3+2 Bedroom Villa For Sale in Vale da Lama

Lagos, Faro, Portugal, 8600-235

For Sale

€2,500,000

REF: 754093 €2,500,000


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Description

A 3-bedroom villa on a 1.77-hectare estate showcases stunning vistas of Alvor s lagoons and the Atlantic. Built in 2006 by an English builder, the 591m2 property features electric gates, a triple car garage, and a grand entrance with an antique-style door. Inside, an Italian marble staircase adorns the main hallway with a high vaulted ceiling.

The ground floor hosts dining and lounge areas, a bespoke kitchen, a bedroom with en-suite and lagoon views, plus a flexible office space. Upstairs, be.. This 3-bedroom villa is located in Vale da Lama, a quiet area just east of Lagos with stunning views over Alvor s lagoons and across to the Atlantic Ocean.

The closest beach is less than 2 kilometres away; Praia do Vale do Lama. Situated on an expansive estate spanning 1.77 hectares, this property totals 591m2, was built in 2006 by an English builder, is accessed through electric gates with a large calcada driveway and features a triple car garage. Complemented by a solid antique-style door, the entrance to the property leads into a main hallway with an Italian marble staircase and a high vaulted ceiling adorned with a chandelier.

From the entrance, on the left, there is a formal 10-seater dining area and straight ahead, there is a spacious lounge with high ceilings, a feature fireplace, and sliding doors leading out to the terrace and private grounds. Underfloor heating, powered by a gas boiler and underfloor water heating, spans the entire property, including the bespoke kitchen by Clive Christian.

Featuring a large centre island, gas range stove with an electric oven, and a secondary lounge area with sliding doors, this area also has sliding doors leading outside. Plus, there is a laundry room adjacent to the kitchen with a technical area for the solar boiler. The ground floor hosts a sizable bedroom with built-in fitted wardrobes, an en-suite bathroom with a walk-in shower, thermal shutters, and views of the lagoon of Alvor.

An office has been signed on this floor but has been repurposed as an additional bedroom for now, alongside an extra WC. Upstairs, the master bedroom comprises wood flooring, a large walk-in closet, an ensuite bathroom with a bathtub and walk-in shower plus access to the shared terrace overlooking the expansive grounds and Alvor lagoon.

The second bedroom also has an ensuite bathroom equipped with a walk-shower, fitted wardrobes and access to the shared terrace. Downstairs in the basement, there is a games room with a full-sized snooker table and pinball machine, plus a storage room, single bedroom, another bathroom with a walk-shower and a wine cellar.

The property includes air-conditioning throughout, photovoltaic solar panels, an orchard with olive and fig trees, a sizable swimming pool, and a Jacuzzi. Additionally, there is a computerised auto-irrigation system, a tennis court, and a poly-tent for cultivating fruits and vegetables, complete with a separate irrigation system. Odiaxere, a village nestled in Portugal's West Algarve, sits a short distance from the historic town of Lagos.

Enveloped by picturesque countryside and in proximity to the area's finest beaches, Odiaxere presents a serene, laid-back lifestyle while providing convenient access to essential amenities.
A 3-bedroom villa on a 1.77-hectare estate showcases stunning vistas of Alvor s lagoons and the Atlantic. Built in 2006 by an English builder, the 591m2 property features electric gates, a triple car garage, and a grand entrance with an antique-style door. Inside, an Italian marble staircase adorns the main hallway with a high vaulted ceiling.

The ground floor hosts dining and lounge areas, a bespoke kitchen, a bedroom with en-suite and lagoon views, plus a flexible office space. Upstairs, be.. This 3-bedroom villa is located in Vale da Lama, a quiet area just east of Lagos with stunning views over Alvor s lagoons and across to the Atlantic Ocean.

The closest beach is less than 2 kilometres away; Praia do Vale do Lama. Situated on an expansive estate spanning 1.77 hectares, this property totals 591m2, was built in 2006 by an English builder, is accessed through electric gates with a large calcada driveway and features a triple car garage. Complemented by a solid antique-style door, the entrance to the property leads into a main hallway with an Italian marble staircase and a high vaulted ceiling adorned with a chandelier.

From the entrance, on the left, there is a formal 10-seater dining area and straight ahead, there is a spacious lounge with high ceilings, a feature fireplace, and sliding doors leading out to the terrace and private grounds. Underfloor heating, powered by a gas boiler and underfloor water heating, spans the entire property, including the bespoke kitchen by Clive Christian.

Featuring a large centre island, gas range stove with an electric oven, and a secondary lounge area with sliding doors, this area also has sliding doors leading outside. Plus, there is a laundry room adjacent to the kitchen with a technical area for the solar boiler. The ground floor hosts a sizable bedroom with built-in fitted wardrobes, an en-suite bathroom with a walk-in shower, thermal shutters, and views of the lagoon of Alvor.

An office has been signed on this floor but has been repurposed as an additional bedroom for now, alongside an extra WC. Upstairs, the master bedroom comprises wood flooring, a large walk-in closet, an ensuite bathroom with a bathtub and walk-in shower plus access to the shared terrace overlooking the expansive grounds and Alvor lagoon.

The second bedroom also has an ensuite bathroom equipped with a walk-shower, fitted wardrobes and access to the shared terrace. Downstairs in the basement, there is a games room with a full-sized snooker table and pinball machine, plus a storage room, single bedroom, another bathroom with a walk-shower and a wine cellar.

The property includes air-conditioning throughout, photovoltaic solar panels, an orchard with olive and fig trees, a sizable swimming pool, and a Jacuzzi. Additionally, there is a computerised auto-irrigation system, a tennis court, and a poly-tent for cultivating fruits and vegetables, complete with a separate irrigation system. Odiaxere, a village nestled in Portugal's West Algarve, sits a short distance from the historic town of Lagos.

Enveloped by picturesque countryside and in proximity to the area's finest beaches, Odiaxere presents a serene, laid-back lifestyle while providing convenient access to essential amenities.
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Property on Map

#IDH33203

Currency Exchange

Lagos, Faro, Portugal, 8600-235

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 €2,500,000 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
€2,500,000 £2,070,775 £2,148,625 £77,850
Property Price € €2,500,000
Minimum cost in the last six months £2,070,775
Maximum cost in the last six months £2,148,625
Fluctuating exchange rates over the last six months could have increased the cost of this property by £77,850

Lagos, Faro, Portugal, 8600-235

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 €2,500,000 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
€2,500,000 £2,070,775 £2,148,625 £77,850
Property Price € €2,500,000
Minimum cost in the last six months £2,070,775
Maximum cost in the last six months £2,148,625
Fluctuating exchange rates over the last six months could have increased the cost of this property by £77,850

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 £77,850 more.

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