Contemporary luxury villa, 5 bedrooms, 1st line golf resort for sale Penina, Algarve

Portimão, Portugal

For Sale

€2,970,000

REF: 631323 €2,970,000


5

6


2024

Description

Contemporary luxury villa under construction, the location of this property is exceptional since it is located on the 1st line of the golf course. One of the main characteristic of this house except its contemporary architecture is that she has no vis vis from the outside (neighbours / ). The privacy in this luxury house is total !.

The volumes throughout the house are spacious, everything is designed for a logical easy flow and for an optimum comfort and pleasure. High heights under ceilings, a large invitation entrance hall, a generous living and dining space, comfortable bedrooms (can be 6 bedrooms) have also a fitness center and exteriorly life is such as interiorly.

Big sunny terraces, peaceful environment in the garden. Its garden will be mainly a dry zen garden, in order to save water. The swimming pool is equipped with filtration system, heat pump and an automatic water regulation system. Its basin is 12 meters long by 5 meters wide. The pool house located at the south of the swimming pool will provide better comfort and well-being to the wood deck in case of hot temperatures.

A bathroom with toilet will be located there too. 4 vehicles and a two wheels vehicles could easily being parked inside the property (in the garage and/or outside). The configuration of the street just outside the property make possible to receive many other cars/guests (probably 6 to 7 more cars) in complete safety.
Contemporary luxury villa under construction, the location of this property is exceptional since it is located on the 1st line of the golf course. One of the main characteristic of this house except its contemporary architecture is that she has no vis vis from the outside (neighbours / ). The privacy in this luxury house is total !.

The volumes throughout the house are spacious, everything is designed for a logical easy flow and for an optimum comfort and pleasure. High heights under ceilings, a large invitation entrance hall, a generous living and dining space, comfortable bedrooms (can be 6 bedrooms) have also a fitness center and exteriorly life is such as interiorly.

Big sunny terraces, peaceful environment in the garden. Its garden will be mainly a dry zen garden, in order to save water. The swimming pool is equipped with filtration system, heat pump and an automatic water regulation system. Its basin is 12 meters long by 5 meters wide. The pool house located at the south of the swimming pool will provide better comfort and well-being to the wood deck in case of hot temperatures.

A bathroom with toilet will be located there too. 4 vehicles and a two wheels vehicles could easily being parked inside the property (in the garage and/or outside). The configuration of the street just outside the property make possible to receive many other cars/guests (probably 6 to 7 more cars) in complete safety.
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Property on Map

#EAV-3485

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 €2,970,000 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
€2,970,000 £2,492,780 £2,561,803 £69,023
Property Price € €2,970,000
Minimum cost in the last six months £2,492,780
Maximum cost in the last six months £2,561,803
Fluctuating exchange rates over the last six months could have increased the cost of this property by £69,023

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 €2,970,000 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
€2,970,000 £2,492,780 £2,561,803 £69,023
Property Price € €2,970,000
Minimum cost in the last six months £2,492,780
Maximum cost in the last six months £2,561,803
Fluctuating exchange rates over the last six months could have increased the cost of this property by £69,023

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 £69,023 more.

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