Modern 5-Bedroom Villa with Panoramic Sea Views in Estoi

Faro, Faro, Portugal, 8005-469

For Sale

€2,500,000

REF: 293056 €2,500,000


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Description

Modern 5-bedroom villa near Estoi on a 16,540 sq.m. plot with sea views, pool, and gardens. Renovation planned for 2025. Ideal for rural tourism or private living. This stunning 5-bedroom villa, located near the picturesque village of Estoi, offers an incredible investment opportunity. Nestled in a tranquil area surrounded by nature, it boasts breathtaking sea and mountain views and is just a short distance from the city center and the iconic village of Estoi. Set on a generous 16,540 sq.m.

plot with a 362 sq.m. built area, the property features a large lounge, a modern 25 sq.m. fully equipped kitchen, and 5 spacious bedrooms, including 2 en-suite. Outdoor living is unparalleled, with two biological lakes, a covered wooden deck, and a barbecue area surrounded by lush greenery. This south-facing home is designed for relaxation, with a sunlit living and dining area overlooking the pool and private garden.

The villa is equipped with air conditioning, double glazing, and an alarm system, ensuring both comfort and security. Scheduled for renovation in 2025, the property will offer even greater appeal, making it a fantastic opportunity for rural tourism or a private retreat. Shopping centers and supermarkets are less than 8 km away, and parking is available for several cars. With its unique charm, prime location, and enormous potential, this villa deserves to be visited. Contact us today to learn more or to schedule a viewing! AlgarveProperty.com - AMI: 2196 - T.: 00351 289310310
Modern 5-bedroom villa near Estoi on a 16,540 sq.m. plot with sea views, pool, and gardens. Renovation planned for 2025. Ideal for rural tourism or private living. This stunning 5-bedroom villa, located near the picturesque village of Estoi, offers an incredible investment opportunity. Nestled in a tranquil area surrounded by nature, it boasts breathtaking sea and mountain views and is just a short distance from the city center and the iconic village of Estoi. Set on a generous 16,540 sq.m.

plot with a 362 sq.m. built area, the property features a large lounge, a modern 25 sq.m. fully equipped kitchen, and 5 spacious bedrooms, including 2 en-suite. Outdoor living is unparalleled, with two biological lakes, a covered wooden deck, and a barbecue area surrounded by lush greenery. This south-facing home is designed for relaxation, with a sunlit living and dining area overlooking the pool and private garden.

The villa is equipped with air conditioning, double glazing, and an alarm system, ensuring both comfort and security. Scheduled for renovation in 2025, the property will offer even greater appeal, making it a fantastic opportunity for rural tourism or a private retreat. Shopping centers and supermarkets are less than 8 km away, and parking is available for several cars. With its unique charm, prime location, and enormous potential, this villa deserves to be visited. Contact us today to learn more or to schedule a viewing! AlgarveProperty.com - AMI: 2196 - T.: 00351 289310310
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Property on Map

#V206704A

Currency Exchange

Faro, Faro, Portugal, 8005-469

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 £2,170,225 £110,475
Property Price € €2,500,000
Minimum cost in the last six months £2,059,750
Maximum cost in the last six months £2,170,225
Fluctuating exchange rates over the last six months could have increased the cost of this property by £110,475

Faro, Faro, Portugal, 8005-469

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 £2,170,225 £110,475
Property Price € €2,500,000
Minimum cost in the last six months £2,059,750
Maximum cost in the last six months £2,170,225
Fluctuating exchange rates over the last six months could have increased the cost of this property by £110,475

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 £110,475 more.

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