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Contemporary style 5-bedroom house, a short distance from Faro airport
Faro, Faro, Portugal
REF: 1003417
€2,200,000
Description
Your New Luxury Retreat in Montenegro, Faro Imagine living in a space where every detail has been designed for your comfort and well-being. In the heart of Montenegro, a modern villa, built in 2019 and recently renovated, is ready to be your new home. An imposing two-and-a-half-meter front door leads to a hall with an indoor garden and a panoramic skylight that floods the space with natural light. The light can be dimmed with a remote-controlled cover. The open-plan social area integrates a fully equipped kitchen with a central island and a spacious living room, creating a perfect environment for socializing. The villa has five bright bedrooms, all with balconies and built-in wardrobes, including a master suite with a spacious walk-in closet, accessed via a glass bridge. Enjoy the comfort of underfloor heating on both floors and electric blinds with central control, ensuring a pleasant environment all year round. Outside, you'll find tranquility and leisure. Relax in the saltwater pool, perfect for sunny days. A multifunctional annex offers various possibilities for use, from a gym to a dining area, and its versatile basement can be transformed into a wine cellar, cinema room, or additional storage space. The villa includes private parking with capacity for five cars, ensuring convenience. The location is one of this property's strengths: just two minutes from Faro International Airport, in Montenegro a quiet area but with excellent access to all essential infrastructure, such as supermarkets, Faro Beach, a private hospital, and the University of Algarve. If you are looking for a house that combines modernity, luxury, comfort, and a strategic location, this is the ideal choice. Don't miss the opportunity to discover this exclusive retreat.
Your New Luxury Retreat in Montenegro, Faro Imagine living in a space where every detail has been designed for your comfort and well-being. In the heart of Montenegro, a modern villa, built in 2019 and recently renovated, is ready to be your new home. An imposing two-and-a-half-meter front door leads to a hall with an indoor garden and a panoramic skylight that floods the space with natural light. The light can be dimmed with a remote-controlled cover. The open-plan social area integrates a fully equipped kitchen with a central island and a spacious living room, creating a perfect environment for socializing. The villa has five bright bedrooms, all with balconies and built-in wardrobes, including a master suite with a spacious walk-in closet, accessed via a glass bridge. Enjoy the comfort of underfloor heating on both floors and electric blinds with central control, ensuring a pleasant environment all year round. Outside, you'll find tranquility and leisure. Relax in the saltwater pool, perfect for sunny days. A multifunctional annex offers various possibilities for use, from a gym to a dining area, and its versatile basement can be transformed into a wine cellar, cinema room, or additional storage space. The villa includes private parking with capacity for five cars, ensuring convenience. The location is one of this property's strengths: just two minutes from Faro International Airport, in Montenegro a quiet area but with excellent access to all essential infrastructure, such as supermarkets, Faro Beach, a private hospital, and the University of Algarve. If you are looking for a house that combines modernity, luxury, comfort, and a strategic location, this is the ideal choice. Don't miss the opportunity to discover this exclusive retreat.
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Currency Exchange
Faro, 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 €2,200,000 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 |
|---|---|---|---|
| €2,200,000 | £1,815,990 | £1,925,704 | £109,714 |
| Property Price € | €2,200,000 |
| Minimum cost in the last six months | £1,815,990 |
| Maximum cost in the last six months | £1,925,704 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £109,714 |
Faro, 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 €2,200,000 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 |
|---|---|---|---|
| €2,200,000 | £1,815,990 | £1,925,704 | £109,714 |
| Property Price € | €2,200,000 |
| Minimum cost in the last six months | £1,815,990 |
| Maximum cost in the last six months | £1,925,704 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £109,714 |
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 £109,714 more.
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