Sitting in a fantastic position on the hillside between Burgau and Salema, this stunning villa has beautiful sea views, a luxurious contemporary interior, spacious open plan living area and south-facing terraces

Vila do Bispo, Algarve, Portugal, 8650-116

For Sale

€1,322,000

£1,103,395
REF: 865066 €1,322,000

3

3


242 m2

640 m2

Description

Sitting in a fantastic position on the hillside between Burgau and Salema, this stunning villa has beautiful sea views, a luxurious contemporary interior, spacious open plan living area and south-facing terraces. There is a fantastic flow from indoors to outdoors, with each room leading to generous south facing terraces, providing all day sunshine and maximizing the incredible sea views. On the upper level there is a spacious and open living dining area with a feature fireplace and a modern fully fitted kitchen.

There are two large bedrooms on the next floor with en suite bathrooms and South facing balconies. The stairway and first floor hallway boast a glass ceiling which provides a wonderful flow of light throughout the villa! The lower level provides a further two bedrooms, one of which has been converted into a full 2nd kitchen, creating a perfect space for entertaining by the pool.

Further features include a built-in barbeque, automatic irrigation system, heating and cooling conditioning system installed, quality double glazing and electric shutters. This villa is beautifully designed with a stylish and modern edge. It is perfect for families and entertaining, and would be fantastic either as a full-time residence or a fantastic home from home.
Sitting in a fantastic position on the hillside between Burgau and Salema, this stunning villa has beautiful sea views, a luxurious contemporary interior, spacious open plan living area and south-facing terraces. There is a fantastic flow from indoors to outdoors, with each room leading to generous south facing terraces, providing all day sunshine and maximizing the incredible sea views. On the upper level there is a spacious and open living dining area with a feature fireplace and a modern fully fitted kitchen.

There are two large bedrooms on the next floor with en suite bathrooms and South facing balconies. The stairway and first floor hallway boast a glass ceiling which provides a wonderful flow of light throughout the villa! The lower level provides a further two bedrooms, one of which has been converted into a full 2nd kitchen, creating a perfect space for entertaining by the pool.

Further features include a built-in barbeque, automatic irrigation system, heating and cooling conditioning system installed, quality double glazing and electric shutters. This villa is beautifully designed with a stylish and modern edge. It is perfect for families and entertaining, and would be fantastic either as a full-time residence or a fantastic home from home.
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Currency Exchange

Vila do Bispo, Algarve, Portugal, 8650-116

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 €1,322,000 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
€1,322,000 £1,099,640 £1,137,740 £38,100
Property Price € €1,322,000
Minimum cost in the last six months £1,099,640
Maximum cost in the last six months £1,137,740
Fluctuating exchange rates over the last six months could have increased the cost of this property by £38,100

Vila do Bispo, Algarve, Portugal, 8650-116

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 €1,322,000 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
€1,322,000 £1,099,640 £1,137,740 £38,100
Property Price € €1,322,000
Minimum cost in the last six months £1,099,640
Maximum cost in the last six months £1,137,740
Fluctuating exchange rates over the last six months could have increased the cost of this property by £38,100

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 £38,100 more.

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