Brand new townhouses within exclusive development

Albufeira, Faro, Portugal, 8200-392 Albufeira

For Sale

€995,000

REF: 835537 €995,000


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Description

Under construction. Stunning quality two bedroom townhouses designed for comfortable and efficient living, with cutting edge style and conveniences including private pool, underground car parking and roof terrace with panoramic views. Eco A Rated. Situated twixt Old Town Albufeira and Guia, a little inland from the coast, this new development benefits from an elevated position with panoramic countryside and distant sea views.  The eco-sensitive development comprises €˜A Rated€™ luxury apartments, townhouses and bespoke villas with a small adjacent hotel, boasting a range of complementary facilities and services. Currently under construction, these smart home ready properties are now released, with plans and site visits now available via Cerro Novo. Individually designed, two bedroom Eco A Rated townhouses, built to exacting standards to maximise energy efficiency and to promote comfortable, contemporary living.  Built over four floors, the houses will benefit from private garage and a magnificent roof deck with panoramic views.

The large ground floor comprises of an open plan family room with access to two terraces, the private pool and deck.  On the first floor are a principal suite, second bedroom, bathroom and glazed galleried landing with stairs up to the roof.  These townhouses are SmartHome ready, meaning that all building controls can be managed remotely via smartphone or other building management systems.

These controls include air-conditioning, ventilation and underfloor heating.  Owners will benefit from access to all on-site amenities, including the exclusive concierge, a clubhouse, gym, spa, bistro and rental managment.
Under construction. Stunning quality two bedroom townhouses designed for comfortable and efficient living, with cutting edge style and conveniences including private pool, underground car parking and roof terrace with panoramic views. Eco A Rated. Situated twixt Old Town Albufeira and Guia, a little inland from the coast, this new development benefits from an elevated position with panoramic countryside and distant sea views.  The eco-sensitive development comprises €˜A Rated€™ luxury apartments, townhouses and bespoke villas with a small adjacent hotel, boasting a range of complementary facilities and services. Currently under construction, these smart home ready properties are now released, with plans and site visits now available via Cerro Novo. Individually designed, two bedroom Eco A Rated townhouses, built to exacting standards to maximise energy efficiency and to promote comfortable, contemporary living.  Built over four floors, the houses will benefit from private garage and a magnificent roof deck with panoramic views.

The large ground floor comprises of an open plan family room with access to two terraces, the private pool and deck.  On the first floor are a principal suite, second bedroom, bathroom and glazed galleried landing with stairs up to the roof.  These townhouses are SmartHome ready, meaning that all building controls can be managed remotely via smartphone or other building management systems.

These controls include air-conditioning, ventilation and underfloor heating.  Owners will benefit from access to all on-site amenities, including the exclusive concierge, a clubhouse, gym, spa, bistro and rental managment.
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Currency Exchange

Albufeira, Faro, Portugal, 8200-392 Albufeira

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 €995,000 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
€995,000 £827,721 £856,317 £28,596
Property Price € €995,000
Minimum cost in the last six months £827,721
Maximum cost in the last six months £856,317
Fluctuating exchange rates over the last six months could have increased the cost of this property by £28,596

Albufeira, Faro, Portugal, 8200-392 Albufeira

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 €995,000 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
€995,000 £827,721 £856,317 £28,596
Property Price € €995,000
Minimum cost in the last six months £827,721
Maximum cost in the last six months £856,317
Fluctuating exchange rates over the last six months could have increased the cost of this property by £28,596

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 £28,596 more.

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