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Double storey 3 +1 bedroom villa with sea views
Loulé, Faro, Portugal, 8135-011
REF: 913405
€975,000
Description
Don't miss out on the opportunity to transform this double-story villa with coastal views into your dream modernized retreat! Located in the Vale Formoso area, close to Almancil and just a short 15-minute drive to the luxurious resorts of Vale do Lobo and Quinta do Lago, this property sits on a generous 1400 m2 plot. With amenities such as a tennis court and a low-maintenance garden, the potential of this property as a building project is immense.
The villa boasts a covered area of 318m2, featuring two en suite bedrooms, a guest bedroom, a family bathroom, lounge/dining areas, and a kitchen on the upper level. On the lower level, there's an additional bedroom, a shower room, a kitchenette, a games area, and a TV corner. With direct access to the pool terrace and pool, the lower level could easily be converted into a separate apartment. Don't let this opportunity slip away unlock the potential of this property today!
This property is presented by Quintas & Casas, voted the best Boutique Real Estate Agency in Portugal 2024
Don't miss out on the opportunity to transform this double-story villa with coastal views into your dream modernized retreat! Located in the Vale Formoso area, close to Almancil and just a short 15-minute drive to the luxurious resorts of Vale do Lobo and Quinta do Lago, this property sits on a generous 1400 m2 plot. With amenities such as a tennis court and a low-maintenance garden, the potential of this property as a building project is immense.
The villa boasts a covered area of 318m2, featuring two en suite bedrooms, a guest bedroom, a family bathroom, lounge/dining areas, and a kitchen on the upper level. On the lower level, there's an additional bedroom, a shower room, a kitchenette, a games area, and a TV corner. With direct access to the pool terrace and pool, the lower level could easily be converted into a separate apartment. Don't let this opportunity slip away unlock the potential of this property today!
This property is presented by Quintas & Casas, voted the best Boutique Real Estate Agency in Portugal 2024
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Currency Exchange
Loulé, Faro, Portugal, 8135-011
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 €975,000 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 |
|---|---|---|---|
| €975,000 | £807,602 | £837,964 | £30,362 |
| Property Price € | €975,000 |
| Minimum cost in the last six months | £807,602 |
| Maximum cost in the last six months | £837,964 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £30,362 |
Loulé, Faro, Portugal, 8135-011
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 €975,000 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 |
|---|---|---|---|
| €975,000 | £807,602 | £837,964 | £30,362 |
| Property Price € | €975,000 |
| Minimum cost in the last six months | £807,602 |
| Maximum cost in the last six months | £837,964 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £30,362 |
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 £30,362 more.
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