Luxury  4 bedroom villa, in construction phase, located in the highly sought after area of Alvor, near to the golf course of Penina Hotel & Golf Resort

Portimão, Portugal

For Sale

€1,950,000

REF: 714236 €1,950,000


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Description

Luxury  4 bedroom villa, in construction phase, located in the highly sought after area of Alvor, near to the golf course of Penina Hotel & Golf Resort. The property boasts traditional style with all the modern conveniences, from underfloor heating to domotics system and photovoltaic panels. The property is fitted with air conditioning system throughout, aswell as a central vacuum system.

Distributed over two floors, located on the ground floor, is a spacious living room with contemporary fireplace in open plan style with dining area. From here, there is direct access to the modern fitted kitchen, which offers access to a covered terrace perfect for outdoor dining. From the kitchen, there is also access to the laundry room and to the garage.

Located on the ground floor are two large bedrooms, both with walk in closets and en suite bathrooms. On this floor there is also a service bathroom. On the first floor are located two more bedrooms, both with walk in closets, en suite bathrooms, and their own private, covered terraces, which are south facing.

On the exterior of the property, there is a large garden, a heated infinity pool, a jacuzzi, a barbecue area, as well as space for additional parking. Only a few minutes by car to both the quaint fishing village of Alvor and the city of Portimão, stunning beaches, golf courses, shopping and leisure activities are all easily accessible.

Approximately 50 minutes to Faro International Airport, with clear access to the A22 and N125. CHARACTERISTICS:Plot Area: 1 360 m2 | 14 639 sq ftArea: 350 m2 | 3 767 sq ftBuilding Area: 350 m2 | 3 767 sq ftBedrooms: 4Bathrooms: 5Garage: 2Energy efficiency: AFEATURES:Four en suite bedrooms Fully equipped kitchen Heated swimming pool Jacuzzi Barbecue Air conditioning Central vacuum Underfloor heating Home automation system Photovoltaic panels Covered terraces     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
Luxury  4 bedroom villa, in construction phase, located in the highly sought after area of Alvor, near to the golf course of Penina Hotel & Golf Resort. The property boasts traditional style with all the modern conveniences, from underfloor heating to domotics system and photovoltaic panels. The property is fitted with air conditioning system throughout, aswell as a central vacuum system.

Distributed over two floors, located on the ground floor, is a spacious living room with contemporary fireplace in open plan style with dining area. From here, there is direct access to the modern fitted kitchen, which offers access to a covered terrace perfect for outdoor dining. From the kitchen, there is also access to the laundry room and to the garage.

Located on the ground floor are two large bedrooms, both with walk in closets and en suite bathrooms. On this floor there is also a service bathroom. On the first floor are located two more bedrooms, both with walk in closets, en suite bathrooms, and their own private, covered terraces, which are south facing.

On the exterior of the property, there is a large garden, a heated infinity pool, a jacuzzi, a barbecue area, as well as space for additional parking. Only a few minutes by car to both the quaint fishing village of Alvor and the city of Portimão, stunning beaches, golf courses, shopping and leisure activities are all easily accessible.

Approximately 50 minutes to Faro International Airport, with clear access to the A22 and N125. CHARACTERISTICS:Plot Area: 1 360 m2 | 14 639 sq ftArea: 350 m2 | 3 767 sq ftBuilding Area: 350 m2 | 3 767 sq ftBedrooms: 4Bathrooms: 5Garage: 2Energy efficiency: AFEATURES:Four en suite bedrooms Fully equipped kitchen Heated swimming pool Jacuzzi Barbecue Air conditioning Central vacuum Underfloor heating Home automation system Photovoltaic panels Covered terraces     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

#2LS00059

Currency Exchange

Portimão, 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 €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 £1,709,156 £50,310
Property Price € €1,950,000
Minimum cost in the last six months £1,658,846
Maximum cost in the last six months £1,709,156
Fluctuating exchange rates over the last six months could have increased the cost of this property by £50,310

Portimão, 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 €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 £1,709,156 £50,310
Property Price € €1,950,000
Minimum cost in the last six months £1,658,846
Maximum cost in the last six months £1,709,156
Fluctuating exchange rates over the last six months could have increased the cost of this property by £50,310

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 £50,310 more.

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