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House under renovation and extension, Lagos
Lagos, Faro, Portugal, 8600-310 Lagos
REF: 715156
€3,250,000
Description
Modern villa under renovation and extension located in a 10.000m2 plot of land, consisting of basement, 4 bedrooms, fully equipped kitchen, swimming pool and wonderful country views. Be amazed by this magnificent property currently being extended and renovated, featuring a modern architecture and style with the most innovative construction solutions and the highest quality materials. The 2 storey, 4 bedroom, 5 bathroom villa also benefits from a basement, elevator and fully equipped kitchen.
Following a high level of construction standard with materials and finishings of the highest quality, the glazed facades flood the entrance with plenty of natural light, and the window frames have thermal and acoustic insulation and double glazing windows throughout for greater climatic convenience, providing a comfortable and quiet life.
Outside you have at your disposal a leisure area, large terraces with magnificent views over the countryside and a swimming pool with a functional and cosy design to enjoy the sunny summer days or the cosy winter of the Algarve.
The property is located on a plot of land with 10.000m2 located in the neighbourhood of the city of Lagos and Praia da Luz, where you can enjoy excellent restaurants, a wide variety of shops, supermarkets, schools and all the necessary amenities for your daily life.
Could this be the family home of your dreams? Do not hesitate to book your visit now to see all the wonderful and luxurious features of this property.
Modern villa under renovation and extension located in a 10.000m2 plot of land, consisting of basement, 4 bedrooms, fully equipped kitchen, swimming pool and wonderful country views. Be amazed by this magnificent property currently being extended and renovated, featuring a modern architecture and style with the most innovative construction solutions and the highest quality materials. The 2 storey, 4 bedroom, 5 bathroom villa also benefits from a basement, elevator and fully equipped kitchen.
Following a high level of construction standard with materials and finishings of the highest quality, the glazed facades flood the entrance with plenty of natural light, and the window frames have thermal and acoustic insulation and double glazing windows throughout for greater climatic convenience, providing a comfortable and quiet life.
Outside you have at your disposal a leisure area, large terraces with magnificent views over the countryside and a swimming pool with a functional and cosy design to enjoy the sunny summer days or the cosy winter of the Algarve.
The property is located on a plot of land with 10.000m2 located in the neighbourhood of the city of Lagos and Praia da Luz, where you can enjoy excellent restaurants, a wide variety of shops, supermarkets, schools and all the necessary amenities for your daily life.
Could this be the family home of your dreams? Do not hesitate to book your visit now to see all the wonderful and luxurious features of this property.
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Property on Map
Currency Exchange
Lagos, Faro, Portugal, 8600-310 Lagos
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 €3,250,000 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 |
|---|---|---|---|
| €3,250,000 | £2,677,675 | £2,793,213 | £115,538 |
| Property Price € | €3,250,000 |
| Minimum cost in the last six months | £2,677,675 |
| Maximum cost in the last six months | £2,793,213 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £115,538 |
Lagos, Faro, Portugal, 8600-310 Lagos
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 €3,250,000 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 |
|---|---|---|---|
| €3,250,000 | £2,677,675 | £2,793,213 | £115,538 |
| Property Price € | €3,250,000 |
| Minimum cost in the last six months | £2,677,675 |
| Maximum cost in the last six months | £2,793,213 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £115,538 |
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 £115,538 more.
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