Traditional Ocean View Villa in Luz

Lagos, Faro, Portugal, 8600-119

For Sale

€795,000

REF: 748940 €795,000


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Description

We are pleased to present a 4-bedroom villa with a swimming pool built in the traditional style in a quiet location of Praia da Luz. A Traditional Villa, with ocean views, in a Prestigious Suburb of Praia da Luz within an Easy Walk of the Village and Beach REF: 253LUZ We are pleased to present a 4-bedroom villa built in the traditional style that has been updated internally.

The position of this property is excellent as it offers a quiet location, while being on the edge of Praia da Luz with easy access to all amenities. This gated villa has an enclosed garden, a barbecue area and swimming pool with waterfall feature. The garden also has an array of shrubs and fruit trees. Construction area: 189 m2 Plot: 616 m2 Energy rating: E (prior to renovations) Price: 795,000 furnished Entry to the villa is on the east side of the property which opens into a hallway that is light and airy.

From the hallway, there is access to a spacious sitting/dining room with a feature wood burning fireplace. Glazed double doors give access to a covered verandah which enjoys a southerly aspect with garden and ocean views. This is a lovely, shaded place to sit and relax. From the sitting room, there is access to a newly fitted modern kitchen.

There is also a serving hatch linking the kitchen with the sitting/dining room. A door to the courtyard provides an alternative entry point to the property. There are four double bedrooms all with fitted wardrobes, two of which are ensuite. There is also a spacious guest bathroom and linen storage cupboards.

From two of the bedrooms, there is access to terraces that provide ocean views. There is ample storage both within the property and externally, where a workshop and wood storage cupboard can be found. This comfortable and traditional villa in Luz has much to offer, and its location sets it apart. An early viewing is highly recommended.
We are pleased to present a 4-bedroom villa with a swimming pool built in the traditional style in a quiet location of Praia da Luz. A Traditional Villa, with ocean views, in a Prestigious Suburb of Praia da Luz within an Easy Walk of the Village and Beach REF: 253LUZ We are pleased to present a 4-bedroom villa built in the traditional style that has been updated internally.

The position of this property is excellent as it offers a quiet location, while being on the edge of Praia da Luz with easy access to all amenities. This gated villa has an enclosed garden, a barbecue area and swimming pool with waterfall feature. The garden also has an array of shrubs and fruit trees. Construction area: 189 m2 Plot: 616 m2 Energy rating: E (prior to renovations) Price: 795,000 furnished Entry to the villa is on the east side of the property which opens into a hallway that is light and airy.

From the hallway, there is access to a spacious sitting/dining room with a feature wood burning fireplace. Glazed double doors give access to a covered verandah which enjoys a southerly aspect with garden and ocean views. This is a lovely, shaded place to sit and relax. From the sitting room, there is access to a newly fitted modern kitchen.

There is also a serving hatch linking the kitchen with the sitting/dining room. A door to the courtyard provides an alternative entry point to the property. There are four double bedrooms all with fitted wardrobes, two of which are ensuite. There is also a spacious guest bathroom and linen storage cupboards.

From two of the bedrooms, there is access to terraces that provide ocean views. There is ample storage both within the property and externally, where a workshop and wood storage cupboard can be found. This comfortable and traditional villa in Luz has much to offer, and its location sets it apart. An early viewing is highly recommended.
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Property on Map

#253LUZ

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 €795,000 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
€795,000 £658,506 £683,263 £24,756
Property Price € €795,000
Minimum cost in the last six months £658,506
Maximum cost in the last six months £683,263
Fluctuating exchange rates over the last six months could have increased the cost of this property by £24,756

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 €795,000 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
€795,000 £658,506 £683,263 £24,756
Property Price € €795,000
Minimum cost in the last six months £658,506
Maximum cost in the last six months £683,263
Fluctuating exchange rates over the last six months could have increased the cost of this property by £24,756

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 £24,756 more.

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