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The villa is south-facing with an incredible panoramic views of the Algarve Coast line and Ria Formosa
Faro, Portugal
REF: 789303
€3,550,000
Description
The villa is south-facing with an incredible panoramic views of the Algarve Coast line and Ria Formosa. It counts with an elevator, a cinema space, a game room, an infinity pool and a wide wine cellar on the main floor. There is also a possibility of creating a fitness space. The main floor includes two bedrooms en suite, a separate service bathroom and an open space kitchen and living room, with breathtaking views, and direct access to the outside terrace. The first floor includes more two bedrooms en suite. The main suite contains two separate terraces, one for the bathroom and the other to the bedroom itself, as well as a fantastic closet. The property has an inside and outside parking space. The garage floor not only includes the parking space, but also a big laundry room fully equipped, as well as a games room and a cinema space. There is also the possibility of adding another en suite bedroom. The property is located inside the Quinta das Raposeiras Development, which includes restaurant, cafes and a tennis camp, less than 3 minutes away. It is also located 20 minutes away from the nearest beaches and Faro international airport. All main services can be found less than 15 minutes away, as well as Golf courses and leisure activity places. CHARACTERISTICS:Plot Area: 2 290 m2 | 24 649 sq ftDeployment Area: 458 m2 | 4 930 sq ftBuilding Area: 916 m2 | 9 860 sq ftBedrooms: 4Bathrooms: 6Garage: 2Energy efficiency: BFEATURES:4 suites Fully equipped kitchen Terrace Garden Infinity pool Garage Laundry Leisure 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
The villa is south-facing with an incredible panoramic views of the Algarve Coast line and Ria Formosa. It counts with an elevator, a cinema space, a game room, an infinity pool and a wide wine cellar on the main floor. There is also a possibility of creating a fitness space. The main floor includes two bedrooms en suite, a separate service bathroom and an open space kitchen and living room, with breathtaking views, and direct access to the outside terrace. The first floor includes more two bedrooms en suite. The main suite contains two separate terraces, one for the bathroom and the other to the bedroom itself, as well as a fantastic closet. The property has an inside and outside parking space. The garage floor not only includes the parking space, but also a big laundry room fully equipped, as well as a games room and a cinema space. There is also the possibility of adding another en suite bedroom. The property is located inside the Quinta das Raposeiras Development, which includes restaurant, cafes and a tennis camp, less than 3 minutes away. It is also located 20 minutes away from the nearest beaches and Faro international airport. All main services can be found less than 15 minutes away, as well as Golf courses and leisure activity places. CHARACTERISTICS:Plot Area: 2 290 m2 | 24 649 sq ftDeployment Area: 458 m2 | 4 930 sq ftBuilding Area: 916 m2 | 9 860 sq ftBedrooms: 4Bathrooms: 6Garage: 2Energy efficiency: BFEATURES:4 suites Fully equipped kitchen Terrace Garden Infinity pool Garage Laundry Leisure 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
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 €3,550,000 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 |
|---|---|---|---|
| €3,550,000 | £2,940,501 | £3,051,048 | £110,547 |
| Property Price € | €3,550,000 |
| Minimum cost in the last six months | £2,940,501 |
| Maximum cost in the last six months | £3,051,048 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £110,547 |
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 €3,550,000 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 |
|---|---|---|---|
| €3,550,000 | £2,940,501 | £3,051,048 | £110,547 |
| Property Price € | €3,550,000 |
| Minimum cost in the last six months | £2,940,501 |
| Maximum cost in the last six months | £3,051,048 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £110,547 |
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 £110,547 more.
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