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Modern 5 bedroom house with swimming pool to be built with approved project Fuzeta, Moncarapacho
Olhão, Faro, Portugal, 8700-061
REF: 970488
€595,000
Description
I present an excellent investment opportunity in the heart of the Eastern Algarve: a 5-bedroom villa with an approved project, located in the charming Fuzeta area, in Moncarapacho one of the most peaceful and authentic areas of the municipality of Olhão. Set on a generous plot, this villa was designed with contemporary architecture and high-quality materials, prioritizing natural light, comfort and functionality. The project includes five bedrooms, an open-plan living and dining room, a fully equipped modern kitchen, several bathrooms, a laundry room and technical areas. There are also plans for a garage, garden and a stunning infinity pool perfect for sunny Algarve days. Located in a peaceful rural setting, but just a few minutes from the center of Moncarapacho and Fuzeta beach, this villa offers the ideal balance between privacy and accessibility to schools, shops, services and highways. Property highlights: T5-bedroom apartment Project approved and ready to build Possibility to customize finishes and execution Modern and functional architecture Infinity pool and garden Private garage Excellent sun exposure Quiet area, with good accessibility Perfect for permanent residence, holiday home or investment with high profitability potential. Embrace this project and build the home of your dreams in the Algarve. Contact me for more information or to schedule a site visit.
I present an excellent investment opportunity in the heart of the Eastern Algarve: a 5-bedroom villa with an approved project, located in the charming Fuzeta area, in Moncarapacho one of the most peaceful and authentic areas of the municipality of Olhão. Set on a generous plot, this villa was designed with contemporary architecture and high-quality materials, prioritizing natural light, comfort and functionality. The project includes five bedrooms, an open-plan living and dining room, a fully equipped modern kitchen, several bathrooms, a laundry room and technical areas. There are also plans for a garage, garden and a stunning infinity pool perfect for sunny Algarve days. Located in a peaceful rural setting, but just a few minutes from the center of Moncarapacho and Fuzeta beach, this villa offers the ideal balance between privacy and accessibility to schools, shops, services and highways. Property highlights: T5-bedroom apartment Project approved and ready to build Possibility to customize finishes and execution Modern and functional architecture Infinity pool and garden Private garage Excellent sun exposure Quiet area, with good accessibility Perfect for permanent residence, holiday home or investment with high profitability potential. Embrace this project and build the home of your dreams in the Algarve. Contact me for more information or to schedule a site visit.
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Currency Exchange
Olhão, Faro, Portugal, 8700-061
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 €595,000 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 |
|---|---|---|---|
| €595,000 | £491,089 | £516,514 | £25,424 |
| Property Price € | €595,000 |
| Minimum cost in the last six months | £491,089 |
| Maximum cost in the last six months | £516,514 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £25,424 |
Olhão, Faro, Portugal, 8700-061
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 €595,000 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 |
|---|---|---|---|
| €595,000 | £491,089 | £516,514 | £25,424 |
| Property Price € | €595,000 |
| Minimum cost in the last six months | £491,089 |
| Maximum cost in the last six months | £516,514 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £25,424 |
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 £25,424 more.
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