1+2 bedroom apartment at Pestana Valley Nature Resort Ferragudo, Algarve

Lagoa, Faro, Portugal, 8200-561

For Sale

€505,000

REF: 671913 €505,000


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Description

1+2 bedroom apartment on the ground floor with access to terrace and garden, inserted in the Pestana Valley Nature Village tourist development located between the villages of Carvoeiro and Ferragudo. This fantastic apartment of contemporary architecture is under construction. The elegantly equipped open-plan kitchen and living room has access to the terrace and garden views. In the master bedroom we have an en suite bathroom and wardrobe, 2 rooms that can be converted into an office, TV room or bedroom supported by a full bathroom. The outdoor leisure area is accessible through any of the rooms of this comfortable apartment through large windows that let all the natural light through. The apartments have a communal swimming pool. The property can be used as a holiday home all year round or as an investment. The Pestana Valley Nature Resort is a low-density tourist development, located between the villages of Carvoeiro and Ferragudo, developing in 33 hectares of traditional Algarve landscape. We are talking about 45 semi-detached villas with private pool and 32 apartments of contemporary architecture of type T1+2 that contemplate the surrounding landscape and the unobstructed view of the Monchique mountains. When purchasing a property in this resort, the Pestana Resort and Pestana Guest Card are awarded with infinite advantages in Hotels, Restaurants and Golf belonging to the Pestana Group and participating Partners. Don't miss this opportunity and contact us! Our company assists in all sectors, such as how to obtain the best exchange rates, account opening and bank loan documentation, carrying out improvement works, etc.
1+2 bedroom apartment on the ground floor with access to terrace and garden, inserted in the Pestana Valley Nature Village tourist development located between the villages of Carvoeiro and Ferragudo. This fantastic apartment of contemporary architecture is under construction. The elegantly equipped open-plan kitchen and living room has access to the terrace and garden views. In the master bedroom we have an en suite bathroom and wardrobe, 2 rooms that can be converted into an office, TV room or bedroom supported by a full bathroom. The outdoor leisure area is accessible through any of the rooms of this comfortable apartment through large windows that let all the natural light through. The apartments have a communal swimming pool. The property can be used as a holiday home all year round or as an investment. The Pestana Valley Nature Resort is a low-density tourist development, located between the villages of Carvoeiro and Ferragudo, developing in 33 hectares of traditional Algarve landscape. We are talking about 45 semi-detached villas with private pool and 32 apartments of contemporary architecture of type T1+2 that contemplate the surrounding landscape and the unobstructed view of the Monchique mountains. When purchasing a property in this resort, the Pestana Resort and Pestana Guest Card are awarded with infinite advantages in Hotels, Restaurants and Golf belonging to the Pestana Group and participating Partners. Don't miss this opportunity and contact us! Our company assists in all sectors, such as how to obtain the best exchange rates, account opening and bank loan documentation, carrying out improvement works, etc.
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Property on Map

#AP649

Currency Exchange

Lagoa, Faro, Portugal, 8200-561

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 €505,000 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
€505,000 £418,297 £434,229 £15,933
Property Price € €505,000
Minimum cost in the last six months £418,297
Maximum cost in the last six months £434,229
Fluctuating exchange rates over the last six months could have increased the cost of this property by £15,933

Lagoa, Faro, Portugal, 8200-561

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 €505,000 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
€505,000 £418,297 £434,229 £15,933
Property Price € €505,000
Minimum cost in the last six months £418,297
Maximum cost in the last six months £434,229
Fluctuating exchange rates over the last six months could have increased the cost of this property by £15,933

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 £15,933 more.

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