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This stunning contemporary villa offers the perfect balance between modern elegance and functionality
Lagos, Faro, Portugal
REF: 749098
€1,499,000
Description
This stunning contemporary villa offers the perfect balance between modern elegance and functionality. With 4 en-suite bedrooms, 3 of which have walking wardrobes, this home provides privacy and ample storage space. The open-plan kitchen is spacious and ideal for entertaining, and there is a service bathroom for the convenience of residents and visitors. The property includes a two-car garage and stunning outdoor areas, with a swimming pool and garden that wrap around the house. On the first floor, there are 3 more bedrooms. The house enjoys excellent sun exposure, ensuring a bright and cosy atmosphere. This is a unique opportunity to live in luxury and style. Just a few minutes from the city centre and the famous Porto de Môs beach. For more information or to arrange a viewing, please contact us. #ref: 99812
This stunning contemporary villa offers the perfect balance between modern elegance and functionality. With 4 en-suite bedrooms, 3 of which have walking wardrobes, this home provides privacy and ample storage space. The open-plan kitchen is spacious and ideal for entertaining, and there is a service bathroom for the convenience of residents and visitors. The property includes a two-car garage and stunning outdoor areas, with a swimming pool and garden that wrap around the house. On the first floor, there are 3 more bedrooms. The house enjoys excellent sun exposure, ensuring a bright and cosy atmosphere. This is a unique opportunity to live in luxury and style. Just a few minutes from the city centre and the famous Porto de Môs beach. For more information or to arrange a viewing, please contact us. #ref: 99812
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Currency Exchange
Lagos, Faro, Portugal
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 €1,499,000 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 |
|---|---|---|---|
| €1,499,000 | £1,241,637 | £1,288,316 | £46,679 |
| Property Price € | €1,499,000 |
| Minimum cost in the last six months | £1,241,637 |
| Maximum cost in the last six months | £1,288,316 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £46,679 |
Lagos, Faro, Portugal
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 €1,499,000 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 |
|---|---|---|---|
| €1,499,000 | £1,241,637 | £1,288,316 | £46,679 |
| Property Price € | €1,499,000 |
| Minimum cost in the last six months | £1,241,637 |
| Maximum cost in the last six months | £1,288,316 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £46,679 |
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 £46,679 more.
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