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Luxury 2-bedrooms, 3 bathrooms apartments with sea views for sale in Vila Nova de Cecela, East Algarve from 900,000
Vila Real de Santo António, Faro, Portugal, 8900-049
REF: 913335
€900,000
Description
Monte Rei Golf & Country Club offers an exquisite range of luxury properties, with spectacular views of the Serra do Caldeirão Mountains to the north and the Atlantic Ocean to the south. The Clubhouse Residences are uniquely located near the Clubhouse in beautifully landscaped gardens with a large communal swimming pool and fully equipped private gymnasium and spa facilities.
Each luxuriously finished apartment for sale is designed and built to the very highest standards and features floor-to-ceiling windows that fill the interiors with light and afford breath-taking views over the lake and golf course towards the ocean. The spacious, open-plan living/dining area extends outdoors onto a large, covered terrace; the kitchen is fully equipped; and two generously sized double-bedroom suites, each have their own dressing area, en-suite bathroom with underfloor heating and private terrace. All apartments have underground parking, dedicated fibreoptic broadband, air conditioning, mains electricity and water, and solar panels for heating water. In addition, residents benefit from 24-hour security, a 24/7 concierge service, preferential and discounted access to the golf facilities and restaurants (including the Michelin-starred Vistas Rui Silvestre), housekeeping and property management services.
For those looking to invest in real estate in the Algarve, Monte Rei offers the opportunity of a guaranteed 4% ROI for the first four years of ownership, making these apartments an extraordinary opportunity to purchase an exclusive property for your primary residence, holiday home or rental investment.
This property is presented by Quintas and Casas, voted the best boutique real estate agency in Portugal in 2024.
Monte Rei Golf & Country Club offers an exquisite range of luxury properties, with spectacular views of the Serra do Caldeirão Mountains to the north and the Atlantic Ocean to the south. The Clubhouse Residences are uniquely located near the Clubhouse in beautifully landscaped gardens with a large communal swimming pool and fully equipped private gymnasium and spa facilities.
Each luxuriously finished apartment for sale is designed and built to the very highest standards and features floor-to-ceiling windows that fill the interiors with light and afford breath-taking views over the lake and golf course towards the ocean. The spacious, open-plan living/dining area extends outdoors onto a large, covered terrace; the kitchen is fully equipped; and two generously sized double-bedroom suites, each have their own dressing area, en-suite bathroom with underfloor heating and private terrace. All apartments have underground parking, dedicated fibreoptic broadband, air conditioning, mains electricity and water, and solar panels for heating water. In addition, residents benefit from 24-hour security, a 24/7 concierge service, preferential and discounted access to the golf facilities and restaurants (including the Michelin-starred Vistas Rui Silvestre), housekeeping and property management services.
For those looking to invest in real estate in the Algarve, Monte Rei offers the opportunity of a guaranteed 4% ROI for the first four years of ownership, making these apartments an extraordinary opportunity to purchase an exclusive property for your primary residence, holiday home or rental investment.
This property is presented by Quintas and Casas, voted the best boutique real estate agency in Portugal in 2024.
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Currency Exchange
Vila Real de Santo António, Faro, Portugal, 8900-049
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 €900,000 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 |
|---|---|---|---|
| €900,000 | £741,510 | £773,505 | £31,995 |
| Property Price € | €900,000 |
| Minimum cost in the last six months | £741,510 |
| Maximum cost in the last six months | £773,505 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £31,995 |
Vila Real de Santo António, Faro, Portugal, 8900-049
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 €900,000 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 |
|---|---|---|---|
| €900,000 | £741,510 | £773,505 | £31,995 |
| Property Price € | €900,000 |
| Minimum cost in the last six months | £741,510 |
| Maximum cost in the last six months | £773,505 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £31,995 |
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 £31,995 more.
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