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Villa Description of the property This villa located in Vilamoura is very close to the Victoria golf course, in a residential and very quiet area
Quarteira, Faro, Portugal
REF: 895870
€980,000
Description
Villa Description of the property This villa located in Vilamoura is very close to the Victoria golf course, in a residential and very quiet area. The development where this villa is inserted, Villa Des development, privileges the green spaces and the proximity of all the amenities you need. The architecture has traditional features and choice of materials and equipment was thought of in the highest quality, contributing to create a space of comfort. Based on a Mediterranean lifestyle and surrounded by green areas, this condominium also has swimming pools and leisure areas. Located 500 meters from vilamoura international college, seven kilometres from Vilamoura Marina and 25 kilometres from Faro Airport. Property details District Flair County Loulé Trade Block Zone Vilamoura State New Nature Villa Typology T5 Triplex Used area 234sqm Gross Area 360sqm Terrain area 383sqm Year building 2019 Energy Category Sale 980000 EUR Property Features Divisions Bath House 4 Number of floors 3 Total room(s) 5 Surrounding Area Equipment Extra Areas Infrastructure/n
Villa Description of the property This villa located in Vilamoura is very close to the Victoria golf course, in a residential and very quiet area. The development where this villa is inserted, Villa Des development, privileges the green spaces and the proximity of all the amenities you need. The architecture has traditional features and choice of materials and equipment was thought of in the highest quality, contributing to create a space of comfort. Based on a Mediterranean lifestyle and surrounded by green areas, this condominium also has swimming pools and leisure areas. Located 500 meters from vilamoura international college, seven kilometres from Vilamoura Marina and 25 kilometres from Faro Airport. Property details District Flair County Loulé Trade Block Zone Vilamoura State New Nature Villa Typology T5 Triplex Used area 234sqm Gross Area 360sqm Terrain area 383sqm Year building 2019 Energy Category Sale 980000 EUR Property Features Divisions Bath House 4 Number of floors 3 Total room(s) 5 Surrounding Area Equipment Extra Areas Infrastructure/n
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Currency Exchange
Quarteira, 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 €980,000 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 |
|---|---|---|---|
| €980,000 | £811,744 | £842,261 | £30,517 |
| Property Price € | €980,000 |
| Minimum cost in the last six months | £811,744 |
| Maximum cost in the last six months | £842,261 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £30,517 |
Quarteira, 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 €980,000 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 |
|---|---|---|---|
| €980,000 | £811,744 | £842,261 | £30,517 |
| Property Price € | €980,000 |
| Minimum cost in the last six months | £811,744 |
| Maximum cost in the last six months | £842,261 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £30,517 |
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 £30,517 more.
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