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Fantastic Investment Opportunity, 3 bedrooms, 2 bathrooms Front Row Townhouse for sale in Vale do Lobo
Loulé, Faro, Portugal, 8135-107
REF: 913355
€1,420,000
Description
This unique front-row property blends traditional architecture with contemporary luxury interiors and captivating design to create a relaxing and stylish home, making it the ideal beach and golf getaway. The renovated and bright townhouse provides open-plan living areas split over two levels with a dining area, a fully fitted kitchen on the lower level with sea views, and a living room on the upper level featuring a wood-burning fireplace. A separate utility and storage area is situated next to the kitchen for everyday functionality. At the back of the property, you'll find a secluded garden and sunbathing area, while at the front, just off the kitchen, there is a private terrace to sit back, enjoy a meal and listen to the waves.
The property benefits from 3 bedrooms, one on the ground floor; on the first floor, you'll find the primary and third bedrooms, with a shared bathroom; the primary bedroom overlooks the garden and has preserved the original design features.
One of the best aspects of this property for sale is the excellent roof terrace with panoramic views of the Atlantic Ocean and Vale do Lobo's Praça making this the perfect spot to relax and enjoy the sunshine!
All these features make this a fantastic investment opportunity with excellent rental potential.
This property is presented by Quintas and Casas, voted the best boutique real estate agency in Portugal in 2024.
This unique front-row property blends traditional architecture with contemporary luxury interiors and captivating design to create a relaxing and stylish home, making it the ideal beach and golf getaway. The renovated and bright townhouse provides open-plan living areas split over two levels with a dining area, a fully fitted kitchen on the lower level with sea views, and a living room on the upper level featuring a wood-burning fireplace. A separate utility and storage area is situated next to the kitchen for everyday functionality. At the back of the property, you'll find a secluded garden and sunbathing area, while at the front, just off the kitchen, there is a private terrace to sit back, enjoy a meal and listen to the waves.
The property benefits from 3 bedrooms, one on the ground floor; on the first floor, you'll find the primary and third bedrooms, with a shared bathroom; the primary bedroom overlooks the garden and has preserved the original design features.
One of the best aspects of this property for sale is the excellent roof terrace with panoramic views of the Atlantic Ocean and Vale do Lobo's Praça making this the perfect spot to relax and enjoy the sunshine!
All these features make this a fantastic investment opportunity with excellent rental 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, 8135-107
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 €1,420,000 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 |
|---|---|---|---|
| €1,420,000 | £1,169,938 | £1,220,419 | £50,481 |
| Property Price € | €1,420,000 |
| Minimum cost in the last six months | £1,169,938 |
| Maximum cost in the last six months | £1,220,419 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £50,481 |
Loulé, Faro, Portugal, 8135-107
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 €1,420,000 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 |
|---|---|---|---|
| €1,420,000 | £1,169,938 | £1,220,419 | £50,481 |
| Property Price € | €1,420,000 |
| Minimum cost in the last six months | £1,169,938 |
| Maximum cost in the last six months | £1,220,419 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £50,481 |
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 £50,481 more.
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