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Renovation in progress to become luxurious villa in Caramujeira, Carvoeiro for sale
Lagoa, Portugal
REF: 607092
€1,700,000
Description
This property is in the process of being completely remodeled and renovated. Set within a peaceful location, country and distant sea views. Yet minutes from golf courses, beaches and the coastal town of Carvoeiro. At this stage, some personal choice of fixtures and finishings, can be made, within the building budget. For example, your choice of Kitchen and Bathrooms, tiles etc. A complete, turn key home, to your design, without the stress of organising the work force or construction. A driveway entrance with carport. From the hallway, on the ground floor is a substantial open plan kitchen/dining/living area (57m2) with large windows and patio doors exiting onto the heated pool and gardens. Three ensuite bedrooms with terraces. On the first floor, a glorious master bedroom and a large terrace, taking in the distant sea view. Walk in wardrobe, reception area and bathroom. There will be a large roof terrace, perfect for a jacuzzi and a relaxation area, to enjoy the panoramic and tranquil surrounds. Underfloor heating , Air Conditioning, Electric gates, Fenced plot. This property would make a great family/holiday home: A nine minute drive from the International Schools and Benagil beach.
This property is in the process of being completely remodeled and renovated. Set within a peaceful location, country and distant sea views. Yet minutes from golf courses, beaches and the coastal town of Carvoeiro. At this stage, some personal choice of fixtures and finishings, can be made, within the building budget. For example, your choice of Kitchen and Bathrooms, tiles etc. A complete, turn key home, to your design, without the stress of organising the work force or construction. A driveway entrance with carport. From the hallway, on the ground floor is a substantial open plan kitchen/dining/living area (57m2) with large windows and patio doors exiting onto the heated pool and gardens. Three ensuite bedrooms with terraces. On the first floor, a glorious master bedroom and a large terrace, taking in the distant sea view. Walk in wardrobe, reception area and bathroom. There will be a large roof terrace, perfect for a jacuzzi and a relaxation area, to enjoy the panoramic and tranquil surrounds. Underfloor heating , Air Conditioning, Electric gates, Fenced plot. This property would make a great family/holiday home: A nine minute drive from the International Schools and Benagil beach.
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Currency Exchange
Lagoa, 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 €1,700,000 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 |
|---|---|---|---|
| €1,700,000 | £1,446,173 | £1,490,118 | £43,945 |
| Property Price € | €1,700,000 |
| Minimum cost in the last six months | £1,446,173 |
| Maximum cost in the last six months | £1,490,118 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £43,945 |
Lagoa, 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 €1,700,000 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 |
|---|---|---|---|
| €1,700,000 | £1,446,173 | £1,490,118 | £43,945 |
| Property Price € | €1,700,000 |
| Minimum cost in the last six months | £1,446,173 |
| Maximum cost in the last six months | £1,490,118 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £43,945 |
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 £43,945 more.
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