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2 bedroom apartment at Ombria Resort in the Algarve Fresh air, natural beauty, the charm of white villages with cobbled streets, together with Prime services and a guaranteed return of your investment
Loulé, Faro, Portugal
REF: 807890
€1,026,100
Description
2 bedroom apartment at Ombria Resort in the Algarve Fresh air, natural beauty, the charm of white villages with cobbled streets, together with Prime services and a guaranteed return of your investment... Are some of the privileges that you can find at the Viceroy Residences of Ombria Resort in the Algarve, southern Portugal. Enjoy the best of both worlds. A perfect investment opportunity with a net guaranteed minimum return of 5% per year during the first five years (pre-tax and net of expenses).together with a well-managed holiday home to relax with the family, that allows you to close the door and leave rested. Each owner can spend up to ten weeks a year in this family resort wrapped in natural beauty. For the remainder of the year, your property will be managed by Viceroy Hotels & Resorts. Viceroy Residences are a set of 65 one- and two-bedroom apartments, with areas 70 to 173 m of internal area, integrated into the 5-star hotel 'Viceroy at Ombria Resort', spread over 18 buildings in the main village. The opening is scheduled for 4Q2024. The highest quality finishes combine the stunning views with the natural elements of the region such as stone and wood, crafts and traditional Portuguese materials come together in a sophisticated and modern context. All apartments are fully furnished and equipped, with custom kitchens, living rooms, bedrooms, bathrooms, and terraces. Some units have private pools or jacuzzi will surely find the most perfect for you. The owners enjoy all the facilities and services of the Hotel, such as five restaurants, heated swimming pools, a conference center, regional-inspired spa and the Children's Club, concierge, security system such as concierge, 24-hour security, including CCTV, as well as the 18-hole golf course. Local In the heart of the Algarve, south of Portugal, near Loulé and Querença, in a paradise for nature lovers, between green hills with rugged trails and slightly sloping valleys. A village carved on the wavy slopes as if it were always there. 15 minutes from Faro airport Energy Rating: A #ref:APT879.AH
2 bedroom apartment at Ombria Resort in the Algarve Fresh air, natural beauty, the charm of white villages with cobbled streets, together with Prime services and a guaranteed return of your investment... Are some of the privileges that you can find at the Viceroy Residences of Ombria Resort in the Algarve, southern Portugal. Enjoy the best of both worlds. A perfect investment opportunity with a net guaranteed minimum return of 5% per year during the first five years (pre-tax and net of expenses).together with a well-managed holiday home to relax with the family, that allows you to close the door and leave rested. Each owner can spend up to ten weeks a year in this family resort wrapped in natural beauty. For the remainder of the year, your property will be managed by Viceroy Hotels & Resorts. Viceroy Residences are a set of 65 one- and two-bedroom apartments, with areas 70 to 173 m of internal area, integrated into the 5-star hotel 'Viceroy at Ombria Resort', spread over 18 buildings in the main village. The opening is scheduled for 4Q2024. The highest quality finishes combine the stunning views with the natural elements of the region such as stone and wood, crafts and traditional Portuguese materials come together in a sophisticated and modern context. All apartments are fully furnished and equipped, with custom kitchens, living rooms, bedrooms, bathrooms, and terraces. Some units have private pools or jacuzzi will surely find the most perfect for you. The owners enjoy all the facilities and services of the Hotel, such as five restaurants, heated swimming pools, a conference center, regional-inspired spa and the Children's Club, concierge, security system such as concierge, 24-hour security, including CCTV, as well as the 18-hole golf course. Local In the heart of the Algarve, south of Portugal, near Loulé and Querença, in a paradise for nature lovers, between green hills with rugged trails and slightly sloping valleys. A village carved on the wavy slopes as if it were always there. 15 minutes from Faro airport Energy Rating: A #ref:APT879.AH
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Currency Exchange
Loulé, 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 €1,026,100 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 |
|---|---|---|---|
| €1,026,100 | £872,893 | £899,366 | £26,473 |
| Property Price € | €1,026,100 |
| Minimum cost in the last six months | £872,893 |
| Maximum cost in the last six months | £899,366 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £26,473 |
Loulé, 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 €1,026,100 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 |
|---|---|---|---|
| €1,026,100 | £872,893 | £899,366 | £26,473 |
| Property Price € | €1,026,100 |
| Minimum cost in the last six months | £872,893 |
| Maximum cost in the last six months | £899,366 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £26,473 |
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 £26,473 more.
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