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Private luxury mansion with private pool and lakes for sale in East Algarve
Olhão, Portugal
REF: 593541
€4,995,000
Description
This luxury mansion is placed on four parcels of land, totalling more than 6 ha, most of which is magnificently landscaped with hundreds of palms and other trees and includes 3 lakes with koi carp, equestrian centre / horse stables, olympic standard horse riding arena, various paddocks and a golf practice area with a USGA putting green. This magnificent estate has great views over the landscaped gardens, to the mountains and sea and is complete with all the amenities you would expect. On entering the home, the entrance hallway with its sweeping staircase opens to the lounge and adjoining dining room. Natural polished stone has been integrated with stunning effects on the floors, walls and fireplace. On this level there is also the kitchen, two double bedrooms (both with full en-suite bathrooms) and guest WC. The first floor is allocated to the master suite comprising a hallway, the vary large master bedroom with large outside terrace which has views over the landscaping and to the sea, television and sound system, fridge, full bathroom with TV, two person jacuzzi bath and separate walk in shower, dressing room / fourth bedroom and also a separate WC. The master suite is equipped with under floor heating. The basement of approx. 260 m2, has a bar, large sitting lounge / party room, cinema room, office area, technical room, laundry, various storage areas, shower and WC as well as provision for a gym. The basement also has underfloor heating. Other specifications include water heating carried out primarily by solar with gas backup, sound system (main rooms of house and gazebo), mosquito nets throughout, A/C, privacy/ security shutters in all rooms, fully fitted Italian kitchen with top end appliances, alarm with infra-red system connected by GSM, security cameras (8) over the property viewed from iphone/ ipad, 12 x 6 m swimming pool with lighting, various outside BBQ and dining areas, heavy duty borehole, large cisterna, fully automated landscaped garden areas with irrigation systems, large driveway with Portuguese cal ada, electric entrance gates from both ends of the property, gazebo with automatic shutters, wooden staff house (with two bed rooms, shower room, living area and kitchenette). Various storage buildings.
This luxury mansion is placed on four parcels of land, totalling more than 6 ha, most of which is magnificently landscaped with hundreds of palms and other trees and includes 3 lakes with koi carp, equestrian centre / horse stables, olympic standard horse riding arena, various paddocks and a golf practice area with a USGA putting green. This magnificent estate has great views over the landscaped gardens, to the mountains and sea and is complete with all the amenities you would expect. On entering the home, the entrance hallway with its sweeping staircase opens to the lounge and adjoining dining room. Natural polished stone has been integrated with stunning effects on the floors, walls and fireplace. On this level there is also the kitchen, two double bedrooms (both with full en-suite bathrooms) and guest WC. The first floor is allocated to the master suite comprising a hallway, the vary large master bedroom with large outside terrace which has views over the landscaping and to the sea, television and sound system, fridge, full bathroom with TV, two person jacuzzi bath and separate walk in shower, dressing room / fourth bedroom and also a separate WC. The master suite is equipped with under floor heating. The basement of approx. 260 m2, has a bar, large sitting lounge / party room, cinema room, office area, technical room, laundry, various storage areas, shower and WC as well as provision for a gym. The basement also has underfloor heating. Other specifications include water heating carried out primarily by solar with gas backup, sound system (main rooms of house and gazebo), mosquito nets throughout, A/C, privacy/ security shutters in all rooms, fully fitted Italian kitchen with top end appliances, alarm with infra-red system connected by GSM, security cameras (8) over the property viewed from iphone/ ipad, 12 x 6 m swimming pool with lighting, various outside BBQ and dining areas, heavy duty borehole, large cisterna, fully automated landscaped garden areas with irrigation systems, large driveway with Portuguese cal ada, electric entrance gates from both ends of the property, gazebo with automatic shutters, wooden staff house (with two bed rooms, shower room, living area and kitchenette). Various storage buildings.
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Currency Exchange
Olhão, 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 €4,995,000 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 |
|---|---|---|---|
| €4,995,000 | £4,137,408 | £4,292,953 | £155,544 |
| Property Price € | €4,995,000 |
| Minimum cost in the last six months | £4,137,408 |
| Maximum cost in the last six months | £4,292,953 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £155,544 |
Olhão, 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 €4,995,000 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 |
|---|---|---|---|
| €4,995,000 | £4,137,408 | £4,292,953 | £155,544 |
| Property Price € | €4,995,000 |
| Minimum cost in the last six months | £4,137,408 |
| Maximum cost in the last six months | £4,292,953 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £155,544 |
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 £155,544 more.
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