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Plot, with project for contemporary villa
Albufeira, Faro, Portugal, 8200-112
REF: 694390
€330,000
Description
Plot with approved project to develop a large modernist villa with swimming pool, garage and basement, 4+1 suites, and a stunning open plan living space. Anticipated construction of 18 months. Close to excellent amenities and transport links. An excellent opportunity to enjoy a brand-new property, uniquely designed and expertly constructed over a period of 18 months in the heart of new town in Albufeira. Close to all local amenities, this modernist villa will enjoy substantial family accommodation over three floors.
With white painted elevations and timber clad accent styling, the property will have spectacular, low profile kerb appeal and a contemporary reduced maintenance garden with swimming pool, shaded terrace and deck area.
Internally, the ground floor is largely occupied by a stunning open plan living, dining room and kitchen with recessed LED smart lighting, feature panelling, integrated storage and stone working surfaces. Clean lines are incorporated throughout with storage to hide day to day appliances and a separate laundry room to eliminate noisy white goods. This splendid, light filled heart of the house opens onto a shaded pool-view terrace through full-length sliding doors.
There€™s a large bedroom suite also on the ground floor, plus four further suites on the first floor including the principal bedroom that opens onto a sun terrace. Each suite incorporates integrated storage, high quality fitments throughout and recessed smart lighting.
In the basement is a private, secure garage for two cars plus numerous rooms which may be divisible into storage or for use as a gym, cinema room, playroom, workshop etc.
Should Clients wish to buy the villa constructed, please see our ref CN10048 for further information.
Plot with approved project to develop a large modernist villa with swimming pool, garage and basement, 4+1 suites, and a stunning open plan living space. Anticipated construction of 18 months. Close to excellent amenities and transport links. An excellent opportunity to enjoy a brand-new property, uniquely designed and expertly constructed over a period of 18 months in the heart of new town in Albufeira. Close to all local amenities, this modernist villa will enjoy substantial family accommodation over three floors.
With white painted elevations and timber clad accent styling, the property will have spectacular, low profile kerb appeal and a contemporary reduced maintenance garden with swimming pool, shaded terrace and deck area.
Internally, the ground floor is largely occupied by a stunning open plan living, dining room and kitchen with recessed LED smart lighting, feature panelling, integrated storage and stone working surfaces. Clean lines are incorporated throughout with storage to hide day to day appliances and a separate laundry room to eliminate noisy white goods. This splendid, light filled heart of the house opens onto a shaded pool-view terrace through full-length sliding doors.
There€™s a large bedroom suite also on the ground floor, plus four further suites on the first floor including the principal bedroom that opens onto a sun terrace. Each suite incorporates integrated storage, high quality fitments throughout and recessed smart lighting.
In the basement is a private, secure garage for two cars plus numerous rooms which may be divisible into storage or for use as a gym, cinema room, playroom, workshop etc.
Should Clients wish to buy the villa constructed, please see our ref CN10048 for further information.
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Currency Exchange
Albufeira, Faro, Portugal, 8200-112
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 €330,000 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 |
|---|---|---|---|
| €330,000 | £280,728 | £289,258 | £8,531 |
| Property Price € | €330,000 |
| Minimum cost in the last six months | £280,728 |
| Maximum cost in the last six months | £289,258 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,531 |
Albufeira, Faro, Portugal, 8200-112
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 €330,000 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 |
|---|---|---|---|
| €330,000 | £280,728 | £289,258 | £8,531 |
| Property Price € | €330,000 |
| Minimum cost in the last six months | £280,728 |
| Maximum cost in the last six months | £289,258 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,531 |
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 £8,531 more.
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