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Luxury new two bedroom apartment
Loulé, Faro, Portugal, 8125-401
REF: 956907
€1,100,000
Description
Luxurious T2 penthouse in Vilamoura with stunning views, high-end finishes, parking, private storage, and exclusive amenities like pools, gym, and gardens. Luxurious T2 top floor apartment with a total area of 143m , two parking spaces, and a private storage room, offering fantastic views of the Vilamoura Environmental Park, Golf Course, and Marina. Situated in a private luxury condominium, designed by the renowned SARAIVA + ASSOCIADOS studio and built by one of the most recognized and prestigious national developers. Comprising a set of 53 apartments spread across two buildings, the property stands out for its high-quality finishes, including LED lighting, full-height doors with hidden hinges, wall-hung fixtures with built-in faucets, oak laminate flooring, internal blackout systems, and external shading systems. It features central air conditioning, underfloor heating in the bathrooms, and home automation with central control. Alarm system included. Additional highlights include spacious rooms and generous balconies, an elegant and distinguished entrance hall, heated indoor pool, gym, massage room, lounge/co-working room, outdoor pools, and private gardens.
Excellent investment opportunity!!
Luxurious T2 penthouse in Vilamoura with stunning views, high-end finishes, parking, private storage, and exclusive amenities like pools, gym, and gardens. Luxurious T2 top floor apartment with a total area of 143m , two parking spaces, and a private storage room, offering fantastic views of the Vilamoura Environmental Park, Golf Course, and Marina. Situated in a private luxury condominium, designed by the renowned SARAIVA + ASSOCIADOS studio and built by one of the most recognized and prestigious national developers. Comprising a set of 53 apartments spread across two buildings, the property stands out for its high-quality finishes, including LED lighting, full-height doors with hidden hinges, wall-hung fixtures with built-in faucets, oak laminate flooring, internal blackout systems, and external shading systems. It features central air conditioning, underfloor heating in the bathrooms, and home automation with central control. Alarm system included. Additional highlights include spacious rooms and generous balconies, an elegant and distinguished entrance hall, heated indoor pool, gym, massage room, lounge/co-working room, outdoor pools, and private gardens.
Excellent investment opportunity!!
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Currency Exchange
Loulé, Faro, Portugal, 8125-401
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 €1,100,000 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 |
|---|---|---|---|
| €1,100,000 | £906,290 | £954,899 | £48,609 |
| Property Price € | €1,100,000 |
| Minimum cost in the last six months | £906,290 |
| Maximum cost in the last six months | £954,899 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £48,609 |
Loulé, Faro, Portugal, 8125-401
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 €1,100,000 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 |
|---|---|---|---|
| €1,100,000 | £906,290 | £954,899 | £48,609 |
| Property Price € | €1,100,000 |
| Minimum cost in the last six months | £906,290 |
| Maximum cost in the last six months | £954,899 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £48,609 |
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 £48,609 more.
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