SANTA BARBARA NEW BUILT VILLA WITH SEA VIEWS

Santa Barbara de Nexe, Portugal

For Sale

€1,750,000

REF: 652111 €1,750,000


308 m2

11196 m2

Description

This charming villa is a tasteful blend of Moroccan and modern elements, such as mashrabiya ornamentation and floor-to-ceiling windows that provide a welcoming atmosphere. A lovely modern south-facing property with a great distant sea view situated on a large plot offering utmost privacy. The upper floor of this modern yet characterful villa comprises a vast open area with a very spacious lounge area with a feature glass fireplace, a dining room with splendid ocean views, and a large contemporary kitchen with Smeg appliances and an integrated professional Guttman extractor.

You can reach the cosy south terrace as well as the north terraces from this vast open space, a perfect spot to spend warm Algarvean nights. This floor also offers a large master suite, a second bedroom en suite, the guest toilet, and a beautifully designed study with a library on a mezzanine with an interior patio with a water feature.

Unlock the full potential of your outdoor living space with the upcoming covered al-fresco dining area, BBQ, and Koi carp pond with water features on this level. You access the basement which is the ground-floor level by an elevator. Here you can find a room for the wine cellar and a room specifically prepared for the hammam, both of which need to be finished.

There is also a laundry/utility room and a garage for 2 automobiles as well as a technical area. A fourth-bedroom suite or granny flat is ready to be finished here as well with a preparation of underfloor heating, electricity and water tubes. So the property is now a three-bedroom villa, but it can potentially be a four-bedroom villa.

As the basement isn't considered a living area, you have complete freedom to make any changes to the interiors. This gives you a blank canvas to design and implement any areas you desire for your future home in the sun. It's important to keep in mind that, according to the law, the basement is designated as a storage area.

There is state-of-the-art underfloor heating and cooling throughout, as well as reversible air conditioning. A large water reserve (800L) fed by the borehole (420m2 deep) feeds the heat pump for managing the solar panels for hot water. For self-sufficiency, there is a photovoltaic panel system with 5 batteries.

The cistern contains 45.000 m3 of water. Also, an above-ground swimming pool must be still built, and the garden of 1.66 hectares needs partial landscaping following the buyer's requirements. There are professional plans for all missing elements as well as a cost estimate to finish them. This true home is for those who wish to live in a peaceful atmosphere, not far from the hamlet of Santa Barbara de Nexe and only a 15-minute drive from the coast, yet secluded on top of a hill with amazing sea views.
This charming villa is a tasteful blend of Moroccan and modern elements, such as mashrabiya ornamentation and floor-to-ceiling windows that provide a welcoming atmosphere. A lovely modern south-facing property with a great distant sea view situated on a large plot offering utmost privacy. The upper floor of this modern yet characterful villa comprises a vast open area with a very spacious lounge area with a feature glass fireplace, a dining room with splendid ocean views, and a large contemporary kitchen with Smeg appliances and an integrated professional Guttman extractor.

You can reach the cosy south terrace as well as the north terraces from this vast open space, a perfect spot to spend warm Algarvean nights. This floor also offers a large master suite, a second bedroom en suite, the guest toilet, and a beautifully designed study with a library on a mezzanine with an interior patio with a water feature.

Unlock the full potential of your outdoor living space with the upcoming covered al-fresco dining area, BBQ, and Koi carp pond with water features on this level. You access the basement which is the ground-floor level by an elevator. Here you can find a room for the wine cellar and a room specifically prepared for the hammam, both of which need to be finished.

There is also a laundry/utility room and a garage for 2 automobiles as well as a technical area. A fourth-bedroom suite or granny flat is ready to be finished here as well with a preparation of underfloor heating, electricity and water tubes. So the property is now a three-bedroom villa, but it can potentially be a four-bedroom villa.

As the basement isn't considered a living area, you have complete freedom to make any changes to the interiors. This gives you a blank canvas to design and implement any areas you desire for your future home in the sun. It's important to keep in mind that, according to the law, the basement is designated as a storage area.

There is state-of-the-art underfloor heating and cooling throughout, as well as reversible air conditioning. A large water reserve (800L) fed by the borehole (420m2 deep) feeds the heat pump for managing the solar panels for hot water. For self-sufficiency, there is a photovoltaic panel system with 5 batteries.

The cistern contains 45.000 m3 of water. Also, an above-ground swimming pool must be still built, and the garden of 1.66 hectares needs partial landscaping following the buyer's requirements. There are professional plans for all missing elements as well as a cost estimate to finish them. This true home is for those who wish to live in a peaceful atmosphere, not far from the hamlet of Santa Barbara de Nexe and only a 15-minute drive from the coast, yet secluded on top of a hill with amazing sea views.
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Property on Map

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Currency Exchange

Santa Barbara de Nexe, 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 €1,750,000 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
€1,750,000 £1,449,543 £1,504,038 £54,495
Property Price € €1,750,000
Minimum cost in the last six months £1,449,543
Maximum cost in the last six months £1,504,038
Fluctuating exchange rates over the last six months could have increased the cost of this property by £54,495

Santa Barbara de Nexe, 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 €1,750,000 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
€1,750,000 £1,449,543 £1,504,038 £54,495
Property Price € €1,750,000
Minimum cost in the last six months £1,449,543
Maximum cost in the last six months £1,504,038
Fluctuating exchange rates over the last six months could have increased the cost of this property by £54,495

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 £54,495 more.

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