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Buy Brand new 5 bedroom villa on Gale beach near Albufeira with sea views
Albufeira, Portugal
REF: 653487
€5,500,000
Description
Fabulous 5 bedroom modern villa with fantastic sea views, and built to a very high standard, using quality materials. The villa is situated at a short 300 meter walking distance to the beach and near all amenities. The property is equipped with unique finishes and features, it comprises 5 ensuite bedrooms. On the ground floor you will find 2 of the ensuite bedrooms, a guest WC, large open plan kitchen leading you into the massive double height ceiling living/dining room. There is an space for an outside kitchen/BBQ area adjacent to the kitchen and there is a large pool with sunken in seating area and fire pit. The waterfall comes down from the first floor and goes into the basement area. The pool has a glass window giving extra light into the basement area. On the first floor there are 3 further ensuite bedrooms with access to the outside terrace. The is a large master bedroom with ample closets and large bathroom. The master has direct acess to a large terrace and outside jacuzzi with views to the coast. The rooftop offers a stunning panoramic coastal and ocean views, there is a large seating area and firepit. There is access via a staircase and elevator. The property has 2 elevators, in inside the property servicing all 4 levels (basement,ground,first floor and roof terrace). And then there is a service' elevator going to the basement and first floor. The basement can be used to the new owners liking, there is ample car space, a separate space for a cinema/games room and large space for a private gym/spa area. This multi functional space can still be adjusted within limits, to the new owners design. The villa enjoys all latest technology from home control system, AC, waterbased underfloor heating, CCTV, extra thermal insulation, solar panels, electric pool cover and much more
Fabulous 5 bedroom modern villa with fantastic sea views, and built to a very high standard, using quality materials. The villa is situated at a short 300 meter walking distance to the beach and near all amenities. The property is equipped with unique finishes and features, it comprises 5 ensuite bedrooms. On the ground floor you will find 2 of the ensuite bedrooms, a guest WC, large open plan kitchen leading you into the massive double height ceiling living/dining room. There is an space for an outside kitchen/BBQ area adjacent to the kitchen and there is a large pool with sunken in seating area and fire pit. The waterfall comes down from the first floor and goes into the basement area. The pool has a glass window giving extra light into the basement area. On the first floor there are 3 further ensuite bedrooms with access to the outside terrace. The is a large master bedroom with ample closets and large bathroom. The master has direct acess to a large terrace and outside jacuzzi with views to the coast. The rooftop offers a stunning panoramic coastal and ocean views, there is a large seating area and firepit. There is access via a staircase and elevator. The property has 2 elevators, in inside the property servicing all 4 levels (basement,ground,first floor and roof terrace). And then there is a service' elevator going to the basement and first floor. The basement can be used to the new owners liking, there is ample car space, a separate space for a cinema/games room and large space for a private gym/spa area. This multi functional space can still be adjusted within limits, to the new owners design. The villa enjoys all latest technology from home control system, AC, waterbased underfloor heating, CCTV, extra thermal insulation, solar panels, electric pool cover and much more
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Property on Map
Currency Exchange
Albufeira, 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 €5,500,000 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 |
|---|---|---|---|
| €5,500,000 | £4,555,705 | £4,726,975 | £171,270 |
| Property Price € | €5,500,000 |
| Minimum cost in the last six months | £4,555,705 |
| Maximum cost in the last six months | £4,726,975 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £171,270 |
Albufeira, 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 €5,500,000 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 |
|---|---|---|---|
| €5,500,000 | £4,555,705 | £4,726,975 | £171,270 |
| Property Price € | €5,500,000 |
| Minimum cost in the last six months | £4,555,705 |
| Maximum cost in the last six months | £4,726,975 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £171,270 |
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 £171,270 more.
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