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Luxurious 2 bedrooms apartments for sale in closed condominium in Vilamoura, Central Algarve
Loule, Portugal
REF: 653483
€1,900,000
Description
This luxury condominium is in an exceptional location within the Vilamoura resort and boasts a unique atmosphere, sitting among water canals and golf courses, with the blue sea as a backdrop. The condominium is a stone s throw by foot or by bicycle from the centre, just 2km from the marina and Fal sia beach, and just 1400 metres from three of the five Vilamoura golf courses. Carefully thought out for a balanced and sustainable use, this unique project has a very contemporary design, with generous glassed surfaces, minimalist floor-to-ceiling windows, large balconies, and spacious indoor and outdoor areas with luxurious finishes. The complex comprises three blocks separated by rich gardens full of vegetation, facing south and west, with lake, golf and sea views. The ground-floor apartments have front and rear private gardens, and the 3-bedroom apartments on the ground floor have their own infinity pool. The apartments on the first-floor level have equally generous balconies, a living area with a lounge and coffee table, as well as an outdoor dining area and barbecue, overlooking the development itself, as well as lake, golf and sea views. The apartments located on the second floor (duplex penthouses) also have excellent balconies and access to a private roof top. Each apartment has its own terrace and infinity pool, with between 8 and 11 metres in length depending on the apartment size and location, as well as a lounge area, a dining area, a barbecue unit, a fridge (and a wine fridge), sink and worktop. It also has an area for sun loungers. This project is unique in Vilamoura and the Algarve for various reasons, from the aesthetics of the building, the quality of the materials and finishes, the landscaping, the size of the apartments, the size of the plot, and its communal and private infinity pools. All apartments include a full package of quality furniture, carefully chosen and adapted to the concept of tourist resort, featuring neutral and modern tones, appealing design and superior quality. This apartment also has a box garage in the basement for 2 cars and storage. In addition, there is outdoor parking spaces for both owners and visitors. A reception area provides support services to the apartments, and each owner can choose not to hand over their property to the resort for holiday rentals.
This luxury condominium is in an exceptional location within the Vilamoura resort and boasts a unique atmosphere, sitting among water canals and golf courses, with the blue sea as a backdrop. The condominium is a stone s throw by foot or by bicycle from the centre, just 2km from the marina and Fal sia beach, and just 1400 metres from three of the five Vilamoura golf courses. Carefully thought out for a balanced and sustainable use, this unique project has a very contemporary design, with generous glassed surfaces, minimalist floor-to-ceiling windows, large balconies, and spacious indoor and outdoor areas with luxurious finishes. The complex comprises three blocks separated by rich gardens full of vegetation, facing south and west, with lake, golf and sea views. The ground-floor apartments have front and rear private gardens, and the 3-bedroom apartments on the ground floor have their own infinity pool. The apartments on the first-floor level have equally generous balconies, a living area with a lounge and coffee table, as well as an outdoor dining area and barbecue, overlooking the development itself, as well as lake, golf and sea views. The apartments located on the second floor (duplex penthouses) also have excellent balconies and access to a private roof top. Each apartment has its own terrace and infinity pool, with between 8 and 11 metres in length depending on the apartment size and location, as well as a lounge area, a dining area, a barbecue unit, a fridge (and a wine fridge), sink and worktop. It also has an area for sun loungers. This project is unique in Vilamoura and the Algarve for various reasons, from the aesthetics of the building, the quality of the materials and finishes, the landscaping, the size of the apartments, the size of the plot, and its communal and private infinity pools. All apartments include a full package of quality furniture, carefully chosen and adapted to the concept of tourist resort, featuring neutral and modern tones, appealing design and superior quality. This apartment also has a box garage in the basement for 2 cars and storage. In addition, there is outdoor parking spaces for both owners and visitors. A reception area provides support services to the apartments, and each owner can choose not to hand over their property to the resort for holiday rentals.
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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 €1,900,000 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 |
|---|---|---|---|
| €1,900,000 | £1,616,311 | £1,665,426 | £49,115 |
| Property Price € | €1,900,000 |
| Minimum cost in the last six months | £1,616,311 |
| Maximum cost in the last six months | £1,665,426 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £49,115 |
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 €1,900,000 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 |
|---|---|---|---|
| €1,900,000 | £1,616,311 | £1,665,426 | £49,115 |
| Property Price € | €1,900,000 |
| Minimum cost in the last six months | £1,616,311 |
| Maximum cost in the last six months | £1,665,426 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £49,115 |
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 £49,115 more.
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