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3 bedroom house in a quiet area House with 3 bedrooms
Loulé, Faro, Portugal
REF: 867112
€390,000
Description
3 bedroom house in a quiet area House with 3 bedrooms. Land with several fruit trees. It has a hole and a cistern. This property is an excellent investment opportunity for your own or second home in a sunny region all year round. This village located just 2 minutes by car from the center of Boliqueime, close to a wide variety of amenities and services such as restaurants, cafes, pastry shops, supermarket. 2 minutes from access to the A22 motorway, 10 minutes from Vilamoura, Albufeira, it is About Boliqueime. Located in the center of the Algarve, this quiet village is known for its picturesque streets overlooking the ocean, its typical restaurants, friendly population, quiet and safe area. It is located 30 km from Faro airport, 10 minutes by car from Loulé, Vilamoura, Albufeira. 5 minutes from the international school of Vilamoura, 5 minutes from the main golf courses in Vilamoura. The famous beaches of Vilamoura de Albufeira are 10 minutes away. Boliqueime has a population of around 5,000 people and has a wide variety of attractions. It currently has a large foreign community with permanent or holiday residences in Boliqueime, which is very significant, especially the British, Dutch, Germans and French. #ref: 124243
3 bedroom house in a quiet area House with 3 bedrooms. Land with several fruit trees. It has a hole and a cistern. This property is an excellent investment opportunity for your own or second home in a sunny region all year round. This village located just 2 minutes by car from the center of Boliqueime, close to a wide variety of amenities and services such as restaurants, cafes, pastry shops, supermarket. 2 minutes from access to the A22 motorway, 10 minutes from Vilamoura, Albufeira, it is About Boliqueime. Located in the center of the Algarve, this quiet village is known for its picturesque streets overlooking the ocean, its typical restaurants, friendly population, quiet and safe area. It is located 30 km from Faro airport, 10 minutes by car from Loulé, Vilamoura, Albufeira. 5 minutes from the international school of Vilamoura, 5 minutes from the main golf courses in Vilamoura. The famous beaches of Vilamoura de Albufeira are 10 minutes away. Boliqueime has a population of around 5,000 people and has a wide variety of attractions. It currently has a large foreign community with permanent or holiday residences in Boliqueime, which is very significant, especially the British, Dutch, Germans and French. #ref: 124243
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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 €390,000 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 |
|---|---|---|---|
| €390,000 | £323,041 | £335,186 | £12,145 |
| Property Price € | €390,000 |
| Minimum cost in the last six months | £323,041 |
| Maximum cost in the last six months | £335,186 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,145 |
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 €390,000 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 |
|---|---|---|---|
| €390,000 | £323,041 | £335,186 | £12,145 |
| Property Price € | €390,000 |
| Minimum cost in the last six months | £323,041 |
| Maximum cost in the last six months | £335,186 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,145 |
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 £12,145 more.
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