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Monte Canelas: A Customizable Modern Home in the Algarve Your Dream Villa in a Prime Location Discover a unique opportunity to own a home in one of the most desirable areas of the Algarve
Portimão, Faro, Portugal
REF: 934650
€495,000
Description
Monte Canelas: A Customizable Modern Home in the Algarve Your Dream Villa in a Prime Location Discover a unique opportunity to own a home in one of the most desirable areas of the Algarve. Monte Canelas offers the perfect balance between tranquility and accessibility, situated in a peaceful, modern urbanization just 15 minutes from some of the region’s most stunning beaches. Flexible Purchase Options Plot + Approved Project: €200,000 Turnkey T3 Bungalow: €495,000 Key Features of the Property - Prime Location: Enjoy the serenity of a well-established community while being just a short drive from the vibrant cities of Portimão and Lagos. - Ready-to-Build: The plot comes with an approved project and a trusted construction partner, ensuring a smooth and timely process. - Modern, Single-Level Living: The new design features a spacious and practical layout, perfect for those who prefer ground-floor living. - High-Quality Construction: Built with energy-efficient, breathable materials for better insulation, mold resistance, and lasting durability. - Outdoor Luxury: Private garden and pool, ideal for relaxation and entertainment. - Personalization Options: Choose from a variety of finishing styles to make the home truly your own. - Sustainable & Comfortable: Equipped with air conditioning, a heat pump, and an eco-friendly building approach. Whether you’re looking for a turnkey home or a ready-to-build plot with an approved project, Monte Canelas offers an unparalleled opportunity to own a modern villa in the heart of the Algarve. Contact us today for more details and to schedule a viewing! #ref: 135656
Monte Canelas: A Customizable Modern Home in the Algarve Your Dream Villa in a Prime Location Discover a unique opportunity to own a home in one of the most desirable areas of the Algarve. Monte Canelas offers the perfect balance between tranquility and accessibility, situated in a peaceful, modern urbanization just 15 minutes from some of the region’s most stunning beaches. Flexible Purchase Options Plot + Approved Project: €200,000 Turnkey T3 Bungalow: €495,000 Key Features of the Property - Prime Location: Enjoy the serenity of a well-established community while being just a short drive from the vibrant cities of Portimão and Lagos. - Ready-to-Build: The plot comes with an approved project and a trusted construction partner, ensuring a smooth and timely process. - Modern, Single-Level Living: The new design features a spacious and practical layout, perfect for those who prefer ground-floor living. - High-Quality Construction: Built with energy-efficient, breathable materials for better insulation, mold resistance, and lasting durability. - Outdoor Luxury: Private garden and pool, ideal for relaxation and entertainment. - Personalization Options: Choose from a variety of finishing styles to make the home truly your own. - Sustainable & Comfortable: Equipped with air conditioning, a heat pump, and an eco-friendly building approach. Whether you’re looking for a turnkey home or a ready-to-build plot with an approved project, Monte Canelas offers an unparalleled opportunity to own a modern villa in the heart of the Algarve. Contact us today for more details and to schedule a viewing! #ref: 135656
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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 €495,000 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 |
|---|---|---|---|
| €495,000 | £407,831 | £418,815 | £10,984 |
| Property Price € | €495,000 |
| Minimum cost in the last six months | £407,831 |
| Maximum cost in the last six months | £418,815 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,984 |
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 €495,000 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 |
|---|---|---|---|
| €495,000 | £407,831 | £418,815 | £10,984 |
| Property Price € | €495,000 |
| Minimum cost in the last six months | £407,831 |
| Maximum cost in the last six months | £418,815 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,984 |
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 £10,984 more.
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