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Set in a peaceful urbanization on the outskirts of Alvor is this turnkey modern villa, with construction already underway, and due for completion by the end of 2024, this is an ideal property to live permanently or an excellent business opportunity
Portimão, Portugal
REF: 754887
€750,000
Description
Set in a peaceful urbanization on the outskirts of Alvor is this turnkey modern villa, with construction already underway, and due for completion by the end of 2024, this is an ideal property to live permanently or an excellent business opportunity. Upon entering the house, the contemporary open-plan design, with great use of glazing, showcases the abundance of natural light. Standing in the hall, it opens up into a spacious open space living room, a fully equipped kitchen, and dining room, all with direct access to the garden and deck area. On this floor, there is also a toilet and an additional room to be used as a generous home office or a bedroom. Going up the staircase to the first floor, there are three bedrooms, all with en suite bathrooms, built-in closets, and each with a private balcony. In the basement of the property, there is a large two-car garage with an automatic electric door, plenty of storage space, and a toilet. On the exterior of the villa, there is an easy maintenance garden, a swimming pool, and a large decked area with a barbecue and dining area, perfect for entertaining. Located just a few miles between the fishing village of Alvor and the city of Portimão, is close to all amenities and various beaches, and a 45-minute drive to Faro International Airport. CHARACTERISTICS:Plot Area: 400 m2 | 4 306 sq ftDeployment Area: 108 m2 | 1 167 sq ftBuilding Area: 292 m2 | 3 147 sq ftBedrooms: 3Bathrooms: 6Garage: 2Energy efficiency: Certification in progressFEATURES:3 Suites Fully equipped kitchen Balconies Garden Swimming Pool Barbecue Basement Garage with an automatic electric door Extra room Internationally awarded, LUXIMOS Christie's presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage. LUXIMOS Christie's is the exclusive affiliate of Christie s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal. Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina. LIc AMI 9063
Set in a peaceful urbanization on the outskirts of Alvor is this turnkey modern villa, with construction already underway, and due for completion by the end of 2024, this is an ideal property to live permanently or an excellent business opportunity. Upon entering the house, the contemporary open-plan design, with great use of glazing, showcases the abundance of natural light. Standing in the hall, it opens up into a spacious open space living room, a fully equipped kitchen, and dining room, all with direct access to the garden and deck area. On this floor, there is also a toilet and an additional room to be used as a generous home office or a bedroom. Going up the staircase to the first floor, there are three bedrooms, all with en suite bathrooms, built-in closets, and each with a private balcony. In the basement of the property, there is a large two-car garage with an automatic electric door, plenty of storage space, and a toilet. On the exterior of the villa, there is an easy maintenance garden, a swimming pool, and a large decked area with a barbecue and dining area, perfect for entertaining. Located just a few miles between the fishing village of Alvor and the city of Portimão, is close to all amenities and various beaches, and a 45-minute drive to Faro International Airport. CHARACTERISTICS:Plot Area: 400 m2 | 4 306 sq ftDeployment Area: 108 m2 | 1 167 sq ftBuilding Area: 292 m2 | 3 147 sq ftBedrooms: 3Bathrooms: 6Garage: 2Energy efficiency: Certification in progressFEATURES:3 Suites Fully equipped kitchen Balconies Garden Swimming Pool Barbecue Basement Garage with an automatic electric door Extra room Internationally awarded, LUXIMOS Christie's presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage. LUXIMOS Christie's is the exclusive affiliate of Christie s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal. Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina. LIc AMI 9063
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Currency Exchange
Portimão, 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 €750,000 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 |
|---|---|---|---|
| €750,000 | £621,233 | £644,588 | £23,355 |
| Property Price € | €750,000 |
| Minimum cost in the last six months | £621,233 |
| Maximum cost in the last six months | £644,588 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £23,355 |
Portimão, 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 €750,000 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 |
|---|---|---|---|
| €750,000 | £621,233 | £644,588 | £23,355 |
| Property Price € | €750,000 |
| Minimum cost in the last six months | £621,233 |
| Maximum cost in the last six months | £644,588 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £23,355 |
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 £23,355 more.
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