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Set in the prestigious area of Penina, in Alvor, is this fantastic traditional villa, overlooking the golf course, with 4 Bedrooms, offering both privacy and tranquility
Portimão, Portugal
REF: 745721
€1,390,000
Description
Set in the prestigious area of Penina, in Alvor, is this fantastic traditional villa, overlooking the golf course, with 4 Bedrooms, offering both privacy and tranquility. Upon entering the house, there is a large entrance hall, which leads directly to the spacious living room, with large windows that allow plenty of natural light and direct access to the garden and pool area. Also located on the first floor is the dining room, a fully equipped kitchen, laundry room, two storage areas, a bathroom, and direct access to the garage, as well as one of the 4 bedrooms, all of which have built-in closets, and air conditioning systems. Ascending the staircase to the first floor, there are the three bedrooms, all with en suite bathrooms and private balconies. Outside there is a well-maintained garden, an outdoor dining and barbecue area along with a leisure area and a swimming pool. The property has a two-car garage and also has a carport for two cars and additional space for parking in the driveway. Excellent business opportunity, either for permanent living or for holiday. Located just a few miles from the fishing village of Alvor and the city of Portimão, close to all amenities and beaches, and a 45 minutes drive to Faro International Airport. CHARACTERISTICS:Plot Area: 1 710 m2 | 18 406 sq ftUseful area: 219 m2 | 2 359 sq ftDeployment Area: 219 m2 | 2 352 sq ftBuilding Area: 349 m2 | 3 754 sq ftBedrooms: 4Garage: 4Energy efficiency: CFEATURES:Four bedrooms Equipped kitchen Laundry Garden Balcony Barbecue Swimming Pool Garage Air-conditioning 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
Set in the prestigious area of Penina, in Alvor, is this fantastic traditional villa, overlooking the golf course, with 4 Bedrooms, offering both privacy and tranquility. Upon entering the house, there is a large entrance hall, which leads directly to the spacious living room, with large windows that allow plenty of natural light and direct access to the garden and pool area. Also located on the first floor is the dining room, a fully equipped kitchen, laundry room, two storage areas, a bathroom, and direct access to the garage, as well as one of the 4 bedrooms, all of which have built-in closets, and air conditioning systems. Ascending the staircase to the first floor, there are the three bedrooms, all with en suite bathrooms and private balconies. Outside there is a well-maintained garden, an outdoor dining and barbecue area along with a leisure area and a swimming pool. The property has a two-car garage and also has a carport for two cars and additional space for parking in the driveway. Excellent business opportunity, either for permanent living or for holiday. Located just a few miles from the fishing village of Alvor and the city of Portimão, close to all amenities and beaches, and a 45 minutes drive to Faro International Airport. CHARACTERISTICS:Plot Area: 1 710 m2 | 18 406 sq ftUseful area: 219 m2 | 2 359 sq ftDeployment Area: 219 m2 | 2 352 sq ftBuilding Area: 349 m2 | 3 754 sq ftBedrooms: 4Garage: 4Energy efficiency: CFEATURES:Four bedrooms Equipped kitchen Laundry Garden Balcony Barbecue Swimming Pool Garage Air-conditioning 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
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 €1,390,000 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 |
|---|---|---|---|
| €1,390,000 | £1,182,459 | £1,218,391 | £35,932 |
| Property Price € | €1,390,000 |
| Minimum cost in the last six months | £1,182,459 |
| Maximum cost in the last six months | £1,218,391 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £35,932 |
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 €1,390,000 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 |
|---|---|---|---|
| €1,390,000 | £1,182,459 | £1,218,391 | £35,932 |
| Property Price € | €1,390,000 |
| Minimum cost in the last six months | £1,182,459 |
| Maximum cost in the last six months | £1,218,391 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £35,932 |
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 £35,932 more.
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