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Monte Canelas: An Exclusive Bespoke Villa in the Algarve A Rarity in Premium Living Immerse yourself in luxury with this unique opportunity in the Algarve, ideally positioned in a tranquil modern urbanisation between the vibrant towns of Portimão and Lagos
Portimão, Faro, Portugal
REF: 903897
€200,000
Description
Monte Canelas: An Exclusive Bespoke Villa in the Algarve A Rarity in Premium Living Immerse yourself in luxury with this unique opportunity in the Algarve, ideally positioned in a tranquil modern urbanisation between the vibrant towns of Portimão and Lagos. Just a 15-minute drive from pristine beaches, this bespoke villa offers not only a prestigious lifestyle but also privacy and serenity on a spacious 517 m² plot with a 255 m² construction area ready to become your dream home. Property Purchase Options: •Plot and Approved Project Only: €200,000 •Turnkey Villa, Fully Constructed: €790,000 Property Highlights: I. Location Excellence: Situated in a peaceful neighborhood with quick access to essential amenities and beautiful beaches. II. Construction Ready: An approved project with a contractor ready to start ensures a smooth building process and timely completion. III. Design and Craftsmanship: This bespoke villa includes four elegant bedrooms and three luxurious bathrooms with walk-in showers, all crafted to provide a modern, comfortable living space. IV. Advanced Building Materials: Constructed with superb insulation and anti-mould breathable materials, this home promises enhanced comfort and health. V. Outdoor Elegance: A private swimming pool and landscaped gardens offer a serene retreat for relaxation and entertainment. VI. Personalisation Options: Select from a range of customisable extras to make your home truly yours. VII. Modern Conveniences: Features include a fully equipped kitchen, air conditioning, and an eco-friendly heat pump. VIII. Exclusive Opportunity: An exceptional chance to own a luxury bespoke property in a sought-after Algarve location. IX. Ready for Your Vision: With pre-approved plans, you are steps away from creating your upscale, personalised home. Features: •Open-plan kitchen and living area •4+1 bedrooms •3 bathrooms with walk-in showers and underfloor heating •Private parking carport •Equipped kitchen •Double-glazed windows •Large sliding doors to the garden •Heat pump for heating and cooling •Air conditioning •Garden with vertical wall landscaping •Swimming pool •Utility room •2 balconies Discover the epitome of luxury living in the Algarve with Monte Canelas. This is more than just a home; it’s a lifestyle. #ref: 129521
Monte Canelas: An Exclusive Bespoke Villa in the Algarve A Rarity in Premium Living Immerse yourself in luxury with this unique opportunity in the Algarve, ideally positioned in a tranquil modern urbanisation between the vibrant towns of Portimão and Lagos. Just a 15-minute drive from pristine beaches, this bespoke villa offers not only a prestigious lifestyle but also privacy and serenity on a spacious 517 m² plot with a 255 m² construction area ready to become your dream home. Property Purchase Options: •Plot and Approved Project Only: €200,000 •Turnkey Villa, Fully Constructed: €790,000 Property Highlights: I. Location Excellence: Situated in a peaceful neighborhood with quick access to essential amenities and beautiful beaches. II. Construction Ready: An approved project with a contractor ready to start ensures a smooth building process and timely completion. III. Design and Craftsmanship: This bespoke villa includes four elegant bedrooms and three luxurious bathrooms with walk-in showers, all crafted to provide a modern, comfortable living space. IV. Advanced Building Materials: Constructed with superb insulation and anti-mould breathable materials, this home promises enhanced comfort and health. V. Outdoor Elegance: A private swimming pool and landscaped gardens offer a serene retreat for relaxation and entertainment. VI. Personalisation Options: Select from a range of customisable extras to make your home truly yours. VII. Modern Conveniences: Features include a fully equipped kitchen, air conditioning, and an eco-friendly heat pump. VIII. Exclusive Opportunity: An exceptional chance to own a luxury bespoke property in a sought-after Algarve location. IX. Ready for Your Vision: With pre-approved plans, you are steps away from creating your upscale, personalised home. Features: •Open-plan kitchen and living area •4+1 bedrooms •3 bathrooms with walk-in showers and underfloor heating •Private parking carport •Equipped kitchen •Double-glazed windows •Large sliding doors to the garden •Heat pump for heating and cooling •Air conditioning •Garden with vertical wall landscaping •Swimming pool •Utility room •2 balconies Discover the epitome of luxury living in the Algarve with Monte Canelas. This is more than just a home; it’s a lifestyle. #ref: 129521
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Currency Exchange
Portimão, 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 €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 |
|---|---|---|---|
| €200,000 | £165,662 | £171,890 | £6,228 |
| Property Price € | €200,000 |
| Minimum cost in the last six months | £165,662 |
| Maximum cost in the last six months | £171,890 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,228 |
Portimão, 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 €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 |
|---|---|---|---|
| €200,000 | £165,662 | £171,890 | £6,228 |
| Property Price € | €200,000 |
| Minimum cost in the last six months | £165,662 |
| Maximum cost in the last six months | £171,890 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,228 |
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 £6,228 more.
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