Building plot with project approved for a 5 bed contemporary style villa in Almancil, Algarve

Loulé, Faro, Portugal, 8100-241

For Sale

€1,250,000

REF: 996154 €1,250,000


Description

Construction Plot with approved project in place for Stunning Contemporary Villa with Panoramic Views closeby to Almancil. Fabulous plot of land with 4.436 sq.m. and project approved for the construction of a contemporary style villa with swimming pool with approx 744 sq.m. of built area. A rare opportunity to create your own private sanctuary in the desirable area of Sitio dos Quartos where tranquility meets convenience.

Perfectly positioned, this exclusive villa offers the best of both worlds: complete privacy in a serene setting, while remaining just moments from the vibrant city centre of Loulé and the prestigious resorts of Quinta do Lago and Vale do Lobo. Surrounded by lush greenery, the villa is thoughtfully designed to harmonize with its natural surroundings.

The project includes five generous bedroom suites four on the upper floor and one on the ground floor offering flexibility and comfort for family and guests alike. At the heart of the property lies a beautifully positioned overflow infinity swimming pool that captures sunlight throughout the day, creating an inviting space to unwind in luxury. The spacious basement has been envisioned to include a cinema room, games area, and a fully equipped gym, giving you the freedom to transform it into your dream entertainment zone or wellness retreat. Book your visit now!!! AlgarveProperty.com - AMI: 2196 - T.: 00351 289310310
Construction Plot with approved project in place for Stunning Contemporary Villa with Panoramic Views closeby to Almancil. Fabulous plot of land with 4.436 sq.m. and project approved for the construction of a contemporary style villa with swimming pool with approx 744 sq.m. of built area. A rare opportunity to create your own private sanctuary in the desirable area of Sitio dos Quartos where tranquility meets convenience.

Perfectly positioned, this exclusive villa offers the best of both worlds: complete privacy in a serene setting, while remaining just moments from the vibrant city centre of Loulé and the prestigious resorts of Quinta do Lago and Vale do Lobo. Surrounded by lush greenery, the villa is thoughtfully designed to harmonize with its natural surroundings.

The project includes five generous bedroom suites four on the upper floor and one on the ground floor offering flexibility and comfort for family and guests alike. At the heart of the property lies a beautifully positioned overflow infinity swimming pool that captures sunlight throughout the day, creating an inviting space to unwind in luxury. The spacious basement has been envisioned to include a cinema room, games area, and a fully equipped gym, giving you the freedom to transform it into your dream entertainment zone or wellness retreat. Book your visit now!!! AlgarveProperty.com - AMI: 2196 - T.: 00351 289310310
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Property on Map

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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 €1,250,000 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
€1,250,000 £1,031,813 £1,085,113 £53,300
Property Price € €1,250,000
Minimum cost in the last six months £1,031,813
Maximum cost in the last six months £1,085,113
Fluctuating exchange rates over the last six months could have increased the cost of this property by £53,300

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 €1,250,000 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
€1,250,000 £1,031,813 £1,085,113 £53,300
Property Price € €1,250,000
Minimum cost in the last six months £1,031,813
Maximum cost in the last six months £1,085,113
Fluctuating exchange rates over the last six months could have increased the cost of this property by £53,300

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 £53,300 more.

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