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Brand new modern villa for sale Lagos, Algarve
Lagos, Portugal
REF: 755893
€1,499,000
Description
In the heart of central Lagos, explore a contemporary villa seamlessly blending style with practicality. This recently built, south-facing property, within walking distance to beaches and amenities, offers a spacious retreat. Boasting four well-proportioned suites, the villa features an open-plan living room seamlessly integrated with a fully fitted kitchen, a convenient laundry/utility room, and a double garage. Adding to its appeal, the villa is equipped with under-floor heating and AC throughout, ensuring comfort in every season. Five solar panels provide an eco-friendly touch, supporting domestic water needs, under-floor heating during the winter, and pool heating in the summer. The property is further enhanced by automatic irrigation and electric gates, offering both convenience and security. Outside, a sun-drenched garden and a refreshing pool create an ideal setting for relaxation. The property is complemented by a fantastic covered terrace, thoughtfully designed for alfresco living. Whether you seek a permanent residence, a holiday escape, or a lucrative rental investment, this modern villa ensures a harmonious blend of comfort and sophistication, promising not only a stylish lifestyle but also potential returns on your investment.
In the heart of central Lagos, explore a contemporary villa seamlessly blending style with practicality. This recently built, south-facing property, within walking distance to beaches and amenities, offers a spacious retreat. Boasting four well-proportioned suites, the villa features an open-plan living room seamlessly integrated with a fully fitted kitchen, a convenient laundry/utility room, and a double garage. Adding to its appeal, the villa is equipped with under-floor heating and AC throughout, ensuring comfort in every season. Five solar panels provide an eco-friendly touch, supporting domestic water needs, under-floor heating during the winter, and pool heating in the summer. The property is further enhanced by automatic irrigation and electric gates, offering both convenience and security. Outside, a sun-drenched garden and a refreshing pool create an ideal setting for relaxation. The property is complemented by a fantastic covered terrace, thoughtfully designed for alfresco living. Whether you seek a permanent residence, a holiday escape, or a lucrative rental investment, this modern villa ensures a harmonious blend of comfort and sophistication, promising not only a stylish lifestyle but also potential returns on your investment.
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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 €1,499,000 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, 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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