An exclusive turnkey project of a luxury villa in a prime location, with stunning sea views, on the outskirts of the most renowned resorts of Central Algarve, with guaranteed privacy but within easy access to all amenities and only 25 minutes to the Faro International Aeroport

Loule, Portugal

For Sale

€4,750,000

REF: 703734 €4,750,000


5

8


2024

Description

An exclusive turnkey project of a luxury villa in a prime location, with stunning sea views, on the outskirts of the most renowned resorts of Central Algarve, with guaranteed privacy but within easy access to all amenities and only 25 minutes to the Faro International Aeroport. With selected high-end materials and equipment, this house is framed on a singular and large plot of land on the south side of a hill located between Vilamoura and Loulé, with more than 37,000 square meters, offering a unique and unobstructed view over thecoast and the Atlantic Ocean.

The project is fully licensed, building works can start immediately Privileging privacy in all areas of the property is one of the main features of this project. Despite the proximity of some neighbors, the location of the house was strategically designed to make the most of the panoramic view but mainly to allow an elevated position over other properties, thus guaranteeing maximum discretion and tranquility not only inside, but – and above all – in the exterior areas of the property.

Exclusivity was the main point of inspiration for this project, offering the owners all the luxury and comfort that a property in this segment should provide. Maximum quality is thus ensured in every detail. Should the new owners wish to make changes to their liking, the project allows for a wide variety of alterations to the interior layout without compromising the construction work schedule, as these changes can be submitted for approval even with construction already underway.

If necessary, it is also possible to change the general structure of the property, provided that the approved construction area is not exceeded.   CHARACTERISTICS:Plot Area: 37 000 m2 | 398 265 sq ftArea: 822 m2 | 8 848 sq ftUseful area: 567 m2 | 6 103 sq ftBuilding Area: 822 m2 | 8 848 sq ftBedrooms: 5Bathrooms: 8Garage: 4Energy efficiency: AFEATURES:Plot of land with 37000 m2 Luxury villa Project approved Five suites Sea view Internationally awarded, LUXIMOS Christie's presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage.

LUXIMOS Christie's is the exclusive affiliate of Christie s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal.

Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina. LIc AMI 9063
An exclusive turnkey project of a luxury villa in a prime location, with stunning sea views, on the outskirts of the most renowned resorts of Central Algarve, with guaranteed privacy but within easy access to all amenities and only 25 minutes to the Faro International Aeroport. With selected high-end materials and equipment, this house is framed on a singular and large plot of land on the south side of a hill located between Vilamoura and Loulé, with more than 37,000 square meters, offering a unique and unobstructed view over thecoast and the Atlantic Ocean.

The project is fully licensed, building works can start immediately Privileging privacy in all areas of the property is one of the main features of this project. Despite the proximity of some neighbors, the location of the house was strategically designed to make the most of the panoramic view but mainly to allow an elevated position over other properties, thus guaranteeing maximum discretion and tranquility not only inside, but – and above all – in the exterior areas of the property.

Exclusivity was the main point of inspiration for this project, offering the owners all the luxury and comfort that a property in this segment should provide. Maximum quality is thus ensured in every detail. Should the new owners wish to make changes to their liking, the project allows for a wide variety of alterations to the interior layout without compromising the construction work schedule, as these changes can be submitted for approval even with construction already underway.

If necessary, it is also possible to change the general structure of the property, provided that the approved construction area is not exceeded.   CHARACTERISTICS:Plot Area: 37 000 m2 | 398 265 sq ftArea: 822 m2 | 8 848 sq ftUseful area: 567 m2 | 6 103 sq ftBuilding Area: 822 m2 | 8 848 sq ftBedrooms: 5Bathrooms: 8Garage: 4Energy efficiency: AFEATURES:Plot of land with 37000 m2 Luxury villa Project approved Five suites Sea view Internationally awarded, LUXIMOS Christie's presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage.

LUXIMOS Christie's is the exclusive affiliate of Christie s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal.

Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina. LIc AMI 9063
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Property on Map

#1LS01775-A

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 €4,750,000 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
€4,750,000 £4,040,778 £4,163,565 £122,788
Property Price € €4,750,000
Minimum cost in the last six months £4,040,778
Maximum cost in the last six months £4,163,565
Fluctuating exchange rates over the last six months could have increased the cost of this property by £122,788

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 €4,750,000 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
€4,750,000 £4,040,778 £4,163,565 £122,788
Property Price € €4,750,000
Minimum cost in the last six months £4,040,778
Maximum cost in the last six months £4,163,565
Fluctuating exchange rates over the last six months could have increased the cost of this property by £122,788

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 £122,788 more.

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