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Stunning 4 bed close to Luz with Ocean views
Lagos, Faro, Portugal, 8600-184
REF: 859250
€799,000
Description
An excellent example of low maintenance luxury living in a 4 bed villa offering amazing ocean views from the upstairs terrace. Located in the Belavista neighbourhood in Praia da Luz, this wonderful 4 bed villa with great sea views has been renovated to a very high standard. The property has Storage in abundance and with all bedrooms having multiple wardrobes, full living for a large family is easily placed in this property.
The Multiple car garage with Utility room off that, can also be a cinema or games room and still have room for 2 large cars. The property has Solar for hot water and also the latest state of the art Photo Voltaic panels in place returning energy to the villa, making this villa a very self efficient grade A. With a simple addition at a low cost, the pool can be heated giving all year round swimming if required from the Solar hot water panels on the roof.
Lets go upstairs to the master bedroom, the space and quality of this bedroom is amazing, lying in bed with the most amazing sea view is breath taking, or get up and walk out onto your own private personal roof terrace, where you can enjoy the tranquility of the area and the view even more.
As an agent of many years, I can say that, I have not been in such a excellent value for money villa, that for someone wanting that special investment, or even just to use it as a second family home would be wonderful. This property over the last few years has smashed it on rentals, generating a huge amount of income through some of the largest rental companies. An Al License for renting can be applied for again after taking possesion. Viewing of this property is highly recommended.
An excellent example of low maintenance luxury living in a 4 bed villa offering amazing ocean views from the upstairs terrace. Located in the Belavista neighbourhood in Praia da Luz, this wonderful 4 bed villa with great sea views has been renovated to a very high standard. The property has Storage in abundance and with all bedrooms having multiple wardrobes, full living for a large family is easily placed in this property.
The Multiple car garage with Utility room off that, can also be a cinema or games room and still have room for 2 large cars. The property has Solar for hot water and also the latest state of the art Photo Voltaic panels in place returning energy to the villa, making this villa a very self efficient grade A. With a simple addition at a low cost, the pool can be heated giving all year round swimming if required from the Solar hot water panels on the roof.
Lets go upstairs to the master bedroom, the space and quality of this bedroom is amazing, lying in bed with the most amazing sea view is breath taking, or get up and walk out onto your own private personal roof terrace, where you can enjoy the tranquility of the area and the view even more.
As an agent of many years, I can say that, I have not been in such a excellent value for money villa, that for someone wanting that special investment, or even just to use it as a second family home would be wonderful. This property over the last few years has smashed it on rentals, generating a huge amount of income through some of the largest rental companies. An Al License for renting can be applied for again after taking possesion. Viewing of this property is highly recommended.
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Currency Exchange
Lagos, Faro, Portugal, 8600-184
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 €799,000 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 |
|---|---|---|---|
| €799,000 | £661,820 | £686,701 | £24,881 |
| Property Price € | €799,000 |
| Minimum cost in the last six months | £661,820 |
| Maximum cost in the last six months | £686,701 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £24,881 |
Lagos, Faro, Portugal, 8600-184
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 €799,000 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 |
|---|---|---|---|
| €799,000 | £661,820 | £686,701 | £24,881 |
| Property Price € | €799,000 |
| Minimum cost in the last six months | £661,820 |
| Maximum cost in the last six months | £686,701 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £24,881 |
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 £24,881 more.
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