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The villa was constructed with a south-facing orientation to maximise the panoramic view of the sea and the Ria
Olhão, Portugal
REF: 728472
€1,750,000
Description
The villa was constructed with a south-facing orientation to maximise the panoramic view of the sea and the Ria. The office/library is located in the atrium, followed by the music room and a social area that provides access to the living room with double glass doors and direct access to the balcony and garden. The completely equipped open kitchen is adjacent to the elegant dining room. There is a private area on the second floor with three bedrooms with private bathrooms, air conditioning, and wardrobes. This floor also contains a recreation area. There is an expansive garden, pond, swimming pool, and covered garage located outside. The property also features an adjacent annexe T0 with a kitchenette and shower bathroom. In an ideal location, five minutes from the picturesque town of Olhão, near to all services and conveniences, five hundred metres from the Ria Formosa, and thirty minutes from Faro International Airport. CHARACTERISTICS:Plot Area: 3 000 m2 | 32 292 sq ftArea: 215 m2 | 2 315 sq ftBuilding Area: 215 m2 | 2 315 sq ftBedrooms: 3Bathrooms: 4Energy efficiency: CFEATURES:Three suites T0 annex Swimming pool Garden Lake 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
The villa was constructed with a south-facing orientation to maximise the panoramic view of the sea and the Ria. The office/library is located in the atrium, followed by the music room and a social area that provides access to the living room with double glass doors and direct access to the balcony and garden. The completely equipped open kitchen is adjacent to the elegant dining room. There is a private area on the second floor with three bedrooms with private bathrooms, air conditioning, and wardrobes. This floor also contains a recreation area. There is an expansive garden, pond, swimming pool, and covered garage located outside. The property also features an adjacent annexe T0 with a kitchenette and shower bathroom. In an ideal location, five minutes from the picturesque town of Olhão, near to all services and conveniences, five hundred metres from the Ria Formosa, and thirty minutes from Faro International Airport. CHARACTERISTICS:Plot Area: 3 000 m2 | 32 292 sq ftArea: 215 m2 | 2 315 sq ftBuilding Area: 215 m2 | 2 315 sq ftBedrooms: 3Bathrooms: 4Energy efficiency: CFEATURES:Three suites T0 annex Swimming pool Garden Lake 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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Currency Exchange
Olhão, 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 €1,750,000 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 |
|---|---|---|---|
| €1,750,000 | £1,488,708 | £1,533,945 | £45,238 |
| Property Price € | €1,750,000 |
| Minimum cost in the last six months | £1,488,708 |
| Maximum cost in the last six months | £1,533,945 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £45,238 |
Olhão, 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 €1,750,000 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 |
|---|---|---|---|
| €1,750,000 | £1,488,708 | £1,533,945 | £45,238 |
| Property Price € | €1,750,000 |
| Minimum cost in the last six months | £1,488,708 |
| Maximum cost in the last six months | £1,533,945 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £45,238 |
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 £45,238 more.
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