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Welcome to your luxurious oasis in the highly sought-after neighborhood next to Palmares Golf Resort in Meia Praia Algarve
Lagos, Faro, Portugal
REF: 838608
€3,200,000
Description
Welcome to your luxurious oasis in the highly sought-after neighborhood next to Palmares Golf Resort in Meia Praia Algarve. This exquisite 4-bedroom, 6-bathroom dream home is the perfect blend of elegance, style and comfort. As you step inside, you'll be greeted by a spacious and meticulously crafted interior, with German and Italian influences throughout. The four ensuite bedrooms provide a peaceful retreat, with ample natural light streaming in through the south-oriented windows. The open living, dining, and kitchen area seamlessly flow out to the infinity pool and stunning panoramic ocean views, creating the perfect space for both relaxing and entertaining. The ground floor boasts two ensuite primary bedrooms, each with access to a large, shared terrace. Step into the lift and be whisked away to the first floor where you'll find two ensuite bedrooms and a spacious terrace perfect for soaking in the breathtaking views. But that's not all - this property boasts a private spa with a sauna and Turkish bath, a cozy library, a barbeque area for entertaining, and a covered garage for four cars. The basement has the potential to be transformed into a gym or home cinema, making this home perfect for both relaxation and entertainment. Superior quality is evident throughout, with Venetian plaster, terrazzo flooring, Italian marble, under-floor heating, and solar panels just to name a few. And with the option to request custom finishing materials, you can truly make this home your own. Don't miss out on this incredible opportunity to own a piece of paradise in the Algarve. Whether you're looking for a permanent residence or a vacation home, this villa has everything you need and beyond. Call today to schedule a viewing and make this dream home a reality. #ref: 119687
Welcome to your luxurious oasis in the highly sought-after neighborhood next to Palmares Golf Resort in Meia Praia Algarve. This exquisite 4-bedroom, 6-bathroom dream home is the perfect blend of elegance, style and comfort. As you step inside, you'll be greeted by a spacious and meticulously crafted interior, with German and Italian influences throughout. The four ensuite bedrooms provide a peaceful retreat, with ample natural light streaming in through the south-oriented windows. The open living, dining, and kitchen area seamlessly flow out to the infinity pool and stunning panoramic ocean views, creating the perfect space for both relaxing and entertaining. The ground floor boasts two ensuite primary bedrooms, each with access to a large, shared terrace. Step into the lift and be whisked away to the first floor where you'll find two ensuite bedrooms and a spacious terrace perfect for soaking in the breathtaking views. But that's not all - this property boasts a private spa with a sauna and Turkish bath, a cozy library, a barbeque area for entertaining, and a covered garage for four cars. The basement has the potential to be transformed into a gym or home cinema, making this home perfect for both relaxation and entertainment. Superior quality is evident throughout, with Venetian plaster, terrazzo flooring, Italian marble, under-floor heating, and solar panels just to name a few. And with the option to request custom finishing materials, you can truly make this home your own. Don't miss out on this incredible opportunity to own a piece of paradise in the Algarve. Whether you're looking for a permanent residence or a vacation home, this villa has everything you need and beyond. Call today to schedule a viewing and make this dream home a reality. #ref: 119687
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Currency Exchange
Lagos, Faro, 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 | £2,636,480 | £2,750,240 | £113,760 |
| Property Price € | €3,200,000 |
| Minimum cost in the last six months | £2,636,480 |
| 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 | £113,760 |
Lagos, Faro, 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 | £2,636,480 | £2,750,240 | £113,760 |
| Property Price € | €3,200,000 |
| Minimum cost in the last six months | £2,636,480 |
| 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 | £113,760 |
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 £113,760 more.
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