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Luxury 2 bedroom apartment for sale | golf | Ombria Algarve | Viceroy Residences | Loulé
Loulé, Faro, Portugal, 8100-393
REF: 510694
€920,000
Description
Luxury 2 bedroom apartment at the Ombria Resort in Loulé, a new development currently under construction and expected to be completed in 2023, which includes the development of an environmentally sustainable resort, set in a paradisiacal landscape of century-old olive trees and lush valleys. This property is sold fully furnished and equipped to the exacting five-star standards of Viceroy Hotels & Resorts. Luxury 2 bedroom apartment at the Ombria Resort in Loulé in the Algarve, a new development currently under construction, which includes the development of an environmentally sustainable resort, set in a paradisiacal landscape of century-old olive trees and green valleys.
Harmoniously integrated into the Algarve countryside, Ombria Resort is the perfect retreat for those looking for permanent contact with nature, surrounded by an exclusive environment and served by a unique infrastructure that includes a signature golf course with a clubhouse, a world-class SPA, junior golf academy, restaurants and a set of experiences in close contact with nature such as walking trails, cycling, honey harvesting, stargazing and much more.
The Ombria Resort is currently under development and is expected to be completed by 2023, offering a set of apartments and villas with a superior level of comfort and exclusivity and a guaranteed annual income of 5% for owners who choose to place their properties in the rental pool. service, which is provided by the American Viceroy hotel chain (guaranteed income only available for Viceroy Residences apartments).
Luxury 2 bedroom apartment at the Ombria Resort in Loulé, a new development currently under construction and expected to be completed in 2023, which includes the development of an environmentally sustainable resort, set in a paradisiacal landscape of century-old olive trees and lush valleys. This property is sold fully furnished and equipped to the exacting five-star standards of Viceroy Hotels & Resorts. Luxury 2 bedroom apartment at the Ombria Resort in Loulé in the Algarve, a new development currently under construction, which includes the development of an environmentally sustainable resort, set in a paradisiacal landscape of century-old olive trees and green valleys.
Harmoniously integrated into the Algarve countryside, Ombria Resort is the perfect retreat for those looking for permanent contact with nature, surrounded by an exclusive environment and served by a unique infrastructure that includes a signature golf course with a clubhouse, a world-class SPA, junior golf academy, restaurants and a set of experiences in close contact with nature such as walking trails, cycling, honey harvesting, stargazing and much more.
The Ombria Resort is currently under development and is expected to be completed by 2023, offering a set of apartments and villas with a superior level of comfort and exclusivity and a guaranteed annual income of 5% for owners who choose to place their properties in the rental pool. service, which is provided by the American Viceroy hotel chain (guaranteed income only available for Viceroy Residences apartments).
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Currency Exchange
Loulé, Faro, Portugal, 8100-393
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 €920,000 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 |
|---|---|---|---|
| €920,000 | £765,330 | £791,770 | £26,441 |
| Property Price € | €920,000 |
| Minimum cost in the last six months | £765,330 |
| Maximum cost in the last six months | £791,770 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £26,441 |
Loulé, Faro, Portugal, 8100-393
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 €920,000 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 |
|---|---|---|---|
| €920,000 | £765,330 | £791,770 | £26,441 |
| Property Price € | €920,000 |
| Minimum cost in the last six months | £765,330 |
| Maximum cost in the last six months | £791,770 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £26,441 |
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 £26,441 more.
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