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This luxurious 3 bedroom villa occupies a prime location on the Monte Lemos hillside in Praia da Luz, overlooking the town and with lovely views to the sea
Lagos, Algarve, Portugal
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REF: 500091
€2,350,000
Description
This luxurious 3 bedroom villa occupies a prime location on the Monte Lemos hillside in Praia da Luz, overlooking the town and with lovely views to the sea.
Thoughtfully designed, all rooms in the home flow easily onto generous south facing terraces maximising indoor outdoor living and making the most of the lovely views.
The living area is spread over 2 levels. The upper level hosts a spacious open plan lounge / dining / kitchen and a master bedroom suite with a private dressing area and large private bathroom with a walk in shower + jacuzzi bath.
While the ground floor hosts 2 double bedroom suites, each with ample wardrobe space and private en suite bathrooms.
All rooms are fronted with floor-to-ceiling and wall-to-wall windows, bathing the villa with natural light and creating a seamless flow to the outdoors.
The basement hosts a double garage with an automatic entrance door and direct access to the home
Further features should include quality double glazing, air conditioning for heating and cooling, jacuzzi, electric underfloor heating, central vacuum system, integrated sound system, high security entrance door, alarm system, electric shutters, led lightning and a fully landscaped garden.
Construction is due to begin shortly and the home can be delivered for Spring Summer 2023.
This luxurious 3 bedroom villa occupies a prime location on the Monte Lemos hillside in Praia da Luz, overlooking the town and with lovely views to the sea.
Thoughtfully designed, all rooms in the home flow easily onto generous south facing terraces maximising indoor outdoor living and making the most of the lovely views.
The living area is spread over 2 levels. The upper level hosts a spacious open plan lounge / dining / kitchen and a master bedroom suite with a private dressing area and large private bathroom with a walk in shower + jacuzzi bath.
While the ground floor hosts 2 double bedroom suites, each with ample wardrobe space and private en suite bathrooms.
All rooms are fronted with floor-to-ceiling and wall-to-wall windows, bathing the villa with natural light and creating a seamless flow to the outdoors.
The basement hosts a double garage with an automatic entrance door and direct access to the home
Further features should include quality double glazing, air conditioning for heating and cooling, jacuzzi, electric underfloor heating, central vacuum system, integrated sound system, high security entrance door, alarm system, electric shutters, led lightning and a fully landscaped garden.
Construction is due to begin shortly and the home can be delivered for Spring Summer 2023.
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Currency Exchange
Lagos, Algarve, 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 €2,350,000 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 |
|---|---|---|---|
| €2,350,000 | £1,946,529 | £2,019,708 | £73,179 |
| Property Price € | €2,350,000 |
| Minimum cost in the last six months | £1,946,529 |
| Maximum cost in the last six months | £2,019,708 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £73,179 |
Lagos, Algarve, 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 €2,350,000 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 |
|---|---|---|---|
| €2,350,000 | £1,946,529 | £2,019,708 | £73,179 |
| Property Price € | €2,350,000 |
| Minimum cost in the last six months | £1,946,529 |
| Maximum cost in the last six months | £2,019,708 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £73,179 |
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 £73,179 more.
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