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Magnificent 6 bedrooms, 5 bathrooms traditional style villa
Loulé, Faro, Portugal, 8100-318
REF: 913324
€1,400,000
Description
Situated in the hills above the market town of Loulé with views of the surrounding countryside and the sea, this traditional and spacious Quinta for sale is set on a large plot with calcada driveway and encompassed by terraced gardens with mature shrubs and trees. A wonderful large terrace sweeps around the front of the house offering a perfect area for alfresco dining with Seaview and the large balcony above is a perfect place to watch the sunset. Within the grounds and set back from the house is the pool and surrounding terrace. The property comprises 6 bedrooms, 5 bathrooms (3 with en suites), large open plan split level sitting room which opens out to the outside terrace and with fireplace and dining room with mezzanine over, main kitchen, a secondary kitchen at the other end of the property. Two guest bathrooms. A spacious separate studio apartment is located over the detached 2 car garage/workshop.
Situated in the hills above the market town of Loulé with views of the surrounding countryside and the sea, this traditional and spacious Quinta for sale is set on a large plot with calcada driveway and encompassed by terraced gardens with mature shrubs and trees. A wonderful large terrace sweeps around the front of the house offering a perfect area for alfresco dining with Seaview and the large balcony above is a perfect place to watch the sunset. Within the grounds and set back from the house is the pool and surrounding terrace. The property comprises 6 bedrooms, 5 bathrooms (3 with en suites), large open plan split level sitting room which opens out to the outside terrace and with fireplace and dining room with mezzanine over, main kitchen, a secondary kitchen at the other end of the property. Two guest bathrooms. A spacious separate studio apartment is located over the detached 2 car garage/workshop.
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Currency Exchange
Loulé, Faro, Portugal, 8100-318
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 €1,400,000 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 |
|---|---|---|---|
| €1,400,000 | £1,159,634 | £1,203,230 | £43,596 |
| Property Price € | €1,400,000 |
| Minimum cost in the last six months | £1,159,634 |
| Maximum cost in the last six months | £1,203,230 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £43,596 |
Loulé, Faro, Portugal, 8100-318
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 €1,400,000 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 |
|---|---|---|---|
| €1,400,000 | £1,159,634 | £1,203,230 | £43,596 |
| Property Price € | €1,400,000 |
| Minimum cost in the last six months | £1,159,634 |
| Maximum cost in the last six months | £1,203,230 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £43,596 |
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 £43,596 more.
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