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Holiday Homes For Sale in The Heart of Renowned Vineyard
Lagoa, Faro, Portugal, 8400-031
REF: 751532
€226,000
Description
A brand new development offering 16 stand-alone homes for sale in Lagoa as a turn key holiday home or investment project. They are situated in the heart of Quinta dos Vales, West Algarve, just five minutes from top golf courses, fifteen minutes from Silves, Carvoeiro, Portimão, the authentic fishing village of Ferragudo and forty minutes from Faro airport. A great opportunity to purchase a holiday home in Portugal or use as a rental investment for short term lets in the Algarve. Have you wondered what it feels like to wake up in paradise? This brand-new resort of villa-suites is located in the heart of a renowned wine estate in Lagoa, western Algarve, enjoying picturesque views of seemingly endless vineyards, integrated into an established estate. For the first time, a small number of lucky owners can now purchase property on these grounds.
Each villa suite features one bedroom, a bathroom with a walk-in shower, an open plan kitchen and living room, as well as a private terrace, adjacent to a cosy private relaxation area. From these terraces, you can enjoy unobstructed views of the olive trees planted in front of the villas as well as the stunning vineyards as backdrop.
The buildings have been positioned in a way to offer both sun as well as shade options within the relaxation areas. The living rooms of the Premium Villa Suites are equipped with a fold-out couch, thereby converting them into a second bedroom.
The development boasts numerous sports facilities and amenities, including a tennis court, mini-golf course, paddle tennis court, two communal swimming pools, as well as plenty of wine-related opportunities. Basically, anything you could need or wish for during your stay!
A brand new development offering 16 stand-alone homes for sale in Lagoa as a turn key holiday home or investment project. They are situated in the heart of Quinta dos Vales, West Algarve, just five minutes from top golf courses, fifteen minutes from Silves, Carvoeiro, Portimão, the authentic fishing village of Ferragudo and forty minutes from Faro airport. A great opportunity to purchase a holiday home in Portugal or use as a rental investment for short term lets in the Algarve. Have you wondered what it feels like to wake up in paradise? This brand-new resort of villa-suites is located in the heart of a renowned wine estate in Lagoa, western Algarve, enjoying picturesque views of seemingly endless vineyards, integrated into an established estate. For the first time, a small number of lucky owners can now purchase property on these grounds.
Each villa suite features one bedroom, a bathroom with a walk-in shower, an open plan kitchen and living room, as well as a private terrace, adjacent to a cosy private relaxation area. From these terraces, you can enjoy unobstructed views of the olive trees planted in front of the villas as well as the stunning vineyards as backdrop.
The buildings have been positioned in a way to offer both sun as well as shade options within the relaxation areas. The living rooms of the Premium Villa Suites are equipped with a fold-out couch, thereby converting them into a second bedroom.
The development boasts numerous sports facilities and amenities, including a tennis court, mini-golf course, paddle tennis court, two communal swimming pools, as well as plenty of wine-related opportunities. Basically, anything you could need or wish for during your stay!
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Currency Exchange
Lagoa, Faro, Portugal, 8400-031
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 €226,000 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 |
|---|---|---|---|
| €226,000 | £187,198 | £194,236 | £7,038 |
| Property Price € | €226,000 |
| Minimum cost in the last six months | £187,198 |
| Maximum cost in the last six months | £194,236 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,038 |
Lagoa, Faro, Portugal, 8400-031
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 €226,000 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 |
|---|---|---|---|
| €226,000 | £187,198 | £194,236 | £7,038 |
| Property Price € | €226,000 |
| Minimum cost in the last six months | £187,198 |
| Maximum cost in the last six months | £194,236 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,038 |
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 £7,038 more.
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