A Modernist villa under construction in an excellent location

Albufeira, Faro, Portugal, 8200-403 ALBUFEIRA

For Sale

€3,300,000

REF: 675959 €3,300,000


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Description

Currently under construction, this modernist influenced villa is designed and constructed to the highest possible standards of efficiency and care to create an exceptional three-bedroom luxury residence in a prime location. Generously proportioned on a good-sized plot with gardens, pool, parking bays and private garaging in the basement.

Situated in a prime west Albufeira location within walking distance of the Marina and Arrifes beach is this modernist inspired villa being constructed on a slightly elevated plot. Inspired by coastal homes in Europe and beyond, this villa is designed to form a landmark property with excellent thermal efficiency, whilst offering exemplary levels of comfort and style. Externally, the villa will be situated on a generous plot with possibilities to create a low maintenance garden to further enhance the modernist profiles of the property.

A swimming pool with complementary tiled deck will form part of the outside façade without jarring with the unique architectural style. Inside, the property will be built over three storeys, with a large basement garage, plant room, WC and storage space that could be used for storage, as a gym, playroom or converted to a home cinema / music room. Rising to the ground floor, this large and impressive space shares the light and space of the garden via panoramic full length, thermally efficient glazing.

Doors will open onto the shaded terraces where views across the grounds and surrounding area can be enjoyed. Adjacent to the living / dining room is the bespoke and fully equipped kitchen with integrated lighting and butler€™s pantry adjacent. This attention to real-life detail ensures your living spaces can be kept clean and clutter free, especially when entertaining! Elsewhere, there€™s a study (that could be used as an occasional bedroom), a family bathroom, powder room and beautiful hallway with feature staircase rising to the first floor. On this level are three-bedroom suites, one with walk-in wardrobes and each enjoying access to a private balcony with views across the gardens to the surrounding area beyond. The architect has created a stylish, quality and incredibly liveable home that will suit permanent residency or high-end holiday rentals, subject to local licensing.
Currently under construction, this modernist influenced villa is designed and constructed to the highest possible standards of efficiency and care to create an exceptional three-bedroom luxury residence in a prime location. Generously proportioned on a good-sized plot with gardens, pool, parking bays and private garaging in the basement.

Situated in a prime west Albufeira location within walking distance of the Marina and Arrifes beach is this modernist inspired villa being constructed on a slightly elevated plot. Inspired by coastal homes in Europe and beyond, this villa is designed to form a landmark property with excellent thermal efficiency, whilst offering exemplary levels of comfort and style. Externally, the villa will be situated on a generous plot with possibilities to create a low maintenance garden to further enhance the modernist profiles of the property.

A swimming pool with complementary tiled deck will form part of the outside façade without jarring with the unique architectural style. Inside, the property will be built over three storeys, with a large basement garage, plant room, WC and storage space that could be used for storage, as a gym, playroom or converted to a home cinema / music room. Rising to the ground floor, this large and impressive space shares the light and space of the garden via panoramic full length, thermally efficient glazing.

Doors will open onto the shaded terraces where views across the grounds and surrounding area can be enjoyed. Adjacent to the living / dining room is the bespoke and fully equipped kitchen with integrated lighting and butler€™s pantry adjacent. This attention to real-life detail ensures your living spaces can be kept clean and clutter free, especially when entertaining! Elsewhere, there€™s a study (that could be used as an occasional bedroom), a family bathroom, powder room and beautiful hallway with feature staircase rising to the first floor. On this level are three-bedroom suites, one with walk-in wardrobes and each enjoying access to a private balcony with views across the gardens to the surrounding area beyond. The architect has created a stylish, quality and incredibly liveable home that will suit permanent residency or high-end holiday rentals, subject to local licensing.
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Property on Map

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Currency Exchange

Albufeira, Faro, Portugal, 8200-403 ALBUFEIRA

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 €3,300,000 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
€3,300,000 £2,718,870 £2,836,185 £117,315
Property Price € €3,300,000
Minimum cost in the last six months £2,718,870
Maximum cost in the last six months £2,836,185
Fluctuating exchange rates over the last six months could have increased the cost of this property by £117,315

Albufeira, Faro, Portugal, 8200-403 ALBUFEIRA

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 €3,300,000 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
€3,300,000 £2,718,870 £2,836,185 £117,315
Property Price € €3,300,000
Minimum cost in the last six months £2,718,870
Maximum cost in the last six months £2,836,185
Fluctuating exchange rates over the last six months could have increased the cost of this property by £117,315

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 £117,315 more.

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