Vilamoura, consisting of 45 luxury apartments, aims to surpass the finest achievements in the Algarve and be among the top projects of its kind in Portugal

Loulé, Faro, Portugal

For Sale

€1,700,000

REF: 716962 €1,700,000


3

3


147 m2

Description

Vilamoura, consisting of 45 luxury apartments, aims to surpass the finest achievements in the Algarve and be among the top projects of its kind in Portugal. The project features a highly contemporary architecture, with generous glass surfaces, minimalist floor-to-ceiling windows, and large terraces with dining and lounge areas.

The development is composed of three blocks separated by lush gardens filled with vegetation, facing south and west, offering views of the lake, golf courses, and the sea. The 147 sqm T3 apartments located on the 1st floor have an equally spacious 69 sqm terrace, designed with a living space including a set of sofas and a coffee table, as well as an outdoor dining set, benefiting from views of the development itself, the golf courses, and the sea in the background.

All apartments are equipped with high-quality reference furniture, carefully chosen to match the concept of a tourist development. The furniture features neutral and modern tones, attractive design, and superior quality. The development also includes a reception to provide support services to the apartments.

Each owner has the option not to exploit the apartment for tourist purposes. The outdoor landscaping will be designed by Jardim Vista, an essential partner in numerous excellent projects in Quinta do Lago, where they have created true works of art. They will design the common green spaces using carefully selected exuberant varieties, with the aim of fully enjoying them.

The complex also offers a padel court, a small pitch & putt golf training area with bunkers on the sides, a petanque court, an indoor and outdoor gym, as well as a sauna and a Turkish bath. FINISHES: Apartment floor covering - Porcelanosa Bottega White L 120x120(a); Bathroom wall tiles - Porcelanosa; Sanitary ware - Porcelanosa; Freestanding bathtubs - Porcelanosa; Faucets - Porcelanosa Colección Square Preto de Encastre in black; Bathroom countertops with integrated sinks in Corian; Cabinets with linen-lined interiors and matte white lacquered MDF doors; Interior doors - Pivot doors with concealed locks, 2.60m in height, in matte white lacquered MDF; Mob kitchens in white MDF with Hettich Sensys hinges.

Sensys hinges represent the latest generation in hinge technology; MOB uses the Hettich "AvanTech YOU" interior drawer system; Siemens appliances in apartments on the ground and first floors; Miele appliances in apartments on the second floor (Penthouses); Minimalist windows; False ceilings; LED lighting, designed and executed by OMH Light; Glass railings on balconies; "Infinity Pool" type swimming pools; Home automation; Electric underfloor heating; Integrated Daikin air conditioning; Solar panels for water heating; Apartments fully decorated and furnished with high-quality interiors and exteriors; Modern and stylish shading louvers for the buildings; Video intercom; Electric blackout blinds; USB chargers; Telecommunication cabling for cable TV. TV in all bedrooms and living rooms; Telephone in all bedrooms. Wireless internet. Delivery expected in the summer of 2024. Contact us for more information. #ref: 100688
Vilamoura, consisting of 45 luxury apartments, aims to surpass the finest achievements in the Algarve and be among the top projects of its kind in Portugal. The project features a highly contemporary architecture, with generous glass surfaces, minimalist floor-to-ceiling windows, and large terraces with dining and lounge areas.

The development is composed of three blocks separated by lush gardens filled with vegetation, facing south and west, offering views of the lake, golf courses, and the sea. The 147 sqm T3 apartments located on the 1st floor have an equally spacious 69 sqm terrace, designed with a living space including a set of sofas and a coffee table, as well as an outdoor dining set, benefiting from views of the development itself, the golf courses, and the sea in the background.

All apartments are equipped with high-quality reference furniture, carefully chosen to match the concept of a tourist development. The furniture features neutral and modern tones, attractive design, and superior quality. The development also includes a reception to provide support services to the apartments.

Each owner has the option not to exploit the apartment for tourist purposes. The outdoor landscaping will be designed by Jardim Vista, an essential partner in numerous excellent projects in Quinta do Lago, where they have created true works of art. They will design the common green spaces using carefully selected exuberant varieties, with the aim of fully enjoying them.

The complex also offers a padel court, a small pitch & putt golf training area with bunkers on the sides, a petanque court, an indoor and outdoor gym, as well as a sauna and a Turkish bath. FINISHES: Apartment floor covering - Porcelanosa Bottega White L 120x120(a); Bathroom wall tiles - Porcelanosa; Sanitary ware - Porcelanosa; Freestanding bathtubs - Porcelanosa; Faucets - Porcelanosa Colección Square Preto de Encastre in black; Bathroom countertops with integrated sinks in Corian; Cabinets with linen-lined interiors and matte white lacquered MDF doors; Interior doors - Pivot doors with concealed locks, 2.60m in height, in matte white lacquered MDF; Mob kitchens in white MDF with Hettich Sensys hinges.

Sensys hinges represent the latest generation in hinge technology; MOB uses the Hettich "AvanTech YOU" interior drawer system; Siemens appliances in apartments on the ground and first floors; Miele appliances in apartments on the second floor (Penthouses); Minimalist windows; False ceilings; LED lighting, designed and executed by OMH Light; Glass railings on balconies; "Infinity Pool" type swimming pools; Home automation; Electric underfloor heating; Integrated Daikin air conditioning; Solar panels for water heating; Apartments fully decorated and furnished with high-quality interiors and exteriors; Modern and stylish shading louvers for the buildings; Video intercom; Electric blackout blinds; USB chargers; Telecommunication cabling for cable TV. TV in all bedrooms and living rooms; Telephone in all bedrooms. Wireless internet. Delivery expected in the summer of 2024. Contact us for more information. #ref: 100688
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Property on Map

#100688

Currency Exchange

Loulé, Faro, 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 €1,700,000 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
€1,700,000 £1,400,630 £1,461,065 £60,435
Property Price € €1,700,000
Minimum cost in the last six months £1,400,630
Maximum cost in the last six months £1,461,065
Fluctuating exchange rates over the last six months could have increased the cost of this property by £60,435

Loulé, Faro, 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 €1,700,000 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
€1,700,000 £1,400,630 £1,461,065 £60,435
Property Price € €1,700,000
Minimum cost in the last six months £1,400,630
Maximum cost in the last six months £1,461,065
Fluctuating exchange rates over the last six months could have increased the cost of this property by £60,435

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 £60,435 more.

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