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The property offers a fantastic combination of a solid quality build and a thoughtful design creating a fantastic flow from spacious interiors to expansive terraces
Lagos, Algarve, Portugal, 8600-110
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REF: 353157
€2,250,000
Description
The property offers a fantastic combination of a solid quality build and a thoughtful design creating a fantastic flow from spacious interiors to expansive terraces.
But it is the extra features that provide a fantastic bonus in terms of relaxation and enjoyment these include indoor & outdoor heated pools, games room, private cinema, a home gym, pool side barbeque & summer kitchen with covered dining terrace, and one of the largest private wine cellars in the western Algarve.
The living areas, both inside and outside are generous and can easily host a party of 16. There is a large lounge that flows perfectly to the pool terrace and a separate generous dining room. The kitchen is also particularly large with a bespoke central island and large breakfast area. The bedrooms are spread over 3 levels and include a spacious master suite with a private office, large dressing room and generous en suite bathroom.
The lower ground floor hosts a self contained 2 bedroom apartment with its own seating area and kitchenette. Here you also find a laundry, storage, another small bedroom and many of the fun extras in the property.
Further features include radiator central heating, air conditioning throughout, a 3 car garage & large carport all set with-in beautifully landscaped gardens. The villa offers fantastic rental potential for those who wish to cover their running costs and receive a further return on their investment.
For those who appreciate substance & style along with enjoyment in quality of life, this property is worth a visit.
The property offers a fantastic combination of a solid quality build and a thoughtful design creating a fantastic flow from spacious interiors to expansive terraces.
But it is the extra features that provide a fantastic bonus in terms of relaxation and enjoyment these include indoor & outdoor heated pools, games room, private cinema, a home gym, pool side barbeque & summer kitchen with covered dining terrace, and one of the largest private wine cellars in the western Algarve.
The living areas, both inside and outside are generous and can easily host a party of 16. There is a large lounge that flows perfectly to the pool terrace and a separate generous dining room. The kitchen is also particularly large with a bespoke central island and large breakfast area. The bedrooms are spread over 3 levels and include a spacious master suite with a private office, large dressing room and generous en suite bathroom.
The lower ground floor hosts a self contained 2 bedroom apartment with its own seating area and kitchenette. Here you also find a laundry, storage, another small bedroom and many of the fun extras in the property.
Further features include radiator central heating, air conditioning throughout, a 3 car garage & large carport all set with-in beautifully landscaped gardens. The villa offers fantastic rental potential for those who wish to cover their running costs and receive a further return on their investment.
For those who appreciate substance & style along with enjoyment in quality of life, this property is worth a visit.
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Property on Map
Currency Exchange
Lagos, Algarve, Portugal, 8600-110
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 €2,250,000 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 |
|---|---|---|---|
| €2,250,000 | £1,863,698 | £1,933,763 | £70,065 |
| Property Price € | €2,250,000 |
| Minimum cost in the last six months | £1,863,698 |
| Maximum cost in the last six months | £1,933,763 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £70,065 |
Lagos, Algarve, Portugal, 8600-110
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 €2,250,000 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 |
|---|---|---|---|
| €2,250,000 | £1,863,698 | £1,933,763 | £70,065 |
| Property Price € | €2,250,000 |
| Minimum cost in the last six months | £1,863,698 |
| Maximum cost in the last six months | £1,933,763 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £70,065 |
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 £70,065 more.
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