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Unique and distinctive 4 bed villa "under construction" in an upcoming area close to the golf & international school in Vilamoura, Algarve
Loulé, Faro, Portugal, 8125-001
REF: 811784
€2,950,000
Description
Unique and distinctive single storey 4 bed villa "under construction" in an upcoming area close to the golf & international school in Vilamoura. Distinctive and exceptional real estate project designed by an internationally acclaimed award-winning architect. Located in a burgeoning neighborhood surrounded by contemporary luxury villas situated on expansive land parcels, this property is approximately 7km away from the Marina and beach in Vilamoura.
Strategically positioned within walking distance of Vilamoura's international school (0.3 kms) and in close proximity to essential amenities such as a supermarket (2km), pharmacy (3km), medical clinic (6km), etc.
Situated on an expansive 2,227 sq.m. plot, the villa boasts 292 sq.m. of indoor space and an additional 120 sq.m. of outdoor area. This single-story residence currently "under construction", with 2.5 years of saved time in projects and legal procedures, features a charming hallway, a spacious 45 sq.m. lounge, a kitchen, pantry, laundry area, four en-suite bedrooms, and a guest toilet. The interior courtyard floods all rooms with natural light. The property includes a two-car garage and a 33 sq.m. basement for additional storage.
Benefiting from excellent sun exposure (South), the property offers generous outdoor space with a delightful porch for a barbecue area and a sizable swimming pool.
The property is under construction and will be completed in 2025.
An excellent investment opportunity!
AlgarveProperty.com - AMI: 2196 - T.: 00351 289310310
Unique and distinctive single storey 4 bed villa "under construction" in an upcoming area close to the golf & international school in Vilamoura. Distinctive and exceptional real estate project designed by an internationally acclaimed award-winning architect. Located in a burgeoning neighborhood surrounded by contemporary luxury villas situated on expansive land parcels, this property is approximately 7km away from the Marina and beach in Vilamoura.
Strategically positioned within walking distance of Vilamoura's international school (0.3 kms) and in close proximity to essential amenities such as a supermarket (2km), pharmacy (3km), medical clinic (6km), etc.
Situated on an expansive 2,227 sq.m. plot, the villa boasts 292 sq.m. of indoor space and an additional 120 sq.m. of outdoor area. This single-story residence currently "under construction", with 2.5 years of saved time in projects and legal procedures, features a charming hallway, a spacious 45 sq.m. lounge, a kitchen, pantry, laundry area, four en-suite bedrooms, and a guest toilet. The interior courtyard floods all rooms with natural light. The property includes a two-car garage and a 33 sq.m. basement for additional storage.
Benefiting from excellent sun exposure (South), the property offers generous outdoor space with a delightful porch for a barbecue area and a sizable swimming pool.
The property is under construction and will be completed in 2025.
An excellent investment opportunity!
AlgarveProperty.com - AMI: 2196 - T.: 00351 289310310
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Currency Exchange
Loulé, Faro, Portugal, 8125-001
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 €2,950,000 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 |
|---|---|---|---|
| €2,950,000 | £2,443,515 | £2,535,378 | £91,863 |
| Property Price € | €2,950,000 |
| Minimum cost in the last six months | £2,443,515 |
| Maximum cost in the last six months | £2,535,378 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £91,863 |
Loulé, Faro, Portugal, 8125-001
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 €2,950,000 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 |
|---|---|---|---|
| €2,950,000 | £2,443,515 | £2,535,378 | £91,863 |
| Property Price € | €2,950,000 |
| Minimum cost in the last six months | £2,443,515 |
| Maximum cost in the last six months | £2,535,378 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £91,863 |
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 £91,863 more.
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