3-bedroom detached villa with 2

Loulé, Faro, Portugal, 8100-227

For Sale

€430,000

REF: 956795 €430,000


3

2

Description

In a very quiet and sought-after area of Loulé, Apra, you'll find this 3-bedroom single-storey house for sale. Surrounded by a flat plot of 2,884 m2, you'll find several fruit trees such as orange, lemon, fig, olive and many others. The house, with typical Algarvian features, has an area of 121m2 and comprises an entrance hall, large kitchen with utility room/laundry room, lounge with access to the garden, 3 bedrooms and 2 bathrooms.

At the back of the house there is also a fully glazed wooden marquee, which gives it plenty of natural light and beautiful views of the garden. This property has 2 independent entrances, one of which has electric gates and the other manual. There is a borehole on site for irrigation and the house is supplied by mains water and a septic tank.

With some renovation work you have the possibility of creating a dream home to live in or a beautiful renovation project for resale. Possibility to build up to 300 m2, (increase the area of the house, make a pool and garage) and if you choose to build a 1st floor you can build up to 450m2. Apra is a residential area with magnificent villas and is highly sought after for its privileged location, as you can enjoy nature to the full.

500m from Poço Novo school, 2 kms from the centre of Loulé, restaurants, bakeries and all services, 3 kms from Continente and schools and 9 kms from São Brás de Alportel. This property is presented by Quintas and Casas, voted the best boutique real estate agency in Portugal in 2024.
In a very quiet and sought-after area of Loulé, Apra, you'll find this 3-bedroom single-storey house for sale. Surrounded by a flat plot of 2,884 m2, you'll find several fruit trees such as orange, lemon, fig, olive and many others. The house, with typical Algarvian features, has an area of 121m2 and comprises an entrance hall, large kitchen with utility room/laundry room, lounge with access to the garden, 3 bedrooms and 2 bathrooms.

At the back of the house there is also a fully glazed wooden marquee, which gives it plenty of natural light and beautiful views of the garden. This property has 2 independent entrances, one of which has electric gates and the other manual. There is a borehole on site for irrigation and the house is supplied by mains water and a septic tank.

With some renovation work you have the possibility of creating a dream home to live in or a beautiful renovation project for resale. Possibility to build up to 300 m2, (increase the area of the house, make a pool and garage) and if you choose to build a 1st floor you can build up to 450m2. Apra is a residential area with magnificent villas and is highly sought after for its privileged location, as you can enjoy nature to the full.

500m from Poço Novo school, 2 kms from the centre of Loulé, restaurants, bakeries and all services, 3 kms from Continente and schools and 9 kms from São Brás de Alportel. This property is presented by Quintas and Casas, voted the best boutique real estate agency in Portugal in 2024.
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#FlordeLaranjeira

Currency Exchange

Loulé, Faro, Portugal, 8100-227

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 €430,000 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
€430,000 £354,277 £373,279 £19,002
Property Price € €430,000
Minimum cost in the last six months £354,277
Maximum cost in the last six months £373,279
Fluctuating exchange rates over the last six months could have increased the cost of this property by £19,002

Loulé, Faro, Portugal, 8100-227

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 €430,000 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
€430,000 £354,277 £373,279 £19,002
Property Price € €430,000
Minimum cost in the last six months £354,277
Maximum cost in the last six months £373,279
Fluctuating exchange rates over the last six months could have increased the cost of this property by £19,002

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 £19,002 more.

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