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Large ocean front villa with 5 bedrooms for sale near Alvor
Portimão, Portugal
REF: 593540
€4,500,000
Description
Luxurious new villa, inserted into a beautiful green plot of more than 10,000 m2 with lush gardens, fruit trees and panoramic sea views. The ground floor consists of an entrance hall, a large living room with sea and swimming pool views, a large dining room, a huge fully equipped American style kitchen, a utility room, pantry, and a full independent bathroom. These rooms link to huge terraces with panoramic views of the sea and the pool. On the first floor, we have a master suite with dressing room and living room, three full suites, all with large balconies with views and access to a huge terrace. In the basement, we have a very large area that allows for at least 10 cars in 2 independent garages. The villa has a lift from the basement to the terrace and is ready for wheelchair use on all floors. The entire property has a surveillance system, air conditioning, central vacuum system, underfloor heating, home automation system which can be remote-controlled by mobile phone or computer. With a good-sized system of solar panels for water heating, as well as the swimming pool and underfloor heating, it also has photovoltaic panels with a maximum capacity of 3.25kwh, for own use and sale of surplus to the grid. Home automation allows control over the office, electric blinds, gas pipeline, automatic irrigation, video-porter, alarm, music atmosphere, central vacuum system and lift. Kids play area,Laundry room. Storage room, Spacious Smart home
Luxurious new villa, inserted into a beautiful green plot of more than 10,000 m2 with lush gardens, fruit trees and panoramic sea views. The ground floor consists of an entrance hall, a large living room with sea and swimming pool views, a large dining room, a huge fully equipped American style kitchen, a utility room, pantry, and a full independent bathroom. These rooms link to huge terraces with panoramic views of the sea and the pool. On the first floor, we have a master suite with dressing room and living room, three full suites, all with large balconies with views and access to a huge terrace. In the basement, we have a very large area that allows for at least 10 cars in 2 independent garages. The villa has a lift from the basement to the terrace and is ready for wheelchair use on all floors. The entire property has a surveillance system, air conditioning, central vacuum system, underfloor heating, home automation system which can be remote-controlled by mobile phone or computer. With a good-sized system of solar panels for water heating, as well as the swimming pool and underfloor heating, it also has photovoltaic panels with a maximum capacity of 3.25kwh, for own use and sale of surplus to the grid. Home automation allows control over the office, electric blinds, gas pipeline, automatic irrigation, video-porter, alarm, music atmosphere, central vacuum system and lift. Kids play area,Laundry room. Storage room, Spacious Smart home
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Currency Exchange
Portimão, 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 €4,500,000 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 |
|---|---|---|---|
| €4,500,000 | £3,727,395 | £3,867,525 | £140,130 |
| Property Price € | €4,500,000 |
| Minimum cost in the last six months | £3,727,395 |
| Maximum cost in the last six months | £3,867,525 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £140,130 |
Portimão, 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 €4,500,000 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 |
|---|---|---|---|
| €4,500,000 | £3,727,395 | £3,867,525 | £140,130 |
| Property Price € | €4,500,000 |
| Minimum cost in the last six months | £3,727,395 |
| Maximum cost in the last six months | £3,867,525 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £140,130 |
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 £140,130 more.
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