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Beautiful 4 bedroom villa with sea views for sale in Praia da Luz (Algarve)
Lagos, Portugal
REF: 755890
€1,290,000
Description
This villa in Praia da Luz, situated in the tranquil Monte Lemos hills overlooking the picturesque town, is a unique sanctuary offering both seclusion and convenience. With captivating views of the sea and distinctive black rock formations, the property provides a serene retreat while remaining within walking distance to the beach and the vibrant center of Luz. This exclusive location ensures easy access to all amenities, creating a perfect balance between privacy and accessibility. Impeccably maintained and thoughtfully designed, the villa comes fitted with underfloor heating, air conditioning throughout, electric shutters, and gates. The integration of PV solar panels enhances its energy efficiency, reflecting a commitment to sustainable living. The interior is characterized by a bright entrance hall leading to a sunlit lounge with a fireplace and a fully fitted kitchen, offering direct access to a delightful terrace ideal for enjoying alfresco dining against the backdrop of a beautifully matured rock garden. The ground floor also comprises two double bedrooms, each with its own bathroom, while the first floor hosts a master suite and guest bedroom with recently renovated bathrooms and access to an inviting terrace with panoramic views.
This villa in Praia da Luz, situated in the tranquil Monte Lemos hills overlooking the picturesque town, is a unique sanctuary offering both seclusion and convenience. With captivating views of the sea and distinctive black rock formations, the property provides a serene retreat while remaining within walking distance to the beach and the vibrant center of Luz. This exclusive location ensures easy access to all amenities, creating a perfect balance between privacy and accessibility. Impeccably maintained and thoughtfully designed, the villa comes fitted with underfloor heating, air conditioning throughout, electric shutters, and gates. The integration of PV solar panels enhances its energy efficiency, reflecting a commitment to sustainable living. The interior is characterized by a bright entrance hall leading to a sunlit lounge with a fireplace and a fully fitted kitchen, offering direct access to a delightful terrace ideal for enjoying alfresco dining against the backdrop of a beautifully matured rock garden. The ground floor also comprises two double bedrooms, each with its own bathroom, while the first floor hosts a master suite and guest bedroom with recently renovated bathrooms and access to an inviting terrace with panoramic views.
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Currency Exchange
Lagos, 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 €1,290,000 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 |
|---|---|---|---|
| €1,290,000 | £1,068,520 | £1,108,691 | £40,171 |
| Property Price € | €1,290,000 |
| Minimum cost in the last six months | £1,068,520 |
| Maximum cost in the last six months | £1,108,691 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £40,171 |
Lagos, 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 €1,290,000 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 |
|---|---|---|---|
| €1,290,000 | £1,068,520 | £1,108,691 | £40,171 |
| Property Price € | €1,290,000 |
| Minimum cost in the last six months | £1,068,520 |
| Maximum cost in the last six months | £1,108,691 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £40,171 |
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 £40,171 more.
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