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This beautifully renovated 2 bedroom townhouse is situated in a prime location in Praia da Luz, just a couple of minutes walk to the beach and all amenities
Lagos, Algarve, Portugal, 8600-146
REF: 860150
€695,000
Description
This beautifully renovated 2 bedroom townhouse is situated in a prime location in Praia da Luz, just a couple of minutes walk to the beach and all amenities. The property has the perfect blend of traditional charm, and modern luxury.
On the upper level is a large open-plan living, dining and kitchen area, which sits under vaulted ceilings creating a spacious feel. From here, you can enjoy a fantastic sea view whilst preparing meals, or relaxing in the living space. There is also a balcony where you can relax and enjoy the view.
Downstairs there are two spacious bedrooms, complemented by a versatile Jack and Jill bathroom , which can easily be converted into two separate bathrooms.
Outside there is a large private terrace with built in seating area - the perfect spot for lounging, relaxing or entertaining outdoors. You can also take a dip in the refreshing plunge pool. Adjacent to the terrace is a lovely glass room on the ground level of the townhouse, which could be the perfect indoor/outdoor area in which to enjoy in the cooler months.
Every detail of the renovation has been updated, including new plumbing, electrics, and underfloor heating throughout the home.
This is a rare opportunity to own a traditional townhouse that offers modern comforts, which retaining its original charm. Viewing is highly recommended to appreciate the quality of the renovation, and the superb location in Praia da Luz.
This beautifully renovated 2 bedroom townhouse is situated in a prime location in Praia da Luz, just a couple of minutes walk to the beach and all amenities. The property has the perfect blend of traditional charm, and modern luxury.
On the upper level is a large open-plan living, dining and kitchen area, which sits under vaulted ceilings creating a spacious feel. From here, you can enjoy a fantastic sea view whilst preparing meals, or relaxing in the living space. There is also a balcony where you can relax and enjoy the view.
Downstairs there are two spacious bedrooms, complemented by a versatile Jack and Jill bathroom , which can easily be converted into two separate bathrooms.
Outside there is a large private terrace with built in seating area - the perfect spot for lounging, relaxing or entertaining outdoors. You can also take a dip in the refreshing plunge pool. Adjacent to the terrace is a lovely glass room on the ground level of the townhouse, which could be the perfect indoor/outdoor area in which to enjoy in the cooler months.
Every detail of the renovation has been updated, including new plumbing, electrics, and underfloor heating throughout the home.
This is a rare opportunity to own a traditional townhouse that offers modern comforts, which retaining its original charm. Viewing is highly recommended to appreciate the quality of the renovation, and the superb location in Praia da Luz.
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Currency Exchange
Lagos, Algarve, Portugal, 8600-146
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 €695,000 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 |
|---|---|---|---|
| €695,000 | £575,675 | £597,318 | £21,642 |
| Property Price € | €695,000 |
| Minimum cost in the last six months | £575,675 |
| Maximum cost in the last six months | £597,318 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,642 |
Lagos, Algarve, Portugal, 8600-146
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 €695,000 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 |
|---|---|---|---|
| €695,000 | £575,675 | £597,318 | £21,642 |
| Property Price € | €695,000 |
| Minimum cost in the last six months | £575,675 |
| Maximum cost in the last six months | £597,318 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,642 |
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 £21,642 more.
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