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Charming traditional 3 Bed Villa with a separate 3 Bed cottage and great sea views close to Loulé centre
Loulé, Faro, Portugal, 8100-221
REF: 913425
€1,330,000
Description
This lovely south facing character property is nestled on a hilltop not far from the bustling town of Loule, and includes a 3 bedroom cottage set in the grounds. The main house comprises two entrance halls, a kitchen with utility, open plan lounge / dining room with wood burning stove, and two ensuite bedrooms on the ground floor, plus a family bathroom. One of the bedrooms and the lounge have direct access to the lawn and pool terrace. On the first floor is the master suite with a large covered terrace boasting beautiful sea views. Set in the grounds of a good sized plot of land you have a three bedroom cottage, giving you the opportunity to either use as guest accommodation or offering great rental potential. The cottage, which has separate access, consists of a spacious living room, a kitchen, a large master suite with dressing area and two further bedrooms with a shared bathroom and also enjoys wonderful sea views. Adjoining the main house is a covered terrace with a complete kitchen / BBQ, great for al fresco dining, or simply enjoying a drink whilst taking in the sea views across the swimming pool. Below the house is a two car garage, which includes another bathroom. This is a great opportunity to own a wonderful traditional Portuguese villa in a great location with the option of a good rental return from the cottage.
This property is presented by Quintas and Casas, voted the best boutique real estate agency in Portugal in 2024.
This lovely south facing character property is nestled on a hilltop not far from the bustling town of Loule, and includes a 3 bedroom cottage set in the grounds. The main house comprises two entrance halls, a kitchen with utility, open plan lounge / dining room with wood burning stove, and two ensuite bedrooms on the ground floor, plus a family bathroom. One of the bedrooms and the lounge have direct access to the lawn and pool terrace. On the first floor is the master suite with a large covered terrace boasting beautiful sea views. Set in the grounds of a good sized plot of land you have a three bedroom cottage, giving you the opportunity to either use as guest accommodation or offering great rental potential. The cottage, which has separate access, consists of a spacious living room, a kitchen, a large master suite with dressing area and two further bedrooms with a shared bathroom and also enjoys wonderful sea views. Adjoining the main house is a covered terrace with a complete kitchen / BBQ, great for al fresco dining, or simply enjoying a drink whilst taking in the sea views across the swimming pool. Below the house is a two car garage, which includes another bathroom. This is a great opportunity to own a wonderful traditional Portuguese villa in a great location with the option of a good rental return from the cottage.
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, 8100-221
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 €1,330,000 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 |
|---|---|---|---|
| €1,330,000 | £1,101,652 | £1,143,069 | £41,416 |
| Property Price € | €1,330,000 |
| Minimum cost in the last six months | £1,101,652 |
| Maximum cost in the last six months | £1,143,069 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £41,416 |
Loulé, Faro, Portugal, 8100-221
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 €1,330,000 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 |
|---|---|---|---|
| €1,330,000 | £1,101,652 | £1,143,069 | £41,416 |
| Property Price € | €1,330,000 |
| Minimum cost in the last six months | £1,101,652 |
| Maximum cost in the last six months | £1,143,069 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £41,416 |
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 £41,416 more.
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