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Residential and commercial building in the city center | Loulé
Loulé, Faro, Portugal, 8100-614
REF: 871342
€1,125,000
Description
For sale in Loulé, a historic building located close to the city's main avenue. This unique character building offers a perfect mix of residential and commercial space. On the ground floor, there is a large commercial store measuring 280m , ideal for different types of business, in addition to having a garage and a patio. The first floor houses a spacious apartment with 7 rooms, totaling an area of 210m , providing multiple possibilities for use and customization. On the second floor, a 150m apartment stands out for its several terraces, offering an airy and comfortable environment. Furthermore, the building includes an attic on the balcony, with a terrace that offers open views over the city of Loulé. This property is a rare opportunity, combining the elegance of an old building with contemporary needs for space and functionality. At KW Flash we have support in the financing process (if required). Our branch has a Credit Intermediary authorized by Banco de Portugal. If you need financing, we can help and we will be at your side to accompany you throughout the entire process. At KW Flash we share business with every real estate consultant or agency with an AMI license because together we can do more for our clients. If you are a professional in the sector and have a qualified client, contact me and schedule a visit. 📲 351 912 232 338 (Call to the national mobile network) 📧 [email protected]
For sale in Loulé, a historic building located close to the city's main avenue. This unique character building offers a perfect mix of residential and commercial space. On the ground floor, there is a large commercial store measuring 280m , ideal for different types of business, in addition to having a garage and a patio. The first floor houses a spacious apartment with 7 rooms, totaling an area of 210m , providing multiple possibilities for use and customization. On the second floor, a 150m apartment stands out for its several terraces, offering an airy and comfortable environment. Furthermore, the building includes an attic on the balcony, with a terrace that offers open views over the city of Loulé. This property is a rare opportunity, combining the elegance of an old building with contemporary needs for space and functionality. At KW Flash we have support in the financing process (if required). Our branch has a Credit Intermediary authorized by Banco de Portugal. If you need financing, we can help and we will be at your side to accompany you throughout the entire process. At KW Flash we share business with every real estate consultant or agency with an AMI license because together we can do more for our clients. If you are a professional in the sector and have a qualified client, contact me and schedule a visit. 📲 351 912 232 338 (Call to the national mobile network) 📧 [email protected]
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Currency Exchange
Loulé, Faro, Portugal, 8100-614
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 €1,125,000 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 |
|---|---|---|---|
| €1,125,000 | £931,849 | £966,881 | £35,033 |
| Property Price € | €1,125,000 |
| Minimum cost in the last six months | £931,849 |
| Maximum cost in the last six months | £966,881 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £35,033 |
Loulé, Faro, Portugal, 8100-614
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 €1,125,000 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 |
|---|---|---|---|
| €1,125,000 | £931,849 | £966,881 | £35,033 |
| Property Price € | €1,125,000 |
| Minimum cost in the last six months | £931,849 |
| Maximum cost in the last six months | £966,881 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £35,033 |
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 £35,033 more.
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