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Pristine 5 bedrooms, 5 bathrooms detached house, for sale, in Loulé
Loulé, Faro, Portugal, 8100-227
REF: 913328
€1,875,000
Description
This spacious 5 bedrooms/5bathrooms property is located in a quiet location yet only five minutes from Loule centre. The house and gardens have been lovingly maintained by the current owners making this a very desirable home. The house comprises five good sized bedrooms, four en-suite of which two are on the ground floor and three on the first floor. Also on the ground floor is a large open plan lounge / dining room, a kitchen and utility with all bosch appliances. In 2012 two extensions were added, one next to the kitchen to create a covered dining area with a beautiful domed brick ceiling and the other accessed from the lounge is a vast covered terrace with glass curtain doors which can be fully opened. The property has a tennis court, heated pool, two fish ponds, and also benefits from underfloor heating throughout, solar panels providing electricity and hot water, two heat pumps, its own bore hole with automatic irrigation, a carport for two cars and a large basement games room with storage area.
This spacious 5 bedrooms/5bathrooms property is located in a quiet location yet only five minutes from Loule centre. The house and gardens have been lovingly maintained by the current owners making this a very desirable home. The house comprises five good sized bedrooms, four en-suite of which two are on the ground floor and three on the first floor. Also on the ground floor is a large open plan lounge / dining room, a kitchen and utility with all bosch appliances. In 2012 two extensions were added, one next to the kitchen to create a covered dining area with a beautiful domed brick ceiling and the other accessed from the lounge is a vast covered terrace with glass curtain doors which can be fully opened. The property has a tennis court, heated pool, two fish ponds, and also benefits from underfloor heating throughout, solar panels providing electricity and hot water, two heat pumps, its own bore hole with automatic irrigation, a carport for two cars and a large basement games room with storage area.
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Currency Exchange
Loulé, Faro, Portugal, 8100-227
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 €1,875,000 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 |
|---|---|---|---|
| €1,875,000 | £1,553,081 | £1,611,469 | £58,388 |
| Property Price € | €1,875,000 |
| Minimum cost in the last six months | £1,553,081 |
| Maximum cost in the last six months | £1,611,469 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £58,388 |
Loulé, Faro, Portugal, 8100-227
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 €1,875,000 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 |
|---|---|---|---|
| €1,875,000 | £1,553,081 | £1,611,469 | £58,388 |
| Property Price € | €1,875,000 |
| Minimum cost in the last six months | £1,553,081 |
| Maximum cost in the last six months | £1,611,469 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £58,388 |
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 £58,388 more.
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