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VILAMOURA MODERN LUXURIOUS FAMILY HOME UNDER CONSTRUCTION
Vilamoura, Portugal
REF: 674081
€2,500,000
Description
This awesome project is the dream of a long-standing developer in the Algarve. Their commitment to luxury and high quality construction is unequaled. The location excels for exclusivity, and tranquility. The large interiors are designed to maximize the use of natural light, with generous proportions that allow for full appreciation of the gardens and surrounding landscape. At this stage this 3 floor Villa allows for full customisation, according to your desired way of living. Through a house automation system, the Shape House provides smart management of your day-to-day household, ensuring maximum comfort and convenience. The architecture of the first and ground floor, gives luminous common spaces and gentle refinement, leading to the garden, where the central sitting area is reflected in a large mirror of water, the heart of this outdoor living space. The first floor features a spacious master-suite with an opulent bathroom and must have walk-in-wardrobe. The ground floor has a home office which could also be used as a bedroom with a private bathroom. Two further bedroom suites can be found in the basement area both with natural light. The personal touch is of the essence of this spacious villa, which values style and adaptability. There are several plans for the continued development of Vilamoura, including the expansion of the marina itself, with about 300 new berths, and the bold Vilamoura World, which aims to continue and strengthen the firsts strategic plan that presided under its foundation. The future of Vilamoura intends to improve the conditions of those who are already residents, and continues to attract new ones to invest in new projects, sustainable solutions and the promotion of a high lifestyle that values the enjoyment of the Algarve landscape.
This awesome project is the dream of a long-standing developer in the Algarve. Their commitment to luxury and high quality construction is unequaled. The location excels for exclusivity, and tranquility. The large interiors are designed to maximize the use of natural light, with generous proportions that allow for full appreciation of the gardens and surrounding landscape. At this stage this 3 floor Villa allows for full customisation, according to your desired way of living. Through a house automation system, the Shape House provides smart management of your day-to-day household, ensuring maximum comfort and convenience. The architecture of the first and ground floor, gives luminous common spaces and gentle refinement, leading to the garden, where the central sitting area is reflected in a large mirror of water, the heart of this outdoor living space. The first floor features a spacious master-suite with an opulent bathroom and must have walk-in-wardrobe. The ground floor has a home office which could also be used as a bedroom with a private bathroom. Two further bedroom suites can be found in the basement area both with natural light. The personal touch is of the essence of this spacious villa, which values style and adaptability. There are several plans for the continued development of Vilamoura, including the expansion of the marina itself, with about 300 new berths, and the bold Vilamoura World, which aims to continue and strengthen the firsts strategic plan that presided under its foundation. The future of Vilamoura intends to improve the conditions of those who are already residents, and continues to attract new ones to invest in new projects, sustainable solutions and the promotion of a high lifestyle that values the enjoyment of the Algarve landscape.
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Currency Exchange
Vilamoura, 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 €2,500,000 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 |
|---|---|---|---|
| €2,500,000 | £2,126,725 | £2,191,350 | £64,625 |
| Property Price € | €2,500,000 |
| Minimum cost in the last six months | £2,126,725 |
| Maximum cost in the last six months | £2,191,350 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £64,625 |
Vilamoura, 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 €2,500,000 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 |
|---|---|---|---|
| €2,500,000 | £2,126,725 | £2,191,350 | £64,625 |
| Property Price € | €2,500,000 |
| Minimum cost in the last six months | £2,126,725 |
| Maximum cost in the last six months | £2,191,350 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £64,625 |
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 £64,625 more.
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