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Villa Ray
Loulé, Faro, Portugal
REF: 991924
€3,280,000
Description
This elegant modern villa offers a rare combination of architectural sophistication, comfort, and practicality all within walking distance of the beach and a wide range of leisure amenities. Designed with contemporary flair, the property features crisp lines, expansive glass panels, and an open-plan layout that maximises natural light and encourages a fluid connection between interior and exterior living.
The ground floor comprises two spacious en-suite bedrooms, a luminous living and dining area that opens directly onto the pool terrace, a guest bathroom, and a fully fitted modern kitchen with a centre island and high-quality appliances. On the first floor, two additional en-suite bedrooms offer privacy and refinement, while the basement level presents a flexible space with two multi-purpose rooms, a laundry area, an additional bathroom, a double garage, and a covered carport. The home is equipped with air conditioning, underfloor heating on the ground and first floors, electric radiators in the basement, electric shutters, and solar-powered water heating ensuring year-round comfort and energy efficiency.
Beyond its thoughtful layout and technical features, this villa has been designed for effortless living and entertaining. The private swimming pool is surrounded by generous sun-drenched terraces, while a covered built-in BBQ area invites long afternoons of al fresco dining. An outdoor bathroom adds convenience for poolside relaxation. The property is set in a quiet, prestigious residential area, offering tranquillity with easy access to top-tier golf courses, fine dining, international schools, and Faro Airport all within a short drive.
Whether you are seeking a luxurious primary residence, a lock-up-and-leave holiday retreat, or a long-term investment in Portugal s thriving property market, this villa delivers both lifestyle and value in one of the Algarve s most desirable coastal regions.
This is a once-in-a-lifetime opportunity to own a villa in one of the Algarve's most sought-after locations. Arrange your exclusive viewing with ONE Select Properties today experience luxury redefined.
This elegant modern villa offers a rare combination of architectural sophistication, comfort, and practicality all within walking distance of the beach and a wide range of leisure amenities. Designed with contemporary flair, the property features crisp lines, expansive glass panels, and an open-plan layout that maximises natural light and encourages a fluid connection between interior and exterior living.
The ground floor comprises two spacious en-suite bedrooms, a luminous living and dining area that opens directly onto the pool terrace, a guest bathroom, and a fully fitted modern kitchen with a centre island and high-quality appliances. On the first floor, two additional en-suite bedrooms offer privacy and refinement, while the basement level presents a flexible space with two multi-purpose rooms, a laundry area, an additional bathroom, a double garage, and a covered carport. The home is equipped with air conditioning, underfloor heating on the ground and first floors, electric radiators in the basement, electric shutters, and solar-powered water heating ensuring year-round comfort and energy efficiency.
Beyond its thoughtful layout and technical features, this villa has been designed for effortless living and entertaining. The private swimming pool is surrounded by generous sun-drenched terraces, while a covered built-in BBQ area invites long afternoons of al fresco dining. An outdoor bathroom adds convenience for poolside relaxation. The property is set in a quiet, prestigious residential area, offering tranquillity with easy access to top-tier golf courses, fine dining, international schools, and Faro Airport all within a short drive.
Whether you are seeking a luxurious primary residence, a lock-up-and-leave holiday retreat, or a long-term investment in Portugal s thriving property market, this villa delivers both lifestyle and value in one of the Algarve s most desirable coastal regions.
This is a once-in-a-lifetime opportunity to own a villa in one of the Algarve's most sought-after locations. Arrange your exclusive viewing with ONE Select Properties today experience luxury redefined.
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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 €3,280,000 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 |
|---|---|---|---|
| €3,280,000 | £2,707,476 | £2,847,335 | £139,859 |
| Property Price € | €3,280,000 |
| Minimum cost in the last six months | £2,707,476 |
| Maximum cost in the last six months | £2,847,335 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £139,859 |
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 €3,280,000 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 |
|---|---|---|---|
| €3,280,000 | £2,707,476 | £2,847,335 | £139,859 |
| Property Price € | €3,280,000 |
| Minimum cost in the last six months | £2,707,476 |
| Maximum cost in the last six months | £2,847,335 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £139,859 |
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 £139,859 more.
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