Luxury Villa in Praia da Luz with Sea View

Lagos, Faro, Portugal, 8600-119

For Sale

€2,350,000

REF: 602979 €2,350,000


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Description

Located in a prestigious development in the desirable town of Luz, built to exacting standards and enjoying beautiful sea views. This 3 bedroom villa is now under construction and due for completion in 2023. With a fully fitted and equipped kitchen, landscaped garden with boundary wall around the entire property, electric shutters and blinds, 3 en-suite bedrooms, plus guest WC, garage for parking and storage.

Air conditioning throughout and electric underfloor heating. Alarm system. Luz is a delightful town just 5 minutes drive from the bustling and cosmopolitan city of Lagos, with a stunning beach, lots of lovely local restaurants and facilities which make it a perfect location for permanent living or as a holiday home destination.

The scarcity of urban land with sea views makes this property a wonderful opportunity to secure yourself an unbeatable position in a quiet and mature urbanisation, yet walking distance to the beach, supermarket and facilities. Contact us today for more information or to book a site visit. OLIVEHOMES.COM A unique real estate company with a vast experience and local knowledge within the property market to buy your perfect home or sell your existing home.

Virtual selling is our reality. We offer our unique virtual experience on this amazing property and many others. Take a look around in your own time, and you will find a fully immersive 3D experience, and a 360 tour allowing you to remotely access the property and see every detail from the comfort of your own home.

Call us today to book your guided virtual tour or a viewing in person. We will use our experience to find the perfect fit for you. At olivehomes.com we pride ourselves in matching you to your ideal investment. You are unique, and we have the experience to listen and help. Turn your property purchase dream into a reality! Call us today Virtual selling is our reality.
Located in a prestigious development in the desirable town of Luz, built to exacting standards and enjoying beautiful sea views. This 3 bedroom villa is now under construction and due for completion in 2023. With a fully fitted and equipped kitchen, landscaped garden with boundary wall around the entire property, electric shutters and blinds, 3 en-suite bedrooms, plus guest WC, garage for parking and storage.

Air conditioning throughout and electric underfloor heating. Alarm system. Luz is a delightful town just 5 minutes drive from the bustling and cosmopolitan city of Lagos, with a stunning beach, lots of lovely local restaurants and facilities which make it a perfect location for permanent living or as a holiday home destination.

The scarcity of urban land with sea views makes this property a wonderful opportunity to secure yourself an unbeatable position in a quiet and mature urbanisation, yet walking distance to the beach, supermarket and facilities. Contact us today for more information or to book a site visit. OLIVEHOMES.COM A unique real estate company with a vast experience and local knowledge within the property market to buy your perfect home or sell your existing home.

Virtual selling is our reality. We offer our unique virtual experience on this amazing property and many others. Take a look around in your own time, and you will find a fully immersive 3D experience, and a 360 tour allowing you to remotely access the property and see every detail from the comfort of your own home.

Call us today to book your guided virtual tour or a viewing in person. We will use our experience to find the perfect fit for you. At olivehomes.com we pride ourselves in matching you to your ideal investment. You are unique, and we have the experience to listen and help. Turn your property purchase dream into a reality! Call us today Virtual selling is our reality.
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Property on Map

#OH2393

Currency Exchange

Lagos, Faro, Portugal, 8600-119

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 £1,954,730 £2,022,457 £67,727
Property Price € €2,350,000
Minimum cost in the last six months £1,954,730
Maximum cost in the last six months £2,022,457
Fluctuating exchange rates over the last six months could have increased the cost of this property by £67,727

Lagos, Faro, Portugal, 8600-119

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 £1,954,730 £2,022,457 £67,727
Property Price € €2,350,000
Minimum cost in the last six months £1,954,730
Maximum cost in the last six months £2,022,457
Fluctuating exchange rates over the last six months could have increased the cost of this property by £67,727

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 £67,727 more.

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