3+2 bedroom detached villa with modern architecture, located in a residential area in Montenegro, Faro

Faro, Faro, Portugal, 8005-261

For Sale

€747,000

REF: 913485 €747,000


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Description

Inserted in a very quiet urbanisation with only houses, this 2-storey + basement villa has generous areas and is very functional. On the ground floor, there's a hallway leading to a huge living room where you'll find the dining room on different levels and down a few steps to the living room with a fireplace with wood burning stove and 2 large windows with access to the front of the house, a bathroom, a spacious, modern, fully equipped kitchen with lots of storage and an exit to the outside, as well as a very functional laundry room.

The rear patio offers a leisure area and barbecue area. Upstairs you'll find a hallway leading to the 3 bedrooms, one of which is en suite with a dressing room and a bathroom to support the other 2 bedrooms. One of the bedrooms has a wooden mezzanine where you can create a space reserved for the creation and imagination of the little ones.

All the bedrooms have built-in wardrobes and access to a large communal terrace. In the basement there is a large cinema room with a large wardrobe, a bathroom and a room currently used as a study with plenty of light and storage. Garage for 3 cars with electric gate with easy reverse control. In terms of equipment we can count on central vacuum, ceramic flooring throughout the villa and floating wood in the bedrooms, double glazing, mosquito nets, air conditioning in the living room, kitchen and bedrooms, solar panel with two panels and a 300 litre water heating tank. This villa offers comfort and quality of life and services close by: New Algarve Private Hospital 2.6 kms, about 1 km from schools, supermarkets, 5.5kms from Faro Beach, Faro City 1.4km, Faro Airport 3km. This property is presented by Quintas e Casas, voted the best real estate agency in Portugal in 2024.
Inserted in a very quiet urbanisation with only houses, this 2-storey + basement villa has generous areas and is very functional. On the ground floor, there's a hallway leading to a huge living room where you'll find the dining room on different levels and down a few steps to the living room with a fireplace with wood burning stove and 2 large windows with access to the front of the house, a bathroom, a spacious, modern, fully equipped kitchen with lots of storage and an exit to the outside, as well as a very functional laundry room.

The rear patio offers a leisure area and barbecue area. Upstairs you'll find a hallway leading to the 3 bedrooms, one of which is en suite with a dressing room and a bathroom to support the other 2 bedrooms. One of the bedrooms has a wooden mezzanine where you can create a space reserved for the creation and imagination of the little ones.

All the bedrooms have built-in wardrobes and access to a large communal terrace. In the basement there is a large cinema room with a large wardrobe, a bathroom and a room currently used as a study with plenty of light and storage. Garage for 3 cars with electric gate with easy reverse control. In terms of equipment we can count on central vacuum, ceramic flooring throughout the villa and floating wood in the bedrooms, double glazing, mosquito nets, air conditioning in the living room, kitchen and bedrooms, solar panel with two panels and a 300 litre water heating tank. This villa offers comfort and quality of life and services close by: New Algarve Private Hospital 2.6 kms, about 1 km from schools, supermarkets, 5.5kms from Faro Beach, Faro City 1.4km, Faro Airport 3km. This property is presented by Quintas e Casas, voted the best real estate agency in Portugal in 2024.
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#Medronheiro

Currency Exchange

Faro, Faro, Portugal, 8005-261

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 €747,000 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
€747,000 £615,453 £642,009 £26,556
Property Price € €747,000
Minimum cost in the last six months £615,453
Maximum cost in the last six months £642,009
Fluctuating exchange rates over the last six months could have increased the cost of this property by £26,556

Faro, Faro, Portugal, 8005-261

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 €747,000 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
€747,000 £615,453 £642,009 £26,556
Property Price € €747,000
Minimum cost in the last six months £615,453
Maximum cost in the last six months £642,009
Fluctuating exchange rates over the last six months could have increased the cost of this property by £26,556

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 £26,556 more.

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