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Encosta da Luz - Villa 2 - Praia da Luz
Lagos, Faro, Portugal, 8600-117
REF: 503780
€2,950,000
Description
Luxury Eco-Villa for Sale in Praia da Luz: Last Opportunity to Own in Encosta da Luz Seize the chance to own the final villa in the exclusive Encosta da Luz complex, a luxurious residential development just 1 km from the pristine beaches of Praia da Luz. Designed by the award-winning architect Mario Martins, this stunning property blends modern elegance with sustainability, offering a total construction area of 448.85m on a generous 989m plot.
Crafted to the highest standards, this villa is built with cutting-edge thermal and acoustic insulation, achieving an impressive A+ energy rating. This makes the villa 25% more energy-efficient than comparable properties, ensuring lower energy costs and a reduced environmental footprint.
The villa showcases innovative steel frame construction and eco-friendly materials, emphasizing sustainability at every turn. Natural materials, eco-friendly paint, a rainwater retention tank, and minimal landscaping featuring native plants that require little watering all contribute to its eco-friendly design.
The first floor boasts a spacious open-plan living, dining, and kitchen area, bathed in natural light and offering breathtaking views of Praia da Luz and the iconic "Black Rock". The master bedroom, complete with an en-suite bathroom, provides a luxurious retreat, while an additional bedroom or office space offers direct access to the serene pool area.
The lower level features two more spacious bedrooms, each with its own en-suite bathroom, as well as a garage with a convenient laundry area.
This villa is a unique blend of luxury, sustainability, and modern design, offering a tranquil lifestyle in one of Portugal's most desirable locations. Don t miss the opportunity to own the last of these exceptional villas in Encosta da Luz.
Contact us today for more information and to arrange a viewing.
Luxury Eco-Villa for Sale in Praia da Luz: Last Opportunity to Own in Encosta da Luz Seize the chance to own the final villa in the exclusive Encosta da Luz complex, a luxurious residential development just 1 km from the pristine beaches of Praia da Luz. Designed by the award-winning architect Mario Martins, this stunning property blends modern elegance with sustainability, offering a total construction area of 448.85m on a generous 989m plot.
Crafted to the highest standards, this villa is built with cutting-edge thermal and acoustic insulation, achieving an impressive A+ energy rating. This makes the villa 25% more energy-efficient than comparable properties, ensuring lower energy costs and a reduced environmental footprint.
The villa showcases innovative steel frame construction and eco-friendly materials, emphasizing sustainability at every turn. Natural materials, eco-friendly paint, a rainwater retention tank, and minimal landscaping featuring native plants that require little watering all contribute to its eco-friendly design.
The first floor boasts a spacious open-plan living, dining, and kitchen area, bathed in natural light and offering breathtaking views of Praia da Luz and the iconic "Black Rock". The master bedroom, complete with an en-suite bathroom, provides a luxurious retreat, while an additional bedroom or office space offers direct access to the serene pool area.
The lower level features two more spacious bedrooms, each with its own en-suite bathroom, as well as a garage with a convenient laundry area.
This villa is a unique blend of luxury, sustainability, and modern design, offering a tranquil lifestyle in one of Portugal's most desirable locations. Don t miss the opportunity to own the last of these exceptional villas in Encosta da Luz.
Contact us today for more information and to arrange a viewing.
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Currency Exchange
Lagos, Faro, Portugal, 8600-117
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 €2,950,000 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 |
|---|---|---|---|
| €2,950,000 | £2,443,515 | £2,535,378 | £91,863 |
| Property Price € | €2,950,000 |
| Minimum cost in the last six months | £2,443,515 |
| Maximum cost in the last six months | £2,535,378 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £91,863 |
Lagos, Faro, Portugal, 8600-117
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 €2,950,000 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 |
|---|---|---|---|
| €2,950,000 | £2,443,515 | £2,535,378 | £91,863 |
| Property Price € | €2,950,000 |
| Minimum cost in the last six months | £2,443,515 |
| Maximum cost in the last six months | £2,535,378 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £91,863 |
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 £91,863 more.
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