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This detached house exudes great potential and a cosy atmosphere! The combination of a generous and functional space, with features that promote conviviality, such as the terrace with traditional oven is an excellent highlight, allowing meals to be taken outside and creating a cosy atmosphere to be
Loulé, Faro, Portugal
REF: 907589
€320,000
Description
This detached house exudes great potential and a cosy atmosphere! The combination of a generous and functional space, with features that promote conviviality, such as the terrace with traditional oven is an excellent highlight, allowing meals to be taken outside and creating a cosy atmosphere to be together, is undoubtedly a great attraction and really seems like an attractive proposition for those looking for a space in the Algarve! With a generous plot of 600m², the three bedrooms and two bathrooms offer the necessary comfort for a family or to receive friends. The kitchen with fireplace and the living room are perfect for entertaining. The proximity of Vilamoura, Quarteira and Loulé, just 10 minutes away, is an added value, making it ideal for both those looking for a permanent residence and holiday accommodation. The versatility of the property adapts to different lifestyles, allowing residents to enjoy the best the region has to offer, as these locations offer beaches, entertainment and a wide range of services. The Algarve International Airport is 25 minutes away. What's more, the flexibility of being a main residence or a holiday home increases its appeal to different types of buyers. With so many possibilities, this villa could easily become your dream home. If you're thinking of investing in the Algarve, this really is an opportunity not to be missed! The mention of the need to ‘love and care for’ the house highlights the possibility of personalisation and improvements, which can be very attractive to buyers who want to make it their ideal home. This can also allow for creative ideas and renovation projects. For those thinking of investing in the Algarve, this villa is undoubtedly a valuable opportunity, ideal for creating family memories or as a space to receive friends and enjoy the wonders of life in the Algarve. It's the perfect time to explore the full potential of this property! #ref: 130668
This detached house exudes great potential and a cosy atmosphere! The combination of a generous and functional space, with features that promote conviviality, such as the terrace with traditional oven is an excellent highlight, allowing meals to be taken outside and creating a cosy atmosphere to be together, is undoubtedly a great attraction and really seems like an attractive proposition for those looking for a space in the Algarve! With a generous plot of 600m², the three bedrooms and two bathrooms offer the necessary comfort for a family or to receive friends. The kitchen with fireplace and the living room are perfect for entertaining. The proximity of Vilamoura, Quarteira and Loulé, just 10 minutes away, is an added value, making it ideal for both those looking for a permanent residence and holiday accommodation. The versatility of the property adapts to different lifestyles, allowing residents to enjoy the best the region has to offer, as these locations offer beaches, entertainment and a wide range of services. The Algarve International Airport is 25 minutes away. What's more, the flexibility of being a main residence or a holiday home increases its appeal to different types of buyers. With so many possibilities, this villa could easily become your dream home. If you're thinking of investing in the Algarve, this really is an opportunity not to be missed! The mention of the need to ‘love and care for’ the house highlights the possibility of personalisation and improvements, which can be very attractive to buyers who want to make it their ideal home. This can also allow for creative ideas and renovation projects. For those thinking of investing in the Algarve, this villa is undoubtedly a valuable opportunity, ideal for creating family memories or as a space to receive friends and enjoy the wonders of life in the Algarve. It's the perfect time to explore the full potential of this property! #ref: 130668
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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 €320,000 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 |
|---|---|---|---|
| €320,000 | £265,059 | £275,024 | £9,965 |
| Property Price € | €320,000 |
| Minimum cost in the last six months | £265,059 |
| Maximum cost in the last six months | £275,024 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,965 |
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 €320,000 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 |
|---|---|---|---|
| €320,000 | £265,059 | £275,024 | £9,965 |
| Property Price € | €320,000 |
| Minimum cost in the last six months | £265,059 |
| Maximum cost in the last six months | £275,024 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,965 |
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 £9,965 more.
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