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Brand new contemporary apartments in exclusive resort
Lagoa, Faro, Portugal, 8400-008 Estombar
REF: 635339
€510,000
Description
Under construction. Modern T1+2 apartments. Perfectly located for beaches and main transport connections, benefiting from access to nearby golf resort facilities. Under construction. Pestana Valley is a new collection of very well designed villas and apartments, ideally located in a semi-rural location between Carvoeiro and Ferragudo in the central Algarve. Close to the A22 motorway, N125 regional highway and wonderful, sandy beaches, these properties are perfect for buyers looking for a peaceful, relaxing lifestyle.
Each property is sold with the significant benefit of enjoying complimentary access to Pestana Golf Resorts in the local area. This opens the door to award winning golf courses, renowned restaurants and world-class spa treatments in some of Portugal€™s most respected resorts.
Each apartment is designed to maximise views and natural light . An open plan layout allows all the family to enjoy time together, whilst the flexible floor-plan provides for three (1+2) bedrooms, or a combination of TV / games room, office and principal suite. It€™s up to you to decide how you want to enjoy the space.
There are two bathrooms, a modern and fully equipped kitchen and a large dining terrace with plenty of space for entertaining or relaxing, with wonderful views across the landscape to the mountains of Monchique in the distance. Under construction. Carvoeiro is a really charming fishing village in the centre of the Algarve coast that has grown into one of the most beautiful tourist towns with wonderful golden sandy coves, excellent restaurants and facilities plus one of the best tennis clubs and amazing golf courses. There is a relaxed and very natural feeling which allows everyone to totally wind down and enjoy the best of the Algarve. Faro International airport is 60 minutes drive.
Under construction. Modern T1+2 apartments. Perfectly located for beaches and main transport connections, benefiting from access to nearby golf resort facilities. Under construction. Pestana Valley is a new collection of very well designed villas and apartments, ideally located in a semi-rural location between Carvoeiro and Ferragudo in the central Algarve. Close to the A22 motorway, N125 regional highway and wonderful, sandy beaches, these properties are perfect for buyers looking for a peaceful, relaxing lifestyle.
Each property is sold with the significant benefit of enjoying complimentary access to Pestana Golf Resorts in the local area. This opens the door to award winning golf courses, renowned restaurants and world-class spa treatments in some of Portugal€™s most respected resorts.
Each apartment is designed to maximise views and natural light . An open plan layout allows all the family to enjoy time together, whilst the flexible floor-plan provides for three (1+2) bedrooms, or a combination of TV / games room, office and principal suite. It€™s up to you to decide how you want to enjoy the space.
There are two bathrooms, a modern and fully equipped kitchen and a large dining terrace with plenty of space for entertaining or relaxing, with wonderful views across the landscape to the mountains of Monchique in the distance. Under construction. Carvoeiro is a really charming fishing village in the centre of the Algarve coast that has grown into one of the most beautiful tourist towns with wonderful golden sandy coves, excellent restaurants and facilities plus one of the best tennis clubs and amazing golf courses. There is a relaxed and very natural feeling which allows everyone to totally wind down and enjoy the best of the Algarve. Faro International airport is 60 minutes drive.
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Currency Exchange
Lagoa, Faro, Portugal, 8400-008 Estombar
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 €510,000 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 |
|---|---|---|---|
| €510,000 | £422,438 | £438,320 | £15,881 |
| Property Price € | €510,000 |
| Minimum cost in the last six months | £422,438 |
| Maximum cost in the last six months | £438,320 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,881 |
Lagoa, Faro, Portugal, 8400-008 Estombar
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 €510,000 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 |
|---|---|---|---|
| €510,000 | £422,438 | £438,320 | £15,881 |
| Property Price € | €510,000 |
| Minimum cost in the last six months | £422,438 |
| Maximum cost in the last six months | £438,320 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,881 |
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 £15,881 more.
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