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This villa is currently under construction with completion scheduled for the end of this year
Lagos, Algarve, Portugal, 8600-714
REF: 672779
€1,900,000
Description
This villa is currently under construction with completion scheduled for the end of this year.
The accommodation is spread through 2 floors with a gross construction area of 277 m2. The ground floor comprises a lounge, a dining area, an open plan kitchen, a laundry, an office that can be converted into a bedroom and a bathroom. The lounge and kitchen have direct access to the pool terrace. There is also covered terrace ideal for outdoor living and dining.
The top floor hosts 4 double bedrooms and 3 bathrooms, two are en-suite and the third is shared by the other 2 bedrooms only. There is a roof terrace with views of the surrounding neighbourhood. The terraces of both floors have a total of 102,5 m2.
Further down, there is a basement with 95 m2 and a garage with nearly 58 m2.
This property will be delivered completed with high quality fittings and modern appliances.
This villa is currently under construction with completion scheduled for the end of this year.
The accommodation is spread through 2 floors with a gross construction area of 277 m2. The ground floor comprises a lounge, a dining area, an open plan kitchen, a laundry, an office that can be converted into a bedroom and a bathroom. The lounge and kitchen have direct access to the pool terrace. There is also covered terrace ideal for outdoor living and dining.
The top floor hosts 4 double bedrooms and 3 bathrooms, two are en-suite and the third is shared by the other 2 bedrooms only. There is a roof terrace with views of the surrounding neighbourhood. The terraces of both floors have a total of 102,5 m2.
Further down, there is a basement with 95 m2 and a garage with nearly 58 m2.
This property will be delivered completed with high quality fittings and modern appliances.
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Currency Exchange
Lagos, Algarve, Portugal, 8600-714
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 €1,900,000 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 |
|---|---|---|---|
| €1,900,000 | £1,573,789 | £1,632,955 | £59,166 |
| Property Price € | €1,900,000 |
| Minimum cost in the last six months | £1,573,789 |
| Maximum cost in the last six months | £1,632,955 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £59,166 |
Lagos, Algarve, Portugal, 8600-714
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 €1,900,000 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 |
|---|---|---|---|
| €1,900,000 | £1,573,789 | £1,632,955 | £59,166 |
| Property Price € | €1,900,000 |
| Minimum cost in the last six months | £1,573,789 |
| Maximum cost in the last six months | £1,632,955 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £59,166 |
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 £59,166 more.
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