Charming two bedroom semi-detached house overlooking the Old Course in Vilamoura, Algarve

Loulé, Faro, Portugal, 8125-001

For Sale

€395,000

REF: 906636 €395,000


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Description

Charming fully renovatedd two bedroom semi-detached house overlooking the Old Course in Vilamoura. Approx. 4 km from the marina and the beach. Charming 2 bedroom house excellently located in a quiet, residential area next to the Old Course and 4/5 minutes from Vilamoura Marina and the beach. With 90 sq.m.

of built area, the property was completely renovated and comprises of an entrance hall, a lounge with a fully equipped kitchen, two bedrooms and one bathroom. It also has a large terrace with excellent sun exposure and a unique view overlooking the prestigious Old Course. The property comes equipped with air conditioning and double glazing. An excellent investment opportunity! Great rental potential. It deserves to be visited!!! AlgarveProperty.com - AMI: 2196 - T.: 00351 289310310
Charming fully renovatedd two bedroom semi-detached house overlooking the Old Course in Vilamoura. Approx. 4 km from the marina and the beach. Charming 2 bedroom house excellently located in a quiet, residential area next to the Old Course and 4/5 minutes from Vilamoura Marina and the beach. With 90 sq.m.

of built area, the property was completely renovated and comprises of an entrance hall, a lounge with a fully equipped kitchen, two bedrooms and one bathroom. It also has a large terrace with excellent sun exposure and a unique view overlooking the prestigious Old Course. The property comes equipped with air conditioning and double glazing. An excellent investment opportunity! Great rental potential. It deserves to be visited!!! AlgarveProperty.com - AMI: 2196 - T.: 00351 289310310
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Property on Map

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Currency Exchange

Loulé, Faro, Portugal, 8125-001

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 €395,000 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
€395,000 £327,182 £339,483 £12,300
Property Price € €395,000
Minimum cost in the last six months £327,182
Maximum cost in the last six months £339,483
Fluctuating exchange rates over the last six months could have increased the cost of this property by £12,300

Loulé, Faro, Portugal, 8125-001

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 €395,000 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
€395,000 £327,182 £339,483 £12,300
Property Price € €395,000
Minimum cost in the last six months £327,182
Maximum cost in the last six months £339,483
Fluctuating exchange rates over the last six months could have increased the cost of this property by £12,300

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 £12,300 more.

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