Turnkey Semi-Detached Villa For Sale - Ferragudo Area - EUR 850,000 A well known developer is selling a semi-detached house of 250m2 to be built on a lot of 419m2 in Bela Vista, Ferragudo

Lagoa (Algarve), Faro, Portugal

For Sale

€995,000

REF: 876368 €995,000


4

4

250 m2

419 m2

Description

Turnkey Semi-Detached Villa For Sale - Ferragudo Area - EUR 850,000 A well known developer is selling a semi-detached house of 250m2 to be built on a lot of 419m2 in Bela Vista, Ferragudo. If you like the general design, but want to fully customize your own property, the developer also has a few plots left for sale in the same urbanization with asking price starting at EUR 260,000.

Location The semi-detached villa is located in Arade Premium Village, a new residential area located only 1.9km from the beautiful and picturesque village of Ferragudo and just a few minutes' drive from Portimão and Carvoeiro. Ferragudo is a charming and traditional fishing village which is known for its whitewashed cottages and romantic chapel perched high above the sea.

Ferragudo has a delightful harbor, secluded beaches and a broad selection of outstanding restaurants. Portimão is the second largest city in the Algarve. It is well known for its excellent sandy beaches, its vibrant nightlife and it has all the services that a large city has to offer (e.g. shops, cinemas, gym, restaurants, hospitals, pharmacies, schools or local food markets).

Whether you prefer to enjoy a quiet or vibrant lifestyle, you will be able to enjoy the best of both worlds from your new home in Arade Premium Village. Property Description The project will consist of a two story semi-detached villa of approximately 250m2 with a private parking for two cars and a pool.

As currently projected, the house will be very spacious with 4 bedrooms and an office. On the ground floor, you will find a very large open space (~81m2) consisting of a living room, a large kitchen and a laundry room. From the main room, you will have direct access to the outdoor area which will have an outdoor kitchen, dining room, garden and pool.

On the ground floor you will also find a bathroom with a shower and an additional room that can be used as a bedroom or an office space (~17m2). On the first floor, you will have a master suite, one ensuite bedroom and two additional bedrooms. The impressive master suite will totalize ~ 33 m2 and will have a walk-in closet and a bathroom equipped with double sinks and a bathtub.

It will also have a private balcony of ~13 m2. The other ensuite bedroom will be ~25m2 and have a bathroom equipped with a shower. The third and fourth bedrooms will be ~17m2 and ~14m2 respectively and have a shared bathroom equipped with double sinks and a bathtub. All bedrooms will have large balconies and ample storage.

The kitchen will be fully equipped with a microwave, oven, induction cooktop, dishwasher and fridge. The property is being built with high quality materials and standards following the owner's specifications. Although the property is already in construction, it is still possible to pick and choose your own finishes at this stage of the project.

Energy Certificate: A For more information on this turn key semi-detached villa or other development opportunities at Arade Premium Village, feel free to reach out. #ref: 125700
Turnkey Semi-Detached Villa For Sale - Ferragudo Area - EUR 850,000 A well known developer is selling a semi-detached house of 250m2 to be built on a lot of 419m2 in Bela Vista, Ferragudo. If you like the general design, but want to fully customize your own property, the developer also has a few plots left for sale in the same urbanization with asking price starting at EUR 260,000.

Location The semi-detached villa is located in Arade Premium Village, a new residential area located only 1.9km from the beautiful and picturesque village of Ferragudo and just a few minutes' drive from Portimão and Carvoeiro. Ferragudo is a charming and traditional fishing village which is known for its whitewashed cottages and romantic chapel perched high above the sea.

Ferragudo has a delightful harbor, secluded beaches and a broad selection of outstanding restaurants. Portimão is the second largest city in the Algarve. It is well known for its excellent sandy beaches, its vibrant nightlife and it has all the services that a large city has to offer (e.g. shops, cinemas, gym, restaurants, hospitals, pharmacies, schools or local food markets).

Whether you prefer to enjoy a quiet or vibrant lifestyle, you will be able to enjoy the best of both worlds from your new home in Arade Premium Village. Property Description The project will consist of a two story semi-detached villa of approximately 250m2 with a private parking for two cars and a pool.

As currently projected, the house will be very spacious with 4 bedrooms and an office. On the ground floor, you will find a very large open space (~81m2) consisting of a living room, a large kitchen and a laundry room. From the main room, you will have direct access to the outdoor area which will have an outdoor kitchen, dining room, garden and pool.

On the ground floor you will also find a bathroom with a shower and an additional room that can be used as a bedroom or an office space (~17m2). On the first floor, you will have a master suite, one ensuite bedroom and two additional bedrooms. The impressive master suite will totalize ~ 33 m2 and will have a walk-in closet and a bathroom equipped with double sinks and a bathtub.

It will also have a private balcony of ~13 m2. The other ensuite bedroom will be ~25m2 and have a bathroom equipped with a shower. The third and fourth bedrooms will be ~17m2 and ~14m2 respectively and have a shared bathroom equipped with double sinks and a bathtub. All bedrooms will have large balconies and ample storage.

The kitchen will be fully equipped with a microwave, oven, induction cooktop, dishwasher and fridge. The property is being built with high quality materials and standards following the owner's specifications. Although the property is already in construction, it is still possible to pick and choose your own finishes at this stage of the project.

Energy Certificate: A For more information on this turn key semi-detached villa or other development opportunities at Arade Premium Village, feel free to reach out. #ref: 125700
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Property on Map

#125700

Currency Exchange

Lagoa (Algarve), 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 €995,000 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
€995,000 £819,781 £863,750 £43,969
Property Price € €995,000
Minimum cost in the last six months £819,781
Maximum cost in the last six months £863,750
Fluctuating exchange rates over the last six months could have increased the cost of this property by £43,969

Lagoa (Algarve), 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 €995,000 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
€995,000 £819,781 £863,750 £43,969
Property Price € €995,000
Minimum cost in the last six months £819,781
Maximum cost in the last six months £863,750
Fluctuating exchange rates over the last six months could have increased the cost of this property by £43,969

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 £43,969 more.

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