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The ground floor offers a spacious living and dining area, seamlessly connected to the brand-new kitchen, making it perfect for hosting gatherings
Lagos, Algarve, Portugal, 8600-128
REF: 817621
€550,000
Description
The ground floor offers a spacious living and dining area, seamlessly connected to the brand-new kitchen, making it perfect for hosting gatherings. The two double bedrooms, including the master en-suite, provide comfort and privacy, with one overlooking a private terrace at the back of the villa and the other overlooking the pool south facing terrace. The family bathroom adds convenience and completes the ground floor layout.
The upper level of the villa is independent and accessible by the back terrace staircase, this offers flexibility, with another good-sized room and a separate entrance, along with its own bathroom. This space could serve as extra accommodation for guests, a home office, or even a workshop, catering to various needs and preferences.
With new plumbing, electrics, underfloor heating, and air conditioning throughout, the villa ensures comfort and convenience in every season. Overall, this villa combines modern amenities with a convenient location, making it an ideal choice for anyone looking for a stylish and functional home in Praia da Luz.
The ground floor offers a spacious living and dining area, seamlessly connected to the brand-new kitchen, making it perfect for hosting gatherings. The two double bedrooms, including the master en-suite, provide comfort and privacy, with one overlooking a private terrace at the back of the villa and the other overlooking the pool south facing terrace. The family bathroom adds convenience and completes the ground floor layout.
The upper level of the villa is independent and accessible by the back terrace staircase, this offers flexibility, with another good-sized room and a separate entrance, along with its own bathroom. This space could serve as extra accommodation for guests, a home office, or even a workshop, catering to various needs and preferences.
With new plumbing, electrics, underfloor heating, and air conditioning throughout, the villa ensures comfort and convenience in every season. Overall, this villa combines modern amenities with a convenient location, making it an ideal choice for anyone looking for a stylish and functional home in Praia da Luz.
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Currency Exchange
Lagos, Algarve, Portugal, 8600-128
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 €550,000 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 |
|---|---|---|---|
| €550,000 | £455,571 | £472,698 | £17,127 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £455,571 |
| Maximum cost in the last six months | £472,698 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,127 |
Lagos, Algarve, Portugal, 8600-128
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 €550,000 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 |
|---|---|---|---|
| €550,000 | £455,571 | £472,698 | £17,127 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £455,571 |
| Maximum cost in the last six months | £472,698 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,127 |
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 £17,127 more.
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