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Perhaps this is the most charismatic house in the Algarve!
Albufeira, Faro, Portugal
REF: 793620
€1,950,000
Description
This is Darquibled Villa, a Mediterranean style project designed by the prestigious Architect José Alegria, a pioneer of new earth constructions in southern Portugal. Architect José Alberto Alegria is an Honorary Member of the Order of Architects and Honorary Consul of the Kingdom of Morocco in the Algarve, he favors the use of traditional construction techniques, as well as the application of local construction materials, bringing to each of his creations references of the region's ancient knowledge. There are 17 880 m2 where we find 3 wells with water, several fruit trees and automatic irrigation, vegetable garden and native vegetation essential in the conservation and enhancement of landscape elements and a stabilized ecosystem. The villa has 512 m2 of area and is spread over 3 floors: ground floor, 1st floor and basement. It is a true masterpiece, stands out for its refinement and high quality construction. It has a guest house. Its structural walls are made of adobes of raw, pressed and stabilized earth obtained with earth removed from the land itself when excavated for its implementation, which makes the building sustainable and ecological. The exterior walls are 51 cm thick, which ensures thermal and acoustic inertia that promote greater comfort inside.The construction details meticulously thought out by its author, for each space, for each corner, make this villa an unparalleled work of art. This property is EXCLUSIVE, which allows you greater security.
This is Darquibled Villa, a Mediterranean style project designed by the prestigious Architect José Alegria, a pioneer of new earth constructions in southern Portugal. Architect José Alberto Alegria is an Honorary Member of the Order of Architects and Honorary Consul of the Kingdom of Morocco in the Algarve, he favors the use of traditional construction techniques, as well as the application of local construction materials, bringing to each of his creations references of the region's ancient knowledge. There are 17 880 m2 where we find 3 wells with water, several fruit trees and automatic irrigation, vegetable garden and native vegetation essential in the conservation and enhancement of landscape elements and a stabilized ecosystem. The villa has 512 m2 of area and is spread over 3 floors: ground floor, 1st floor and basement. It is a true masterpiece, stands out for its refinement and high quality construction. It has a guest house. Its structural walls are made of adobes of raw, pressed and stabilized earth obtained with earth removed from the land itself when excavated for its implementation, which makes the building sustainable and ecological. The exterior walls are 51 cm thick, which ensures thermal and acoustic inertia that promote greater comfort inside.The construction details meticulously thought out by its author, for each space, for each corner, make this villa an unparalleled work of art. This property is EXCLUSIVE, which allows you greater security.
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Currency Exchange
Albufeira, 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 €1,950,000 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 |
|---|---|---|---|
| €1,950,000 | £1,615,205 | £1,675,928 | £60,723 |
| Property Price € | €1,950,000 |
| Minimum cost in the last six months | £1,615,205 |
| Maximum cost in the last six months | £1,675,928 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £60,723 |
Albufeira, 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 €1,950,000 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 |
|---|---|---|---|
| €1,950,000 | £1,615,205 | £1,675,928 | £60,723 |
| Property Price € | €1,950,000 |
| Minimum cost in the last six months | £1,615,205 |
| Maximum cost in the last six months | £1,675,928 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £60,723 |
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 £60,723 more.
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