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Located in Vale D’Eguas, Almancil, Algarve, this under-construction home is a fantastic opportunity for those seeking a modern and stylish residence
Loulé, Faro, Portugal
REF: 899138
€2,200,000
Description
Located in Vale D’Eguas, Almancil, Algarve, this under-construction home is a fantastic opportunity for those seeking a modern and stylish residence. With contemporary architecture and a design that maximizes natural light through high ceilings and floor-to-ceiling windows, this house offers stunning views of the sea and surrounding nature. Featuring 4 bedrooms, an interior area of 448m², and 4450m² of outdoor space, the property includes a garden, private pool, garage for 3 cars, covered parking for 2 cars, and a rooftop lounge with panoramic views, accessible by elevator. With high-quality finishes, the house will be ready to move into by June 2025. The location is ideal, just 5 minutes from Almancil’s center, 10 minutes from Quinta do Lago and Vale do Lobo, 15 minutes from Vilamoura, and 20 minutes from Faro International Airport. An excellent opportunity for those looking to live in comfort, luxury, and with breathtaking views! #ref: 129328
Located in Vale D’Eguas, Almancil, Algarve, this under-construction home is a fantastic opportunity for those seeking a modern and stylish residence. With contemporary architecture and a design that maximizes natural light through high ceilings and floor-to-ceiling windows, this house offers stunning views of the sea and surrounding nature. Featuring 4 bedrooms, an interior area of 448m², and 4450m² of outdoor space, the property includes a garden, private pool, garage for 3 cars, covered parking for 2 cars, and a rooftop lounge with panoramic views, accessible by elevator. With high-quality finishes, the house will be ready to move into by June 2025. The location is ideal, just 5 minutes from Almancil’s center, 10 minutes from Quinta do Lago and Vale do Lobo, 15 minutes from Vilamoura, and 20 minutes from Faro International Airport. An excellent opportunity for those looking to live in comfort, luxury, and with breathtaking views! #ref: 129328
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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 €2,200,000 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 |
|---|---|---|---|
| €2,200,000 | £1,830,136 | £1,893,364 | £63,228 |
| Property Price € | €2,200,000 |
| Minimum cost in the last six months | £1,830,136 |
| Maximum cost in the last six months | £1,893,364 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £63,228 |
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 €2,200,000 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 |
|---|---|---|---|
| €2,200,000 | £1,830,136 | £1,893,364 | £63,228 |
| Property Price € | €2,200,000 |
| Minimum cost in the last six months | £1,830,136 |
| Maximum cost in the last six months | £1,893,364 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £63,228 |
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 £63,228 more.
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