Modern Villa for sale Burgau, Algarve

Lagos, Portugal

For Sale

€2,195,000

REF: 849241 €2,195,000


5

7


2024

Description

For west coast lovers who dream of overlooking the stunning coast of the Western Algarve Natural Park in modern quality and sophistication, this brand-new villa will captivate your interest. Located within walking distance of Cabanas Velhas beach and just a short drive to Burgau, Salema is also easily accessible via a beautiful coastal road.

Both Lagos and Vila do Bispo and all amenities, like various golf courses, are within a 15 minute drive. The villa boasts modern lines and open spaces, perfectly perched on a south-facing plot that offers sea views from every level. It comes equipped with under-floor heating and air conditioning for year-round comfort.

On the main floor, you'll find the entrance hall and a main living area with an open-plan kitchen that opens onto a fabulous sunny terrace. The first floor features three suites, including the master suite with its own large balcony, offering a private retreat. The basement area opens onto the garden and pool, includes a full bathroom, and provides additional living or leisure space. The property is fully landscaped with local species for low water consumption and easy maintenance. This villa must be viewed for full appreciation.
For west coast lovers who dream of overlooking the stunning coast of the Western Algarve Natural Park in modern quality and sophistication, this brand-new villa will captivate your interest. Located within walking distance of Cabanas Velhas beach and just a short drive to Burgau, Salema is also easily accessible via a beautiful coastal road.

Both Lagos and Vila do Bispo and all amenities, like various golf courses, are within a 15 minute drive. The villa boasts modern lines and open spaces, perfectly perched on a south-facing plot that offers sea views from every level. It comes equipped with under-floor heating and air conditioning for year-round comfort.

On the main floor, you'll find the entrance hall and a main living area with an open-plan kitchen that opens onto a fabulous sunny terrace. The first floor features three suites, including the master suite with its own large balcony, offering a private retreat. The basement area opens onto the garden and pool, includes a full bathroom, and provides additional living or leisure space. The property is fully landscaped with local species for low water consumption and easy maintenance. This villa must be viewed for full appreciation.
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Property on Map

#EAV-3698

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 €2,195,000 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
€2,195,000 £1,818,140 £1,886,493 £68,352
Property Price € €2,195,000
Minimum cost in the last six months £1,818,140
Maximum cost in the last six months £1,886,493
Fluctuating exchange rates over the last six months could have increased the cost of this property by £68,352

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 €2,195,000 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
€2,195,000 £1,818,140 £1,886,493 £68,352
Property Price € €2,195,000
Minimum cost in the last six months £1,818,140
Maximum cost in the last six months £1,886,493
Fluctuating exchange rates over the last six months could have increased the cost of this property by £68,352

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 £68,352 more.

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