Vilamoura - Luxury Private Condominium T1

Loulé, Faro, Portugal, 8125-466

For Sale

€550,000

REF: 870788 €550,000


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Description

Luxurious 1 bedroom apartment with 1 bedroom en suite, guest bathroom. Outdoor pool, gym, lounge, massage room and sauna. 1 Parking spaces and storage space. Private gardens, outdoor and indoor heated pool, gym, underground garage spaces and individual private store rooms. Luxury finishes and fixtures.

Each apartment boasts a range of features, including LED lighting, full-height doors with concealed hinges, elegantly suspended sinks with integrated taps, oak laminate flooring, internal blac.. LIVING WITH DISTINCTION Discover the new definition of luxury, where light and sea converge in harmony near a serene nature reserve.

In the heart of Vilamoura, Lumare is defined by the highest quality materials and luxury amenities, bringing an unparalleled level of distinction to the development. Immerse yourself in a lifestyle where every detail is meticulously crafted to enhance your living experience. Characterized by the excellent relationship between generous indoor and outdoor areas, integrated and bright environments and the use of natural materials such as stone and wood as well as a harmonious landscape setting. Lumare has 62 unique apartments and is spread across four different buildings, with apartments ranging from T1 to T4 Penthouse, with interiors of up to 195 m2 and exteriors of up to 358 m2.

The development also has a series of leisure facilities that include an outdoor swimming pool, gym, multifunctional lounge, massage room and sauna. Each apartment boasts a range of features, including LED lighting, full-height doors with concealed hinges, elegantly suspended sinks with integrated taps, oak laminate flooring, internal blackout systems, domotics and alarm system.
Luxurious 1 bedroom apartment with 1 bedroom en suite, guest bathroom. Outdoor pool, gym, lounge, massage room and sauna. 1 Parking spaces and storage space. Private gardens, outdoor and indoor heated pool, gym, underground garage spaces and individual private store rooms. Luxury finishes and fixtures.

Each apartment boasts a range of features, including LED lighting, full-height doors with concealed hinges, elegantly suspended sinks with integrated taps, oak laminate flooring, internal blac.. LIVING WITH DISTINCTION Discover the new definition of luxury, where light and sea converge in harmony near a serene nature reserve.

In the heart of Vilamoura, Lumare is defined by the highest quality materials and luxury amenities, bringing an unparalleled level of distinction to the development. Immerse yourself in a lifestyle where every detail is meticulously crafted to enhance your living experience. Characterized by the excellent relationship between generous indoor and outdoor areas, integrated and bright environments and the use of natural materials such as stone and wood as well as a harmonious landscape setting. Lumare has 62 unique apartments and is spread across four different buildings, with apartments ranging from T1 to T4 Penthouse, with interiors of up to 195 m2 and exteriors of up to 358 m2.

The development also has a series of leisure facilities that include an outdoor swimming pool, gym, multifunctional lounge, massage room and sauna. Each apartment boasts a range of features, including LED lighting, full-height doors with concealed hinges, elegantly suspended sinks with integrated taps, oak laminate flooring, internal blackout systems, domotics and alarm system.
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Currency Exchange

Loulé, Faro, Portugal, 8125-466

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 €550,000 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
€550,000 £455,571 £472,698 £17,127
Property Price € €550,000
Minimum cost in the last six months £455,571
Maximum cost in the last six months £472,698
Fluctuating exchange rates over the last six months could have increased the cost of this property by £17,127

Loulé, Faro, Portugal, 8125-466

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 €550,000 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
€550,000 £455,571 £472,698 £17,127
Property Price € €550,000
Minimum cost in the last six months £455,571
Maximum cost in the last six months £472,698
Fluctuating exchange rates over the last six months could have increased the cost of this property by £17,127

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 £17,127 more.

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