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LUXURY APARTMENT IN BEAUTIFUL VALE DO LOBO
Vale do Lobo, Portugal
REF: 573096
€995,000
Description
As you enter the property you are struck by the feeling of light and calm, This spacious 3 bedroom apartment offers a little oasis of tranquility with-in the bustling, vibrant Vale do Lobo resort. The generously proportioned open plan living room with dining area has an adjoining fully fitted and equipped kitchen. The large patio doors allow the outside to be welcomed in, the natural wood of the apartment further enhances this feeling. The balconies are perfect for unwinding in the sunshine around the pool or having fun entertaining friends and family, maybe with a BBQ. The master suite is spacious with walk in wardrobe, en suite bathroom with separate shower and a private balcony. There are two further guest suites. The hallway houses a guest toilet and private access lift going directly to the communal garage, with allocated parking for one car, one buggy, there are two well sized storage rooms that could be converted to suit your needs or to stay as very useful storage space. You are conveniently located near to all the resort facilities and beautiful beaches. For Golf lovers you are adjacent to the 12th hole of the Royal Golf Course and only 15 minutes by car to Faro Airport. A perfect lock-up-and-leave or rental property.
As you enter the property you are struck by the feeling of light and calm, This spacious 3 bedroom apartment offers a little oasis of tranquility with-in the bustling, vibrant Vale do Lobo resort. The generously proportioned open plan living room with dining area has an adjoining fully fitted and equipped kitchen. The large patio doors allow the outside to be welcomed in, the natural wood of the apartment further enhances this feeling. The balconies are perfect for unwinding in the sunshine around the pool or having fun entertaining friends and family, maybe with a BBQ. The master suite is spacious with walk in wardrobe, en suite bathroom with separate shower and a private balcony. There are two further guest suites. The hallway houses a guest toilet and private access lift going directly to the communal garage, with allocated parking for one car, one buggy, there are two well sized storage rooms that could be converted to suit your needs or to stay as very useful storage space. You are conveniently located near to all the resort facilities and beautiful beaches. For Golf lovers you are adjacent to the 12th hole of the Royal Golf Course and only 15 minutes by car to Faro Airport. A perfect lock-up-and-leave or rental property.
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Currency Exchange
Vale do Lobo, 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 €995,000 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 |
|---|---|---|---|
| €995,000 | £846,437 | £872,157 | £25,721 |
| Property Price € | €995,000 |
| Minimum cost in the last six months | £846,437 |
| Maximum cost in the last six months | £872,157 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £25,721 |
Vale do Lobo, 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 €995,000 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 |
|---|---|---|---|
| €995,000 | £846,437 | £872,157 | £25,721 |
| Property Price € | €995,000 |
| Minimum cost in the last six months | £846,437 |
| Maximum cost in the last six months | £872,157 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £25,721 |
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 £25,721 more.
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