Excellent five bedroom villa with panoramic views in the outskirts of Loulé, Algarve

Loulé, Faro, Portugal, 8100-229

For Sale

€1,680,000

REF: 929578 €1,680,000


5

5

Description

Traditional house, with lots of character, renovated, a short distance from Loulé, close to all amenities. This unique property combines the charm of traditional architecture with the comfort of a complete renovation, preserving its original character. Set on a gated 1,950 m plot with 290 m of built area, it offers a peaceful retreat just minutes from Loulé, the beaches, and all local amenities. With panoramic views of the sea and countryside, the property is accessible via three automatic gates and equipped with a comprehensive security system, including surveillance cameras and an alarm.

The infrastructure includes mains water supply and a well with advanced three-phase water treatment, a 15,000-liter cistern, and a 10,000-liter filtered water tank. An automatic irrigation system ensures impeccable garden maintenance. The property is fully equipped with fiber optics for internet access throughout, as well as air conditioning in every room.

The bathrooms feature underfloor heating for added comfort, while white aluminum tilt-and-turn windows with double glazing provide thermal and acoustic insulation. Solar panels with a 500-liter capacity enhance the home s energy efficiency. Outside, a spacious terrace overlooking the fountain and pool is perfect for leisure moments.

This area includes a barbecue, a gym, and storage space, ideal for entertaining family and friends. Property layout: Basement: Two bedrooms, one bathroom, a wine cellar, and a bar, creating a warm and unique ambiance. Ground floor: A large living room with a fireplace, a fully equipped kitchen, a bedroom with an en-suite bathroom, and direct access to the terrace. Upper floor: Two additional bedrooms, including a master suite, a games room, another fully equipped kitchen, and a laundry room with outdoor access. This property is a unique opportunity for those seeking a permanent residence or a holiday home with high-quality finishes, a prime location, and unforgettable views.
Traditional house, with lots of character, renovated, a short distance from Loulé, close to all amenities. This unique property combines the charm of traditional architecture with the comfort of a complete renovation, preserving its original character. Set on a gated 1,950 m plot with 290 m of built area, it offers a peaceful retreat just minutes from Loulé, the beaches, and all local amenities. With panoramic views of the sea and countryside, the property is accessible via three automatic gates and equipped with a comprehensive security system, including surveillance cameras and an alarm.

The infrastructure includes mains water supply and a well with advanced three-phase water treatment, a 15,000-liter cistern, and a 10,000-liter filtered water tank. An automatic irrigation system ensures impeccable garden maintenance. The property is fully equipped with fiber optics for internet access throughout, as well as air conditioning in every room.

The bathrooms feature underfloor heating for added comfort, while white aluminum tilt-and-turn windows with double glazing provide thermal and acoustic insulation. Solar panels with a 500-liter capacity enhance the home s energy efficiency. Outside, a spacious terrace overlooking the fountain and pool is perfect for leisure moments.

This area includes a barbecue, a gym, and storage space, ideal for entertaining family and friends. Property layout: Basement: Two bedrooms, one bathroom, a wine cellar, and a bar, creating a warm and unique ambiance. Ground floor: A large living room with a fireplace, a fully equipped kitchen, a bedroom with an en-suite bathroom, and direct access to the terrace. Upper floor: Two additional bedrooms, including a master suite, a games room, another fully equipped kitchen, and a laundry room with outdoor access. This property is a unique opportunity for those seeking a permanent residence or a holiday home with high-quality finishes, a prime location, and unforgettable views.
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Property on Map

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Currency Exchange

Loulé, Faro, Portugal, 8100-229

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 €1,680,000 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
€1,680,000 £1,384,152 £1,458,391 £74,239
Property Price € €1,680,000
Minimum cost in the last six months £1,384,152
Maximum cost in the last six months £1,458,391
Fluctuating exchange rates over the last six months could have increased the cost of this property by £74,239

Loulé, Faro, Portugal, 8100-229

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 €1,680,000 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
€1,680,000 £1,384,152 £1,458,391 £74,239
Property Price € €1,680,000
Minimum cost in the last six months £1,384,152
Maximum cost in the last six months £1,458,391
Fluctuating exchange rates over the last six months could have increased the cost of this property by £74,239

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 £74,239 more.

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