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Luxurious Villa with Breathtaking Sea Views for sale in Praia da Luz, Algarve
Lagos, Portugal
REF: 835184
€1,975,000
Description
Nestled in the peaceful 'Reserva da Luz' resort, this villa offers stunning sea views and easy access to the beach and amenities, providing a serene retreat. With a large living room and beautiful terrace, there's ample space for relaxation, always enjoying the sea views. A built in fireplace is a nice feature for the winter evenings. Part of the terrace off the lounge is glassed and may be used over winter, enjoying the amazing views. For extra comfort there's ceramic heating meaning this terrace is very cosy and an extension of the living room all year round. In summer you open it up to enjoy the breeze. The fully equipped kitchen with a central island is perfect for cooking and is open plan with the dining. Enjoy privacy in the master bedroom with an en-suite bathroom and natural light and direct access to the front terrace. The lower level features three bedrooms all ensuite opening onto a 10x5-meter salt water heated pool and a mature lush garden. A gym and sauna add extra comfort and relaxation options. Praia da Luz offers sandy beaches, restaurants, shops, and a laid-back vibe. The beach and the village are a 15minute walk away. This region is known for its sunny weather, golf, water sports, and natural beauty. Features: Solar panels, air con, gas underfloor heating, sauna, heated pool. Contact us to see this charming villa in Praia da Luz, Algarve, and experience coastal living at its finest.
Nestled in the peaceful 'Reserva da Luz' resort, this villa offers stunning sea views and easy access to the beach and amenities, providing a serene retreat. With a large living room and beautiful terrace, there's ample space for relaxation, always enjoying the sea views. A built in fireplace is a nice feature for the winter evenings. Part of the terrace off the lounge is glassed and may be used over winter, enjoying the amazing views. For extra comfort there's ceramic heating meaning this terrace is very cosy and an extension of the living room all year round. In summer you open it up to enjoy the breeze. The fully equipped kitchen with a central island is perfect for cooking and is open plan with the dining. Enjoy privacy in the master bedroom with an en-suite bathroom and natural light and direct access to the front terrace. The lower level features three bedrooms all ensuite opening onto a 10x5-meter salt water heated pool and a mature lush garden. A gym and sauna add extra comfort and relaxation options. Praia da Luz offers sandy beaches, restaurants, shops, and a laid-back vibe. The beach and the village are a 15minute walk away. This region is known for its sunny weather, golf, water sports, and natural beauty. Features: Solar panels, air con, gas underfloor heating, sauna, heated pool. Contact us to see this charming villa in Praia da Luz, Algarve, and experience coastal living at its finest.
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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 €1,975,000 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 |
|---|---|---|---|
| €1,975,000 | £1,635,912 | £1,697,414 | £61,502 |
| Property Price € | €1,975,000 |
| Minimum cost in the last six months | £1,635,912 |
| Maximum cost in the last six months | £1,697,414 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £61,502 |
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 €1,975,000 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 |
|---|---|---|---|
| €1,975,000 | £1,635,912 | £1,697,414 | £61,502 |
| Property Price € | €1,975,000 |
| Minimum cost in the last six months | £1,635,912 |
| Maximum cost in the last six months | £1,697,414 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £61,502 |
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 £61,502 more.
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