2 Bedroom flat with 119 sq m, outdoor area of 37 sq m and 2 parking spaces, inserted in a new development to be born in Vilamoura, in a luxurious gated community, overlooking the Nature Reserve

Quarteira, Faro, Portugal

For Sale

€1,010,000

REF: 858051 €1,010,000


2

2

119 m2

156 m2

Description

2 Bedroom flat with 119 sq m, outdoor area of 37 sq m and 2 parking spaces, inserted in a new development to be born in Vilamoura, in a luxurious gated community, overlooking the Nature Reserve. Signed by the renowned João Vieira studio, this architectural project incorporates innovation with a design that exudes a luxurious, sophisticated and elegant atmosphere.

The project was inspired by the concept of 'Hanging House', providing as much as possible the generosity of indoor and outdoor areas, as well as the comfort and privacy of a house and not a flat. Honoring the location, I wanted to highlight the best that the Algarve has to offer - The Light and the Sea and, within the same concept, recreate the movement of waves in the buildings themselves.

A few meters from the centre of Vilamoura and the Marina, and 200 meters from the natural park, and 2 km from the beach, it consists of 4 buildings, with a total of 62 apartments from 1 to 4-bedroom, of which the penthouses with a magnificent roof terrace and private pool. The development also has a fully equipped lounge and a coworking space, equipped gym, massage room and a magnificent garden and swimming pool.

All apartments, depending on their typology, have at least one parking space in the garage with a charging point for electric vehicles and storage or box. The entire concept of this sophisticated condominium, and the excellent quality of finishes, was designed to live with quality and comfort throughout the year and, at the same time, provide a haven of tranquillity and privacy.

Distances: - Nature Reserve: 200 m - Falécia Beach: 2 km - Marina: 1.2 km - Tennis and paddle tennis academy: 600 m - Clinic/Hospital: 350 m /950 m - Golf courses: 4 km - International school: 7 km - Faro International Airport: 30 minutes Don't miss this opportunity! For over 25 years Castelhana has been a renowned name in the Portuguese real estate sector.

As a company of Dils group, we specialize in advising businesses, organizations and (institutional) investors in buying, selling, renting, letting and development of residential properties. Founded in 1999, Castelhana has built one of the largest and most solid real estate portfolios in Portugal over the years, with over 600 renovation and new construction projects.

In the Algarve next to the renowned Vilamoura Marina. In Lisbon, in Chiado, one of the most emblematic and traditional areas of the capital, and in Porto, we are based in Foz Do Douro, one of the noblest places in the city. We are waiting for you. We have a team available to give you the best support in your next real estate investment. Contact us! /n
2 Bedroom flat with 119 sq m, outdoor area of 37 sq m and 2 parking spaces, inserted in a new development to be born in Vilamoura, in a luxurious gated community, overlooking the Nature Reserve. Signed by the renowned João Vieira studio, this architectural project incorporates innovation with a design that exudes a luxurious, sophisticated and elegant atmosphere.

The project was inspired by the concept of 'Hanging House', providing as much as possible the generosity of indoor and outdoor areas, as well as the comfort and privacy of a house and not a flat. Honoring the location, I wanted to highlight the best that the Algarve has to offer - The Light and the Sea and, within the same concept, recreate the movement of waves in the buildings themselves.

A few meters from the centre of Vilamoura and the Marina, and 200 meters from the natural park, and 2 km from the beach, it consists of 4 buildings, with a total of 62 apartments from 1 to 4-bedroom, of which the penthouses with a magnificent roof terrace and private pool. The development also has a fully equipped lounge and a coworking space, equipped gym, massage room and a magnificent garden and swimming pool.

All apartments, depending on their typology, have at least one parking space in the garage with a charging point for electric vehicles and storage or box. The entire concept of this sophisticated condominium, and the excellent quality of finishes, was designed to live with quality and comfort throughout the year and, at the same time, provide a haven of tranquillity and privacy.

Distances: - Nature Reserve: 200 m - Falécia Beach: 2 km - Marina: 1.2 km - Tennis and paddle tennis academy: 600 m - Clinic/Hospital: 350 m /950 m - Golf courses: 4 km - International school: 7 km - Faro International Airport: 30 minutes Don't miss this opportunity! For over 25 years Castelhana has been a renowned name in the Portuguese real estate sector.

As a company of Dils group, we specialize in advising businesses, organizations and (institutional) investors in buying, selling, renting, letting and development of residential properties. Founded in 1999, Castelhana has built one of the largest and most solid real estate portfolios in Portugal over the years, with over 600 renovation and new construction projects.

In the Algarve next to the renowned Vilamoura Marina. In Lisbon, in Chiado, one of the most emblematic and traditional areas of the capital, and in Porto, we are based in Foz Do Douro, one of the noblest places in the city. We are waiting for you. We have a team available to give you the best support in your next real estate investment. Contact us! /n
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Property on Map

#CT-27597

Currency Exchange

Quarteira, 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 €1,010,000 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
€1,010,000 £832,139 £868,045 £35,906
Property Price € €1,010,000
Minimum cost in the last six months £832,139
Maximum cost in the last six months £868,045
Fluctuating exchange rates over the last six months could have increased the cost of this property by £35,906

Quarteira, 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 €1,010,000 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
€1,010,000 £832,139 £868,045 £35,906
Property Price € €1,010,000
Minimum cost in the last six months £832,139
Maximum cost in the last six months £868,045
Fluctuating exchange rates over the last six months could have increased the cost of this property by £35,906

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 £35,906 more.

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