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Extensive 4 bedrooms, 6 bathrooms, detached house, for sale, with outdoor swimming pool and incredible sea views
Loulé, Faro, Portugal, 6200-800
REF: 913348
€2,550,000
Description
Wonderful 4 bedrooms, 6 bathrooms, property, for sale, situated in a very sought after location, nestled in the hills close to Almancil. Set on a large South facing plot of 11,170m2 with lovely landscaped gardens, many trees and a tennis court with changing rooms and bathroom. The main house is all on one level and comprises kitchen, spacious lounge, dining room, and two ensuite bedrooms with terraces. Direct access from the lounge leads to a large heated pool with stunning sea views from the surrounding terraces over Almancil to Quinta de Lago and Vale de Lobo. In the basement are an office, tech room, storage and a huge space suitable for a cinema or gym. Adjoining the main house are a laundry / utility with a bathroom and Sauna. Next to this are two cottage apartments, each with an ensuite, kitchen, lounge / diner. The property boasts a beautiful entrance driveway in calcadas which leads through the wonderful garden to the four car garage. Built to a very high standard in the nineties this property just needs someone to give it a modern upgrade to enhance this amazing home.
This property is presented by Quintas and Casas, voted the best boutique real estate agency in Portugal in 2024.
Wonderful 4 bedrooms, 6 bathrooms, property, for sale, situated in a very sought after location, nestled in the hills close to Almancil. Set on a large South facing plot of 11,170m2 with lovely landscaped gardens, many trees and a tennis court with changing rooms and bathroom. The main house is all on one level and comprises kitchen, spacious lounge, dining room, and two ensuite bedrooms with terraces. Direct access from the lounge leads to a large heated pool with stunning sea views from the surrounding terraces over Almancil to Quinta de Lago and Vale de Lobo. In the basement are an office, tech room, storage and a huge space suitable for a cinema or gym. Adjoining the main house are a laundry / utility with a bathroom and Sauna. Next to this are two cottage apartments, each with an ensuite, kitchen, lounge / diner. The property boasts a beautiful entrance driveway in calcadas which leads through the wonderful garden to the four car garage. Built to a very high standard in the nineties this property just needs someone to give it a modern upgrade to enhance this amazing home.
This property is presented by Quintas and Casas, voted the best boutique real estate agency in Portugal in 2024.
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Currency Exchange
Loulé, Faro, Portugal, 6200-800
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 €2,550,000 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 |
|---|---|---|---|
| €2,550,000 | £2,112,191 | £2,191,598 | £79,407 |
| Property Price € | €2,550,000 |
| Minimum cost in the last six months | £2,112,191 |
| Maximum cost in the last six months | £2,191,598 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £79,407 |
Loulé, Faro, Portugal, 6200-800
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 €2,550,000 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 |
|---|---|---|---|
| €2,550,000 | £2,112,191 | £2,191,598 | £79,407 |
| Property Price € | €2,550,000 |
| Minimum cost in the last six months | £2,112,191 |
| Maximum cost in the last six months | £2,191,598 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £79,407 |
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 £79,407 more.
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