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Stunning 4 bedroom Detached Villa in Montenegro, Faro, in an old orange grove overlooking the Ria Formosa Natural Park and its magical colours, we find the village of "Quinta de Faro" - a unique property of 37 prestigious villas, each with Mediterranean gardens and a private heated swimming pool
Faro, Faro, Portugal
REF: 900004
€2,450,000
Description
Stunning 4 bedroom Detached Villa in Montenegro, Faro, in an old orange grove overlooking the Ria Formosa Natural Park and its magical colours, we find the village of "Quinta de Faro" - a unique property of 37 prestigious villas, each with Mediterranean gardens and a private heated swimming pool. The contemporary architecture of the villas offers large interior spaces and benefits from high quality services and the best materials. Large property with a construction area of 416.9m2 and inserted in a plot with a total area of 1045.7m2, consisting of 2 floors: Ground Floor and Basement. The ground floor of the villa has a generous patio and garden that surrounds the villa, including a swimming pool with 36m2, covered area/pergula with 24.6m2 and patio at the entrance with a seating space and a waterfall. Inside, you will find an entrance hall, office, large living room (40.9m2), dining room, equipped kitchen with storage, 3 en-suite bedrooms, 2 of which will have access to a private closet and, finally, a guest bathroom.In the basement you will find the 4th bedroom en suite, wine cellar, laundry area, gym (21.6m2) and an impressive garage to park up to 3 cars (88.2m2).It will be equipped with solar panels for water heating and built-in air conditioning."Quinta de Faro" is the perfect investment, offering a haven of peace just a few steps from the city centre, the beach and an invitation to dream and let go with its view over the Ria Formosa. You have the freedom to choose the finishes to your liking, enjoy and come and see for yourself.
Stunning 4 bedroom Detached Villa in Montenegro, Faro, in an old orange grove overlooking the Ria Formosa Natural Park and its magical colours, we find the village of "Quinta de Faro" - a unique property of 37 prestigious villas, each with Mediterranean gardens and a private heated swimming pool. The contemporary architecture of the villas offers large interior spaces and benefits from high quality services and the best materials. Large property with a construction area of 416.9m2 and inserted in a plot with a total area of 1045.7m2, consisting of 2 floors: Ground Floor and Basement. The ground floor of the villa has a generous patio and garden that surrounds the villa, including a swimming pool with 36m2, covered area/pergula with 24.6m2 and patio at the entrance with a seating space and a waterfall. Inside, you will find an entrance hall, office, large living room (40.9m2), dining room, equipped kitchen with storage, 3 en-suite bedrooms, 2 of which will have access to a private closet and, finally, a guest bathroom.In the basement you will find the 4th bedroom en suite, wine cellar, laundry area, gym (21.6m2) and an impressive garage to park up to 3 cars (88.2m2).It will be equipped with solar panels for water heating and built-in air conditioning."Quinta de Faro" is the perfect investment, offering a haven of peace just a few steps from the city centre, the beach and an invitation to dream and let go with its view over the Ria Formosa. You have the freedom to choose the finishes to your liking, enjoy and come and see for yourself.
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Currency Exchange
Faro, 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 €2,450,000 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 |
|---|---|---|---|
| €2,450,000 | £2,018,555 | £2,105,653 | £87,098 |
| Property Price € | €2,450,000 |
| Minimum cost in the last six months | £2,018,555 |
| Maximum cost in the last six months | £2,105,653 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £87,098 |
Faro, 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 €2,450,000 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 |
|---|---|---|---|
| €2,450,000 | £2,018,555 | £2,105,653 | £87,098 |
| Property Price € | €2,450,000 |
| Minimum cost in the last six months | £2,018,555 |
| Maximum cost in the last six months | £2,105,653 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £87,098 |
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 £87,098 more.
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