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Detached Three-Bedroom Villa for Sale in Boliqueime Charming villa with traditional Algarvian architecture, spread over two floors and located in a quiet and privileged area in Benfarras, just 5 minutes from Vilamoura
Loulé, Faro, Portugal
REF: 911063
€950,000
Description
Detached Three-Bedroom Villa for Sale in Boliqueime Charming villa with traditional Algarvian architecture, spread over two floors and located in a quiet and privileged area in Benfarras, just 5 minutes from Vilamoura. Main Floor: The living room is spacious, bright, and offers direct access to a generous terrace, perfect for leisure moments and outdoor dining. The kitchen, also with terrace access, is functional, fully equipped, and includes a convenient pantry. Two bedrooms with built-in wardrobes, one of which is en-suite, and a guest bathroom. Lower Floor: Features an independent apartment, ideal for hosting family, friends, or generating rental income. This apartment includes an open-plan living room and kitchen, fully equipped, one bedroom with a built-in wardrobe, and a full bathroom. Additionally, this floor boasts a spacious garage and an extra room. Additional Features: The property has two independent entrances, accessible from different roads. A beautifully maintained garden surrounds the villa, with space available to build a swimming pool if desired. Equipped with air conditioning in the living room, solar panels, a 60,000-liter water cistern, a borehole, and access to public water and sewage systems. Location: Situated in a calm and well-connected area, this villa offers the perfect combination of tranquility and proximity to Vilamoura's amenities, such as beaches, shops, and services. A unique opportunity to enjoy the authentic Algarvian lifestyle! #ref: 131336
Detached Three-Bedroom Villa for Sale in Boliqueime Charming villa with traditional Algarvian architecture, spread over two floors and located in a quiet and privileged area in Benfarras, just 5 minutes from Vilamoura. Main Floor: The living room is spacious, bright, and offers direct access to a generous terrace, perfect for leisure moments and outdoor dining. The kitchen, also with terrace access, is functional, fully equipped, and includes a convenient pantry. Two bedrooms with built-in wardrobes, one of which is en-suite, and a guest bathroom. Lower Floor: Features an independent apartment, ideal for hosting family, friends, or generating rental income. This apartment includes an open-plan living room and kitchen, fully equipped, one bedroom with a built-in wardrobe, and a full bathroom. Additionally, this floor boasts a spacious garage and an extra room. Additional Features: The property has two independent entrances, accessible from different roads. A beautifully maintained garden surrounds the villa, with space available to build a swimming pool if desired. Equipped with air conditioning in the living room, solar panels, a 60,000-liter water cistern, a borehole, and access to public water and sewage systems. Location: Situated in a calm and well-connected area, this villa offers the perfect combination of tranquility and proximity to Vilamoura's amenities, such as beaches, shops, and services. A unique opportunity to enjoy the authentic Algarvian lifestyle! #ref: 131336
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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 €950,000 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 |
|---|---|---|---|
| €950,000 | £782,705 | £816,478 | £33,773 |
| Property Price € | €950,000 |
| Minimum cost in the last six months | £782,705 |
| Maximum cost in the last six months | £816,478 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £33,773 |
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 €950,000 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 |
|---|---|---|---|
| €950,000 | £782,705 | £816,478 | £33,773 |
| Property Price € | €950,000 |
| Minimum cost in the last six months | £782,705 |
| Maximum cost in the last six months | £816,478 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £33,773 |
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 £33,773 more.
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