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AN EXCELLENT OPPORTUNITY! This modern gem has taken top quality to the next level
Portimão, Faro, Portugal
REF: 598827
€890,000
Description
AN EXCELLENT OPPORTUNITY! This modern gem has taken top quality to the next level. Enjoy breakfast, lunch and dinner on the stunning veranda with endless views of the horizon and beautiful Alvor. Centrally located, just minutes away from some of the best beaches in Europe, golf courses, the A22, the N125 and local amenities. This 3-story house was built by the current owners who paid the highest attention to detail and quality. On the entry level we find 4 bedrooms, all ensuite and with verandas. The top floor is open concept living room, dining room and state of the art kitchen with top-of-the-line appliances and fixtures. This all flows out to the extra-large veranda with built-in barbeque area, LED lights and glass railing, perfect for daily living and entertaining. The bottom floor has a 3-car garage, laundry room, storage rooms AND another unit. The one-bedroom in-law suite is completely independent, with its own entrance, kitchenette, full bath and access to the yard and pool. The garden is the perfect mix of elegance, simplicity and ease. It features a tiled pool, with shower, exterior bathroom, and grass area. All of it is beautifully landscaped with native plants for low maintenance. This house is perfect for full time living, or as a vacation rental with enormous earning potential. Additional mentionable features: *Hand activated Demister mirrors lights in bathrooms *Heated floors *Fireplace *Dimmable LED ceiling lights *Double paned windows and doors *Solar panels (2) *Electric blinds *Alarm system *Electric gates and garage door *Rainmaster showers (double shower in master bathroom) *Duravit porcelain in all bathrooms (Philippe Starck edition) *Hansgrohe sinks *Irrigation system in garden *Abundance of storage space Dont miss out! Schedule a visit today. #ref: 81488
AN EXCELLENT OPPORTUNITY! This modern gem has taken top quality to the next level. Enjoy breakfast, lunch and dinner on the stunning veranda with endless views of the horizon and beautiful Alvor. Centrally located, just minutes away from some of the best beaches in Europe, golf courses, the A22, the N125 and local amenities. This 3-story house was built by the current owners who paid the highest attention to detail and quality. On the entry level we find 4 bedrooms, all ensuite and with verandas. The top floor is open concept living room, dining room and state of the art kitchen with top-of-the-line appliances and fixtures. This all flows out to the extra-large veranda with built-in barbeque area, LED lights and glass railing, perfect for daily living and entertaining. The bottom floor has a 3-car garage, laundry room, storage rooms AND another unit. The one-bedroom in-law suite is completely independent, with its own entrance, kitchenette, full bath and access to the yard and pool. The garden is the perfect mix of elegance, simplicity and ease. It features a tiled pool, with shower, exterior bathroom, and grass area. All of it is beautifully landscaped with native plants for low maintenance. This house is perfect for full time living, or as a vacation rental with enormous earning potential. Additional mentionable features: *Hand activated Demister mirrors lights in bathrooms *Heated floors *Fireplace *Dimmable LED ceiling lights *Double paned windows and doors *Solar panels (2) *Electric blinds *Alarm system *Electric gates and garage door *Rainmaster showers (double shower in master bathroom) *Duravit porcelain in all bathrooms (Philippe Starck edition) *Hansgrohe sinks *Irrigation system in garden *Abundance of storage space Dont miss out! Schedule a visit today. #ref: 81488
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Currency Exchange
Portimão, 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 €890,000 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 |
|---|---|---|---|
| €890,000 | £757,114 | £780,121 | £23,007 |
| Property Price € | €890,000 |
| Minimum cost in the last six months | £757,114 |
| Maximum cost in the last six months | £780,121 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £23,007 |
Portimão, 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 €890,000 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 |
|---|---|---|---|
| €890,000 | £757,114 | £780,121 | £23,007 |
| Property Price € | €890,000 |
| Minimum cost in the last six months | £757,114 |
| Maximum cost in the last six months | £780,121 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £23,007 |
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 £23,007 more.
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