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Classical property completely remodeled with 14 offices in the Centre of Loulé
Loulé, Faro, Portugal, 8100-269
REF: 913414
€1,750,000
Description
This beautiful traditional building has been completely remodeled inside to a very high standard, whilst maintaining the original facade. The property comprises a reception area, meeting room, kitchenette, and 14 offices over four floors including a bathroom on each level. The interior has been modernised using top quality materials throughout and has an elevator for easy access to all levels. The building has been successfully operating since the recent completion of the renovation and offers a great investment opportunity in this great location in the centre of Loule.
This property is presented by Quintas and Casas, voted the best boutique real estate agency in Portugal in 2024.
This beautiful traditional building has been completely remodeled inside to a very high standard, whilst maintaining the original facade. The property comprises a reception area, meeting room, kitchenette, and 14 offices over four floors including a bathroom on each level. The interior has been modernised using top quality materials throughout and has an elevator for easy access to all levels. The building has been successfully operating since the recent completion of the renovation and offers a great investment opportunity in this great location in the centre of Loule.
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, 8100-269
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 €1,750,000 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 |
|---|---|---|---|
| €1,750,000 | £1,449,543 | £1,504,038 | £54,495 |
| Property Price € | €1,750,000 |
| Minimum cost in the last six months | £1,449,543 |
| Maximum cost in the last six months | £1,504,038 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £54,495 |
Loulé, Faro, Portugal, 8100-269
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 €1,750,000 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 |
|---|---|---|---|
| €1,750,000 | £1,449,543 | £1,504,038 | £54,495 |
| Property Price € | €1,750,000 |
| Minimum cost in the last six months | £1,449,543 |
| Maximum cost in the last six months | £1,504,038 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £54,495 |
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 £54,495 more.
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