Algarve river front villa for sale with boat access to the Arade river & atlantic ocean in Silves

Lagoa, Portugal

For Sale

€4,500,000

REF: 630452 €4,500,000


3

4


1989

Description

Set on the banks of the River Arade, by which you can sail to the Medieval town of Silves or the Marina of Portimao. This property can be accessed by boat, helicopter or car. A grand entrance invites you to this 4.4 hectare estate. Sitting within the grounds, alongside, is a small ruin that may add additional habitation/business possibilities.

Peace and tranquillity are created by the location and the intrinsic water attributes of this property. All the water supply is sourced from the property's own abundant spring. An intricate lock and dike system feeds the expansive, lush gardens and the many water features, an infinity pool (with his and hers, bathroom) beach, lake, ponds and a waterfall.

Entwined with creative relaxation areas, terraces and bridges. Observation towers from which to enjoy the views of the river and the variety of birdlife, including nesting storks and feeding Flamingo. Surrounded by exotic gardens of fruit and palms trees which are lit at night. Also, in the grounds, a large glass Summerhouse with climate control.

This property has been previously used as an elaborate and picturesque setting for celebrations and events. The house itself is well constructed and features mainly varieties of natural stone, marble and granite. Stain glass windows that reflect images of the wild life and fauna, such a part of this property.

The original house of 1989 was rebuilt in 2011 and to be expected with attention to detail and a high quality of fixtures and fittings. The open spacious open plan kitchen/diner/living area, leads directly onto the terrace overlooking the infinity fresh pool. On the same level exists a room, currently used as a bedroom, however, prepared with multi media wiring appropriate to convert to a cinema room or games room with a bathroom.

Also a Gym with a sauna, shower room and toilet. From the entrance hall there is a "safe" room which also houses the video surveillance and alarm system controls. A mahogany staircase leads to the floor above, where a large shared terrace overlooks the views of the gardens and the he river. There is an external staircase that will allow you to reach the first floor independently.

On this first floor are two further bedrooms, ensuite. One of which, the Master bedroom has a fireplace, walk in wardrobe, a steam bath for two persons and bath. To fully appreciate the lifestyle or business opportunities of this unique property you would have to visit and savour the setting.
Set on the banks of the River Arade, by which you can sail to the Medieval town of Silves or the Marina of Portimao. This property can be accessed by boat, helicopter or car. A grand entrance invites you to this 4.4 hectare estate. Sitting within the grounds, alongside, is a small ruin that may add additional habitation/business possibilities.

Peace and tranquillity are created by the location and the intrinsic water attributes of this property. All the water supply is sourced from the property's own abundant spring. An intricate lock and dike system feeds the expansive, lush gardens and the many water features, an infinity pool (with his and hers, bathroom) beach, lake, ponds and a waterfall.

Entwined with creative relaxation areas, terraces and bridges. Observation towers from which to enjoy the views of the river and the variety of birdlife, including nesting storks and feeding Flamingo. Surrounded by exotic gardens of fruit and palms trees which are lit at night. Also, in the grounds, a large glass Summerhouse with climate control.

This property has been previously used as an elaborate and picturesque setting for celebrations and events. The house itself is well constructed and features mainly varieties of natural stone, marble and granite. Stain glass windows that reflect images of the wild life and fauna, such a part of this property.

The original house of 1989 was rebuilt in 2011 and to be expected with attention to detail and a high quality of fixtures and fittings. The open spacious open plan kitchen/diner/living area, leads directly onto the terrace overlooking the infinity fresh pool. On the same level exists a room, currently used as a bedroom, however, prepared with multi media wiring appropriate to convert to a cinema room or games room with a bathroom.

Also a Gym with a sauna, shower room and toilet. From the entrance hall there is a "safe" room which also houses the video surveillance and alarm system controls. A mahogany staircase leads to the floor above, where a large shared terrace overlooks the views of the gardens and the he river. There is an external staircase that will allow you to reach the first floor independently.

On this first floor are two further bedrooms, ensuite. One of which, the Master bedroom has a fireplace, walk in wardrobe, a steam bath for two persons and bath. To fully appreciate the lifestyle or business opportunities of this unique property you would have to visit and savour the setting.
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#EAV-3516

Currency Exchange

Lagoa, 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

Lagoa, 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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