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Townhouse of 96 m² in Praia da Luz, Algarve – 2 bedrooms with sea view This beautifully renovated house, with a living area of 96 m² and located on a 115 m² plot, is set in an exceptional location in Praia da Luz, just a few minutes' walk from the beach
Lagos, Faro, Portugal
REF: 884725
€695,000
Description
Townhouse of 96 m² in Praia da Luz, Algarve – 2 bedrooms with sea view This beautifully renovated house, with a living area of 96 m² and located on a 115 m² plot, is set in an exceptional location in Praia da Luz, just a few minutes' walk from the beach. Combining traditional charm with modern comfort, this property offers: On the ground floor: - Two spacious bedrooms with direct access to a "Jack and Jill" bathroom, easily convertible into two separate bathrooms. - A large private terrace with a built-in seating area, perfect for outdoor dining or relaxation. - A refreshing plunge pool, perfect for sunny days. - A glass-enclosed room on the ground floor, ideal for enjoying the outdoor spaces even in the colder months. On the upper floor: - A large open-plan living space: a spacious living room, dining area, and kitchen under high vaulted ceilings, all with stunning sea views. - A private balcony providing extra outdoor space to relax while taking in the views. The house is equipped with air conditioning for optimal comfort all year round and features modern finishes such as underfloor heating throughout the house and new plumbing and electrics. The entire space is filled with natural light, offering abundant brightness in all rooms throughout the day. Praia da Luz is one of the most sought-after locations in the Algarve. The house is just a 10-minute walk from the beach and situated in a lively area surrounded by restaurants, cafés, and shops, all within walking distance, offering a warm and welcoming atmosphere perfect for a main residence or a holiday home. Built before 1951, this house is exempt from a usage license following current legislation. Rare opportunity! Contact me for more information. * I speak French, Portuguese, English, and Spanish. * I share the commission 50-50 with all agencies. #ref: 126950
Townhouse of 96 m² in Praia da Luz, Algarve – 2 bedrooms with sea view This beautifully renovated house, with a living area of 96 m² and located on a 115 m² plot, is set in an exceptional location in Praia da Luz, just a few minutes' walk from the beach. Combining traditional charm with modern comfort, this property offers: On the ground floor: - Two spacious bedrooms with direct access to a "Jack and Jill" bathroom, easily convertible into two separate bathrooms. - A large private terrace with a built-in seating area, perfect for outdoor dining or relaxation. - A refreshing plunge pool, perfect for sunny days. - A glass-enclosed room on the ground floor, ideal for enjoying the outdoor spaces even in the colder months. On the upper floor: - A large open-plan living space: a spacious living room, dining area, and kitchen under high vaulted ceilings, all with stunning sea views. - A private balcony providing extra outdoor space to relax while taking in the views. The house is equipped with air conditioning for optimal comfort all year round and features modern finishes such as underfloor heating throughout the house and new plumbing and electrics. The entire space is filled with natural light, offering abundant brightness in all rooms throughout the day. Praia da Luz is one of the most sought-after locations in the Algarve. The house is just a 10-minute walk from the beach and situated in a lively area surrounded by restaurants, cafés, and shops, all within walking distance, offering a warm and welcoming atmosphere perfect for a main residence or a holiday home. Built before 1951, this house is exempt from a usage license following current legislation. Rare opportunity! Contact me for more information. * I speak French, Portuguese, English, and Spanish. * I share the commission 50-50 with all agencies. #ref: 126950
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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 €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 | £583,327 | £599,479 | £16,152 |
| Property Price € | €695,000 |
| Minimum cost in the last six months | £583,327 |
| Maximum cost in the last six months | £599,479 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,152 |
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 €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 | £583,327 | £599,479 | £16,152 |
| Property Price € | €695,000 |
| Minimum cost in the last six months | £583,327 |
| Maximum cost in the last six months | £599,479 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,152 |
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 £16,152 more.
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