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It is a spectacular villa with sea views situated on an elevated plot at the end of a cul-de-sac in Encosta do Lobo and many excellent amenities nearby
Portugal, International, Cyprus
REF: 644597
€3,995,000
Description
It is a spectacular villa with sea views situated on an elevated plot at the end of a cul-de-sac in Encosta do Lobo and many excellent amenities nearby. This private location is just 10 minutes walk to a restaurant and 15 to Vale do Lobo's Praca.
This impressive villa boasts chic interiors and open living areas with a stylish kitchen, sitting area, dining room and a living area spanning the entire first floor. It is a spacious home designed to make the most of its south-facing position and the views with plenty of natural light throughout.
It features six large bedroom suites, including a remarkable master occupying the first floor, a walk-in wardrobe, access to the pool terrace and a private balcony. Ideal for socialising, there is an impressive wine cellar, entertainment room with a bar, games room, gym, sauna and a steam room. The villa's positioning provides sea views from the upper levels, particularly from the gorgeous roof terrace, which also boasts a Jacuzzi.
Outside there are landscaped gardens, a striking infinity pool, several seating areas and an elevated BBQ and al fresco dining pergola, the ideal spot to watch the sunset over the sea.
Encosta do Lobo is ideally situated between Dunas Douradas and Vale do Lobo in a private location, close to many local facilities and only 25 minutes from Faro airport.
Please contact Elit Blue to arrange a viewing.
It is a spectacular villa with sea views situated on an elevated plot at the end of a cul-de-sac in Encosta do Lobo and many excellent amenities nearby. This private location is just 10 minutes walk to a restaurant and 15 to Vale do Lobo's Praca.
This impressive villa boasts chic interiors and open living areas with a stylish kitchen, sitting area, dining room and a living area spanning the entire first floor. It is a spacious home designed to make the most of its south-facing position and the views with plenty of natural light throughout.
It features six large bedroom suites, including a remarkable master occupying the first floor, a walk-in wardrobe, access to the pool terrace and a private balcony. Ideal for socialising, there is an impressive wine cellar, entertainment room with a bar, games room, gym, sauna and a steam room. The villa's positioning provides sea views from the upper levels, particularly from the gorgeous roof terrace, which also boasts a Jacuzzi.
Outside there are landscaped gardens, a striking infinity pool, several seating areas and an elevated BBQ and al fresco dining pergola, the ideal spot to watch the sunset over the sea.
Encosta do Lobo is ideally situated between Dunas Douradas and Vale do Lobo in a private location, close to many local facilities and only 25 minutes from Faro airport.
Please contact Elit Blue to arrange a viewing.
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Currency Exchange
Portugal, International, Cyprus
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Cyprus do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Cyprus 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 €3,995,000 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 |
|---|---|---|---|
| €3,995,000 | £3,291,481 | £3,468,020 | £176,539 |
| Property Price € | €3,995,000 |
| Minimum cost in the last six months | £3,291,481 |
| Maximum cost in the last six months | £3,468,020 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £176,539 |
Portugal, International, Cyprus
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Cyprus do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Cyprus 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 €3,995,000 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 |
|---|---|---|---|
| €3,995,000 | £3,291,481 | £3,468,020 | £176,539 |
| Property Price € | €3,995,000 |
| Minimum cost in the last six months | £3,291,481 |
| Maximum cost in the last six months | £3,468,020 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £176,539 |
The exchange rate on the day you make an offer on your property in Cyprus 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 £176,539 more.
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