Fully equipped kitchen with pantry. - Spacious sunroom ✅ PROPERTY BENEFITS: Perfect for rent or own use - Condominium with 2 elevators and easy access for people with reduced mobility - Safe and well-maintained building - Proximity to schools and nurseries - Located just 2 minutes walk from the center of Loulé - Pharmacies, restaurants, banks, supermarkets and other services are at your fingertips This apartment offers a unique investment opportunity. - Strategic location: Loulé is located in the heart of the Algarve, one of the most touristic regions in Portugal. Its central location makes it easy to access several beaches, golf courses, luxury resorts and other popular tourist spots. - Tourist growth: The Algarve receives millions of tourists every year, and Loulé is one of the most sought after destinations. Investing in the city center can allow you to benefit from the continued growth in tourism and the resulting increase in demand for services, shops and restaurants. - Developed infrastructure: The center of Loulé has a developed infrastructure, with several commercial, cultural and educational facilities, as well as efficient public services. This makes it easier to attract customers and investors to the area. - Historical and cultural heritage: Loulé is known for its historical and cultural heritage. The city center is home to a medieval castle, a Gothic church and several other tourist attractions. Investing in this area can allow you to benefit from cultural and historical tourism. - Property appreciation potential: With the continued growth of tourism and the increasing demand for properties in the region, investing in the center of Loulé can offer good long-term appreciation potential. This can make your property an excellent investment option. Get in touch and schedule a visit to see this property! Investing in Loulé is investing in your future! #ref: 112138
2 T2 APARTMENT IN THE CENTER OF LOULÉ ✨ Excellent investment opportunity! ✨ Privileged location: in the heart of Loulé, an increasingly valued city full of amenities. ✅ PROPERTY CHARACTERISTICS: - Area: 78m2 - Year of construction: 1993 - 2 bedrooms with wardrobes - 1 bathroom - Fully equipped kitchen with pantry. - Spacious sunroom ✅ PROPERTY BENEFITS: Perfect for rent or own use - Condominium with 2 elevators and easy access for people with reduced mobility - Safe and well-maintained building - Proximity to schools and nurseries - Located just 2 minutes walk from the center of Loulé - Pharmacies, restaurants, banks, supermarkets and other services are at your fingertips This apartment offers a unique investment opportunity. - Strategic location: Loulé is located in the heart of the Algarve, one of the most touristic regions in Portugal. Its central location makes it easy to access several beaches, golf courses, luxury resorts and other popular tourist spots. - Tourist growth: The Algarve receives millions of tourists every year, and Loulé is one of the most sought after destinations. Investing in the city center can allow you to benefit from the continued growth in tourism and the resulting increase in demand for services, shops and restaurants. - Developed infrastructure: The center of Loulé has a developed infrastructure, with several commercial, cultural and educational facilities, as well as efficient public services. This makes it easier to attract customers and investors to the area. - Historical and cultural heritage: Loulé is known for its historical and cultural heritage. The city center is home to a medieval castle, a Gothic church and several other tourist attractions. Investing in this area can allow you to benefit from cultural and historical tourism. - Property appreciation potential: With the continued growth of tourism and the increasing demand for properties in the region, investing in the center of Loulé can offer good long-term appreciation potential. This can make your property an excellent investment option. Get in touch and schedule a visit to see this property! Investing in Loulé is investing in your future! #ref: 112138
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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 €250,000 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 |
|---|---|---|---|
| €250,000 | £207,078 | £214,863 | £7,785 |
| Property Price € | €250,000 |
| Minimum cost in the last six months | £207,078 |
| Maximum cost in the last six months | £214,863 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,785 |
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 €250,000 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 |
|---|---|---|---|
| €250,000 | £207,078 | £214,863 | £7,785 |
| Property Price € | €250,000 |
| Minimum cost in the last six months | £207,078 |
| Maximum cost in the last six months | £214,863 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,785 |
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 £7,785 more.
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