Elegant new villa with swimming pool, currently being finished, located in a prestigious urbanisation in the parish of Olhos de Água, 800 metres from the stunning Falésia Beach and next to the luxury Pine Cliffs Resort complex

Albufeira, Faro, Portugal

For Sale

€1,550,000

REF: 740191 €1,550,000


3

4


200 m2

610 m2

Description

Elegant new villa with swimming pool, currently being finished, located in a prestigious urbanisation in the parish of Olhos de Água, 800 metres from the stunning Falésia Beach and next to the luxury Pine Cliffs Resort complex. Delivered turnkey in the first half of 2024. This is a rare opportunity to acquire a splendid new residence with a gross floor area of 200 m², plus a basement of 150 m², built on a large plot of 610 m².

It comprises 3 en-suite bedrooms, 4 bathrooms, a swimming pool, a garden and a garage. On the ground floor, there is a separate fully equipped kitchen (which can be opened up as the new owner pleases), a large dining and living area that opens to the outside via sliding doors, with direct access to an elegant decked terrace where there is a barbecue area, the swimming pool and a shower.

From the terrace you can also access the garden equipped with an automatic irrigation system. On the same floor, there is a generous master bedroom with an en-suite bathroom and a guest toilet. The first floor consists of two more suites, both equipped with fitted wardrobes and large private terraces offering panoramic views of the pool and garden.

In the basement we find a garage for 3 cars and several spaces with natural light allowing for very versatile use. The villa was designed with a balanced articulation between vertical walls and glazed façades, offering comfort and habitability parameters that meet the highest expectations. For example, the glazing in the central volume, which marks out the living room area with double-height ceilings, also makes it possible to cross the entire outside garden into the interior of the house, creating a direct visual relationship with the pool from every room in the house.

This elegant villa has been meticulously built to a high standard, including state-of-the-art features such as underfloor heating, solar panels, pre-installation for central vacuum and home automation systems. For more details, don't hesitate to ask us for the detailed finishes map. The design of the villa is aimed at an intervention that fosters a strong relationship with nature and at the same time respects its surroundings.

The exteriors are finished with noble, local materials, such as stone and wood, giving the property an authentic feel, in perfect harmony with the Pinhal do Concelho urbanisation, which is marked by the presence of vegetation, particularly pine trees that are distributed throughout the plots. A stone's throw away, enjoy the convenience of a wide selection of restaurants, bars and the stunning Falésia beach.

You can also access the infrastructure of several surrounding resorts, namely Pine Cliffs, a Luxury Collection Resort affiliated with Marriott International, Inc., one of Europe's most prestigious and award-winning luxury resorts. Just a few minutes' drive away you'll find the famous Vilamoura, a golfer's paradise with 6 golf courses, and Vilamoura Marina, the first marina in Portugal to receive the 5 Gold Anchor Platinum certification.

Also ideal for those who enjoy water sports. For those looking for more entertainment and nightlife, you'll find happiness in typical, dynamic Albufeira. Faro International Airport is just 30 minutes away by car; Lisbon, like Seville, the capital of Andalusia, is 2.5 hours away, making this location even more desirable.

Book a no-obligation viewing now and discover your new home in this seaside paradise in the Algarve in southern Portugal. At IAD we share business with any property consultant or agency. We promote properties on more than 200 national and international property portals. If you are a professional in the sector and have a qualified buyer client, please contact me and arrange a viewing.

Please note that I am 100% available, by telephone or e-mail, to provide you with any further information about this property and to schedule a more detailed visit. #ref: 102898
Elegant new villa with swimming pool, currently being finished, located in a prestigious urbanisation in the parish of Olhos de Água, 800 metres from the stunning Falésia Beach and next to the luxury Pine Cliffs Resort complex. Delivered turnkey in the first half of 2024. This is a rare opportunity to acquire a splendid new residence with a gross floor area of 200 m², plus a basement of 150 m², built on a large plot of 610 m².

It comprises 3 en-suite bedrooms, 4 bathrooms, a swimming pool, a garden and a garage. On the ground floor, there is a separate fully equipped kitchen (which can be opened up as the new owner pleases), a large dining and living area that opens to the outside via sliding doors, with direct access to an elegant decked terrace where there is a barbecue area, the swimming pool and a shower.

From the terrace you can also access the garden equipped with an automatic irrigation system. On the same floor, there is a generous master bedroom with an en-suite bathroom and a guest toilet. The first floor consists of two more suites, both equipped with fitted wardrobes and large private terraces offering panoramic views of the pool and garden.

In the basement we find a garage for 3 cars and several spaces with natural light allowing for very versatile use. The villa was designed with a balanced articulation between vertical walls and glazed façades, offering comfort and habitability parameters that meet the highest expectations. For example, the glazing in the central volume, which marks out the living room area with double-height ceilings, also makes it possible to cross the entire outside garden into the interior of the house, creating a direct visual relationship with the pool from every room in the house.

This elegant villa has been meticulously built to a high standard, including state-of-the-art features such as underfloor heating, solar panels, pre-installation for central vacuum and home automation systems. For more details, don't hesitate to ask us for the detailed finishes map. The design of the villa is aimed at an intervention that fosters a strong relationship with nature and at the same time respects its surroundings.

The exteriors are finished with noble, local materials, such as stone and wood, giving the property an authentic feel, in perfect harmony with the Pinhal do Concelho urbanisation, which is marked by the presence of vegetation, particularly pine trees that are distributed throughout the plots. A stone's throw away, enjoy the convenience of a wide selection of restaurants, bars and the stunning Falésia beach.

You can also access the infrastructure of several surrounding resorts, namely Pine Cliffs, a Luxury Collection Resort affiliated with Marriott International, Inc., one of Europe's most prestigious and award-winning luxury resorts. Just a few minutes' drive away you'll find the famous Vilamoura, a golfer's paradise with 6 golf courses, and Vilamoura Marina, the first marina in Portugal to receive the 5 Gold Anchor Platinum certification.

Also ideal for those who enjoy water sports. For those looking for more entertainment and nightlife, you'll find happiness in typical, dynamic Albufeira. Faro International Airport is just 30 minutes away by car; Lisbon, like Seville, the capital of Andalusia, is 2.5 hours away, making this location even more desirable.

Book a no-obligation viewing now and discover your new home in this seaside paradise in the Algarve in southern Portugal. At IAD we share business with any property consultant or agency. We promote properties on more than 200 national and international property portals. If you are a professional in the sector and have a qualified buyer client, please contact me and arrange a viewing.

Please note that I am 100% available, by telephone or e-mail, to provide you with any further information about this property and to schedule a more detailed visit. #ref: 102898
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Property on Map

#102898

Currency Exchange

Albufeira, Faro, 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 €1,550,000 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
€1,550,000 £1,318,570 £1,358,560 £39,990
Property Price € €1,550,000
Minimum cost in the last six months £1,318,570
Maximum cost in the last six months £1,358,560
Fluctuating exchange rates over the last six months could have increased the cost of this property by £39,990

Albufeira, Faro, 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 €1,550,000 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
€1,550,000 £1,318,570 £1,358,560 £39,990
Property Price € €1,550,000
Minimum cost in the last six months £1,318,570
Maximum cost in the last six months £1,358,560
Fluctuating exchange rates over the last six months could have increased the cost of this property by £39,990

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 £39,990 more.

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