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A three-bedroom ground-floor apartment and a first-floor four-bedroom apartment for sale in Salir
Loulé, Faro, Portugal, 8100-202
REF: 913462
€575,000
Description
Restored by the present owner this property offers a 3-bedroom apartment to the ground floor and a 4-bedroom apartment to the first floor and is ideal for someone looking for an extended family home or an investment opportunity. Situated in the traditional Portuguese village of Salir offering versatile self-contained accommodation over two floors and offers stunning views over the surrounding countryside, especially from the two roof terraces. Within the fully walled grounds, there is the addition of a large warehouse, garage with ample space for 4 cars, a large workshop/woodstore, an additional garden room, an attractive spacious courtyard area, and further grounds.
The ground floor apartment with 3 double bedrooms also has two sitting rooms, dining room, fully fitted kitchen & two shower rooms. Full independent entry from the front of the house through a gated front terrace.
The first-floor apartment with 3 double bedrooms & 1 single bedroom also has a spacious sitting/dining room which leads onto a south-facing balcony, kitchen, walk-in pantry and shower room. Independent entry via the garden and external stairs.
Both apartments have access to the garden with the spacious courtyard and a garden games room/entertaining room. Enter the walled grounds through an electric gate, there is then also the spacious garage, again with automated door, a large workshop/woodstore, a large warehouse and a cleared but un-developed area of garden where a new owner could choose going forward the best use of the space.
Faro International Airport is a 35-minute drive away, as are the beaches of the Algarve and Loule is a 15-minute drive. The new Ombria Golf Course is a ten-minute drive away. The village of Salir offers a range of excellent amenities.
This property is presented by Quintas and Casas, voted the best boutique real estate agency in Portugal in 2024.
Restored by the present owner this property offers a 3-bedroom apartment to the ground floor and a 4-bedroom apartment to the first floor and is ideal for someone looking for an extended family home or an investment opportunity. Situated in the traditional Portuguese village of Salir offering versatile self-contained accommodation over two floors and offers stunning views over the surrounding countryside, especially from the two roof terraces. Within the fully walled grounds, there is the addition of a large warehouse, garage with ample space for 4 cars, a large workshop/woodstore, an additional garden room, an attractive spacious courtyard area, and further grounds.
The ground floor apartment with 3 double bedrooms also has two sitting rooms, dining room, fully fitted kitchen & two shower rooms. Full independent entry from the front of the house through a gated front terrace.
The first-floor apartment with 3 double bedrooms & 1 single bedroom also has a spacious sitting/dining room which leads onto a south-facing balcony, kitchen, walk-in pantry and shower room. Independent entry via the garden and external stairs.
Both apartments have access to the garden with the spacious courtyard and a garden games room/entertaining room. Enter the walled grounds through an electric gate, there is then also the spacious garage, again with automated door, a large workshop/woodstore, a large warehouse and a cleared but un-developed area of garden where a new owner could choose going forward the best use of the space.
Faro International Airport is a 35-minute drive away, as are the beaches of the Algarve and Loule is a 15-minute drive. The new Ombria Golf Course is a ten-minute drive away. The village of Salir offers a range of excellent amenities.
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, 8100-202
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 €575,000 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 |
|---|---|---|---|
| €575,000 | £476,278 | £494,184 | £17,906 |
| Property Price € | €575,000 |
| Minimum cost in the last six months | £476,278 |
| Maximum cost in the last six months | £494,184 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,906 |
Loulé, Faro, Portugal, 8100-202
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 €575,000 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 |
|---|---|---|---|
| €575,000 | £476,278 | £494,184 | £17,906 |
| Property Price € | €575,000 |
| Minimum cost in the last six months | £476,278 |
| Maximum cost in the last six months | £494,184 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,906 |
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 £17,906 more.
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