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Elegant Renovated Townhouse with Sea Views in Praia da Luz This fully renovated 2-bedroom townhouse, situated in a peaceful area of Praia da Luz, offers the perfect balance between comfort and convenience
Lagos, Faro, Portugal
REF: 871428
€595,000
Description
Elegant Renovated Townhouse with Sea Views in Praia da Luz This fully renovated 2-bedroom townhouse, situated in a peaceful area of Praia da Luz, offers the perfect balance between comfort and convenience. Located within walking distance of the beach, supermarkets, and restaurants, it provides a truly delightful coastal living experience. On the upper floor, the property features an open-plan kitchen, living, and dining area, creating a warm and bright space. This area opens onto a south-facing terrace where you can enjoy the sun and beautiful sea views, making it an ideal spot to relax or entertain guests. Descending the stairs, you’ll find two spacious bedrooms. The first bedroom has direct access to a private terrace with a pool connection, offering a tranquil and exclusive retreat. The second bedroom includes an additional area that can be used as an office, with a skylight providing ample natural light. This room also leads to a back terrace, perfect for unwinding. The property includes two modern bathrooms, one of them en-suite, ensuring comfort and privacy. The townhouse is equipped with air conditioning, offering a comfortable environment year-round, and features high-quality finishes throughout. Whether you are looking for a holiday rental investment or a permanent residence, this property’s prime location and thoughtful design make it an excellent choice. Don’t miss the chance to acquire this superb property and discover your dream home in an idyllic setting. Contact me today for more information and to schedule a viewing. * I speak French, Portuguese, Spanish, and English. * I share 50-50 with all agencies. IAD's reliability in Portugal, a subsidiary of an international group present in France, Spain, Italy, Germany, the UK, Mexico, and the USA, guarantees you quality service and a wide range of options for realizing your project. #ref: 125274
Elegant Renovated Townhouse with Sea Views in Praia da Luz This fully renovated 2-bedroom townhouse, situated in a peaceful area of Praia da Luz, offers the perfect balance between comfort and convenience. Located within walking distance of the beach, supermarkets, and restaurants, it provides a truly delightful coastal living experience. On the upper floor, the property features an open-plan kitchen, living, and dining area, creating a warm and bright space. This area opens onto a south-facing terrace where you can enjoy the sun and beautiful sea views, making it an ideal spot to relax or entertain guests. Descending the stairs, you’ll find two spacious bedrooms. The first bedroom has direct access to a private terrace with a pool connection, offering a tranquil and exclusive retreat. The second bedroom includes an additional area that can be used as an office, with a skylight providing ample natural light. This room also leads to a back terrace, perfect for unwinding. The property includes two modern bathrooms, one of them en-suite, ensuring comfort and privacy. The townhouse is equipped with air conditioning, offering a comfortable environment year-round, and features high-quality finishes throughout. Whether you are looking for a holiday rental investment or a permanent residence, this property’s prime location and thoughtful design make it an excellent choice. Don’t miss the chance to acquire this superb property and discover your dream home in an idyllic setting. Contact me today for more information and to schedule a viewing. * I speak French, Portuguese, Spanish, and English. * I share 50-50 with all agencies. IAD's reliability in Portugal, a subsidiary of an international group present in France, Spain, Italy, Germany, the UK, Mexico, and the USA, guarantees you quality service and a wide range of options for realizing your project. #ref: 125274
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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 €595,000 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 |
|---|---|---|---|
| €595,000 | £490,221 | £511,373 | £21,152 |
| Property Price € | €595,000 |
| Minimum cost in the last six months | £490,221 |
| Maximum cost in the last six months | £511,373 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,152 |
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 €595,000 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 |
|---|---|---|---|
| €595,000 | £490,221 | £511,373 | £21,152 |
| Property Price € | €595,000 |
| Minimum cost in the last six months | £490,221 |
| Maximum cost in the last six months | £511,373 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,152 |
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 £21,152 more.
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