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Immaculately renovated 5 bedroom classical Villa
Loulé, Faro, Portugal, 8100-289
REF: 913466
€1,250,000
Description
This elegant south facing five bedroom villa is well located to the south of Loule, a short drive to all amenities, beautiful beaches and the resorts of Vale de Lobo and Villamoura. The property which has three storeys has been recently completely renovated creating a pristine, comfortable modern home. The ground floor, which comprises a large open plan living area, is bathed in natural light from the terrace doors which give direct access to the pool and garden, and consists of a splendid new fully fitted kitchen with central aisle, dining and lounge. There is also another separate lounge / tv room on this level, along with two bedrooms and a bathroom. On the first floor are two generous suites which benefit from a spacious south facing terrace overlooking the pool and garden. Back down to the lower level you have a wonderful guest suite with a roll top bath as well as a shower and walk in wardrobe. Adjacent to this suite is a fantastic cinema room with 4k projector, surround sound and luxurious recliner seating. Set in the grounds of the villa is an 8 x 5 heated pool surrounded by a patio with outdoor shower and a fully irrigated fenced garden. The entrance to the property via electric gates offers ample parking on the calcada driveway and access to the garage. This very well presented property offers great potential as a full time family home, a holiday home or as a rental investment.
This property is presented by Quintas and Casas, voted the best boutique real estate agency in Portugal in 2024.
This elegant south facing five bedroom villa is well located to the south of Loule, a short drive to all amenities, beautiful beaches and the resorts of Vale de Lobo and Villamoura. The property which has three storeys has been recently completely renovated creating a pristine, comfortable modern home. The ground floor, which comprises a large open plan living area, is bathed in natural light from the terrace doors which give direct access to the pool and garden, and consists of a splendid new fully fitted kitchen with central aisle, dining and lounge. There is also another separate lounge / tv room on this level, along with two bedrooms and a bathroom. On the first floor are two generous suites which benefit from a spacious south facing terrace overlooking the pool and garden. Back down to the lower level you have a wonderful guest suite with a roll top bath as well as a shower and walk in wardrobe. Adjacent to this suite is a fantastic cinema room with 4k projector, surround sound and luxurious recliner seating. Set in the grounds of the villa is an 8 x 5 heated pool surrounded by a patio with outdoor shower and a fully irrigated fenced garden. The entrance to the property via electric gates offers ample parking on the calcada driveway and access to the garage. This very well presented property offers great potential as a full time family home, a holiday home or as a rental investment.
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, 8100-289
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 €1,250,000 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 |
|---|---|---|---|
| €1,250,000 | £1,035,388 | £1,074,313 | £38,925 |
| Property Price € | €1,250,000 |
| Minimum cost in the last six months | £1,035,388 |
| Maximum cost in the last six months | £1,074,313 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £38,925 |
Loulé, Faro, Portugal, 8100-289
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 €1,250,000 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 |
|---|---|---|---|
| €1,250,000 | £1,035,388 | £1,074,313 | £38,925 |
| Property Price € | €1,250,000 |
| Minimum cost in the last six months | £1,035,388 |
| Maximum cost in the last six months | £1,074,313 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £38,925 |
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 £38,925 more.
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