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Traditional Portuguese house to renovate with seaview close to Loulé
Loulé, Faro, Portugal, 8100-296
REF: 913483
€545,000
Description
Located just 4 minutes from the centre of Loulé, this property combines the rustic charm of the countryside. A place where the tranquillity of nature meets the practicality of urban amenities.
With the possibility of renovation or extension of up to 300 m , this family home offers the freedom to personalise every detail. Situated on a 1.5 hectare plot, fully fenced and with stunning sea views, it is the perfect space for unforgettable moments with family and friends.
The land, full of typical trees such as carob, olive, loquat and lemon trees, is supplied by a borehole, a 30,000-litre reservoir and a cistern. There is also an autonomous swimming pool. City water and sanitation are available at the front of the property, ensuring ease of installation.
From the top of a hill, enjoy incredible 270 views that capture the unique beauty of the Algarve and the sea.
An investment with great potential. The main house, currently 220 m divided into two parts, can be extended, making it an ideal project for investors or those looking for a luxury residence. Located in the Algarve's Golden Triangle, this is a rare opportunity for appreciation and guaranteed return.
Located just 4 minutes from the centre of Loulé, this property combines the rustic charm of the countryside. A place where the tranquillity of nature meets the practicality of urban amenities.
With the possibility of renovation or extension of up to 300 m , this family home offers the freedom to personalise every detail. Situated on a 1.5 hectare plot, fully fenced and with stunning sea views, it is the perfect space for unforgettable moments with family and friends.
The land, full of typical trees such as carob, olive, loquat and lemon trees, is supplied by a borehole, a 30,000-litre reservoir and a cistern. There is also an autonomous swimming pool. City water and sanitation are available at the front of the property, ensuring ease of installation.
From the top of a hill, enjoy incredible 270 views that capture the unique beauty of the Algarve and the sea.
An investment with great potential. The main house, currently 220 m divided into two parts, can be extended, making it an ideal project for investors or those looking for a luxury residence. Located in the Algarve's Golden Triangle, this is a rare opportunity for appreciation and guaranteed return.
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Currency Exchange
Loulé, Faro, Portugal, 8100-296
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 €545,000 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 |
|---|---|---|---|
| €545,000 | £451,429 | £468,400 | £16,971 |
| Property Price € | €545,000 |
| Minimum cost in the last six months | £451,429 |
| Maximum cost in the last six months | £468,400 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,971 |
Loulé, Faro, Portugal, 8100-296
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 €545,000 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 |
|---|---|---|---|
| €545,000 | £451,429 | £468,400 | £16,971 |
| Property Price € | €545,000 |
| Minimum cost in the last six months | £451,429 |
| Maximum cost in the last six months | £468,400 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,971 |
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 £16,971 more.
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