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OWNER’S VILLA AT NOMAD BAY The Nomad Bay property is located just a few minutes outside of Carvoeiro, one of the Algarve’s most desirable locations
Lagoa (Algarve), Faro, Portugal
REF: 796804
€2,500,000
Description
OWNER’S VILLA AT NOMAD BAY The Nomad Bay property is located just a few minutes outside of Carvoeiro, one of the Algarve’s most desirable locations. It will be a luxury holiday resort consisting of 4 two story buildings and 74 apartments, with 1 to 3 bedrooms and a stunning villa. NEW LISTING - SKY VILLA AT NOMAD BAY - CARVOEIRO - EUR 2,50,000 The Nomad Bay property is located just a few minutes outside of Carvoeiro, one of the Algarve’s most desirable locations. It will be a luxury holiday resort consisting of 4 two story buildings and 74 apartments, with 1 to 3 bedrooms and a stunning villa. The Nomad Bay property is located just a few minutes outside of Carvoeiro, one of the Algarve’s most desirable locations. Carvoeiro is a charming and traditional resort town in Western Algarve which is best known for its whitewashed cottages and breath-taking beaches. Surrounded by the cliffs, Carvoeiro offers a vibrant yet peaceful atmosphere. When walking the cobbled narrow streets of Carvoeiro, you will find a broad selection of outstanding restaurants and bars where you can admire the beautiful sea views. The Nomad Bay property is located on a hill which offers stunning sea views. From the property, you are just a short drive away to several beautiful beaches such as Praia do Carvalho or Praia do Vale de Centeanes, as well as many golf courses such as the Vale de Milho golf. The Sky Villa is located on the top floor of Nomad Bay’s luxury resort, featuring 360 degrees views. This 4 bedrooms’ villa has a total area of 370 m2. It consists of 216m2 of living area, a wrap around terrace of 76m2 as well as an amazing rooftop with 76m2. This outstanding Villa was designed to blend the indoor and outdoor areas as the Algarve is known for it’s sunny year round weather and excellent climate. The living room, kitchen and bedrooms all present floor to ceiling windows, with ocean views throughout. The rooftop is fitted with a heated pool, glass palisades and an outdoor kitchen, allowing for a private oasis to enjoy the beautiful climate and seas views. Other benefits in acquiring this gorgeous villa: three parking places and one storage Distances Praia do Carvalho/ Vale de Centeanes 5 minutes ⛳ Vale de Milho Golf - 3 mins Downtown Carvoeiro: 8 mins Nobel School: 10 mins Apolonia Supermarket 4 mins ️ Aqua Shopping 19 mins The construction of the resort and villa is already on its way with a grand opening scheduled for the second quarter of 2024. Contact us for more information #ref: 113429
OWNER’S VILLA AT NOMAD BAY The Nomad Bay property is located just a few minutes outside of Carvoeiro, one of the Algarve’s most desirable locations. It will be a luxury holiday resort consisting of 4 two story buildings and 74 apartments, with 1 to 3 bedrooms and a stunning villa. NEW LISTING - SKY VILLA AT NOMAD BAY - CARVOEIRO - EUR 2,50,000 The Nomad Bay property is located just a few minutes outside of Carvoeiro, one of the Algarve’s most desirable locations. It will be a luxury holiday resort consisting of 4 two story buildings and 74 apartments, with 1 to 3 bedrooms and a stunning villa. The Nomad Bay property is located just a few minutes outside of Carvoeiro, one of the Algarve’s most desirable locations. Carvoeiro is a charming and traditional resort town in Western Algarve which is best known for its whitewashed cottages and breath-taking beaches. Surrounded by the cliffs, Carvoeiro offers a vibrant yet peaceful atmosphere. When walking the cobbled narrow streets of Carvoeiro, you will find a broad selection of outstanding restaurants and bars where you can admire the beautiful sea views. The Nomad Bay property is located on a hill which offers stunning sea views. From the property, you are just a short drive away to several beautiful beaches such as Praia do Carvalho or Praia do Vale de Centeanes, as well as many golf courses such as the Vale de Milho golf. The Sky Villa is located on the top floor of Nomad Bay’s luxury resort, featuring 360 degrees views. This 4 bedrooms’ villa has a total area of 370 m2. It consists of 216m2 of living area, a wrap around terrace of 76m2 as well as an amazing rooftop with 76m2. This outstanding Villa was designed to blend the indoor and outdoor areas as the Algarve is known for it’s sunny year round weather and excellent climate. The living room, kitchen and bedrooms all present floor to ceiling windows, with ocean views throughout. The rooftop is fitted with a heated pool, glass palisades and an outdoor kitchen, allowing for a private oasis to enjoy the beautiful climate and seas views. Other benefits in acquiring this gorgeous villa: three parking places and one storage Distances Praia do Carvalho/ Vale de Centeanes 5 minutes ⛳ Vale de Milho Golf - 3 mins Downtown Carvoeiro: 8 mins Nobel School: 10 mins Apolonia Supermarket 4 mins ️ Aqua Shopping 19 mins The construction of the resort and villa is already on its way with a grand opening scheduled for the second quarter of 2024. Contact us for more information #ref: 113429
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Currency Exchange
Lagoa (Algarve), 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 €2,500,000 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 |
|---|---|---|---|
| €2,500,000 | £2,070,775 | £2,148,625 | £77,850 |
| Property Price € | €2,500,000 |
| Minimum cost in the last six months | £2,070,775 |
| Maximum cost in the last six months | £2,148,625 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £77,850 |
Lagoa (Algarve), 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 €2,500,000 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 |
|---|---|---|---|
| €2,500,000 | £2,070,775 | £2,148,625 | £77,850 |
| Property Price € | €2,500,000 |
| Minimum cost in the last six months | £2,070,775 |
| Maximum cost in the last six months | £2,148,625 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £77,850 |
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 £77,850 more.
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