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Buy Large 3 bedroom 'quinta' near Carvoeiro and International School on large plot in West Algarve
Lagoa, Portugal
REF: 866858
€2,290,000
Description
This sophisticated 3 bedroom farm house styled property with private pool, has been recently built and has a plot of 2.2Ha. The villa has a large open plan living room, kitchen and lounge with double height ceilings and a mezzanine overlooking the living area, ideal for an office, gym or tv room. This main open concept living room has a fireplace, and access to the large covered terrace serving as your outside living space with bbq area to enjoy the Algarve climate. The kitchen is fully equipped with high quality appliances and centre island with natural stone counter. The large salt water swimming pool is heated, and has a solar cover. The terrace offers a great sunbathing area and manicured gardens, with views to the surrounding nature. The property is of a very high building quality with high end fixtures and fittings. The property has 3 bedrooms, being all en-suite with built-in closets. In the basement level there are storage areas, tecnical room, laundry and a large garage to fit 3 to 4 cars. The property is situated near the Porches International School, the town, and beaches of Praia da Marinha, Albandeira and Benagil. This is an ideal location to be near all amenities yet enjoying privacy and the advantage of a quiet countryside setting. The property is fully fenced, it has mature fruit trees, landscaped areas, borehole, and is equipped with double insulated windows, mosquito nets, electric shutters, underfloor heating, solar panels and photovoltaic solar system with batteries, automatic irrigation, and many other features.
This sophisticated 3 bedroom farm house styled property with private pool, has been recently built and has a plot of 2.2Ha. The villa has a large open plan living room, kitchen and lounge with double height ceilings and a mezzanine overlooking the living area, ideal for an office, gym or tv room. This main open concept living room has a fireplace, and access to the large covered terrace serving as your outside living space with bbq area to enjoy the Algarve climate. The kitchen is fully equipped with high quality appliances and centre island with natural stone counter. The large salt water swimming pool is heated, and has a solar cover. The terrace offers a great sunbathing area and manicured gardens, with views to the surrounding nature. The property is of a very high building quality with high end fixtures and fittings. The property has 3 bedrooms, being all en-suite with built-in closets. In the basement level there are storage areas, tecnical room, laundry and a large garage to fit 3 to 4 cars. The property is situated near the Porches International School, the town, and beaches of Praia da Marinha, Albandeira and Benagil. This is an ideal location to be near all amenities yet enjoying privacy and the advantage of a quiet countryside setting. The property is fully fenced, it has mature fruit trees, landscaped areas, borehole, and is equipped with double insulated windows, mosquito nets, electric shutters, underfloor heating, solar panels and photovoltaic solar system with batteries, automatic irrigation, and many other features.
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Currency Exchange
Lagoa, 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 €2,290,000 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 |
|---|---|---|---|
| €2,290,000 | £1,886,731 | £1,968,141 | £81,410 |
| Property Price € | €2,290,000 |
| Minimum cost in the last six months | £1,886,731 |
| Maximum cost in the last six months | £1,968,141 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £81,410 |
Lagoa, 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 €2,290,000 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 |
|---|---|---|---|
| €2,290,000 | £1,886,731 | £1,968,141 | £81,410 |
| Property Price € | €2,290,000 |
| Minimum cost in the last six months | £1,886,731 |
| Maximum cost in the last six months | £1,968,141 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £81,410 |
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 £81,410 more.
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