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Modern style 3+1-bedroom villa with swimming pool, located in a quiet urban area between Lagos and Alvor, in its final stages of construction
Portimão, Portugal
REF: 818437
€850,000
Description
Modern style 3+1-bedroom villa with swimming pool, located in a quiet urban area between Lagos and Alvor, in its final stages of construction. Upon entering the home into the entrance hallway, we see the spacious open-plan living, dining room and a fully equipped kitchen with top of the line appliances, with big glass sliding doors which offer an abundance of natural light. From here, we can access directly to outdoors, as the pool, the garden and a barbecue area. Also located on this floor, there is a bathroom and an extra room which could serve as an additional bedroom or an office. In the first floor, there are the three spacious suites, all with built-in wardrobes and a glazed balcony to enjoy the views towards the estuary of Alvor. The basement level of the property is spacious and well-designed to include a large garage, a laundry room and offers ample space for a gym, cinema room or games room. Boasting contemporary elegance, practicality and comfort, this home nestled in the heart of a peace village, is in a small distance to services, close to schools, a sport complex, golf courses, an easy access to highway A22 and national roud 125, and less than 1 hour to Faro International airport and 15 minutes to the beaches of Alvor or Lagos. CHARACTERISTICS:Plot Area: 237 m2 | 2 551 sq ftArea: 185 m2 | 1 991 sq ftBedrooms: 3Bathrooms: 4Garage: 3Energy efficiency: A+FEATURES:3 suites Equipped kitchen Balconies / Terrace Swimming pool Garden Garage Laundry 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
Modern style 3+1-bedroom villa with swimming pool, located in a quiet urban area between Lagos and Alvor, in its final stages of construction. Upon entering the home into the entrance hallway, we see the spacious open-plan living, dining room and a fully equipped kitchen with top of the line appliances, with big glass sliding doors which offer an abundance of natural light. From here, we can access directly to outdoors, as the pool, the garden and a barbecue area. Also located on this floor, there is a bathroom and an extra room which could serve as an additional bedroom or an office. In the first floor, there are the three spacious suites, all with built-in wardrobes and a glazed balcony to enjoy the views towards the estuary of Alvor. The basement level of the property is spacious and well-designed to include a large garage, a laundry room and offers ample space for a gym, cinema room or games room. Boasting contemporary elegance, practicality and comfort, this home nestled in the heart of a peace village, is in a small distance to services, close to schools, a sport complex, golf courses, an easy access to highway A22 and national roud 125, and less than 1 hour to Faro International airport and 15 minutes to the beaches of Alvor or Lagos. CHARACTERISTICS:Plot Area: 237 m2 | 2 551 sq ftArea: 185 m2 | 1 991 sq ftBedrooms: 3Bathrooms: 4Garage: 3Energy efficiency: A+FEATURES:3 suites Equipped kitchen Balconies / Terrace Swimming pool Garden Garage Laundry 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 €850,000 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 |
|---|---|---|---|
| €850,000 | £700,315 | £730,533 | £30,218 |
| Property Price € | €850,000 |
| Minimum cost in the last six months | £700,315 |
| Maximum cost in the last six months | £730,533 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £30,218 |
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 €850,000 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 |
|---|---|---|---|
| €850,000 | £700,315 | £730,533 | £30,218 |
| Property Price € | €850,000 |
| Minimum cost in the last six months | £700,315 |
| Maximum cost in the last six months | £730,533 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £30,218 |
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 £30,218 more.
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