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With an area of 3325 m2 and a project approved by Loulé City Council, you can immediately build a single-storey 3-bedroom villa with 244m2 of construction and implantation area, a basement of 75
Loulé, Faro, Portugal
REF: 881863
€345,000
Description
With an area of 3325 m2 and a project approved by Loulé City Council, you can immediately build a single-storey 3-bedroom villa with 244m2 of construction and implantation area, a basement of 75.45m2 and a swimming pool of 30.40m2. It consists of three en-suite bedrooms with dressing rooms, a service bathroom, kitchen, laundry, utility room and lounge, a good sized basement with storage, games room and parking area. Outside there is a beautiful garden and swimming pool. The roof is ready for a jacuzzi to enjoy the view. Very quiet area close to the city of Loulé. There is a borehole, mains water and sewage nearby. It is located in a rural but very quiet area with beautiful villas in the surrounding areas, just 7 kilometres from Loulé and 14 kilometres from Vilamoura. Location : 7km from Loulé; 10 km from Vilamoura College; 12 km from Vilamoura and various beaches; 12 km from MAR Shopping; 12 km from Nobel School Almancil; 25 kilometres from Faro Airport. Features: - Useful area 180.95 m2 - Gross area - 233 m2 - Deployment area - 233 m2 - Land area 3,325 m2 - Year built - before 1951 - Energy Certificate - Exempt - Excluded from the SCE, under Article 4 of Decree-Law No. 118/2013 of 20 August Excellent land on which to build your dream villa to live in or make a profit, don't miss out on this opportunity. Book your visit now! #ref: 125537
With an area of 3325 m2 and a project approved by Loulé City Council, you can immediately build a single-storey 3-bedroom villa with 244m2 of construction and implantation area, a basement of 75.45m2 and a swimming pool of 30.40m2. It consists of three en-suite bedrooms with dressing rooms, a service bathroom, kitchen, laundry, utility room and lounge, a good sized basement with storage, games room and parking area. Outside there is a beautiful garden and swimming pool. The roof is ready for a jacuzzi to enjoy the view. Very quiet area close to the city of Loulé. There is a borehole, mains water and sewage nearby. It is located in a rural but very quiet area with beautiful villas in the surrounding areas, just 7 kilometres from Loulé and 14 kilometres from Vilamoura. Location : 7km from Loulé; 10 km from Vilamoura College; 12 km from Vilamoura and various beaches; 12 km from MAR Shopping; 12 km from Nobel School Almancil; 25 kilometres from Faro Airport. Features: - Useful area 180.95 m2 - Gross area - 233 m2 - Deployment area - 233 m2 - Land area 3,325 m2 - Year built - before 1951 - Energy Certificate - Exempt - Excluded from the SCE, under Article 4 of Decree-Law No. 118/2013 of 20 August Excellent land on which to build your dream villa to live in or make a profit, don't miss out on this opportunity. Book your visit now! #ref: 125537
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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 €345,000 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 |
|---|---|---|---|
| €345,000 | £284,246 | £296,510 | £12,265 |
| Property Price € | €345,000 |
| Minimum cost in the last six months | £284,246 |
| Maximum cost in the last six months | £296,510 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,265 |
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 €345,000 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 |
|---|---|---|---|
| €345,000 | £284,246 | £296,510 | £12,265 |
| Property Price € | €345,000 |
| Minimum cost in the last six months | £284,246 |
| Maximum cost in the last six months | £296,510 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,265 |
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 £12,265 more.
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