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Discover the new reference of luxury and comfort in the center of Almancil, a privileged location close to Vale de Lobo and Quinta do Lago
Loulé, Faro, Portugal
REF: 892055
€489,500
Description
Discover the new reference of luxury and comfort in the center of Almancil, a privileged location close to Vale de Lobo and Quinta do Lago. Located in the heart of this vibrant Algarve city, these modern apartments in the final stages of construction offer the perfect combination of contemporary design and functionality. These apartments, of types ranging from T2, T3 and T4 Duplex, stand out for their high quality finishes, large balconies and panoramic windows that allow plenty of natural light to enter. Providing an urban design with an open space living room and kitchen for modern living and comfort, the kitchen is equipped with state-of-the-art appliances. The apartments are designed for an elegant living experience, with a communal bathroom with elegant Italian shower and one of the bedrooms en-suite for complete privacy. You will find built-in closets in the bedrooms and in some units additional space to create a closet. Each apartment is equipped with air conditioning in every room, underfloor heating, as well as thermal and acoustic insulation, providing a welcoming and comfortable environment throughout the year. All apartments have deck balconies that can be transformed into an urban garden or create a living space to make the most of the mild climate that the Algarve offers throughout the year. In addition, the building has private parking, green spaces around and a privileged location, just a few minutes from restaurants, shops, services and the region's famous beaches. If you are looking for a modern lifestyle, with easy access to the amenities of Almancil and just a few minutes from Vale do Lobo and Quinta do Lago, these apartments are the ideal choice. Take advantage of this opportunity to invest in a property in one of the most sought after areas of the Algarve. Completion scheduled for January 2025. #ref: 128336
Discover the new reference of luxury and comfort in the center of Almancil, a privileged location close to Vale de Lobo and Quinta do Lago. Located in the heart of this vibrant Algarve city, these modern apartments in the final stages of construction offer the perfect combination of contemporary design and functionality. These apartments, of types ranging from T2, T3 and T4 Duplex, stand out for their high quality finishes, large balconies and panoramic windows that allow plenty of natural light to enter. Providing an urban design with an open space living room and kitchen for modern living and comfort, the kitchen is equipped with state-of-the-art appliances. The apartments are designed for an elegant living experience, with a communal bathroom with elegant Italian shower and one of the bedrooms en-suite for complete privacy. You will find built-in closets in the bedrooms and in some units additional space to create a closet. Each apartment is equipped with air conditioning in every room, underfloor heating, as well as thermal and acoustic insulation, providing a welcoming and comfortable environment throughout the year. All apartments have deck balconies that can be transformed into an urban garden or create a living space to make the most of the mild climate that the Algarve offers throughout the year. In addition, the building has private parking, green spaces around and a privileged location, just a few minutes from restaurants, shops, services and the region's famous beaches. If you are looking for a modern lifestyle, with easy access to the amenities of Almancil and just a few minutes from Vale do Lobo and Quinta do Lago, these apartments are the ideal choice. Take advantage of this opportunity to invest in a property in one of the most sought after areas of the Algarve. Completion scheduled for January 2025. #ref: 128336
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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 €489,500 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 |
|---|---|---|---|
| €489,500 | £407,205 | £421,660 | £14,455 |
| Property Price € | €489,500 |
| Minimum cost in the last six months | £407,205 |
| Maximum cost in the last six months | £421,660 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,455 |
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 €489,500 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 |
|---|---|---|---|
| €489,500 | £407,205 | £421,660 | £14,455 |
| Property Price € | €489,500 |
| Minimum cost in the last six months | £407,205 |
| Maximum cost in the last six months | £421,660 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,455 |
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 £14,455 more.
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