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House with 74 sq
Loulé, Faro, Portugal, 8100-246
REF: 870355
€185,000
Description
In the beautiful Goldra Valley, 5 minutes from the city of Loulé and less than 20 minutes from Faro International Airport, Vilamoura and the resorts of Quinta do Lago and Vale do Lobo.
Property located on a plot of land with 11.37 sq.m.
For this project, you have several possibilities for developing a tailor-made project, such as:
a) Rehabilitation of the existing house which currently has 7 interior rooms;
b) Expansion of the existing house up to a maximum of 450 sq.m;
c) Construction of a New House, with the possibility of building up to 450 sq.m, on 2 floors (300+150), since part of the land is included in the PDM as an area of Urbanizable Spaces Scattered Building Area to be Structured ;
Features:
- Living area - 74 sq.m
- Implantation area 74 sq.m
- Plot size - 1.137 sq.m
- Year Built -
In the beautiful Goldra Valley, 5 minutes from the city of Loulé and less than 20 minutes from Faro International Airport, Vilamoura and the resorts of Quinta do Lago and Vale do Lobo.
Property located on a plot of land with 11.37 sq.m.
For this project, you have several possibilities for developing a tailor-made project, such as:
a) Rehabilitation of the existing house which currently has 7 interior rooms;
b) Expansion of the existing house up to a maximum of 450 sq.m;
c) Construction of a New House, with the possibility of building up to 450 sq.m, on 2 floors (300+150), since part of the land is included in the PDM as an area of Urbanizable Spaces Scattered Building Area to be Structured ;
Features:
- Living area - 74 sq.m
- Implantation area 74 sq.m
- Plot size - 1.137 sq.m
- Year Built -
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Property on Map
Currency Exchange
Loulé, Faro, Portugal, 8100-246
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 €185,000 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 |
|---|---|---|---|
| €185,000 | £153,898 | £159,215 | £5,317 |
| Property Price € | €185,000 |
| Minimum cost in the last six months | £153,898 |
| Maximum cost in the last six months | £159,215 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,317 |
Loulé, Faro, Portugal, 8100-246
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 €185,000 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 |
|---|---|---|---|
| €185,000 | £153,898 | £159,215 | £5,317 |
| Property Price € | €185,000 |
| Minimum cost in the last six months | £153,898 |
| Maximum cost in the last six months | £159,215 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,317 |
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 £5,317 more.
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