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Approved Project, 3 Bed
Loulé, Faro, Portugal, 8100
REF: 894261
€275,000
Description
Fully approved project and ready to start the construction of a three-bedroom villa which is divided into three floors, that maximizes comfort and relax. The location is exceptional, just a few minutes from the historic center of Loulé, near the stunning beaches and the best Algarve golf courses, as well as being conveniently situated within a short distance of one of Faro s largest shopping centers and airport.
The ground floor comprises an integrated lounge /dining area with kitchen which opens to the terrace and to an infinity pool, allowing the natural light to enlarge the living space to the outside. On the first floor are three bedroom en-suite all facing the fantastic view of the surrounding grown fields.
The lower floor has an area of 110 sqm, offering a space for entertainment and leisure, has a games and movie room that opens to a solarium and jacuzzi, promising unforgettable moments of relaxation and fun, this level is complete with a two car garage.
This property is a real gem in the heart of the Algarve, combining luxury and nature in a sublime manner.
Fully approved project and ready to start the construction of a three-bedroom villa which is divided into three floors, that maximizes comfort and relax. The location is exceptional, just a few minutes from the historic center of Loulé, near the stunning beaches and the best Algarve golf courses, as well as being conveniently situated within a short distance of one of Faro s largest shopping centers and airport.
The ground floor comprises an integrated lounge /dining area with kitchen which opens to the terrace and to an infinity pool, allowing the natural light to enlarge the living space to the outside. On the first floor are three bedroom en-suite all facing the fantastic view of the surrounding grown fields.
The lower floor has an area of 110 sqm, offering a space for entertainment and leisure, has a games and movie room that opens to a solarium and jacuzzi, promising unforgettable moments of relaxation and fun, this level is complete with a two car garage.
This property is a real gem in the heart of the Algarve, combining luxury and nature in a sublime manner.
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Currency Exchange
Loulé, Faro, Portugal, 8100
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 €275,000 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 |
|---|---|---|---|
| €275,000 | £228,704 | £236,671 | £7,967 |
| Property Price € | €275,000 |
| Minimum cost in the last six months | £228,704 |
| Maximum cost in the last six months | £236,671 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,967 |
Loulé, Faro, Portugal, 8100
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 €275,000 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 |
|---|---|---|---|
| €275,000 | £228,704 | £236,671 | £7,967 |
| Property Price € | €275,000 |
| Minimum cost in the last six months | £228,704 |
| Maximum cost in the last six months | £236,671 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,967 |
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 £7,967 more.
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