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Charming traditional 3-bedroom villa with great sea views close to Loule centre
Loulé, Faro, Portugal, 8100-221
REF: 913425
€979,000
Description
This lovely south facing character property is nestled on a hilltop close to the bustling market town of Loule, and only 15 minutes from Faro International Airport and beautiful beaches. The house comprises two entrance halls, a kitchen with utility, an 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 terrace doors leading directly to the lawn and pool area. On the first floor is the master suite with a large, covered terrace boasting fantastic sea views. Adjoining the main house is another spacious 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. Adjacent to the house, on a separate plot, there is a three-bedroom cottage with sea views, which could also be purchased along with the main house, creating the opportunity to be used as guest accommodation or offering fantastic rental potential. This is a great opportunity to own a wonderful traditional Portuguese villa in a prime location.
This lovely south facing character property is nestled on a hilltop close to the bustling market town of Loule, and only 15 minutes from Faro International Airport and beautiful beaches. The house comprises two entrance halls, a kitchen with utility, an 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 terrace doors leading directly to the lawn and pool area. On the first floor is the master suite with a large, covered terrace boasting fantastic sea views. Adjoining the main house is another spacious 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. Adjacent to the house, on a separate plot, there is a three-bedroom cottage with sea views, which could also be purchased along with the main house, creating the opportunity to be used as guest accommodation or offering fantastic rental potential. This is a great opportunity to own a wonderful traditional Portuguese villa in a prime location.
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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 €979,000 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 |
|---|---|---|---|
| €979,000 | £806,598 | £849,860 | £43,262 |
| Property Price € | €979,000 |
| Minimum cost in the last six months | £806,598 |
| Maximum cost in the last six months | £849,860 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £43,262 |
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 €979,000 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 |
|---|---|---|---|
| €979,000 | £806,598 | £849,860 | £43,262 |
| Property Price € | €979,000 |
| Minimum cost in the last six months | £806,598 |
| Maximum cost in the last six months | £849,860 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £43,262 |
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 £43,262 more.
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