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Size and Living Space: With over 450sqm of living space, the villa offers ample room for entertaining, comfort and spacious living
São Clemente, Faro, Portugal
REF: 895701
€995,000
Description
Size and Living Space: With over 450sqm of living space, the villa offers ample room for entertaining, comfort and spacious living. The expansive ceilings add a sense of grandeur and openness to the interior. Ocean Views: The inclusion of ocean views enhances the property's appeal, providing a picturesque backdrop and creating a serene atmosphere. Swimming Pools: Two swimming pools, including an infinity-edge pool, offer both relaxation and a touch of elegance. The infinity pool, in particular, adds a sophisticated visual element and contributes to the overall luxurious feel. Bathrooms: With 5.5 bathrooms, residents and guests can enjoy privacy and convenience. High-end fixtures and finishes can further enhance the luxury of these spaces. Outdoor Kitchen: An outdoor kitchen is a fantastic addition, providing an opportunity for al fresco dining and entertaining while enjoying the beautiful surroundings. Elevator: The inclusion of an elevator adds practicality and accessibility, making it easier for residents to navigate the different levels of the villa, especially for those with mobility concerns. Basement: The 300sqm basement (in addition to the 450sqm home) offers versatile space for a home cinema, gym, or parking for 6-8 vehicles. This adds significant value and flexibility to the property. Architectural Design: The exceptional design by renowned architect Vasco Vieira adds prestige to the property. Renowned architects often bring unique and innovative designs, making the villa a piece of art in addition to a luxurious residence. Loule Camara Approval: The fact that the project has full approval from Loule Camara adds a level of assurance and credibility to the property, ensuring that it meets local regulations and standards.
Size and Living Space: With over 450sqm of living space, the villa offers ample room for entertaining, comfort and spacious living. The expansive ceilings add a sense of grandeur and openness to the interior. Ocean Views: The inclusion of ocean views enhances the property's appeal, providing a picturesque backdrop and creating a serene atmosphere. Swimming Pools: Two swimming pools, including an infinity-edge pool, offer both relaxation and a touch of elegance. The infinity pool, in particular, adds a sophisticated visual element and contributes to the overall luxurious feel. Bathrooms: With 5.5 bathrooms, residents and guests can enjoy privacy and convenience. High-end fixtures and finishes can further enhance the luxury of these spaces. Outdoor Kitchen: An outdoor kitchen is a fantastic addition, providing an opportunity for al fresco dining and entertaining while enjoying the beautiful surroundings. Elevator: The inclusion of an elevator adds practicality and accessibility, making it easier for residents to navigate the different levels of the villa, especially for those with mobility concerns. Basement: The 300sqm basement (in addition to the 450sqm home) offers versatile space for a home cinema, gym, or parking for 6-8 vehicles. This adds significant value and flexibility to the property. Architectural Design: The exceptional design by renowned architect Vasco Vieira adds prestige to the property. Renowned architects often bring unique and innovative designs, making the villa a piece of art in addition to a luxurious residence. Loule Camara Approval: The fact that the project has full approval from Loule Camara adds a level of assurance and credibility to the property, ensuring that it meets local regulations and standards.
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Currency Exchange
São Clemente, 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 €995,000 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 |
|---|---|---|---|
| €995,000 | £827,721 | £856,317 | £28,596 |
| Property Price € | €995,000 |
| Minimum cost in the last six months | £827,721 |
| Maximum cost in the last six months | £856,317 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £28,596 |
São Clemente, 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 €995,000 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 |
|---|---|---|---|
| €995,000 | £827,721 | £856,317 | £28,596 |
| Property Price € | €995,000 |
| Minimum cost in the last six months | £827,721 |
| Maximum cost in the last six months | £856,317 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £28,596 |
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 £28,596 more.
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