Luxury 2+1 bedroom townhouse with sea views within walking distance of the center of Praia da Luz

Lagos, Faro, Portugal, 8600-147

For Sale

€1,300,000

REF: 790586 €1,300,000


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Description

With an exclusive location and unique development potential, this property, located in Praia da Luz, a short walk from the center and the beach, has a unique architectural design and contemporary style, combining modern, technological elements and elegant details. This offer stands out from all the projects already built in the area and the most important thing is that it can be yours.

Contact us and schedule your visit. This new project by award-winning architect Mário Martins is the right investment for you if you are looking for a property located in an exclusive area, overlooking the sea and within walking distance of the beach. Divided into 3 floors, the basement provides the technical area of the house. On the ground floor there are 2 bedrooms, one of which is en-suite and another that can easily be adapted into a bedroom, all with built-in closets, 2 of which have direct access to a terrace and the entire pool and garden area. On the first floor is the fully equipped kitchen with top quality appliances, open plan to the living room with access to the balcony and stunning views of the sea and Vila da Luz. Everything has been taken into account when it comes to the choice of materials to be used, so that your experience is unique.

Your comfort is important, which is why the property will have solar panels to heat the water, air conditioning installed and double-glazed windows with thermal and acoustic breaks. Outside you'll find a leisure area with a swimming pool and garden and a carport for your car. Contact us now to find out more about this project.
With an exclusive location and unique development potential, this property, located in Praia da Luz, a short walk from the center and the beach, has a unique architectural design and contemporary style, combining modern, technological elements and elegant details. This offer stands out from all the projects already built in the area and the most important thing is that it can be yours.

Contact us and schedule your visit. This new project by award-winning architect Mário Martins is the right investment for you if you are looking for a property located in an exclusive area, overlooking the sea and within walking distance of the beach. Divided into 3 floors, the basement provides the technical area of the house. On the ground floor there are 2 bedrooms, one of which is en-suite and another that can easily be adapted into a bedroom, all with built-in closets, 2 of which have direct access to a terrace and the entire pool and garden area. On the first floor is the fully equipped kitchen with top quality appliances, open plan to the living room with access to the balcony and stunning views of the sea and Vila da Luz. Everything has been taken into account when it comes to the choice of materials to be used, so that your experience is unique.

Your comfort is important, which is why the property will have solar panels to heat the water, air conditioning installed and double-glazed windows with thermal and acoustic breaks. Outside you'll find a leisure area with a swimming pool and garden and a carport for your car. Contact us now to find out more about this project.
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Property on Map

#V1149B

Currency Exchange

Lagos, Faro, Portugal, 8600-147

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 €1,300,000 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
€1,300,000 £1,076,803 £1,117,285 £40,482
Property Price € €1,300,000
Minimum cost in the last six months £1,076,803
Maximum cost in the last six months £1,117,285
Fluctuating exchange rates over the last six months could have increased the cost of this property by £40,482

Lagos, Faro, Portugal, 8600-147

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 €1,300,000 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
€1,300,000 £1,076,803 £1,117,285 £40,482
Property Price € €1,300,000
Minimum cost in the last six months £1,076,803
Maximum cost in the last six months £1,117,285
Fluctuating exchange rates over the last six months could have increased the cost of this property by £40,482

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 £40,482 more.

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