This Renovated Farmhouse In Salir Has A Lot Of Charm With An Extra Ruin Included In The Price - You Can Build Another Small House Or Expand Loule, Algarve

Ref: 13910-PPSS1363-

€380,000 (£338,200)

4 Bedroom House This Renovated Farmhouse In Salir Has A Lot Of Charm With An Extra Ruin Included In The Price - You Can Build Another Small House Or Expand

This renovated farmhouse in Salir has a lot of charm with an extra ruin included in the price - you can build another small house or expand.

The farmhouse has lots of potential to either utilise all the space together or leave as it is with one side to live in, the other could be for holiday letting as you have 2 separate private entrances to the property.

The first of the villa has 3 bedrooms, one of which with en-suite bathroom, a living/dining room with fireplace and wood burning stove, and direct access to the pool area and gardens.
It also has a charming, rustic kitchen where some of the original architectural details of the house were preserved and a family bathroom.
The other unit has one bedroom, bathroom, kitchen and a beautiful living room with direct access to the gardens, separate entrance and small outdoor dining area in front. The total build size is 269.85 square metres.

Outside there is a lovely roof terrace to enjoy the sun and valley views. The South-facing swimming pool overflow and cascade, access by gradual ramp and a large recreation area. Total plot size 2,490 square metres.

Viewing recommended to appreciate the flexibility of the accommodation on offer. Ref: PPSS1363

Property Features

* Villa
* Swimming pool
* 4 bedrooms
* 3 bathrooms
* Garden
* Heating
* Parking
* Terrace/balcony
* Storage room

Make an Enquiry on this Property

Make an Enquiry on this Property

4 Bedroom House Loule, Algarve


Interested in this property? Don't lose out to currency fluctuations changing the price you pay…

Many overseas buyers in do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in 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 €380,000 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
€380,000 £315,586 £344,679 £29,093

The exchange rate on the day you make an offer on your property in 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 £29,093 more.

And then you have the additional saving from their better than bank rates - 1% on the minimum property cost above is a saving of £3,382.

Can you afford to lose £32,475?

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