Luxury T6 detached villa with pool and views of the Ria Formosa, with a privileged location in Montenegro, Faro

Faro, Faro, Portugal

For Sale

€1,140,000

REF: 529215 €1,140,000


6

6


400 m2

400 m2

Description

Luxury T6 detached villa with pool and views of the Ria Formosa, with a privileged location in Montenegro, Faro. Inserted in a new condominium with 33 luxury villas in the middle of nature. The villas with individual pools, are built with high quality finishes and materials, will enjoy generous areas and natural light in all divisions.

In this construction all the details are present, having a modern architectural style, which consists of 2 floors + basement and individual terrace, with living/dining room, open plan and fully equipped kitchen, 6 bedrooms, 4 of them in suites and 6 bathrooms. On top of the villas, a large terrace with a social area, unobstructed, panoramic views of the Ria and City of Faro..

Outside each villa offers a garden, individual swimming pool and a patio for parking two cars. They have easy access to the main services and leisure activities (5min from the Airport, 10min from the beach, 10min from the Algarve Forum, 20min from Golf, etc.) Semi-detached villas / townhouse starting at 660,000 Detached villas start at 1,140. 000 . #ref: 75235
Luxury T6 detached villa with pool and views of the Ria Formosa, with a privileged location in Montenegro, Faro. Inserted in a new condominium with 33 luxury villas in the middle of nature. The villas with individual pools, are built with high quality finishes and materials, will enjoy generous areas and natural light in all divisions.

In this construction all the details are present, having a modern architectural style, which consists of 2 floors + basement and individual terrace, with living/dining room, open plan and fully equipped kitchen, 6 bedrooms, 4 of them in suites and 6 bathrooms. On top of the villas, a large terrace with a social area, unobstructed, panoramic views of the Ria and City of Faro..

Outside each villa offers a garden, individual swimming pool and a patio for parking two cars. They have easy access to the main services and leisure activities (5min from the Airport, 10min from the beach, 10min from the Algarve Forum, 20min from Golf, etc.) Semi-detached villas / townhouse starting at 660,000 Detached villas start at 1,140. 000 . #ref: 75235
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Property on Map

#75235

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 €1,140,000 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
€1,140,000 £953,222 £1,028,383 £75,160
Property Price € €1,140,000
Minimum cost in the last six months £953,222
Maximum cost in the last six months £1,028,383
Fluctuating exchange rates over the last six months could have increased the cost of this property by £75,160

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 €1,140,000 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
€1,140,000 £953,222 £1,028,383 £75,160
Property Price € €1,140,000
Minimum cost in the last six months £953,222
Maximum cost in the last six months £1,028,383
Fluctuating exchange rates over the last six months could have increased the cost of this property by £75,160

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 £75,160 more.

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