A luxury villa in construction located close to amenities

Albufeira, Faro, Portugal, 8200-001

For Sale

€1,950,000

REF: 702962 €1,950,000


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Description

An excellent opportunity to enjoy a uniquely designed villa that is being constructed by one of Albufeiras well respected builders. The construction will be over an18 month timescale and built in an up-and-coming area of Albufeira, close to all local amenities. With its white painted exterior and wooden cladding styling, the property will have that spectacular contemporary look that the constructor is well known for. The property consists of an entrance hall, a large en-suite bedroom, a stunning open-plan living/dining room and kitchen with LED down lights, built in storage areas and stone work tops, the villa also benefits from a separate laundry room.

Leading off this splendid bright and airy living area through full length sliding doors, you will exit onto the large entertaining and sunbathing terrace, and swimming pool. The first floor consists of a further four en-suites, including the master bedroom that leads out to a sun terrace. Every bedroom benefits from fitted wardrobes, and air conditioning.

The basement has a garage for two cars, with other areas that can be made into a gym, cinema room, or playroom the options are endless. The grounds are low maintenance, with a swimming pool and sun deck area. Heated Floor built-in air conditioning electric blinds Domotics Solar panels for water heating and underfloor heating Heated Pool Viewing is recommended.
An excellent opportunity to enjoy a uniquely designed villa that is being constructed by one of Albufeiras well respected builders. The construction will be over an18 month timescale and built in an up-and-coming area of Albufeira, close to all local amenities. With its white painted exterior and wooden cladding styling, the property will have that spectacular contemporary look that the constructor is well known for. The property consists of an entrance hall, a large en-suite bedroom, a stunning open-plan living/dining room and kitchen with LED down lights, built in storage areas and stone work tops, the villa also benefits from a separate laundry room.

Leading off this splendid bright and airy living area through full length sliding doors, you will exit onto the large entertaining and sunbathing terrace, and swimming pool. The first floor consists of a further four en-suites, including the master bedroom that leads out to a sun terrace. Every bedroom benefits from fitted wardrobes, and air conditioning.

The basement has a garage for two cars, with other areas that can be made into a gym, cinema room, or playroom the options are endless. The grounds are low maintenance, with a swimming pool and sun deck area. Heated Floor built-in air conditioning electric blinds Domotics Solar panels for water heating and underfloor heating Heated Pool Viewing is recommended.
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Property on Map

#CT13-125

Currency Exchange

Albufeira, Faro, Portugal, 8200-001

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 €1,950,000 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
€1,950,000 £1,658,846 £1,709,253 £50,408
Property Price € €1,950,000
Minimum cost in the last six months £1,658,846
Maximum cost in the last six months £1,709,253
Fluctuating exchange rates over the last six months could have increased the cost of this property by £50,408

Albufeira, Faro, Portugal, 8200-001

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 €1,950,000 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
€1,950,000 £1,658,846 £1,709,253 £50,408
Property Price € €1,950,000
Minimum cost in the last six months £1,658,846
Maximum cost in the last six months £1,709,253
Fluctuating exchange rates over the last six months could have increased the cost of this property by £50,408

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 £50,408 more.

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