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Stunning brand new 5 bed contemporary style villa near Almancil, Algarve
Loulé, Faro, Portugal, 8100-241
REF: 995814
€5,995,000
Description
An exceptional property featuring sophistication, functionality, and contemporary luxury in Vale Formoso. Panoramic views. Extremely bright. This impressive five bedroom detached villa excellently located on a very quiet area close to the city of Almancil and nearby to all amenities.
Set on a 2.415 sqm plot with 674 sq.m. of built area, this contemporary style villa comprises of a grand double-height entrance hallway leading to a spacious open-plan ground floor. This level features spacious living and dining areas, and a state-of-the-art kitchen. Step outside to an outdoor kitchen with a grill, a lounge, and a dedicated entertainment area, complete with an infinity pool and a jacuzzi.
The residence offers five bedrooms, seven bathrooms and an additional one-bedroom apartment on the lower level, all finished with luxury finishes.
The naturally lit lower level is designed for leisure, complete with a cinema room, generous entertainment area, dedicated bar area, space suitable for a gym and a tranquil fountain.
This property showcases intelligent contemporary design, abundant natural light, and expansive living spaces just 5 km from Loulé and 10 km from the beaches of Vilamoura and Vale do Lobo.
The villa comes equipped with domotics, underfloor heating, air conditioning, double glazing and solar panels.
Furthermore it has a closed garage for two cars and exterior parking for several.
Must be seen to fully appreciate.
AlgarveProperty.com - AMI: 2196 - T.: 00351 289310310
An exceptional property featuring sophistication, functionality, and contemporary luxury in Vale Formoso. Panoramic views. Extremely bright. This impressive five bedroom detached villa excellently located on a very quiet area close to the city of Almancil and nearby to all amenities.
Set on a 2.415 sqm plot with 674 sq.m. of built area, this contemporary style villa comprises of a grand double-height entrance hallway leading to a spacious open-plan ground floor. This level features spacious living and dining areas, and a state-of-the-art kitchen. Step outside to an outdoor kitchen with a grill, a lounge, and a dedicated entertainment area, complete with an infinity pool and a jacuzzi.
The residence offers five bedrooms, seven bathrooms and an additional one-bedroom apartment on the lower level, all finished with luxury finishes.
The naturally lit lower level is designed for leisure, complete with a cinema room, generous entertainment area, dedicated bar area, space suitable for a gym and a tranquil fountain.
This property showcases intelligent contemporary design, abundant natural light, and expansive living spaces just 5 km from Loulé and 10 km from the beaches of Vilamoura and Vale do Lobo.
The villa comes equipped with domotics, underfloor heating, air conditioning, double glazing and solar panels.
Furthermore it has a closed garage for two cars and exterior parking for several.
Must be seen to fully appreciate.
AlgarveProperty.com - AMI: 2196 - T.: 00351 289310310
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Currency Exchange
Loulé, Faro, Portugal, 8100-241
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 €5,995,000 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 |
|---|---|---|---|
| €5,995,000 | £4,948,573 | £5,204,200 | £255,627 |
| Property Price € | €5,995,000 |
| Minimum cost in the last six months | £4,948,573 |
| Maximum cost in the last six months | £5,204,200 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £255,627 |
Loulé, Faro, Portugal, 8100-241
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 €5,995,000 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 |
|---|---|---|---|
| €5,995,000 | £4,948,573 | £5,204,200 | £255,627 |
| Property Price € | €5,995,000 |
| Minimum cost in the last six months | £4,948,573 |
| Maximum cost in the last six months | £5,204,200 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £255,627 |
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 £255,627 more.
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