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Contemporary luxury Mediterranean villa with stunning sea views for sale in Lagos
Lagos, Portugal
REF: 825777
€3,200,000
Description
This unique property is located in one of the most up and coming residential areas in the Western Algarve, bordering the Palmares golf course, the Alvor Estuary and the Meia Praia beach, known as one of the most beautiful Nature spots in the Algarve. Designed to best combine contemporary architecture with Mediterranean luxury, where central courtyards and indoor gardens, surround bright and spacious living areas in a seamless flow between indoor and outdoor living, with the most stunning views as a back drop. The spacious large windowed living and dining area with open plan kitchen ( 120 m2) lead through floor to ceiling glass sliding doors to the south facing terrace and Pool, where you can bask in the sun and enjoy the views, also at ground floor level are two spacious suites, a Spa with sauna & steam room and a cool down pool. There garage holds parking for four cars. On the first floor there are two exceptionally spacious suites, with access to a fantastic terrace. The concept allows for a sense of individuality between the rooms, whilst offering lots of space in the communal areas. Equipped with under-floor heating, AC through vent system, solar panels, electric gates, and other modern home equipment. Although the materials to be used as finishings have already been outlined, any buyer buying at this stage can still have input.
This unique property is located in one of the most up and coming residential areas in the Western Algarve, bordering the Palmares golf course, the Alvor Estuary and the Meia Praia beach, known as one of the most beautiful Nature spots in the Algarve. Designed to best combine contemporary architecture with Mediterranean luxury, where central courtyards and indoor gardens, surround bright and spacious living areas in a seamless flow between indoor and outdoor living, with the most stunning views as a back drop. The spacious large windowed living and dining area with open plan kitchen ( 120 m2) lead through floor to ceiling glass sliding doors to the south facing terrace and Pool, where you can bask in the sun and enjoy the views, also at ground floor level are two spacious suites, a Spa with sauna & steam room and a cool down pool. There garage holds parking for four cars. On the first floor there are two exceptionally spacious suites, with access to a fantastic terrace. The concept allows for a sense of individuality between the rooms, whilst offering lots of space in the communal areas. Equipped with under-floor heating, AC through vent system, solar panels, electric gates, and other modern home equipment. Although the materials to be used as finishings have already been outlined, any buyer buying at this stage can still have input.
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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 €3,200,000 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 |
|---|---|---|---|
| €3,200,000 | £2,650,592 | £2,750,240 | £99,648 |
| Property Price € | €3,200,000 |
| Minimum cost in the last six months | £2,650,592 |
| Maximum cost in the last six months | £2,750,240 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £99,648 |
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 €3,200,000 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 |
|---|---|---|---|
| €3,200,000 | £2,650,592 | £2,750,240 | £99,648 |
| Property Price € | €3,200,000 |
| Minimum cost in the last six months | £2,650,592 |
| Maximum cost in the last six months | £2,750,240 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £99,648 |
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 £99,648 more.
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