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Loulé 359 m2 plot of land located 5 minutes from the centre of Loulé in a very quiet area
Loulé, Faro, Portugal
REF: 828934
€900,000
Description
Loulé 359 m2 plot of land located 5 minutes from the centre of Loulé in a very quiet area. The villa is currently under construction and is scheduled for completion in the third quarter of 2025. The project is for a modern villa with 2 floors, a basement and a large pool and garden area. Approved architectural project with the following areas: - Deployment area: 165m2 -Gross construction area: 253.5m2 Features approved project for house with basement, ground floor, 1st floor and pool and garden area: Gross construction area of the basement: 88.5m2 Ground floor gross construction area: 91.5m2 - Living/dining room: 36.75m2 -Kitchen: 18.75m2 - Guest WC: 3.25m2 1st floor gross construction area: 76m2 - Suite 1: 16m2 + 4.75m2 - Suite 2: 13.25m2 + 3.5m2 - Office: 14m2 Property Features: -Pool, -With car park -Regional centre - Proximity: Mountains, Beach, Restaurants -Panoramic views: Countryside view, Mountain view, Pool view, Garden view -Mains water Excellent land on which to build your dream villa to live in or monetise, don't miss out on this opportunity. Book your visit now! Translated with DeepL.com (free version) #ref: 117625
Loulé 359 m2 plot of land located 5 minutes from the centre of Loulé in a very quiet area. The villa is currently under construction and is scheduled for completion in the third quarter of 2025. The project is for a modern villa with 2 floors, a basement and a large pool and garden area. Approved architectural project with the following areas: - Deployment area: 165m2 -Gross construction area: 253.5m2 Features approved project for house with basement, ground floor, 1st floor and pool and garden area: Gross construction area of the basement: 88.5m2 Ground floor gross construction area: 91.5m2 - Living/dining room: 36.75m2 -Kitchen: 18.75m2 - Guest WC: 3.25m2 1st floor gross construction area: 76m2 - Suite 1: 16m2 + 4.75m2 - Suite 2: 13.25m2 + 3.5m2 - Office: 14m2 Property Features: -Pool, -With car park -Regional centre - Proximity: Mountains, Beach, Restaurants -Panoramic views: Countryside view, Mountain view, Pool view, Garden view -Mains water Excellent land on which to build your dream villa to live in or monetise, don't miss out on this opportunity. Book your visit now! Translated with DeepL.com (free version) #ref: 117625
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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 €900,000 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 |
|---|---|---|---|
| €900,000 | £741,510 | £773,505 | £31,995 |
| Property Price € | €900,000 |
| Minimum cost in the last six months | £741,510 |
| Maximum cost in the last six months | £773,505 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £31,995 |
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 €900,000 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 |
|---|---|---|---|
| €900,000 | £741,510 | £773,505 | £31,995 |
| Property Price € | €900,000 |
| Minimum cost in the last six months | £741,510 |
| Maximum cost in the last six months | £773,505 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £31,995 |
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 £31,995 more.
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