Family Development near Praia da Luz

Lagos, Faro, Portugal, 8600-101 Lagos

For Sale

€9,000,000

REF: 624307 €9,000,000


Description

The Resort Aldeia Azul consists of 29 villas for sale, among the facilities we have Restaurant & Lounge Bar, Outdoor Pool, Barbecue, Playground, Gym, Minigolf, Sauna, Natural Grass Football Court, Garden, Massage Room, Volleyball Court, Tennis Court, Yoga Zone, Petanque Court, and also Outdoor Fitness Circuit.

Excellent opportunity to monetize, with yield of 40% in the first 3 years. The Resort Aldeia Azul consists of 29 villas for sale (typology T1 and T1+1), among the facilities we have Restaurant & Lounge Bar, Outdoor Pool, Barbecue, Playground, , Gym, Minigolf, Sauna, Natural grass football field, Garden, Massage room, Volleyball court, Tennis court, Yoga area, Petanque court, and also Outdoor fitness circuit. The Blue Village was inspired by the family concept of our villages by Portugal. Surrounded by an environment of natural beauty typical of the Algarve windward, the Aldeia Azul Family Resort, is 5 minutes from the center of the beautiful and historic city of Lagos and the immense blue of the Atlantic waters. The architecture as well as the location follows rustic elegance. The 1 bedroom villas are composed of: 1 bedroom with wardrobe, 1 bathroom with bathtub, living room, dining area, equipped kitchen and terrace. The villas T1 + 1 are composed of: 1 master bedroom, with wardrobe, 1 mezzanine with wardrobe, 1 bathroom with bathtub, living room, dining area, equipped kitchen and terrace. Lagos is situated on the coast of the Algarve, being therefore a city known for the beauty of its Golden Coast, crystal clear beaches that bathe the famous Caves of Ponta de Piedade and by its historical side very connected to the time of the Discoveries, where it is possible to visit the great figures of that time in the Wax Museum of the Discoveries in Lagos. It is the ideal place for those who like to practice sports such as Tennis or Golf.

Water sports here is also highly sought after, activities such as Water Skiing, Sailing, Windsurfing, Underwater Fishing and Diving. Its delicious typical gastronomy, Lagos has a gastronomy full of fresh flavors, namely fish dishes and seafood cooked in various ways. The hospitality of the locals is one of the qualities mentioned by tourists who pass through here as well as the typicalMediterranean climate that makes the delights of visitors to this charming city.
The Resort Aldeia Azul consists of 29 villas for sale, among the facilities we have Restaurant & Lounge Bar, Outdoor Pool, Barbecue, Playground, Gym, Minigolf, Sauna, Natural Grass Football Court, Garden, Massage Room, Volleyball Court, Tennis Court, Yoga Zone, Petanque Court, and also Outdoor Fitness Circuit.

Excellent opportunity to monetize, with yield of 40% in the first 3 years. The Resort Aldeia Azul consists of 29 villas for sale (typology T1 and T1+1), among the facilities we have Restaurant & Lounge Bar, Outdoor Pool, Barbecue, Playground, , Gym, Minigolf, Sauna, Natural grass football field, Garden, Massage room, Volleyball court, Tennis court, Yoga area, Petanque court, and also Outdoor fitness circuit. The Blue Village was inspired by the family concept of our villages by Portugal. Surrounded by an environment of natural beauty typical of the Algarve windward, the Aldeia Azul Family Resort, is 5 minutes from the center of the beautiful and historic city of Lagos and the immense blue of the Atlantic waters. The architecture as well as the location follows rustic elegance. The 1 bedroom villas are composed of: 1 bedroom with wardrobe, 1 bathroom with bathtub, living room, dining area, equipped kitchen and terrace. The villas T1 + 1 are composed of: 1 master bedroom, with wardrobe, 1 mezzanine with wardrobe, 1 bathroom with bathtub, living room, dining area, equipped kitchen and terrace. Lagos is situated on the coast of the Algarve, being therefore a city known for the beauty of its Golden Coast, crystal clear beaches that bathe the famous Caves of Ponta de Piedade and by its historical side very connected to the time of the Discoveries, where it is possible to visit the great figures of that time in the Wax Museum of the Discoveries in Lagos. It is the ideal place for those who like to practice sports such as Tennis or Golf.

Water sports here is also highly sought after, activities such as Water Skiing, Sailing, Windsurfing, Underwater Fishing and Diving. Its delicious typical gastronomy, Lagos has a gastronomy full of fresh flavors, namely fish dishes and seafood cooked in various ways. The hospitality of the locals is one of the qualities mentioned by tourists who pass through here as well as the typicalMediterranean climate that makes the delights of visitors to this charming city.
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Property on Map

#CP-O2205

Currency Exchange

Lagos, Faro, Portugal, 8600-101 Lagos

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 £7,888,860 £232,650
Property Price € €9,000,000
Minimum cost in the last six months £7,656,210
Maximum cost in the last six months £7,888,860
Fluctuating exchange rates over the last six months could have increased the cost of this property by £232,650

Lagos, Faro, Portugal, 8600-101 Lagos

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 £7,888,860 £232,650
Property Price € €9,000,000
Minimum cost in the last six months £7,656,210
Maximum cost in the last six months £7,888,860
Fluctuating exchange rates over the last six months could have increased the cost of this property by £232,650

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 £232,650 more.

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