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PORTUGAL - ALGARVE - PARCHAL Exceptional luxury house in Parchal – A real dream to discover! Come and discover this modern and contemporary 4-storey house with a breathtaking view of the Arade River, located in a quiet and sought-after area of Parchal
Lagoa (Algarve), Faro, Portugal
REF: 946963
€900,000
Description
PORTUGAL - ALGARVE - PARCHAL Exceptional luxury house in Parchal – A real dream to discover! Come and discover this modern and contemporary 4-storey house with a breathtaking view of the Arade River, located in a quiet and sought-after area of Parchal. A real rare gem that combines elegant design and absolute comfort. Features: • 4 floors offering great flexibility of use, from the swimming pool to the panoramic terrace. • T3 + 1, comprising 3 bedrooms with built-in wardrobes, and an office that can be transformed into an additional bedroom. • Open kitchen and spacious dining room, ideal for your meals with family or friends. • Gigantic basement with access to the swimming pool and views of the river, which can be transformed into a games room, gym or home cinema. • Panoramic terrace to enjoy moments of relaxation outdoors, with a breathtaking view of the Arade River. With 427 m² of total surface area and 322 m² of usable surface area, this property is perfect for those looking for tranquility, proximity to services and beaches. Ideal for a main residence or a rental opportunity for those wishing to invest. The pluses: • Modern and high-end architecture. • Luxurious finishes in each room. • Quiet location, close to all amenities. Don't miss the opportunity to visit this exceptional house and discover an incomparable living environment. Come and discover it quickly and let yourself be seduced! #ref: 138049
PORTUGAL - ALGARVE - PARCHAL Exceptional luxury house in Parchal – A real dream to discover! Come and discover this modern and contemporary 4-storey house with a breathtaking view of the Arade River, located in a quiet and sought-after area of Parchal. A real rare gem that combines elegant design and absolute comfort. Features: • 4 floors offering great flexibility of use, from the swimming pool to the panoramic terrace. • T3 + 1, comprising 3 bedrooms with built-in wardrobes, and an office that can be transformed into an additional bedroom. • Open kitchen and spacious dining room, ideal for your meals with family or friends. • Gigantic basement with access to the swimming pool and views of the river, which can be transformed into a games room, gym or home cinema. • Panoramic terrace to enjoy moments of relaxation outdoors, with a breathtaking view of the Arade River. With 427 m² of total surface area and 322 m² of usable surface area, this property is perfect for those looking for tranquility, proximity to services and beaches. Ideal for a main residence or a rental opportunity for those wishing to invest. The pluses: • Modern and high-end architecture. • Luxurious finishes in each room. • Quiet location, close to all amenities. Don't miss the opportunity to visit this exceptional house and discover an incomparable living environment. Come and discover it quickly and let yourself be seduced! #ref: 138049
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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 €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 | £761,481 | £19,971 |
| Property Price € | €900,000 |
| Minimum cost in the last six months | £741,510 |
| Maximum cost in the last six months | £761,481 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,971 |
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 €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 | £761,481 | £19,971 |
| Property Price € | €900,000 |
| Minimum cost in the last six months | £741,510 |
| Maximum cost in the last six months | £761,481 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,971 |
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 £19,971 more.
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