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Lumina Villas: A Luxurious Algarve Retreat Discover Lumina Villas, a stunning residential complex nestled in the picturesque Carvoeiro region of the Algarve, Portugal
Lagoa (Algarve), Faro, Portugal
REF: 903890
€405,000
Description
Lumina Villas: A Luxurious Algarve Retreat Discover Lumina Villas, a stunning residential complex nestled in the picturesque Carvoeiro region of the Algarve, Portugal. This exclusive development offers 58 semi-detached houses, each boasting 153 square meters of modern living space spread across three floors. Key Features: - Prime Location: Enjoy the beauty of Carvoeiro, a renowned destination for its Algarvian charm, beach, restaurants and lively vibe. - Spacious Homes: Choose from T2 and T2+1 layouts, perfect for families or investors. - Luxurious Amenities: Relax by the swimming pool, enjoy a refreshing drink at the bar, or let the kids play in the playground. - Investment Opportunity: With rental income potential and the possibility to add a private plunge pool, Lumina Villas is an excellent investment. Property Details: - Ground Floor: Open-plan kitchen, spacious living room with direct garden access, and a guest bathroom. - First Floor: Two bedrooms, one bathroom, and a large terrace. - Basement: Versatile multipurpose room with a bathroom, ideal for a master bedroom or additional living space. - Modern Amenities: Air conditioning, private parking, ample storage, and the option to purchase fully furnished, making them ready to move in or to rent out. - Outdoor living: Each villa features a beautifully landscaped garden, perfect for enjoying the Algarve's sunny climate. - Energy Certificate B Nearby Attractions: Downtown Carvoeiro: Just a 14-minute walk away. Shopping: Apolónia and Intermarché supermarkets within a 5-minute drive. Education: Noble International School is 10 minutes away. ️Beach: Enjoy the sun and sand at the beach, only 3 minutes by car. ⛳Golf: Tee off at one of the nearby golf courses, 7 minutes away. Prices for Lumina Villas offer exceptional value for such a prime location and high-quality homes. Furniture package is optional and is €26,000. Contact us today to schedule a viewing and secure your dream home in Carvoeiro. #ref: 129867
Lumina Villas: A Luxurious Algarve Retreat Discover Lumina Villas, a stunning residential complex nestled in the picturesque Carvoeiro region of the Algarve, Portugal. This exclusive development offers 58 semi-detached houses, each boasting 153 square meters of modern living space spread across three floors. Key Features: - Prime Location: Enjoy the beauty of Carvoeiro, a renowned destination for its Algarvian charm, beach, restaurants and lively vibe. - Spacious Homes: Choose from T2 and T2+1 layouts, perfect for families or investors. - Luxurious Amenities: Relax by the swimming pool, enjoy a refreshing drink at the bar, or let the kids play in the playground. - Investment Opportunity: With rental income potential and the possibility to add a private plunge pool, Lumina Villas is an excellent investment. Property Details: - Ground Floor: Open-plan kitchen, spacious living room with direct garden access, and a guest bathroom. - First Floor: Two bedrooms, one bathroom, and a large terrace. - Basement: Versatile multipurpose room with a bathroom, ideal for a master bedroom or additional living space. - Modern Amenities: Air conditioning, private parking, ample storage, and the option to purchase fully furnished, making them ready to move in or to rent out. - Outdoor living: Each villa features a beautifully landscaped garden, perfect for enjoying the Algarve's sunny climate. - Energy Certificate B Nearby Attractions: Downtown Carvoeiro: Just a 14-minute walk away. Shopping: Apolónia and Intermarché supermarkets within a 5-minute drive. Education: Noble International School is 10 minutes away. ️Beach: Enjoy the sun and sand at the beach, only 3 minutes by car. ⛳Golf: Tee off at one of the nearby golf courses, 7 minutes away. Prices for Lumina Villas offer exceptional value for such a prime location and high-quality homes. Furniture package is optional and is €26,000. Contact us today to schedule a viewing and secure your dream home in Carvoeiro. #ref: 129867
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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 €405,000 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 |
|---|---|---|---|
| €405,000 | £333,680 | £348,077 | £14,398 |
| Property Price € | €405,000 |
| Minimum cost in the last six months | £333,680 |
| Maximum cost in the last six months | £348,077 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,398 |
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 €405,000 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 |
|---|---|---|---|
| €405,000 | £333,680 | £348,077 | £14,398 |
| Property Price € | €405,000 |
| Minimum cost in the last six months | £333,680 |
| Maximum cost in the last six months | £348,077 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,398 |
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 £14,398 more.
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