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Ruin in Urban Area
Loulé, Faro, Portugal, 8100-053
REF: 895198
€55,000
Description
A traditional stone house, built with local materials and techniques which harmoniously blends with the natural landscape. Possibility of either extending or rehabilitating the existing structure, taking advantage and adapting to transform in a more welcoming and functional for the modern needs.
The house still retains the stone structure of traditional architecture and offers a unique opportunity to restore and enhance the natural beauty of the property. These elements can be integrated to create an environment with rustic charm but contemporary comfort.
The property includes at the back a small area that can be used as a beautiful patio from where you can enjoy the stunning views of the Algarve Mountains.
Ideal for those looking for a peaceful but not isolated refuge as it is located within a small hamlet, has tarmac access in very good condition, the distance to Loulé city is 35 km and just 5 km from the charming Aldeia do Ameixial.
The property, reference 1009-2358 is right across the lane and could be a purchase option to add more area, both land and construction.
A traditional stone house, built with local materials and techniques which harmoniously blends with the natural landscape. Possibility of either extending or rehabilitating the existing structure, taking advantage and adapting to transform in a more welcoming and functional for the modern needs.
The house still retains the stone structure of traditional architecture and offers a unique opportunity to restore and enhance the natural beauty of the property. These elements can be integrated to create an environment with rustic charm but contemporary comfort.
The property includes at the back a small area that can be used as a beautiful patio from where you can enjoy the stunning views of the Algarve Mountains.
Ideal for those looking for a peaceful but not isolated refuge as it is located within a small hamlet, has tarmac access in very good condition, the distance to Loulé city is 35 km and just 5 km from the charming Aldeia do Ameixial.
The property, reference 1009-2358 is right across the lane and could be a purchase option to add more area, both land and construction.
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Property on Map
Currency Exchange
Loulé, Faro, Portugal, 8100-053
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 €55,000 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 |
|---|---|---|---|
| €55,000 | £45,557 | £47,270 | £1,713 |
| Property Price € | €55,000 |
| Minimum cost in the last six months | £45,557 |
| Maximum cost in the last six months | £47,270 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,713 |
Loulé, Faro, Portugal, 8100-053
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 €55,000 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 |
|---|---|---|---|
| €55,000 | £45,557 | £47,270 | £1,713 |
| Property Price € | €55,000 |
| Minimum cost in the last six months | £45,557 |
| Maximum cost in the last six months | £47,270 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,713 |
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 £1,713 more.
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