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V2 + 1 | Gramacho Villa
Lagoa, Faro, Portugal
REF: 895349
€575,000
Description
Charming Portuguese Style Villa with Contemporary Interiors at Gramacho Residences Located just minutes from the picturesque village of Ferragudo, this beautifully designed villa combines traditional Portuguese architecture with modern décor. Situated within the sought-after Gramacho Residences, this property offers a perfect investment opportunity for both rental income and personal enjoyment.
The villa features a spacious living room with a cosy fireplace and a fully equipped kitchen. The master bedroom features a large en-suite bathroom, while two additional bedrooms share a bathroom with an elegant Italian-style shower.
Outside, the property offers a private garden, a swimming pool and a lovely barbecue area, ideal for outdoor entertaining. As a resale property within this prestigious development, it is an excellent option for those looking for a profitable rental investment or a holiday home in a prime location.
Gramacho Residences offers exceptional amenities, including two renowned golf courses - Gramacho and Vale da Pinta - as well as two clubhouses with restaurants and bars. The resort also includes tennis courts and several communal swimming pools, available for the exclusive use of the owners and guests, ensuring a luxurious lifestyle.
Features:
- Location: Located in Gramacho Residences, a few minutes from Ferragudo.
- Design: Traditional Portuguese villa with contemporary décor.
- Living Area: Spacious living room with a cozy fireplace.
- Kitchen: Fully equipped modern kitchen.
- Bedrooms:
- Master bedroom with a large en-suite bathroom.
- Two additional bedrooms with shared bathroom with Italian-style shower.
- External features: Private garden, swimming pool and barbecue for outdoor leisure.
Resort Amenities:
- Two golf courses (Gramacho and Vale da Pinta).
- Two clubs with restaurants and bars
- Tennis courts and several communal pools for owners and guests
- Investment Potential: Resale property within a tourist development, ideal for rental income.
Expenditure:
- Periodic instalment 2024: 17,785.69 (VAT included)
Charming Portuguese Style Villa with Contemporary Interiors at Gramacho Residences Located just minutes from the picturesque village of Ferragudo, this beautifully designed villa combines traditional Portuguese architecture with modern décor. Situated within the sought-after Gramacho Residences, this property offers a perfect investment opportunity for both rental income and personal enjoyment.
The villa features a spacious living room with a cosy fireplace and a fully equipped kitchen. The master bedroom features a large en-suite bathroom, while two additional bedrooms share a bathroom with an elegant Italian-style shower.
Outside, the property offers a private garden, a swimming pool and a lovely barbecue area, ideal for outdoor entertaining. As a resale property within this prestigious development, it is an excellent option for those looking for a profitable rental investment or a holiday home in a prime location.
Gramacho Residences offers exceptional amenities, including two renowned golf courses - Gramacho and Vale da Pinta - as well as two clubhouses with restaurants and bars. The resort also includes tennis courts and several communal swimming pools, available for the exclusive use of the owners and guests, ensuring a luxurious lifestyle.
Features:
- Location: Located in Gramacho Residences, a few minutes from Ferragudo.
- Design: Traditional Portuguese villa with contemporary décor.
- Living Area: Spacious living room with a cozy fireplace.
- Kitchen: Fully equipped modern kitchen.
- Bedrooms:
- Master bedroom with a large en-suite bathroom.
- Two additional bedrooms with shared bathroom with Italian-style shower.
- External features: Private garden, swimming pool and barbecue for outdoor leisure.
Resort Amenities:
- Two golf courses (Gramacho and Vale da Pinta).
- Two clubs with restaurants and bars
- Tennis courts and several communal pools for owners and guests
- Investment Potential: Resale property within a tourist development, ideal for rental income.
Expenditure:
- Periodic instalment 2024: 17,785.69 (VAT included)
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Currency Exchange
Lagoa, 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 €575,000 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 |
|---|---|---|---|
| €575,000 | £473,743 | £494,184 | £20,441 |
| Property Price € | €575,000 |
| Minimum cost in the last six months | £473,743 |
| Maximum cost in the last six months | £494,184 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,441 |
Lagoa, 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 €575,000 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 |
|---|---|---|---|
| €575,000 | £473,743 | £494,184 | £20,441 |
| Property Price € | €575,000 |
| Minimum cost in the last six months | £473,743 |
| Maximum cost in the last six months | £494,184 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,441 |
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 £20,441 more.
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