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Nomad Bay Algarve is a luxurious resort located close to the beach and close to golf courses in the Carvoeiro area
Lagoa, Faro, Portugal, 8400-564
REF: 966377
€697,000
Description
Nomad Bay Algarve is a luxury resort located next to the beach and close to prestigious golf courses, in the Carvoeiro region one of the most exclusive areas of the Algarve.
The development consists of 74 T1 to T3 apartments, with areas between 56 m and 138 m , standing out for its high quality finishes, panoramic views and private terraces. All apartments are marketed and managed for tourist rental by the Nomad Bay brand, ensuring a practical and profitable solution for owners.
The large floor-to-ceiling windows provide bright interiors and a harmonious connection with the generous outdoor spaces. The resort offers a wide range of excellent services and amenities, designed to provide comfort, well-being and exclusivity:
Services and Amenities :
- Gated, secure resort with 24-hour reception
- Internal transportation and transfer to the beach during high season
- Pools, landscaped gardens, and landscaped terraces
- Restaurant and bar with selected gastronomic offer
- Fully equipped gym
- Underground parking and private storage rooms
- Management of serviced rentals
- Maintenance and technical assistance
- Personalized services available on request
Just a few minutes from the beach, Carvoeiro offers a perfect combination of tranquility, sophistication and convenience, with haute cuisine restaurants, renowned golf courses and proximity to Faro International Airport.
Nomad Bay Algarve represents a unique investment opportunity in an exclusive environment, which combines a privileged location with the comfort and privacy of a resort of excellence.
Our company assists in all sectors, such as how to obtain the best exchange rates, account opening and documentation related to bank loans, carrying out improvement works, etc.
Don't miss this opportunity and contact us for a visit.
Nomad Bay Algarve is a luxury resort located next to the beach and close to prestigious golf courses, in the Carvoeiro region one of the most exclusive areas of the Algarve.
The development consists of 74 T1 to T3 apartments, with areas between 56 m and 138 m , standing out for its high quality finishes, panoramic views and private terraces. All apartments are marketed and managed for tourist rental by the Nomad Bay brand, ensuring a practical and profitable solution for owners.
The large floor-to-ceiling windows provide bright interiors and a harmonious connection with the generous outdoor spaces. The resort offers a wide range of excellent services and amenities, designed to provide comfort, well-being and exclusivity:
Services and Amenities :
- Gated, secure resort with 24-hour reception
- Internal transportation and transfer to the beach during high season
- Pools, landscaped gardens, and landscaped terraces
- Restaurant and bar with selected gastronomic offer
- Fully equipped gym
- Underground parking and private storage rooms
- Management of serviced rentals
- Maintenance and technical assistance
- Personalized services available on request
Just a few minutes from the beach, Carvoeiro offers a perfect combination of tranquility, sophistication and convenience, with haute cuisine restaurants, renowned golf courses and proximity to Faro International Airport.
Nomad Bay Algarve represents a unique investment opportunity in an exclusive environment, which combines a privileged location with the comfort and privacy of a resort of excellence.
Our company assists in all sectors, such as how to obtain the best exchange rates, account opening and documentation related to bank loans, carrying out improvement works, etc.
Don't miss this opportunity and contact us for a visit.
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Property on Map
Currency Exchange
Lagoa, Faro, Portugal, 8400-564
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 €697,000 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 |
|---|---|---|---|
| €697,000 | £574,258 | £605,059 | £30,800 |
| Property Price € | €697,000 |
| Minimum cost in the last six months | £574,258 |
| Maximum cost in the last six months | £605,059 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £30,800 |
Lagoa, Faro, Portugal, 8400-564
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 €697,000 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 |
|---|---|---|---|
| €697,000 | £574,258 | £605,059 | £30,800 |
| Property Price € | €697,000 |
| Minimum cost in the last six months | £574,258 |
| Maximum cost in the last six months | £605,059 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £30,800 |
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 £30,800 more.
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