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Beautifully renovated traditional 2-bedroom country house in Loulé (São Clemente)
Loulé, Faro, Portugal, 8100-255
REF: 913354
€430,000
Description
Set in a lovely peaceful location between Loulé and São Bras de Alportel with quick and easy access to both towns. This 2 bedrooms property for sale has a large fully fenced plot with olive, turkey oak, and arbutus medronho trees. In 2021 more trees were planted including, almond, carob, fig, loquat, quince, feijoa sellowiana and a jacaranda tree. The house was extensively and tastefully renovated in 2014/15. Character features were maintained, local materials were used and modern energy saving technology installed. Benefitting from solar panels providing hot water with an electric back up, underfloor heating powered by a heat pump, lounge with wood burning stove, air conditioning and a reversible ceiling fan. The ground floor comprises lounge, kitchen, bathroom, bedroom and office. A second bedroom is accessed via the mezzanine which also leads out onto a lovely south facing roof terrace. A large awning provides shade on the south side during the summer months. The property has the possibility to build a large extension and construct a swimming pool, giving this comfortable, charming cottage great potential.
This property is presented by Quintas and Casas, voted the best boutique real estate agency in Portugal in 2024.
Set in a lovely peaceful location between Loulé and São Bras de Alportel with quick and easy access to both towns. This 2 bedrooms property for sale has a large fully fenced plot with olive, turkey oak, and arbutus medronho trees. In 2021 more trees were planted including, almond, carob, fig, loquat, quince, feijoa sellowiana and a jacaranda tree. The house was extensively and tastefully renovated in 2014/15. Character features were maintained, local materials were used and modern energy saving technology installed. Benefitting from solar panels providing hot water with an electric back up, underfloor heating powered by a heat pump, lounge with wood burning stove, air conditioning and a reversible ceiling fan. The ground floor comprises lounge, kitchen, bathroom, bedroom and office. A second bedroom is accessed via the mezzanine which also leads out onto a lovely south facing roof terrace. A large awning provides shade on the south side during the summer months. The property has the possibility to build a large extension and construct a swimming pool, giving this comfortable, charming cottage great potential.
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, 8100-255
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 €430,000 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 |
|---|---|---|---|
| €430,000 | £354,277 | £369,564 | £15,287 |
| Property Price € | €430,000 |
| Minimum cost in the last six months | £354,277 |
| Maximum cost in the last six months | £369,564 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,287 |
Loulé, Faro, Portugal, 8100-255
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 €430,000 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 |
|---|---|---|---|
| €430,000 | £354,277 | £369,564 | £15,287 |
| Property Price € | €430,000 |
| Minimum cost in the last six months | £354,277 |
| Maximum cost in the last six months | £369,564 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,287 |
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 £15,287 more.
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