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For sale - Beautiful villa within a great plot of land in Quinta do Lago
Quinta do Lago, Faro, Portugal
REF: 126587
€3,850,000
Description
Beautiful villa within a great plot of land at the 'Parque Atlntico' in Quinta do Lago. With a well-thought-out architecture, its large common areas and various living areas were designed to receive and enjoy family and friends. This beautiful villa with quality finishes, consists of a large entrance hall, two living rooms one with a fireplace - dining room, kitchen with cooking island and breakfast area. Adjacent to the kitchen there is a wide covered veranda for 'al-fresco' dining and living. We also have a guests' WC, 4 large bedrooms with private bathrooms, a fifth bedroom and an office. In the basement we can find, among others, the laundry room and a wine storage room. Its large garden, mature and flowery, provides plenty of privacy. In this area we find the heated swimming pool, and several covered areas for relaxation and conviviality. Other features: wide cobblestone areas, garage, underfloor heating, air conditioning, electric blinds and hot water through solar panels. Overall this is a beautiful property within walking distance of the beach and easy access to all facilities that Quinta do Lago has to offer.
Beautiful villa within a great plot of land at the 'Parque Atlntico' in Quinta do Lago. With a well-thought-out architecture, its large common areas and various living areas were designed to receive and enjoy family and friends. This beautiful villa with quality finishes, consists of a large entrance hall, two living rooms one with a fireplace - dining room, kitchen with cooking island and breakfast area. Adjacent to the kitchen there is a wide covered veranda for 'al-fresco' dining and living. We also have a guests' WC, 4 large bedrooms with private bathrooms, a fifth bedroom and an office. In the basement we can find, among others, the laundry room and a wine storage room. Its large garden, mature and flowery, provides plenty of privacy. In this area we find the heated swimming pool, and several covered areas for relaxation and conviviality. Other features: wide cobblestone areas, garage, underfloor heating, air conditioning, electric blinds and hot water through solar panels. Overall this is a beautiful property within walking distance of the beach and easy access to all facilities that Quinta do Lago has to offer.
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Currency Exchange
Quinta do Lago, 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 €3,850,000 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 |
|---|---|---|---|
| €3,850,000 | £3,172,015 | £3,257,447 | £85,432 |
| Property Price € | €3,850,000 |
| Minimum cost in the last six months | £3,172,015 |
| Maximum cost in the last six months | £3,257,447 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £85,432 |
Quinta do Lago, 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 €3,850,000 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 |
|---|---|---|---|
| €3,850,000 | £3,172,015 | £3,257,447 | £85,432 |
| Property Price € | €3,850,000 |
| Minimum cost in the last six months | £3,172,015 |
| Maximum cost in the last six months | £3,257,447 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £85,432 |
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 £85,432 more.
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