A fantastic walled property in a quiet exclusive area of Porto de Mos

Lagos, Algarve, Portugal, 8600-282

For Sale

€1,195,000

£994,474
REF: 692182 €1,195,000

6

5


377 m2

614 m2

Description

A fantastic walled property in a quiet exclusive area of Porto de Mos. The villa covers four floors. Electric gates lead to a double garage with an electric roller door and to the external entrance to the basement apartment. The villa is surrounded by low maintenance mature gardens, a large south facing terrace and a heated swimming pool with substantial summer house and built in barbecue. The front door opens into a spacious hall leading to an independent fully fitted kitchen, large open plan living dining area with fireplace, house shower room and a further room currently used as a double bedroom. Stairs lead up to access three double bedrooms one with large en-suite shower room and a further house bathroom with jacuzzi bath.

All bedrooms have sliding doors to balconies and fitted wardrobes. from the landing a further flight of stairs take you to an open roof terrace with fantastic views of the sea and town. The entrance hall has a flight of stairs down to the spacious basement apartment. The apartment comprises a large open plan fully fitted kitchen, dining living area with full height glass doors.

There are two generous double bedrooms, one en-suite with jacuzzi bath and a shower room. The villa is fully air conditioned and double glazed. This unique property is a real gem with quality features making it perfect for holidays or as a permanent residence. It is a calm area of Lagos, close to all amenities and just a few minutes walk to Porto de Mos beach, restaurants and scenic board walk to the lighthouse.
A fantastic walled property in a quiet exclusive area of Porto de Mos. The villa covers four floors. Electric gates lead to a double garage with an electric roller door and to the external entrance to the basement apartment. The villa is surrounded by low maintenance mature gardens, a large south facing terrace and a heated swimming pool with substantial summer house and built in barbecue. The front door opens into a spacious hall leading to an independent fully fitted kitchen, large open plan living dining area with fireplace, house shower room and a further room currently used as a double bedroom. Stairs lead up to access three double bedrooms one with large en-suite shower room and a further house bathroom with jacuzzi bath.

All bedrooms have sliding doors to balconies and fitted wardrobes. from the landing a further flight of stairs take you to an open roof terrace with fantastic views of the sea and town. The entrance hall has a flight of stairs down to the spacious basement apartment. The apartment comprises a large open plan fully fitted kitchen, dining living area with full height glass doors.

There are two generous double bedrooms, one en-suite with jacuzzi bath and a shower room. The villa is fully air conditioned and double glazed. This unique property is a real gem with quality features making it perfect for holidays or as a permanent residence. It is a calm area of Lagos, close to all amenities and just a few minutes walk to Porto de Mos beach, restaurants and scenic board walk to the lighthouse.
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Currency Exchange

Lagos, Algarve, Portugal, 8600-282

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 €1,195,000 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
€1,195,000 £989,830 £1,027,043 £37,212
Property Price € €1,195,000
Minimum cost in the last six months £989,830
Maximum cost in the last six months £1,027,043
Fluctuating exchange rates over the last six months could have increased the cost of this property by £37,212

Lagos, Algarve, Portugal, 8600-282

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 €1,195,000 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
€1,195,000 £989,830 £1,027,043 £37,212
Property Price € €1,195,000
Minimum cost in the last six months £989,830
Maximum cost in the last six months £1,027,043
Fluctuating exchange rates over the last six months could have increased the cost of this property by £37,212

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 £37,212 more.

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