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Spacious townhouse with swimming pool walking distance to the beach
Loulé, Faro, Portugal, 8135-170
REF: 913456
€800,000
Description
A two-story semi-detached house located in the Vale do Garrão development, only about a 5-minute walk from the beach and a few minutes away from restaurants and bars.
The property consists of a spacious, fully equipped kitchen, a guest bathroom, and a living room with a fireplace and sliding doors that open onto the outdoor and swimming pool area. On the upper floor, there are two generously sized bedrooms, both with en-suite bathrooms and private terraces. The top floor features a large terrace that can be transformed into a bar/leisure area, offering views over the development, pine trees, and distant sea views.
The property also includes air conditioning and double-glazed windows.
The property is perfect as an investment or your holiday retreat
This property is presented by Quintas and Casas, voted the best boutique real estate agency in Portugal in 2024.
A two-story semi-detached house located in the Vale do Garrão development, only about a 5-minute walk from the beach and a few minutes away from restaurants and bars.
The property consists of a spacious, fully equipped kitchen, a guest bathroom, and a living room with a fireplace and sliding doors that open onto the outdoor and swimming pool area. On the upper floor, there are two generously sized bedrooms, both with en-suite bathrooms and private terraces. The top floor features a large terrace that can be transformed into a bar/leisure area, offering views over the development, pine trees, and distant sea views.
The property also includes air conditioning and double-glazed windows.
The property is perfect as an investment or your holiday retreat
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, 8135-170
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 €800,000 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 |
|---|---|---|---|
| €800,000 | £662,648 | £687,560 | £24,912 |
| Property Price € | €800,000 |
| Minimum cost in the last six months | £662,648 |
| Maximum cost in the last six months | £687,560 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £24,912 |
Loulé, Faro, Portugal, 8135-170
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 €800,000 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 |
|---|---|---|---|
| €800,000 | £662,648 | £687,560 | £24,912 |
| Property Price € | €800,000 |
| Minimum cost in the last six months | £662,648 |
| Maximum cost in the last six months | £687,560 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £24,912 |
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 £24,912 more.
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