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Modern and luxury brand new Villa for sale Ferragudo, Algarve
Lagoa, Portugal
REF: 653479
€2,500,000
Description
Contemporary brand new villa located in a prestigious development on the quiet south side of Ferragudo. This superb villa is built within a double-gated secure community inside a private condominium and is supported the resort facilities. The property is built on two levels. From the large pivoting entrance door, the double height ceiling displays a modern staircase leading to the upper level. On the ground level, the open plan living and dining room are all connected with the designer kitchen. There is also a laundry area, one en-suite bedroom and a guest w/c. The ground-floor looks over a large sun terrace with a 9x4 metre heated and covered overflow infinity swimming pool set within a private beautifully landscaped garden. You are connected to the first floor via a floating staircase made up of polished oak treads incorporated with LED strip lights. This floor consists of three en-suite bedrooms and a large overhang terrace overlooking the private manicured grounds and swimming pool. The property also includes two covered parking bays of 55m2 and a technical area. The property is also fully furnished. - Daikin built-in ducted Air. Con system - Water under-floor heating throughout with heat pump & solar - Water heated towel rails - Water softener - Contemporary fireplace - Fibre-optic internet fast, secure, dedicated & guaranteed - Black-out shutter blinds in all bedrooms - Bespoke bathrooms including Gessi taps; Inbani washbasins and Duravit sanitary ware - Designer Italian Snaidero kitchen with Miele, Leiken & Bora appliances - Built-in wardrobes - Hi-end Italian light switches - Private driveway
Contemporary brand new villa located in a prestigious development on the quiet south side of Ferragudo. This superb villa is built within a double-gated secure community inside a private condominium and is supported the resort facilities. The property is built on two levels. From the large pivoting entrance door, the double height ceiling displays a modern staircase leading to the upper level. On the ground level, the open plan living and dining room are all connected with the designer kitchen. There is also a laundry area, one en-suite bedroom and a guest w/c. The ground-floor looks over a large sun terrace with a 9x4 metre heated and covered overflow infinity swimming pool set within a private beautifully landscaped garden. You are connected to the first floor via a floating staircase made up of polished oak treads incorporated with LED strip lights. This floor consists of three en-suite bedrooms and a large overhang terrace overlooking the private manicured grounds and swimming pool. The property also includes two covered parking bays of 55m2 and a technical area. The property is also fully furnished. - Daikin built-in ducted Air. Con system - Water under-floor heating throughout with heat pump & solar - Water heated towel rails - Water softener - Contemporary fireplace - Fibre-optic internet fast, secure, dedicated & guaranteed - Black-out shutter blinds in all bedrooms - Bespoke bathrooms including Gessi taps; Inbani washbasins and Duravit sanitary ware - Designer Italian Snaidero kitchen with Miele, Leiken & Bora appliances - Built-in wardrobes - Hi-end Italian light switches - Private driveway
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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 €2,500,000 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 |
|---|---|---|---|
| €2,500,000 | £2,070,775 | £2,148,625 | £77,850 |
| Property Price € | €2,500,000 |
| Minimum cost in the last six months | £2,070,775 |
| Maximum cost in the last six months | £2,148,625 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £77,850 |
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 €2,500,000 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 |
|---|---|---|---|
| €2,500,000 | £2,070,775 | £2,148,625 | £77,850 |
| Property Price € | €2,500,000 |
| Minimum cost in the last six months | £2,070,775 |
| Maximum cost in the last six months | £2,148,625 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £77,850 |
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 £77,850 more.
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