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Ideal for a renovation project - 3+1 bedroom traditional villa in Vilamoura for sale
Loule, Portugal
REF: 903287
€1,417,000
Description
This two-storey villa is located in the heart of Vilamoura, but in a quiet area, with excellent accesses to the centre and all amenities. This stunning villa, in addition to offering a luxurious and comfortable lifestyle, also has incredible potential for renovation. With a solid foundation and a well-designed structure, this property is a unique opportunity for both investors and end clients who wish to personalize and transform this home into a true personalized retreat. With a generous area of 740m2, this traditional residence provides a spacious and elegant lifestyle. Upon entering, you will be greeted by an inviting atmosphere that flows through the bright and airy spaces. On the ground floor you will find a fully equipped kitchen, a spacious living room and an elegant dining area, all perfectly integrated to create an ideal environment for entertaining friends and family. The pool area and the well-kept gardens that surround the villa provide a private haven to relax and unwind. The various terraces around the property offer different environments to enjoy alfresco dining or leasure time. The first floor has the master bedroom, with stunning views as well as two more spacious bedrooms, each with its own unique charm and private bathrooms, providing comfort and privacy for the entire family or guests. There is also a spacious garage for two vehicles, plus outdoor parking space for two more cars.
This two-storey villa is located in the heart of Vilamoura, but in a quiet area, with excellent accesses to the centre and all amenities. This stunning villa, in addition to offering a luxurious and comfortable lifestyle, also has incredible potential for renovation. With a solid foundation and a well-designed structure, this property is a unique opportunity for both investors and end clients who wish to personalize and transform this home into a true personalized retreat. With a generous area of 740m2, this traditional residence provides a spacious and elegant lifestyle. Upon entering, you will be greeted by an inviting atmosphere that flows through the bright and airy spaces. On the ground floor you will find a fully equipped kitchen, a spacious living room and an elegant dining area, all perfectly integrated to create an ideal environment for entertaining friends and family. The pool area and the well-kept gardens that surround the villa provide a private haven to relax and unwind. The various terraces around the property offer different environments to enjoy alfresco dining or leasure time. The first floor has the master bedroom, with stunning views as well as two more spacious bedrooms, each with its own unique charm and private bathrooms, providing comfort and privacy for the entire family or guests. There is also a spacious garage for two vehicles, plus outdoor parking space for two more cars.
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Currency Exchange
Loule, 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 €1,417,000 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 |
|---|---|---|---|
| €1,417,000 | £1,178,774 | £1,219,499 | £40,725 |
| Property Price € | €1,417,000 |
| Minimum cost in the last six months | £1,178,774 |
| Maximum cost in the last six months | £1,219,499 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £40,725 |
Loule, 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 €1,417,000 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 |
|---|---|---|---|
| €1,417,000 | £1,178,774 | £1,219,499 | £40,725 |
| Property Price € | €1,417,000 |
| Minimum cost in the last six months | £1,178,774 |
| Maximum cost in the last six months | £1,219,499 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £40,725 |
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 £40,725 more.
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