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Traditional farmhouse with panoramic seaviews and windmill for sale, Boliqueime, Algarve
Loule, Portugal
REF: 946728
€2,500,000
Description
This unique quinta style property is located on a hill near Boliqueime. The property is composed of a main house with large swimming pool, a windmill, converted into a guest cottage, games room and tennis court. The main house, composed of two levels. Upon entering the property, the brick catheral ceilings welcome towards the living area on the right side, and further to the kitchen and dinign area. To the left side, the property splits into two wings. To the left the stairs lead to two en-suite bedrooms. The right wing, has three en-suite bedrooms on the ground floor plus one living area and shower room, which also then has an attic with an additional two bedrooms. The exterior, has a bbq area with exterior dining area, swimning pool, shower, games room, tennis court, storage room and garden with leisure areas and other terraces. The property offers privacy, and from its elevated location benefits from panoramic seaviews. The property is equipped with air conditioning and central heating. Being at a short distance from the town of Boliqueime, the Vilamoura Marina, Faro airport, beaches and golf courses, this property is an ideal retreat for a permanent family home.
This unique quinta style property is located on a hill near Boliqueime. The property is composed of a main house with large swimming pool, a windmill, converted into a guest cottage, games room and tennis court. The main house, composed of two levels. Upon entering the property, the brick catheral ceilings welcome towards the living area on the right side, and further to the kitchen and dinign area. To the left side, the property splits into two wings. To the left the stairs lead to two en-suite bedrooms. The right wing, has three en-suite bedrooms on the ground floor plus one living area and shower room, which also then has an attic with an additional two bedrooms. The exterior, has a bbq area with exterior dining area, swimning pool, shower, games room, tennis court, storage room and garden with leisure areas and other terraces. The property offers privacy, and from its elevated location benefits from panoramic seaviews. The property is equipped with air conditioning and central heating. Being at a short distance from the town of Boliqueime, the Vilamoura Marina, Faro airport, beaches and golf courses, this property is an ideal retreat for a permanent family home.
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Currency Exchange
Loule, 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 €2,500,000 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 |
|---|---|---|---|
| €2,500,000 | £2,059,750 | £2,115,225 | £55,475 |
| Property Price € | €2,500,000 |
| Minimum cost in the last six months | £2,059,750 |
| Maximum cost in the last six months | £2,115,225 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £55,475 |
Loule, 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 €2,500,000 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 |
|---|---|---|---|
| €2,500,000 | £2,059,750 | £2,115,225 | £55,475 |
| Property Price € | €2,500,000 |
| Minimum cost in the last six months | £2,059,750 |
| Maximum cost in the last six months | £2,115,225 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £55,475 |
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 £55,475 more.
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