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Duplex 2-Bedroom Apartment with Magnificent Sea Views in Vale do Lobo
Loulé, Faro, Portugal, 8135-107
REF: 913417
€950,000
Description
Duplex apartment located in the luxury golf development of Vale do Lobo, within walking distance to restaurants, bars and beaches in the area.
Featuring a distinctive design that harmoniously combines traditional wooden elements with modern architecture, this apartment offers large windows that showcase stunning sea and pine forest views.
On the lower floor, there is a spacious living room with wall-to-wall windows providing access to a balcony with panoramic sea views, a kitchen with wooden partitioning, a guest bathroom, and an en-suite bedroom. On the upper floor, there is the master suite with wall-to-wall windows and access to a terrace with magnificent views. Above this floor, there is a stunning terrace with a jacuzzi, a barbecue area, and once again, breathtaking views.
This apartment is ideal as a holiday home, but it can also be rented out for additional income or used as a comfortable residence.
Duplex apartment located in the luxury golf development of Vale do Lobo, within walking distance to restaurants, bars and beaches in the area.
Featuring a distinctive design that harmoniously combines traditional wooden elements with modern architecture, this apartment offers large windows that showcase stunning sea and pine forest views.
On the lower floor, there is a spacious living room with wall-to-wall windows providing access to a balcony with panoramic sea views, a kitchen with wooden partitioning, a guest bathroom, and an en-suite bedroom. On the upper floor, there is the master suite with wall-to-wall windows and access to a terrace with magnificent views. Above this floor, there is a stunning terrace with a jacuzzi, a barbecue area, and once again, breathtaking views.
This apartment is ideal as a holiday home, but it can also be rented out for additional income or used as a comfortable residence.
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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 €950,000 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 |
|---|---|---|---|
| €950,000 | £786,895 | £816,478 | £29,583 |
| Property Price € | €950,000 |
| Minimum cost in the last six months | £786,895 |
| Maximum cost in the last six months | £816,478 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £29,583 |
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 €950,000 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 |
|---|---|---|---|
| €950,000 | £786,895 | £816,478 | £29,583 |
| Property Price € | €950,000 |
| Minimum cost in the last six months | £786,895 |
| Maximum cost in the last six months | £816,478 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £29,583 |
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 £29,583 more.
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