This spectacular project offers a range of contemporary 2 storey villas with an open plan living / dining area / kitchen flowing seamlessly onto a south facing sun terrace or with access to the private pool area and the gardens

Lagos, Algarve, Portugal, 8600-101

For Sale

€2,450,000

REF: 821596 €2,450,000


3

4


240 m2

900 m2

Description

This spectacular project offers a range of contemporary 2 storey villas with an open plan living / dining area / kitchen flowing seamlessly onto a south facing sun terrace or with access to the private pool area and the gardens. All villa designs are unique from each other, some with living areas on the first floor to maximize the views, others with the living areas on the ground floor that combine with access to the gardens and pool area. All villas will have a basement with extra technical and storage facilities as well as a car elevator to the garage for parking. To make the most of the surrounding area, all properties have a roof terrace where one can appreciate and enjoy the stunning views over Praia da Luz and out to sea. Building of the first villa is underway now and the urbanization works are already finished.

Conclusion of the construction of the first villa, scheduled for 2025. 3 and 4 bedroom villas With plot sizes that range from 900m2 to 1,996m2 Construction areas from 240m2 to 300m2 Prices start at 2,450.000.00 and up to 2,990.000.00. These villas offer ample space with a modern design, high-quality specifications, and desirable location making it a dream home for anyone seeking a luxurious retreat in Praia da Luz!
This spectacular project offers a range of contemporary 2 storey villas with an open plan living / dining area / kitchen flowing seamlessly onto a south facing sun terrace or with access to the private pool area and the gardens. All villa designs are unique from each other, some with living areas on the first floor to maximize the views, others with the living areas on the ground floor that combine with access to the gardens and pool area. All villas will have a basement with extra technical and storage facilities as well as a car elevator to the garage for parking. To make the most of the surrounding area, all properties have a roof terrace where one can appreciate and enjoy the stunning views over Praia da Luz and out to sea. Building of the first villa is underway now and the urbanization works are already finished.

Conclusion of the construction of the first villa, scheduled for 2025. 3 and 4 bedroom villas With plot sizes that range from 900m2 to 1,996m2 Construction areas from 240m2 to 300m2 Prices start at 2,450.000.00 and up to 2,990.000.00. These villas offer ample space with a modern design, high-quality specifications, and desirable location making it a dream home for anyone seeking a luxurious retreat in Praia da Luz!
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Property on Map

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Currency Exchange

Lagos, Algarve, Portugal, 8600-101

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 €2,450,000 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
€2,450,000 £2,029,360 £2,105,653 £76,293
Property Price € €2,450,000
Minimum cost in the last six months £2,029,360
Maximum cost in the last six months £2,105,653
Fluctuating exchange rates over the last six months could have increased the cost of this property by £76,293

Lagos, Algarve, Portugal, 8600-101

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 €2,450,000 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
€2,450,000 £2,029,360 £2,105,653 £76,293
Property Price € €2,450,000
Minimum cost in the last six months £2,029,360
Maximum cost in the last six months £2,105,653
Fluctuating exchange rates over the last six months could have increased the cost of this property by £76,293

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 £76,293 more.

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