Luxurious 3 bedroom villa with stunning views under construction in Monchique, Algarve

Monchique, Faro, Portugal, 8550-232

For Sale

€1,680,000

REF: 825628 €1,680,000


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Description

Contemporary 3 bedroom villa close to Caldas de Monchique Thermal Baths. Panoramic view of the mountains and the Algarve coast. Luxury 3 bedroom villa with contemporary design and breathtaking views located close to Caldas de Monchique. Surrounded by stunning natural beauty, this property offers a private retreat for those seeking tranquillity and comfort, away from the hectic city life, yet just a 30-minute drive from the most beautiful beaches in the region. Set on a 2.000 sq.m.

plot with 300 sq.m. of built area. With modern architecture and high-quality finishes, this very unique villa with its multiple windows is very bright and has spacious living areas. The property comprises of an impressive living/dining room with an open kitchen, laundry room and a guest toilet on the ground floor. On the first floor, there are 3 bedrooms, all en-suite and with built-in wardrobes.

The rooms have direct access to a large balcony with panoramic views of the mountains and the sea. The property has high-quality finishes and is equipped with hydraulic underfloor heating, a domestic hot water return network, ducted air conditioning, a sanitary water heating system with heat pump resources, and electric shutters.

Kitchen appliances from Bosch series 8. Central vacuum. Photovoltaic panels. Elevator. Pre-installation for charging electric vehicles. The outdoor space is equally impressive, with a saltwater infinity pool, garden and large terraces with excellent sun exposure to enjoy outdoor life. A unique property to live in permanently or for holidays. AlgarveProperty.com - AMI 2496 - T.:00351 289310310
Contemporary 3 bedroom villa close to Caldas de Monchique Thermal Baths. Panoramic view of the mountains and the Algarve coast. Luxury 3 bedroom villa with contemporary design and breathtaking views located close to Caldas de Monchique. Surrounded by stunning natural beauty, this property offers a private retreat for those seeking tranquillity and comfort, away from the hectic city life, yet just a 30-minute drive from the most beautiful beaches in the region. Set on a 2.000 sq.m.

plot with 300 sq.m. of built area. With modern architecture and high-quality finishes, this very unique villa with its multiple windows is very bright and has spacious living areas. The property comprises of an impressive living/dining room with an open kitchen, laundry room and a guest toilet on the ground floor. On the first floor, there are 3 bedrooms, all en-suite and with built-in wardrobes.

The rooms have direct access to a large balcony with panoramic views of the mountains and the sea. The property has high-quality finishes and is equipped with hydraulic underfloor heating, a domestic hot water return network, ducted air conditioning, a sanitary water heating system with heat pump resources, and electric shutters.

Kitchen appliances from Bosch series 8. Central vacuum. Photovoltaic panels. Elevator. Pre-installation for charging electric vehicles. The outdoor space is equally impressive, with a saltwater infinity pool, garden and large terraces with excellent sun exposure to enjoy outdoor life. A unique property to live in permanently or for holidays. AlgarveProperty.com - AMI 2496 - T.:00351 289310310
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Property on Map

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Currency Exchange

Monchique, Faro, Portugal, 8550-232

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 €1,680,000 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
€1,680,000 £1,429,159 £1,466,892 £37,733
Property Price € €1,680,000
Minimum cost in the last six months £1,429,159
Maximum cost in the last six months £1,466,892
Fluctuating exchange rates over the last six months could have increased the cost of this property by £37,733

Monchique, Faro, Portugal, 8550-232

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 €1,680,000 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
€1,680,000 £1,429,159 £1,466,892 £37,733
Property Price € €1,680,000
Minimum cost in the last six months £1,429,159
Maximum cost in the last six months £1,466,892
Fluctuating exchange rates over the last six months could have increased the cost of this property by £37,733

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 £37,733 more.

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