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Contemporary cliff top villa with stunning sea views
Albufeira, Faro, Portugal, 8200-310 Albufeira
REF: 321827
€2,950,000
Description
This magnificent property has four en-suite bedrooms and is set on a clifftop with the most spectacular sea views; it is only a few minutes by car from the town centre and beautiful beaches. This magnificent property has four en-suite bedrooms and is set on a clifftop with the most spectacular sea views; it is only a few minutes by car from the town centre and beautiful beaches and within fifteen to twenty minutes drive you will find some of the best golf courses in the Algarve.
The original property, built in the '60s, has recently been totally reconstructed in contemporary style, with top quality finishes, taking full advantage of the spectacular view with the open plan living area and all rooms having large windows and patio doors to an amazing stone, south-facing terrace, and the infinity pool. A fabulous master suite occupies the first floor and enjoys a private terrace. This is a very spacious property, full of sunlight and with all the modern comforts needed as a residence or holiday home.
This magnificent property has four en-suite bedrooms and is set on a clifftop with the most spectacular sea views; it is only a few minutes by car from the town centre and beautiful beaches. This magnificent property has four en-suite bedrooms and is set on a clifftop with the most spectacular sea views; it is only a few minutes by car from the town centre and beautiful beaches and within fifteen to twenty minutes drive you will find some of the best golf courses in the Algarve.
The original property, built in the '60s, has recently been totally reconstructed in contemporary style, with top quality finishes, taking full advantage of the spectacular view with the open plan living area and all rooms having large windows and patio doors to an amazing stone, south-facing terrace, and the infinity pool. A fabulous master suite occupies the first floor and enjoys a private terrace. This is a very spacious property, full of sunlight and with all the modern comforts needed as a residence or holiday home.
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Currency Exchange
Albufeira, Faro, Portugal, 8200-310 Albufeira
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 €2,950,000 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 |
|---|---|---|---|
| €2,950,000 | £2,509,536 | £2,585,793 | £76,258 |
| Property Price € | €2,950,000 |
| Minimum cost in the last six months | £2,509,536 |
| Maximum cost in the last six months | £2,585,793 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £76,258 |
Albufeira, Faro, Portugal, 8200-310 Albufeira
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 €2,950,000 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 |
|---|---|---|---|
| €2,950,000 | £2,509,536 | £2,585,793 | £76,258 |
| Property Price € | €2,950,000 |
| Minimum cost in the last six months | £2,509,536 |
| Maximum cost in the last six months | £2,585,793 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £76,258 |
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 £76,258 more.
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