V3 IN RUA DE LOULÉ Magnificent ground floor apartment within a 3-floor townhouse with three bedrooms and a 146m² backyard in a quiet, yet central area of Loulé

Loulé, Faro, Portugal

For Sale

€510,000

REF: 853614 €510,000


3

2

122 m2

146 m2

Description

V3 IN RUA DE LOULÉ Magnificent ground floor apartment within a 3-floor townhouse with three bedrooms and a 146m² backyard in a quiet, yet central area of Loulé. This precious gem, that due to its characteristics feels more like a house, is the result of a total renovation, designed with taste and quality materials.

When we arrive at the entrance door, we encounter a long corridor whose floor is decorated with elegant hydraulic tiles surrounded by a frame that highlights them. The three bedrooms, including a suite, are distributed along the corridor and have built-in wardrobes. Both bathrooms have walk-in showers, and the walls are covered in relief tiles, giving them a touch of sophistication.

To top it off, we have the living room and the fully equipped tailor-made kitchen, both with generous dimensions. The living room has large sliding patio doors that give access to the backyard area. Although the current owner has some ideas for decorating this special and rare space within the city, future owners are free to unleash their imagination by creating an entertainment area for friends and family that suits their taste and lifestyle.

The Loulé Municipal Park, the Tennis Club and the Municipal Swimming Pools (one indoor and an outdoor Olympic pool) are just a stone's throw from this very special property. Do not hesitate to schedule a viewing with me. I will be delighted to show it to you! Loulé is a charming city whose history predates the conquest of the Muslims, when it became a small fortified and prosperous city which has continued over time until today.

Loulé has an impressive Municipal Museum, with several physical spaces distributed throughout the city. With an active and vibrant cultural life, it is here that we find several internationally known events, among others Loulé Jazz Festival, the MED Festival, and the iconic Loulé Carnival - the oldest festival in the country, with more than 100 years of history existence - among others.

In addition to its vibrant cultural life, Loulé is home to various activities and sporting facilities - the Multipurpose Sports Pavilion, the Tennis Club, the Public Swimming Pools - not forgetting 13 of the most spectacular and sought-after golf courses in the Algarve, which are distributed within a radius 15 km from this beautiful city.

Come and visit our beautiful, welcoming, city! At IAD, we have imposed a new way of looking at the real estate world thanks to an innovative model: the digitalization of the standard real estate agency through a network of independent agents. Since a real estate project is one of the most important steps in everybody’s life, we place the human being at the heart of our model, allowing thousands of people to change their lives and flourish within the real estate branch by building an international business.

We have created a new model that is more human, more supportive, where everyone's efforts contribute to the group's success. A model that allows everyone to be a winner, whether you are a buyer, seller, or broker. At IAD we share business with everyone who has a valid AMI license. If you are a professional in the sector and have a qualified buyer, please contact me for a visit. We promote your property on more than 200 international real estate portals in more than 60 countries. IAD, it’s good for real estate! #ref: 122526
V3 IN RUA DE LOULÉ Magnificent ground floor apartment within a 3-floor townhouse with three bedrooms and a 146m² backyard in a quiet, yet central area of Loulé. This precious gem, that due to its characteristics feels more like a house, is the result of a total renovation, designed with taste and quality materials.

When we arrive at the entrance door, we encounter a long corridor whose floor is decorated with elegant hydraulic tiles surrounded by a frame that highlights them. The three bedrooms, including a suite, are distributed along the corridor and have built-in wardrobes. Both bathrooms have walk-in showers, and the walls are covered in relief tiles, giving them a touch of sophistication.

To top it off, we have the living room and the fully equipped tailor-made kitchen, both with generous dimensions. The living room has large sliding patio doors that give access to the backyard area. Although the current owner has some ideas for decorating this special and rare space within the city, future owners are free to unleash their imagination by creating an entertainment area for friends and family that suits their taste and lifestyle.

The Loulé Municipal Park, the Tennis Club and the Municipal Swimming Pools (one indoor and an outdoor Olympic pool) are just a stone's throw from this very special property. Do not hesitate to schedule a viewing with me. I will be delighted to show it to you! Loulé is a charming city whose history predates the conquest of the Muslims, when it became a small fortified and prosperous city which has continued over time until today.

Loulé has an impressive Municipal Museum, with several physical spaces distributed throughout the city. With an active and vibrant cultural life, it is here that we find several internationally known events, among others Loulé Jazz Festival, the MED Festival, and the iconic Loulé Carnival - the oldest festival in the country, with more than 100 years of history existence - among others.

In addition to its vibrant cultural life, Loulé is home to various activities and sporting facilities - the Multipurpose Sports Pavilion, the Tennis Club, the Public Swimming Pools - not forgetting 13 of the most spectacular and sought-after golf courses in the Algarve, which are distributed within a radius 15 km from this beautiful city.

Come and visit our beautiful, welcoming, city! At IAD, we have imposed a new way of looking at the real estate world thanks to an innovative model: the digitalization of the standard real estate agency through a network of independent agents. Since a real estate project is one of the most important steps in everybody’s life, we place the human being at the heart of our model, allowing thousands of people to change their lives and flourish within the real estate branch by building an international business.

We have created a new model that is more human, more supportive, where everyone's efforts contribute to the group's success. A model that allows everyone to be a winner, whether you are a buyer, seller, or broker. At IAD we share business with everyone who has a valid AMI license. If you are a professional in the sector and have a qualified buyer, please contact me for a visit. We promote your property on more than 200 international real estate portals in more than 60 countries. IAD, it’s good for real estate! #ref: 122526
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Property on Map

#122526

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 €510,000 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
€510,000 £424,259 £439,319 £15,060
Property Price € €510,000
Minimum cost in the last six months £424,259
Maximum cost in the last six months £439,319
Fluctuating exchange rates over the last six months could have increased the cost of this property by £15,060

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 €510,000 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
€510,000 £424,259 £439,319 £15,060
Property Price € €510,000
Minimum cost in the last six months £424,259
Maximum cost in the last six months £439,319
Fluctuating exchange rates over the last six months could have increased the cost of this property by £15,060

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 £15,060 more.

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