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Unique property with two 293m2 villas on a 10363m2 plot near Loulé! Located near the town of Loulé, in Poço Novo, this property has two traditional-style villas dating from 1914 and another from 1934
Loulé, Faro, Portugal
REF: 853288
€700,000
Description
Unique property with two 293m2 villas on a 10363m2 plot near Loulé! Located near the town of Loulé, in Poço Novo, this property has two traditional-style villas dating from 1914 and another from 1934. It sits on a plot of 10363m2. The villa has mains and borehole water, a cesspit and electric light. There is a water and sewage network nearby if you are interested in connecting. This property has : - Main house with 3 bedrooms. 2 bathrooms, kitchen, lounge - A house to renovate with 2 bedrooms, 1 bathroom, kitchen and living room. - A borehole -Yard and laundry room at the rear, - Many and varied fruit trees. FEATURES: Land area: 10363 m2 Gross construction area: 293 m2 Bedrooms: 5+ Energy Efficiency: F Superb location: 5 min from Loulé; 10 min from the A22; 12 min from MAR Shopping; 15 Nobel School; 25 min from the airport. Excellent property to live in or to invest in. Don't miss out on this opportunity. Book your visit now! Come and marvel!!! #ref: 115984
Unique property with two 293m2 villas on a 10363m2 plot near Loulé! Located near the town of Loulé, in Poço Novo, this property has two traditional-style villas dating from 1914 and another from 1934. It sits on a plot of 10363m2. The villa has mains and borehole water, a cesspit and electric light. There is a water and sewage network nearby if you are interested in connecting. This property has : - Main house with 3 bedrooms. 2 bathrooms, kitchen, lounge - A house to renovate with 2 bedrooms, 1 bathroom, kitchen and living room. - A borehole -Yard and laundry room at the rear, - Many and varied fruit trees. FEATURES: Land area: 10363 m2 Gross construction area: 293 m2 Bedrooms: 5+ Energy Efficiency: F Superb location: 5 min from Loulé; 10 min from the A22; 12 min from MAR Shopping; 15 Nobel School; 25 min from the airport. Excellent property to live in or to invest in. Don't miss out on this opportunity. Book your visit now! Come and marvel!!! #ref: 115984
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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 €700,000 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 |
|---|---|---|---|
| €700,000 | £587,524 | £603,792 | £16,268 |
| Property Price € | €700,000 |
| Minimum cost in the last six months | £587,524 |
| Maximum cost in the last six months | £603,792 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,268 |
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 €700,000 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 |
|---|---|---|---|
| €700,000 | £587,524 | £603,792 | £16,268 |
| Property Price € | €700,000 |
| Minimum cost in the last six months | £587,524 |
| Maximum cost in the last six months | £603,792 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,268 |
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 £16,268 more.
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