Village consisting of 29 T1 and T1+1 townhouses for sale in Lagos, Algarve

Lagos, Portugal

For Sale

€9,000,000

REF: 595927 €9,000,000



2015

Description

Village consisting of 29 T1 and T1+1 townhouses for sale in Lagos, Algarve. Aldeia Azul, which is surrounded by the natural beauty emblematic of the western Algarve, was inspired by the village concept of Portugal. In addition to the 29 villas and the extensive individual and communal recreational areas, this property also includes a restaurant, a lounge bar, relaxation facilities, and a magnificent swimming pool, among other unique features.

Aldeia Azul, which opened in June 2016, is a 4-Star Tourist Village excellent for families. This family resort is a five-minute drive from the city of Lagos and the most stunning beaches of the Algarve, making this village a convenient base from which to explore the entire southeast Algarve and Costa Vicentina.

  CHARACTERISTICS:Plot Area: 30 000 m2 | 322 917 sq ftBuilding Area: 3 000 m2 | 32 292 sq ftEnergy efficiency: DFEATURES:Family Village 29 T1 and T1+1 villas Restaurant Bar Pool Gardens   Internationally awarded, LUXIMOS Christie's presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage.

LUXIMOS Christie's is the exclusive affiliate of Christie s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal.

Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina. LIc AMI 9063
Village consisting of 29 T1 and T1+1 townhouses for sale in Lagos, Algarve. Aldeia Azul, which is surrounded by the natural beauty emblematic of the western Algarve, was inspired by the village concept of Portugal. In addition to the 29 villas and the extensive individual and communal recreational areas, this property also includes a restaurant, a lounge bar, relaxation facilities, and a magnificent swimming pool, among other unique features.

Aldeia Azul, which opened in June 2016, is a 4-Star Tourist Village excellent for families. This family resort is a five-minute drive from the city of Lagos and the most stunning beaches of the Algarve, making this village a convenient base from which to explore the entire southeast Algarve and Costa Vicentina.

  CHARACTERISTICS:Plot Area: 30 000 m2 | 322 917 sq ftBuilding Area: 3 000 m2 | 32 292 sq ftEnergy efficiency: DFEATURES:Family Village 29 T1 and T1+1 villas Restaurant Bar Pool Gardens   Internationally awarded, LUXIMOS Christie's presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage.

LUXIMOS Christie's is the exclusive affiliate of Christie s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal.

Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina. LIc AMI 9063
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Property on Map

#1LS01808

Currency Exchange

Lagos, 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 €9,000,000 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
€9,000,000 £7,656,210 £7,878,870 £222,660
Property Price € €9,000,000
Minimum cost in the last six months £7,656,210
Maximum cost in the last six months £7,878,870
Fluctuating exchange rates over the last six months could have increased the cost of this property by £222,660

Lagos, 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 €9,000,000 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
€9,000,000 £7,656,210 £7,878,870 £222,660
Property Price € €9,000,000
Minimum cost in the last six months £7,656,210
Maximum cost in the last six months £7,878,870
Fluctuating exchange rates over the last six months could have increased the cost of this property by £222,660

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 £222,660 more.

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