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Contemporary design villa with stunning coastal views for sale Porches, Algarve
Lagoa, Portugal
REF: 674546
€2,690,000
Description
Contemporary design villa with 4 bedrooms and stunning coastal views. The property has a private drive way and access and in front of the house a several hundred years old oak tree marks the place. The lay out of the villa consists of 2 bedrooms on the left and 2 on the right hand side. The main bedroom has direct access to the pool for a swim late evenings or early morning. In the middle is an open plan kitchen and living room with access to the outside terrace pool & garden. The house is operated through a Domotic system by which also the camera s are operated. Oak and olive trees can be found all over the property. The Villa is Ideal for rental or as a second Family home! There is a large basement under the outside terras. This garage is ideal to park your classic cars or your cabrio. For your day to day use a sun sheltered 2 car parking is provided near the main entrance. On a separate section of the house in the basement the equipment / connection for warm water, underfloor heating / cooling can be found. One of the main advantages of the house is the cooling off the ceiling which gives the house in summer that pleasant temperature without getting a cold and excellent for people who are allergic for airconditioning. A big fitness area could be easily made in the basement. It goes without saying that there is a bathroom/toilet. Together with the pool equipment one finds the connection for washing machine and dryer. The 30 solar panels (recently placed) will assist in controlling the electricity consumption to a minimum. The system has an option to connect to a 16.6kw battery pack. The house has a connection to the municipality water. The sewage is flowing into a biological sewage system and the water is used underground to supply the fruit and olive trees. Extra optional 9390m2 building plot for sale with approved project to construction a 285m2 property at euro 695.000. Further information on this is available upon request.
Contemporary design villa with 4 bedrooms and stunning coastal views. The property has a private drive way and access and in front of the house a several hundred years old oak tree marks the place. The lay out of the villa consists of 2 bedrooms on the left and 2 on the right hand side. The main bedroom has direct access to the pool for a swim late evenings or early morning. In the middle is an open plan kitchen and living room with access to the outside terrace pool & garden. The house is operated through a Domotic system by which also the camera s are operated. Oak and olive trees can be found all over the property. The Villa is Ideal for rental or as a second Family home! There is a large basement under the outside terras. This garage is ideal to park your classic cars or your cabrio. For your day to day use a sun sheltered 2 car parking is provided near the main entrance. On a separate section of the house in the basement the equipment / connection for warm water, underfloor heating / cooling can be found. One of the main advantages of the house is the cooling off the ceiling which gives the house in summer that pleasant temperature without getting a cold and excellent for people who are allergic for airconditioning. A big fitness area could be easily made in the basement. It goes without saying that there is a bathroom/toilet. Together with the pool equipment one finds the connection for washing machine and dryer. The 30 solar panels (recently placed) will assist in controlling the electricity consumption to a minimum. The system has an option to connect to a 16.6kw battery pack. The house has a connection to the municipality water. The sewage is flowing into a biological sewage system and the water is used underground to supply the fruit and olive trees. Extra optional 9390m2 building plot for sale with approved project to construction a 285m2 property at euro 695.000. Further information on this is available upon request.
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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 €2,690,000 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 |
|---|---|---|---|
| €2,690,000 | £2,288,356 | £2,357,893 | £69,537 |
| Property Price € | €2,690,000 |
| Minimum cost in the last six months | £2,288,356 |
| Maximum cost in the last six months | £2,357,893 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £69,537 |
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 €2,690,000 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 |
|---|---|---|---|
| €2,690,000 | £2,288,356 | £2,357,893 | £69,537 |
| Property Price € | €2,690,000 |
| Minimum cost in the last six months | £2,288,356 |
| Maximum cost in the last six months | £2,357,893 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £69,537 |
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 £69,537 more.
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