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Five bedroom villa close to Vale do Lobo, for sale Algarve
Loule, Portugal
REF: 653467
€3,250,000
Description
Currently under construction is this newly built luxurious five bedroom villa with private pool, located in a great location at the sought after Village development, close to Vale do Lobo and within walking distance of a choice of great restaurants. Entrance hallway leads through to the centre of the villa. Beautiful open plan modern and spacious kitchen. Large bi-fold doors open onto the outdoor kitchen, dining and terrace area, and flood this space with natural light. Adjacent utility room and gust WC. Large dining room again with bi-fold doors opening onto the terrace and pool area. Double height living room with vaulted ceiling and bi-fold doors onto the pool and garden area. Also located on the ground floor are two double bedrooms both with luxurious and modern en-suite bathrooms. On the first floor is the stunning master bedroom with walk-in wardrobes, dressing areas and beautiful en-suite bathroom with roll top bath and double shower. Two further bedrooms both with en-suite bathrooms, and balconies. Landscaped gardens with a 12 by 5 overflow private pool, extensive terrace areas and a purpose built outdoor kitchen. Off road parking with car port. Completion summer 2023
Currently under construction is this newly built luxurious five bedroom villa with private pool, located in a great location at the sought after Village development, close to Vale do Lobo and within walking distance of a choice of great restaurants. Entrance hallway leads through to the centre of the villa. Beautiful open plan modern and spacious kitchen. Large bi-fold doors open onto the outdoor kitchen, dining and terrace area, and flood this space with natural light. Adjacent utility room and gust WC. Large dining room again with bi-fold doors opening onto the terrace and pool area. Double height living room with vaulted ceiling and bi-fold doors onto the pool and garden area. Also located on the ground floor are two double bedrooms both with luxurious and modern en-suite bathrooms. On the first floor is the stunning master bedroom with walk-in wardrobes, dressing areas and beautiful en-suite bathroom with roll top bath and double shower. Two further bedrooms both with en-suite bathrooms, and balconies. Landscaped gardens with a 12 by 5 overflow private pool, extensive terrace areas and a purpose built outdoor kitchen. Off road parking with car port. Completion summer 2023
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Currency Exchange
Loule, 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 €3,250,000 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 |
|---|---|---|---|
| €3,250,000 | £2,764,743 | £2,848,755 | £84,013 |
| Property Price € | €3,250,000 |
| Minimum cost in the last six months | £2,764,743 |
| Maximum cost in the last six months | £2,848,755 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £84,013 |
Loule, 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 €3,250,000 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 |
|---|---|---|---|
| €3,250,000 | £2,764,743 | £2,848,755 | £84,013 |
| Property Price € | €3,250,000 |
| Minimum cost in the last six months | £2,764,743 |
| Maximum cost in the last six months | £2,848,755 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £84,013 |
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 £84,013 more.
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