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Unveiling Hibiscus Garden: Your Luxurious Algarve Retreat Nestled amidst the picturesque Carvoeiro region, Hibiscus Garden beckons you to experience Algarve living at its finest
Lagoa (Algarve), Faro, Portugal
REF: 903877
€401,700
Description
Unveiling Hibiscus Garden: Your Luxurious Algarve Retreat Nestled amidst the picturesque Carvoeiro region, Hibiscus Garden beckons you to experience Algarve living at its finest. This stunning resort complex of 39 dwellings offers a luxurious escape, perfect for families, investors, or those seeking a second home. ✴️ Indulge in Modern Comfort These magnificent T2 semi-detached properties boast 2 bedrooms, 2 bathrooms, and a spacious living area that seamlessly connects to a private garden (ranging from 59 to 139 sqm). Unwind on your rooftop terrace, soak up the Algarve sunshine, or take a refreshing dip in one of the three sparkling pools within the gated community. ✴️ Investment Potential Hibiscus Garden presents an exceptional investment opportunity. With options for both main and secondary residences, or complete investment properties, you can choose the path that best suits your needs. Expected net returns range from EUR 15,756 (3.7%) to EUR 25,271 (5.9%) annually, offering a compelling financial advantage (proforma available upon request) ✴️ Unwind in Style The resort boasts a plethora of amenities to cater to your every desire. Relax by the pool and enjoy a delicious meal at the on-site restaurant. For added convenience, 24-hour reception and secure parking are also available.Condominium fees are ~EUR 330/month ✴️ Explore the Environs Carvoeiro's charm awaits just a short stroll away. Discover a vibrant atmosphere, delectable restaurants, and pristine beaches – all within easy reach. Nearby attractions include supermarkets, international schools, championship golf courses, and of course, the captivating Algarve coastline. ✴️ Embrace Your Dream These modern villas come fully equipped with air conditioning, ample storage, and the option for a furniture pack (~EUR 35,000), ensuring a seamless move-in experience. Each property boasts a beautifully landscaped garden and a rooftop terrace, inviting you to embrace the Algarve's idyllic climate. Energy Certificate B-. Don't Miss Out! Contact us today to schedule a viewing and secure your dream home at Hibiscus Garden. Start living the Algarve lifestyle you deserve! #ref: 129876
Unveiling Hibiscus Garden: Your Luxurious Algarve Retreat Nestled amidst the picturesque Carvoeiro region, Hibiscus Garden beckons you to experience Algarve living at its finest. This stunning resort complex of 39 dwellings offers a luxurious escape, perfect for families, investors, or those seeking a second home. ✴️ Indulge in Modern Comfort These magnificent T2 semi-detached properties boast 2 bedrooms, 2 bathrooms, and a spacious living area that seamlessly connects to a private garden (ranging from 59 to 139 sqm). Unwind on your rooftop terrace, soak up the Algarve sunshine, or take a refreshing dip in one of the three sparkling pools within the gated community. ✴️ Investment Potential Hibiscus Garden presents an exceptional investment opportunity. With options for both main and secondary residences, or complete investment properties, you can choose the path that best suits your needs. Expected net returns range from EUR 15,756 (3.7%) to EUR 25,271 (5.9%) annually, offering a compelling financial advantage (proforma available upon request) ✴️ Unwind in Style The resort boasts a plethora of amenities to cater to your every desire. Relax by the pool and enjoy a delicious meal at the on-site restaurant. For added convenience, 24-hour reception and secure parking are also available.Condominium fees are ~EUR 330/month ✴️ Explore the Environs Carvoeiro's charm awaits just a short stroll away. Discover a vibrant atmosphere, delectable restaurants, and pristine beaches – all within easy reach. Nearby attractions include supermarkets, international schools, championship golf courses, and of course, the captivating Algarve coastline. ✴️ Embrace Your Dream These modern villas come fully equipped with air conditioning, ample storage, and the option for a furniture pack (~EUR 35,000), ensuring a seamless move-in experience. Each property boasts a beautifully landscaped garden and a rooftop terrace, inviting you to embrace the Algarve's idyllic climate. Energy Certificate B-. Don't Miss Out! Contact us today to schedule a viewing and secure your dream home at Hibiscus Garden. Start living the Algarve lifestyle you deserve! #ref: 129876
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Currency Exchange
Lagoa (Algarve), 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 €401,700 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 |
|---|---|---|---|
| €401,700 | £330,961 | £345,241 | £14,280 |
| Property Price € | €401,700 |
| Minimum cost in the last six months | £330,961 |
| Maximum cost in the last six months | £345,241 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,280 |
Lagoa (Algarve), 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 €401,700 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 |
|---|---|---|---|
| €401,700 | £330,961 | £345,241 | £14,280 |
| Property Price € | €401,700 |
| Minimum cost in the last six months | £330,961 |
| Maximum cost in the last six months | £345,241 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,280 |
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 £14,280 more.
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