Plot with plans to build a contemporary 4-bedroom villa in Boliquieme

Loulé, Faro, Portugal, 8100-093

For Sale

€375,000

REF: 913409 €375,000


Description

Set in a quiet position with stunning views of the countryside around and far-reaching views of the Algarve coastline and sea view beyond, this project aims to build a contemporary 4-bedroom villa in the picturesque village of Picota, close to both Loule and Boliquieme. The proposed design for the villa offers open plan living space and kitchen that flows seamlessly with the outside covered areas and terracing that lead to the swimming pool and outside kitchen area.

A master suite is complimented by 3 further bedrooms, a further of which has an en/suite and there is a family bathroom. To further enjoy the stunning views this property offers external stairs lead to the impressive roof garden area. The proposed design enjoys a gated driveway leading to the property with car port and additional ample parking. Water, electricity and sewage connections must be provided. This proposed property offers the opportunity to build a truly contemporary and unique home set in an overall plot of 2.578m2. Declaration of ruin in execution. This property is presented by Quintas and Casas, voted the best boutique real estate agency in Portugal in 2024.
Set in a quiet position with stunning views of the countryside around and far-reaching views of the Algarve coastline and sea view beyond, this project aims to build a contemporary 4-bedroom villa in the picturesque village of Picota, close to both Loule and Boliquieme. The proposed design for the villa offers open plan living space and kitchen that flows seamlessly with the outside covered areas and terracing that lead to the swimming pool and outside kitchen area.

A master suite is complimented by 3 further bedrooms, a further of which has an en/suite and there is a family bathroom. To further enjoy the stunning views this property offers external stairs lead to the impressive roof garden area. The proposed design enjoys a gated driveway leading to the property with car port and additional ample parking. Water, electricity and sewage connections must be provided. This proposed property offers the opportunity to build a truly contemporary and unique home set in an overall plot of 2.578m2. Declaration of ruin in execution. This property is presented by Quintas and Casas, voted the best boutique real estate agency in Portugal in 2024.
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Property on Map

#P48

Currency Exchange

Loulé, Faro, Portugal, 8100-093

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 €375,000 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
€375,000 £310,616 £322,294 £11,678
Property Price € €375,000
Minimum cost in the last six months £310,616
Maximum cost in the last six months £322,294
Fluctuating exchange rates over the last six months could have increased the cost of this property by £11,678

Loulé, Faro, Portugal, 8100-093

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 €375,000 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
€375,000 £310,616 £322,294 £11,678
Property Price € €375,000
Minimum cost in the last six months £310,616
Maximum cost in the last six months £322,294
Fluctuating exchange rates over the last six months could have increased the cost of this property by £11,678

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 £11,678 more.

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