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TURN-KEY PROJECT IN A STUNNING LOCATION IN MONTE REI
Monte Gordo, Portugal
REF: 573095
€2,500,000
Description
This fabulous approved project is located on a well sized plot of land in a prime location in the world renowned Golf Resort Monte Rei and features most lovely distant sea views and total privacy. Set in a cul-de-sac in the Miradouro Village in the heart of Monte Rei, the location is one of the best within this well developing luxury resort. The villa will comprise of 4 bedroom suites on two storeys and a large basement while the classic architecture is paired with modern elements. The landscaped garden will wrap around the large pool and the pool area with a covered al-fresco dining court. Plans, renderings and an extensive specification list can be provided at your request. The property will be provided turn-key and the new owner has the final saying with regards to all specs, such as tiling, bathrooms and kitchen design within the planned budget. This is the ultimate opportunity to build your dream home in the fastest possible way in Portugal.
This fabulous approved project is located on a well sized plot of land in a prime location in the world renowned Golf Resort Monte Rei and features most lovely distant sea views and total privacy. Set in a cul-de-sac in the Miradouro Village in the heart of Monte Rei, the location is one of the best within this well developing luxury resort. The villa will comprise of 4 bedroom suites on two storeys and a large basement while the classic architecture is paired with modern elements. The landscaped garden will wrap around the large pool and the pool area with a covered al-fresco dining court. Plans, renderings and an extensive specification list can be provided at your request. The property will be provided turn-key and the new owner has the final saying with regards to all specs, such as tiling, bathrooms and kitchen design within the planned budget. This is the ultimate opportunity to build your dream home in the fastest possible way in Portugal.
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Currency Exchange
Monte Gordo, 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 €2,500,000 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 |
|---|---|---|---|
| €2,500,000 | £2,126,725 | £2,191,350 | £64,625 |
| Property Price € | €2,500,000 |
| Minimum cost in the last six months | £2,126,725 |
| Maximum cost in the last six months | £2,191,350 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £64,625 |
Monte Gordo, 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 €2,500,000 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 |
|---|---|---|---|
| €2,500,000 | £2,126,725 | £2,191,350 | £64,625 |
| Property Price € | €2,500,000 |
| Minimum cost in the last six months | £2,126,725 |
| Maximum cost in the last six months | £2,191,350 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £64,625 |
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 £64,625 more.
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