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Lovely three bedroom townhouse in a great location
Loulé, Faro, Portugal, 8135-024
REF: 866663
€995,000
Description
This charming three bedroom townhouse is located in the Varandas do Lago development, nestled between the prestigious Quinta do Lago and Vale do Lobo resorts. With its excellent location, amenities, and strong rental potential, this property represents a great investment opportunity for both residential and rental purposes. This charming three bedroom townhouse is located in the Varandas do Lago development, nestled between the prestigious Quinta do Lago and Vale do Lobo resorts. The property enjoys an ideal location, just a short distance from Ancão Beach, as well as upscale beachside restaurants, shops, and the exceptional facilities offered by the surrounding resorts.
The townhouse features a spacious and bright interior, creating a comfortable living environment. At the entrance, you ll find a charming garden area with parking space, and at the back, there is a large terrace with a private pool and BBQ area, perfect for outdoor entertaining and relaxation. The living and dining room is generously sized and equipped with air conditioning, with double-glazed sliding patio doors that open onto the expansive terrace. The modern, independent kitchen is fully fitted and equipped with a functional island and breakfast bar for added convenience.
Each of the three double bedrooms is spacious and filled with natural light. One bedroom is conveniently located on the ground floor, and another is en-suite. All bedrooms come with fitted wardrobes. The property also boasts a large basement with natural light, featuring a pool table, mini putting green area, games, and gym facilities, providing additional space for leisure and entertainment.
With its excellent location, amenities, and strong rental potential, this property represents a great investment opportunity for both residential and rental purposes.
This charming three bedroom townhouse is located in the Varandas do Lago development, nestled between the prestigious Quinta do Lago and Vale do Lobo resorts. With its excellent location, amenities, and strong rental potential, this property represents a great investment opportunity for both residential and rental purposes. This charming three bedroom townhouse is located in the Varandas do Lago development, nestled between the prestigious Quinta do Lago and Vale do Lobo resorts. The property enjoys an ideal location, just a short distance from Ancão Beach, as well as upscale beachside restaurants, shops, and the exceptional facilities offered by the surrounding resorts.
The townhouse features a spacious and bright interior, creating a comfortable living environment. At the entrance, you ll find a charming garden area with parking space, and at the back, there is a large terrace with a private pool and BBQ area, perfect for outdoor entertaining and relaxation. The living and dining room is generously sized and equipped with air conditioning, with double-glazed sliding patio doors that open onto the expansive terrace. The modern, independent kitchen is fully fitted and equipped with a functional island and breakfast bar for added convenience.
Each of the three double bedrooms is spacious and filled with natural light. One bedroom is conveniently located on the ground floor, and another is en-suite. All bedrooms come with fitted wardrobes. The property also boasts a large basement with natural light, featuring a pool table, mini putting green area, games, and gym facilities, providing additional space for leisure and entertainment.
With its excellent location, amenities, and strong rental potential, this property represents a great investment opportunity for both residential and rental purposes.
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Currency Exchange
Loulé, Faro, Portugal, 8135-024
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 €995,000 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 |
|---|---|---|---|
| €995,000 | £827,721 | £856,317 | £28,596 |
| Property Price € | €995,000 |
| Minimum cost in the last six months | £827,721 |
| Maximum cost in the last six months | £856,317 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £28,596 |
Loulé, Faro, Portugal, 8135-024
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 €995,000 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 |
|---|---|---|---|
| €995,000 | £827,721 | £856,317 | £28,596 |
| Property Price € | €995,000 |
| Minimum cost in the last six months | £827,721 |
| Maximum cost in the last six months | £856,317 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £28,596 |
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 £28,596 more.
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