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Contemporary south facing Villa with stunning sea views in a tranquil setting
Loulé, Faro, Portugal, 8100-318
REF: 913424
€2,370,000
Description
This sophisticated property has recently undergone a complete remodelling, using top quality fixtures and fittings throughout, incorporating a splendid modern design to create a comfortable and luxurious home. The property is located in a very sought after area only five minutes from the busy market town of Loule, yet offers a serene countryside setting for peace and tranquility. Upon entering the villa you are greeted by a wonderful open plan kitchen and living area with direct access to the outside terrace and pool. Due to the large terrace doors the property is filled with lots of natural light and boasts fantastic sea views across the landscaped garden and pool. Also on the ground floor are a large ensuite bedroom and a second bedroom which is currently being used as a TV room, adjacent to the family bathroom. On the first floor are two more generous suites, the master suite having a private terrace to enjoy the breathtaking views. Beneath the house is a garage and a separate laundry room and storage area, which could be converted into a guest annex. The property benefits from underfloor heating and air conditioning throughout as well as a wood burning stove in the lounge. The outside terrace is equipped for al fresco dining or enjoying a drink, whilst taking in the great views. This property needs to be viewed to appreciate its true beauty, so contact us for the opportunity to view your dream home in the Algarve.
This sophisticated property has recently undergone a complete remodelling, using top quality fixtures and fittings throughout, incorporating a splendid modern design to create a comfortable and luxurious home. The property is located in a very sought after area only five minutes from the busy market town of Loule, yet offers a serene countryside setting for peace and tranquility. Upon entering the villa you are greeted by a wonderful open plan kitchen and living area with direct access to the outside terrace and pool. Due to the large terrace doors the property is filled with lots of natural light and boasts fantastic sea views across the landscaped garden and pool. Also on the ground floor are a large ensuite bedroom and a second bedroom which is currently being used as a TV room, adjacent to the family bathroom. On the first floor are two more generous suites, the master suite having a private terrace to enjoy the breathtaking views. Beneath the house is a garage and a separate laundry room and storage area, which could be converted into a guest annex. The property benefits from underfloor heating and air conditioning throughout as well as a wood burning stove in the lounge. The outside terrace is equipped for al fresco dining or enjoying a drink, whilst taking in the great views. This property needs to be viewed to appreciate its true beauty, so contact us for the opportunity to view your dream home in the Algarve.
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Currency Exchange
Loulé, Faro, Portugal, 8100-318
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 €2,370,000 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 |
|---|---|---|---|
| €2,370,000 | £1,963,095 | £2,036,897 | £73,802 |
| Property Price € | €2,370,000 |
| Minimum cost in the last six months | £1,963,095 |
| Maximum cost in the last six months | £2,036,897 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £73,802 |
Loulé, Faro, Portugal, 8100-318
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 €2,370,000 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 |
|---|---|---|---|
| €2,370,000 | £1,963,095 | £2,036,897 | £73,802 |
| Property Price € | €2,370,000 |
| Minimum cost in the last six months | £1,963,095 |
| Maximum cost in the last six months | £2,036,897 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £73,802 |
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 £73,802 more.
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