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Ocean Views Villa in Praia da Luz
Lagos, Faro, Portugal, 8600-160
REF: 723920
€799,999
Description
Excellent investment with a proven rental record or a comfortable family home - this property in Praia da Luz provides both. Amazing 4-Bedroom Villa with Pool in Praia da Luz
REF: 207LUZ
We are pleased to offer a beautifully presented villa in an elevated and sought-after location of Praia da Luz. This property in Praia da Luz provides both a comfortable family home and an excellent investment with a proven rental record. There is an existing AL licence.
Villa: 216 m2
Plot: 273 m2
Energy Rating: A
Price: 799,999 (fully furnished)
This south-facing villa has been recently refurbished to a high standard. There is a large sitting room with wood burning stove and glazed double doors that lead to the pool terrace. The kitchen is well-equipped with quality appliances and ample storage. On the ground floor there are three spacious bedrooms with fitted wardrobes. One of bedrooms is ensuite. On the upper floor there is a large master bedroom with modern ensuite bathroom. From here, there is access to a balcony with fabulous ocean and countryside views.
The property in Praia da Luz also benefits from a double garage, games room and a laundry room. The villa has been designed with low maintenance in mind and is ready for the new owner just to move in!
Excellent investment with a proven rental record or a comfortable family home - this property in Praia da Luz provides both. Amazing 4-Bedroom Villa with Pool in Praia da Luz
REF: 207LUZ
We are pleased to offer a beautifully presented villa in an elevated and sought-after location of Praia da Luz. This property in Praia da Luz provides both a comfortable family home and an excellent investment with a proven rental record. There is an existing AL licence.
Villa: 216 m2
Plot: 273 m2
Energy Rating: A
Price: 799,999 (fully furnished)
This south-facing villa has been recently refurbished to a high standard. There is a large sitting room with wood burning stove and glazed double doors that lead to the pool terrace. The kitchen is well-equipped with quality appliances and ample storage. On the ground floor there are three spacious bedrooms with fitted wardrobes. One of bedrooms is ensuite. On the upper floor there is a large master bedroom with modern ensuite bathroom. From here, there is access to a balcony with fabulous ocean and countryside views.
The property in Praia da Luz also benefits from a double garage, games room and a laundry room. The villa has been designed with low maintenance in mind and is ready for the new owner just to move in!
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Currency Exchange
Lagos, Faro, Portugal, 8600-160
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 €799,999 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 |
|---|---|---|---|
| €799,999 | £662,647 | £687,559 | £24,912 |
| Property Price € | €799,999 |
| Minimum cost in the last six months | £662,647 |
| Maximum cost in the last six months | £687,559 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £24,912 |
Lagos, Faro, Portugal, 8600-160
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 €799,999 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 |
|---|---|---|---|
| €799,999 | £662,647 | £687,559 | £24,912 |
| Property Price € | €799,999 |
| Minimum cost in the last six months | £662,647 |
| Maximum cost in the last six months | £687,559 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £24,912 |
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 £24,912 more.
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