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This stunning property is a deceptively spacious family or holiday home located in the sought-after family holiday destination of Carvoeiro, boasting views of the Monchique mountains and the sea from its large roof terrace
Lagoa (Algarve), Faro, Portugal
REF: 838604
€765,000
Description
This stunning property is a deceptively spacious family or holiday home located in the sought-after family holiday destination of Carvoeiro, boasting views of the Monchique mountains and the sea from its large roof terrace. With close proximity to international schools and the beautiful Algarve coastline just a 5-minute drive away, this property is not only ideal for personal use but also offers great potential for investment and monetization in the region. The immaculate property features 4 bedrooms and 4 bathrooms. The modern kitchen is equipped with Bosch appliances and a Miele dishwasher, leading to an outdoor entertaining area perfect for al fresco dining. The bright living room includes a wood burner and opens up to a covered terrace and pool area with an outdoor shower, providing more dining opportunities. The pool comes with a cover to extend the swimming period. Outside, the low-maintenance landscaped garden includes irrigation, a rainwater collection system, and ample storage space, as well as parking for 4-5 cars. Mitsubishi air conditioning units are installed throughout the property, along with solar panels for hot water and electricity, resulting in high energy efficiency with a B rating. Additionally, the property features a separate laundry area, with 2 bedrooms on the ground level, one of which is ensuite and the second with a shared bathroom. On the first floor, there are 2 generous ensuite bedrooms, both offering access to a large south-facing terrace and a spacious roof terrace with stunning views of the ocean and Monchique mountains. The en suite master bedroom boasts a walk-in closet and an attached office, adding to the appeal of this exceptional property. Easy access to A22 motorway Carvoeiro beach – 2,9 km Nobel International School 7,2 km Faro Airport - 65 km Supermarkets 4,4 km Aqua Portimão shopping center 11 km Carvoeiro Clube de Tenis 1,1 km Pestana Golf 2,5 km Silves Golf 11 km Vale de Milho Golf 6,3 km Slide & Splash Water Park 4,2 km #ref: 120205
This stunning property is a deceptively spacious family or holiday home located in the sought-after family holiday destination of Carvoeiro, boasting views of the Monchique mountains and the sea from its large roof terrace. With close proximity to international schools and the beautiful Algarve coastline just a 5-minute drive away, this property is not only ideal for personal use but also offers great potential for investment and monetization in the region. The immaculate property features 4 bedrooms and 4 bathrooms. The modern kitchen is equipped with Bosch appliances and a Miele dishwasher, leading to an outdoor entertaining area perfect for al fresco dining. The bright living room includes a wood burner and opens up to a covered terrace and pool area with an outdoor shower, providing more dining opportunities. The pool comes with a cover to extend the swimming period. Outside, the low-maintenance landscaped garden includes irrigation, a rainwater collection system, and ample storage space, as well as parking for 4-5 cars. Mitsubishi air conditioning units are installed throughout the property, along with solar panels for hot water and electricity, resulting in high energy efficiency with a B rating. Additionally, the property features a separate laundry area, with 2 bedrooms on the ground level, one of which is ensuite and the second with a shared bathroom. On the first floor, there are 2 generous ensuite bedrooms, both offering access to a large south-facing terrace and a spacious roof terrace with stunning views of the ocean and Monchique mountains. The en suite master bedroom boasts a walk-in closet and an attached office, adding to the appeal of this exceptional property. Easy access to A22 motorway Carvoeiro beach – 2,9 km Nobel International School 7,2 km Faro Airport - 65 km Supermarkets 4,4 km Aqua Portimão shopping center 11 km Carvoeiro Clube de Tenis 1,1 km Pestana Golf 2,5 km Silves Golf 11 km Vale de Milho Golf 6,3 km Slide & Splash Water Park 4,2 km #ref: 120205
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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 €765,000 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 |
|---|---|---|---|
| €765,000 | £630,284 | £657,479 | £27,196 |
| Property Price € | €765,000 |
| Minimum cost in the last six months | £630,284 |
| Maximum cost in the last six months | £657,479 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £27,196 |
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 €765,000 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 |
|---|---|---|---|
| €765,000 | £630,284 | £657,479 | £27,196 |
| Property Price € | €765,000 |
| Minimum cost in the last six months | £630,284 |
| Maximum cost in the last six months | £657,479 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £27,196 |
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 £27,196 more.
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