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Villa Claire
Loulé, Faro, Portugal
REF: 929919
€2,395,000
Description
Built in a classical style this large villa with generously sized rooms is conveniently located in The Village, a small and quiet development near to Vale do Lobo and within walking distance to popular restaurants.
Situated on a corner plot and in an elevated positioning, the spacious family villa invites you up to the front door via two impressive, mirrored staircases. A large living room welcomes you into the heart of the home featuring multiple doors leading out to the exterior terrace and an abundance of natural light. Presenting a feature stone fireplace, this is the perfect spot for entertaining family and friends. A raised dining area is situated next to the living room, leading through to the fully equipped kitchen with Bosch appliances. There is convenient access from the kitchen out to the side terrace with a charcoal BBQ. A partially covered terrace off the living room overlooks the private swimming pool and is an ideal place for al fresco dining.
The property features 5-bedroom suites, 2 of which are located on the ground floor and 3 on the first floor, including the impressive master suite with a dressing area and a large terrace with distant sea views. All the bedrooms have fitted wardrobes. Downstairs, there is a big basement area with a bar and entertainment area, home cinema or television room, utility room and plenty of storage. An enormous 5-car garage with an electric garage door provides plenty of secure off-road parking.
Outside there is a striking private swimming pool with a waterfall feature and built-in Jacuzzi, the perfect spot to enjoy the warm sunny days. Distant sea views and vistas over the nearby woodland can be seen from the south-facing side of the terraces. With a substantial amount of space and polished stone flooring throughout the well-presented property has plenty of potential and is ready to move into. This appealing property is ideal as a full-time residence or holiday home and has great rental potential.
Built in a classical style this large villa with generously sized rooms is conveniently located in The Village, a small and quiet development near to Vale do Lobo and within walking distance to popular restaurants.
Situated on a corner plot and in an elevated positioning, the spacious family villa invites you up to the front door via two impressive, mirrored staircases. A large living room welcomes you into the heart of the home featuring multiple doors leading out to the exterior terrace and an abundance of natural light. Presenting a feature stone fireplace, this is the perfect spot for entertaining family and friends. A raised dining area is situated next to the living room, leading through to the fully equipped kitchen with Bosch appliances. There is convenient access from the kitchen out to the side terrace with a charcoal BBQ. A partially covered terrace off the living room overlooks the private swimming pool and is an ideal place for al fresco dining.
The property features 5-bedroom suites, 2 of which are located on the ground floor and 3 on the first floor, including the impressive master suite with a dressing area and a large terrace with distant sea views. All the bedrooms have fitted wardrobes. Downstairs, there is a big basement area with a bar and entertainment area, home cinema or television room, utility room and plenty of storage. An enormous 5-car garage with an electric garage door provides plenty of secure off-road parking.
Outside there is a striking private swimming pool with a waterfall feature and built-in Jacuzzi, the perfect spot to enjoy the warm sunny days. Distant sea views and vistas over the nearby woodland can be seen from the south-facing side of the terraces. With a substantial amount of space and polished stone flooring throughout the well-presented property has plenty of potential and is ready to move into. This appealing property is ideal as a full-time residence or holiday home and has great rental potential.
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Currency Exchange
Loulé, Faro, Portugal
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 €2,395,000 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 |
|---|---|---|---|
| €2,395,000 | £1,973,241 | £2,028,421 | £55,181 |
| Property Price € | €2,395,000 |
| Minimum cost in the last six months | £1,973,241 |
| Maximum cost in the last six months | £2,028,421 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £55,181 |
Loulé, Faro, Portugal
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 €2,395,000 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 |
|---|---|---|---|
| €2,395,000 | £1,973,241 | £2,028,421 | £55,181 |
| Property Price € | €2,395,000 |
| Minimum cost in the last six months | £1,973,241 |
| Maximum cost in the last six months | £2,028,421 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £55,181 |
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 £55,181 more.
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