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Exclusive listing with IAD! Property from the 80s to renovate, nestled on a wooded urban plot of 1394 m2 with a pool ideally located at the gates of Loulé
Loulé, Faro, Portugal
REF: 791431
€385,000
Description
Exclusive listing with IAD! Property from the 80s to renovate, nestled on a wooded urban plot of 1394 m2 with a pool ideally located at the gates of Loulé. The living area, located at street level, consists of a living room with fireplace, a kitchen, three bedrooms, a bathroom, an independent toilet, and a storage room. On the garden level, a vast basement with a garage door offers multiple possibilities for customization according to your needs and projects. Outside, there is a landscaped garden and a swimming pool. Among the highlights of this property, we emphasize the presence of a well that supplies the house with water and ensures irrigation of the garden, offering a practical and economical solution. Solar panel. This house represents an excellent opportunity for various projects: rental investment, dual-family home, creating additional income by developing the garden level, or simply living near Loulé. Renovation work is to be expected. Do not miss this unique opportunity to acquire a house with great potential in a pleasant setting. For more information or to arrange a visit, contact me now. #ref: 112663
Exclusive listing with IAD! Property from the 80s to renovate, nestled on a wooded urban plot of 1394 m2 with a pool ideally located at the gates of Loulé. The living area, located at street level, consists of a living room with fireplace, a kitchen, three bedrooms, a bathroom, an independent toilet, and a storage room. On the garden level, a vast basement with a garage door offers multiple possibilities for customization according to your needs and projects. Outside, there is a landscaped garden and a swimming pool. Among the highlights of this property, we emphasize the presence of a well that supplies the house with water and ensures irrigation of the garden, offering a practical and economical solution. Solar panel. This house represents an excellent opportunity for various projects: rental investment, dual-family home, creating additional income by developing the garden level, or simply living near Loulé. Renovation work is to be expected. Do not miss this unique opportunity to acquire a house with great potential in a pleasant setting. For more information or to arrange a visit, contact me now. #ref: 112663
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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 €385,000 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 |
|---|---|---|---|
| €385,000 | £320,274 | £331,339 | £11,065 |
| Property Price € | €385,000 |
| Minimum cost in the last six months | £320,274 |
| Maximum cost in the last six months | £331,339 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,065 |
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 €385,000 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 |
|---|---|---|---|
| €385,000 | £320,274 | £331,339 | £11,065 |
| Property Price € | €385,000 |
| Minimum cost in the last six months | £320,274 |
| Maximum cost in the last six months | £331,339 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,065 |
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 £11,065 more.
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