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Substantial 5 bedrooms villa with swimming pool for sale near Porches, Algarve
Lagoa, Portugal
REF: 738841
€1,495,000
Description
Electric gates to this small estate, is through a long cobbled stone drive, lined with mature almond trees and shrubs. This villa has two levels, on the ground floor there is 1 bedroom & a bathroom, an open-plan dining and living room with fireplace, modern kitchen with granite worktops and doors lead out to the swimming pool and gardens. Access to the 2nd ensuite bedroom is from the poolside. A wide, italian stone spiral staircase ascends to the 1st floor. On this level, there are 4 bedrooms, one of them is a king suite with a sitting room and fireplace. All 1st floor bedrooms have balconies, and there is access to the roof terrace. 2 full bathrooms and a shower room, complete this level. Within the private and peaceful gardens, is a waterfall feature and a small 70 cm deep pool heated by solar panels plus a main 8x8 m swimming pool, with a new heat pump. There is a barbecue and a bar by the pool to invite alfresco dining. In addition to the garage, there is plenty of secured off road parking. Located in a rural environment, however just a few minutes drive to the coast, international school of Porches and golf courses. A beautiful property suitable for a big family permanent home. Alternatively as a business investment with high yield. For those who want to work from home, there is now fiber fast internet connection. The Villa has new electrics throughout and a smart meter.
Electric gates to this small estate, is through a long cobbled stone drive, lined with mature almond trees and shrubs. This villa has two levels, on the ground floor there is 1 bedroom & a bathroom, an open-plan dining and living room with fireplace, modern kitchen with granite worktops and doors lead out to the swimming pool and gardens. Access to the 2nd ensuite bedroom is from the poolside. A wide, italian stone spiral staircase ascends to the 1st floor. On this level, there are 4 bedrooms, one of them is a king suite with a sitting room and fireplace. All 1st floor bedrooms have balconies, and there is access to the roof terrace. 2 full bathrooms and a shower room, complete this level. Within the private and peaceful gardens, is a waterfall feature and a small 70 cm deep pool heated by solar panels plus a main 8x8 m swimming pool, with a new heat pump. There is a barbecue and a bar by the pool to invite alfresco dining. In addition to the garage, there is plenty of secured off road parking. Located in a rural environment, however just a few minutes drive to the coast, international school of Porches and golf courses. A beautiful property suitable for a big family permanent home. Alternatively as a business investment with high yield. For those who want to work from home, there is now fiber fast internet connection. The Villa has new electrics throughout and a smart meter.
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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 €1,495,000 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 |
|---|---|---|---|
| €1,495,000 | £1,231,731 | £1,270,122 | £38,392 |
| Property Price € | €1,495,000 |
| Minimum cost in the last six months | £1,231,731 |
| Maximum cost in the last six months | £1,270,122 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £38,392 |
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 €1,495,000 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 |
|---|---|---|---|
| €1,495,000 | £1,231,731 | £1,270,122 | £38,392 |
| Property Price € | €1,495,000 |
| Minimum cost in the last six months | £1,231,731 |
| Maximum cost in the last six months | £1,270,122 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £38,392 |
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 £38,392 more.
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