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Contemporary 5 bedroom mansion with pool for sale near the beach in Porches -Algarve
Lagoa, Portugal
REF: 900362
€5,600,000
Description
Contemporary new villa within walking distance to a few of the most amazing beaches in Porches. This Hollywood mansion style property features double height ceilings with lofty glass sliding doors to capture the indoor and outdoor lifestyle. Upon entering the property, the property, you are taken by the open plan living and dining area with a double lighted staircase and fantastic seaviews, large windows opening onto the massive salt swimming pool and outdoor leasure areas and a fully equipped gourmet kitchen. On this ground level there is one en-suite bedroom. On the first level, there are 4 bedrooms en-suite, with balconies and seaviews. The impressive heated salt water pool offers multiple levels and creating a holiday resort feeling, along with the outdoor kitchen and bbq area, covered dining area with sound system, and sitting area with firepit. On the rooftop, there is an expansive area for relaxation equipped with a hot tub and incredible sea views. The gym is located in a separate area of the house in a lower level and there is parking for up to 8 cars. The property is equipped with underfloor heating, air conditioning, smart technology, and electric shutters.
Contemporary new villa within walking distance to a few of the most amazing beaches in Porches. This Hollywood mansion style property features double height ceilings with lofty glass sliding doors to capture the indoor and outdoor lifestyle. Upon entering the property, the property, you are taken by the open plan living and dining area with a double lighted staircase and fantastic seaviews, large windows opening onto the massive salt swimming pool and outdoor leasure areas and a fully equipped gourmet kitchen. On this ground level there is one en-suite bedroom. On the first level, there are 4 bedrooms en-suite, with balconies and seaviews. The impressive heated salt water pool offers multiple levels and creating a holiday resort feeling, along with the outdoor kitchen and bbq area, covered dining area with sound system, and sitting area with firepit. On the rooftop, there is an expansive area for relaxation equipped with a hot tub and incredible sea views. The gym is located in a separate area of the house in a lower level and there is parking for up to 8 cars. The property is equipped with underfloor heating, air conditioning, smart technology, and electric shutters.
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Currency Exchange
Lagoa, 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 €5,600,000 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 |
|---|---|---|---|
| €5,600,000 | £4,638,536 | £4,812,920 | £174,384 |
| Property Price € | €5,600,000 |
| Minimum cost in the last six months | £4,638,536 |
| Maximum cost in the last six months | £4,812,920 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £174,384 |
Lagoa, 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 €5,600,000 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 |
|---|---|---|---|
| €5,600,000 | £4,638,536 | £4,812,920 | £174,384 |
| Property Price € | €5,600,000 |
| Minimum cost in the last six months | £4,638,536 |
| Maximum cost in the last six months | £4,812,920 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £174,384 |
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 £174,384 more.
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