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QUINTA IN LOULÉ WITH A TOTAL AREA OF 29,827M2! In need of renovation, this could be the ideal property for the project of your dreams, whether for your own home or for investment in rural tourism or local accommodation
Loulé, Faro, Portugal
REF: 897372
€780,000
Description
QUINTA IN LOULÉ WITH A TOTAL AREA OF 29,827M2! In need of renovation, this could be the ideal property for the project of your dreams, whether for your own home or for investment in rural tourism or local accommodation. Consisting of 3 articles, 2 urban and 1 rustic (only sold together), this property has a 2-bedroom house, several outbuildings and a garage. There is also an industrial area (distillery) with 2 outbuildings and a tank. The rustic part has a vegetable garden with various fruit trees, such as olive, almond and carob trees. It also has a covered area for livestock, which has yet to be legalised and which has already received favourable information from the relevant authorities. It also has a house with a traditional oven and some outbuildings for pigsties and rabbit hutches. The property has electricity and water, a cistern to help water the vegetable garden and a cesspit for sanitation. Access is via a tarmac road, except for the last 50 metres. 5 minutes from the centre of Loulé, 5 minutes from the A22 (Via do Infante), 25 minutes from Faro Airport and 20 minutes from the beaches of Quarteira and Vilamoura. CE: F Excellent opportunity. Book your visit now! AMI 11220 IAD is a network of independent property consultants based on a completely innovative model that breaks with the traditional concept of a real estate agency. What are 21st century clients looking for when they decide to buy, rent or sell a property? They are looking for a complete, uncomplicated and competitive service. That's what we offer at IAD. Our consultants come to you, with access to the latest training in the sector and a platform of exclusive tools that allow them to provide you with the best service wherever you are. #ref: 127606
QUINTA IN LOULÉ WITH A TOTAL AREA OF 29,827M2! In need of renovation, this could be the ideal property for the project of your dreams, whether for your own home or for investment in rural tourism or local accommodation. Consisting of 3 articles, 2 urban and 1 rustic (only sold together), this property has a 2-bedroom house, several outbuildings and a garage. There is also an industrial area (distillery) with 2 outbuildings and a tank. The rustic part has a vegetable garden with various fruit trees, such as olive, almond and carob trees. It also has a covered area for livestock, which has yet to be legalised and which has already received favourable information from the relevant authorities. It also has a house with a traditional oven and some outbuildings for pigsties and rabbit hutches. The property has electricity and water, a cistern to help water the vegetable garden and a cesspit for sanitation. Access is via a tarmac road, except for the last 50 metres. 5 minutes from the centre of Loulé, 5 minutes from the A22 (Via do Infante), 25 minutes from Faro Airport and 20 minutes from the beaches of Quarteira and Vilamoura. CE: F Excellent opportunity. Book your visit now! AMI 11220 IAD is a network of independent property consultants based on a completely innovative model that breaks with the traditional concept of a real estate agency. What are 21st century clients looking for when they decide to buy, rent or sell a property? They are looking for a complete, uncomplicated and competitive service. That's what we offer at IAD. Our consultants come to you, with access to the latest training in the sector and a platform of exclusive tools that allow them to provide you with the best service wherever you are. #ref: 127606
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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 €780,000 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 |
|---|---|---|---|
| €780,000 | £642,642 | £670,371 | £27,729 |
| Property Price € | €780,000 |
| Minimum cost in the last six months | £642,642 |
| Maximum cost in the last six months | £670,371 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £27,729 |
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 €780,000 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 |
|---|---|---|---|
| €780,000 | £642,642 | £670,371 | £27,729 |
| Property Price € | €780,000 |
| Minimum cost in the last six months | £642,642 |
| Maximum cost in the last six months | £670,371 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £27,729 |
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 £27,729 more.
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