Villa Ruby

Loulé, Faro, Portugal

For Sale

€2,295,000

REF: 885676 €2,295,000


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Description

Welcome to this refurbished, luxurious 3-story semi-detached villa in Lakeside Village, Quinta do Lago. NOTE: For a private property acquisition the asking price is 2,895,000 (inclusive of property transfer tax and stamp duty @ 8.3%). Welcome to this luxurious 3-story semi-detached villa in Lakeside Village, Quinta do Lago, with a complete refurbish and rebuild in 2009 and also a complete re-decoration in 2021, offering an exceptional living experience with stunning, direct sea views from both the ground and first floors.

Facing southwest, this property ensures abundant natural light throughout the day and picturesque sunset "vistas". With 2 private terraces and a kidney-shaped pool on the lower level, this home is thoughtfully designed to offer a perfect blend of style and comfort, helping you make the most of your second home or permanent residence in the Golden Triangle. The open-plan ground floor hosts a beautifully modernised kitchen, dining, and living area that opens onto a private terrace, ideal for al fresco dining or relaxing in the warmth of the Algarve sun.

Also on this level is a spacious en-suite bedroom, making it a perfect option for guests or as a convenient main-level bedroom. Additionally, there is a garage for a single car on this level, offering both convenience and secure private parking. The first floor is dedicated to the master suite, which features an expansive private terrace offering panoramic sea views.

The master bedroom includes his-and-hers dressing areas, providing ample wardrobe space, and a private, fully equipped en-suite bathroom. This floor truly feels like a sanctuary, designed with luxury and comfort in mind. On the lower level, 2 additional bedrooms, each with fitted wardrobes, are perfect for family members or visitors.

One of these bedrooms benefits from its own en-suite bathroom, while the other has easy access to a modern bathroom just steps away. The lower level also includes a laundry room for added convenience, as well as a large TV room that opens onto a private side terrace, creating the ideal space for relaxing or entertaining guests.

A dedicated games room completes this floor, offering endless opportunities for recreation and leisure; however, this room could easily be converted into an additional bedroom, with its own natural light and sliding glass doors, providing direct access to the exterior area. Throughout the property, underfloor heating and air conditioning split units ensure year-round comfort.

The meticulously designed outdoor spaces, including the front and side terraces surrounding the pool, create a serene environment for relaxation. As the most elevated semi-detached villa in the complex, this home boasts unrivalled views and an enhanced sense of privacy. Positioned within the exclusive Lakeside Village condominium, this home combines privacy, modern conveniences, and proximity to Quinta do Lago s finest amenities. Residents of Lakeside Village enjoy access to an array of exceptional condominium amenities.

This complex offers beautifully landscaped gardens, a large communal swimming pool, and private tennis courts. The serene lakeside setting provides scenic walking trails, while the nearby lake allows for various water activities. In addition, residents benefit from 24-hour security and the convenience of being within close proximity to Quinta do Lago s world-class golf courses and restaurants.
Welcome to this refurbished, luxurious 3-story semi-detached villa in Lakeside Village, Quinta do Lago. NOTE: For a private property acquisition the asking price is 2,895,000 (inclusive of property transfer tax and stamp duty @ 8.3%). Welcome to this luxurious 3-story semi-detached villa in Lakeside Village, Quinta do Lago, with a complete refurbish and rebuild in 2009 and also a complete re-decoration in 2021, offering an exceptional living experience with stunning, direct sea views from both the ground and first floors.

Facing southwest, this property ensures abundant natural light throughout the day and picturesque sunset "vistas". With 2 private terraces and a kidney-shaped pool on the lower level, this home is thoughtfully designed to offer a perfect blend of style and comfort, helping you make the most of your second home or permanent residence in the Golden Triangle. The open-plan ground floor hosts a beautifully modernised kitchen, dining, and living area that opens onto a private terrace, ideal for al fresco dining or relaxing in the warmth of the Algarve sun.

Also on this level is a spacious en-suite bedroom, making it a perfect option for guests or as a convenient main-level bedroom. Additionally, there is a garage for a single car on this level, offering both convenience and secure private parking. The first floor is dedicated to the master suite, which features an expansive private terrace offering panoramic sea views.

The master bedroom includes his-and-hers dressing areas, providing ample wardrobe space, and a private, fully equipped en-suite bathroom. This floor truly feels like a sanctuary, designed with luxury and comfort in mind. On the lower level, 2 additional bedrooms, each with fitted wardrobes, are perfect for family members or visitors.

One of these bedrooms benefits from its own en-suite bathroom, while the other has easy access to a modern bathroom just steps away. The lower level also includes a laundry room for added convenience, as well as a large TV room that opens onto a private side terrace, creating the ideal space for relaxing or entertaining guests.

A dedicated games room completes this floor, offering endless opportunities for recreation and leisure; however, this room could easily be converted into an additional bedroom, with its own natural light and sliding glass doors, providing direct access to the exterior area. Throughout the property, underfloor heating and air conditioning split units ensure year-round comfort.

The meticulously designed outdoor spaces, including the front and side terraces surrounding the pool, create a serene environment for relaxation. As the most elevated semi-detached villa in the complex, this home boasts unrivalled views and an enhanced sense of privacy. Positioned within the exclusive Lakeside Village condominium, this home combines privacy, modern conveniences, and proximity to Quinta do Lago s finest amenities. Residents of Lakeside Village enjoy access to an array of exceptional condominium amenities.

This complex offers beautifully landscaped gardens, a large communal swimming pool, and private tennis courts. The serene lakeside setting provides scenic walking trails, while the nearby lake allows for various water activities. In addition, residents benefit from 24-hour security and the convenience of being within close proximity to Quinta do Lago s world-class golf courses and restaurants.
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Property on Map

#2430

Currency Exchange

Loulé, 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 €2,295,000 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
€2,295,000 £1,900,971 £1,972,438 £71,466
Property Price € €2,295,000
Minimum cost in the last six months £1,900,971
Maximum cost in the last six months £1,972,438
Fluctuating exchange rates over the last six months could have increased the cost of this property by £71,466

Loulé, 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 €2,295,000 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
€2,295,000 £1,900,971 £1,972,438 £71,466
Property Price € €2,295,000
Minimum cost in the last six months £1,900,971
Maximum cost in the last six months £1,972,438
Fluctuating exchange rates over the last six months could have increased the cost of this property by £71,466

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 £71,466 more.

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