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Semi-detached House for Sale in Montinhos da Luz - Praia da Luz I present this charming semi-detached house in Montinhos da Luz, located in a peaceful and quiet area, perfect for those seeking a serene lifestyle near the beach
Lagos, Faro, Portugal
REF: 884729
€550,000
Description
Semi-detached House for Sale in Montinhos da Luz - Praia da Luz I present this charming semi-detached house in Montinhos da Luz, located in a peaceful and quiet area, perfect for those seeking a serene lifestyle near the beach. This property, currently undergoing renovation, offers a modern and comfortable space with high-quality finishes. Upon entering the house, you are greeted by a beautiful garden with a pool area, ideal for enjoying sunny days. On the ground floor, the open-plan living and dining area creates a spacious and welcoming environment, complemented by a fully equipped kitchen with a pantry. Also on this floor, you will find two bedrooms with built-in wardrobes and a bathroom. The exterior features a private rear terrace, perfect for relaxing or entertaining, along with an additional storage area. On the first floor, the master suite offers a comfortable retreat, ensuring privacy. The ongoing renovations cover the entire house, including the installation of a new plumbing system, electricity, underfloor heating, double-glazed windows, complete renovation of the kitchen and bathrooms, and more. The pool and garden have also been refurbished, providing an ideal outdoor space to enjoy the Algarve's climate. The property will be delivered with a new habitation license. This privileged location allows easy access to the beaches of Luz and Burgau, in an area that combines tranquility with proximity to services and infrastructure. Praia da Luz, known for its charm, offers a cosmopolitan atmosphere with a rich history, once an important fishing village. Today, it is a lively spot during the summer, with a promenade lined with palm trees and a wide range of terraces and activities. Furthermore, Faro International Airport is just an hour away via the A22 motorway, and the historic center of Lagos can be reached in less than 15 minutes by car. Don't miss this excellent opportunity to acquire your dream home in one of the most sought-after areas of the Algarve! Contact us for more information or to schedule a visit. * I speak French, Portuguese, Spanish, and English. * I offer a 50-50 commission split with all agencies. The reliability of IAD in Portugal, a subsidiary of an international group present in France, Spain, Italy, Germany, the UK, Mexico, and the United States, guarantees you quality service and a wide range of services to achieve your project. #ref: 126914
Semi-detached House for Sale in Montinhos da Luz - Praia da Luz I present this charming semi-detached house in Montinhos da Luz, located in a peaceful and quiet area, perfect for those seeking a serene lifestyle near the beach. This property, currently undergoing renovation, offers a modern and comfortable space with high-quality finishes. Upon entering the house, you are greeted by a beautiful garden with a pool area, ideal for enjoying sunny days. On the ground floor, the open-plan living and dining area creates a spacious and welcoming environment, complemented by a fully equipped kitchen with a pantry. Also on this floor, you will find two bedrooms with built-in wardrobes and a bathroom. The exterior features a private rear terrace, perfect for relaxing or entertaining, along with an additional storage area. On the first floor, the master suite offers a comfortable retreat, ensuring privacy. The ongoing renovations cover the entire house, including the installation of a new plumbing system, electricity, underfloor heating, double-glazed windows, complete renovation of the kitchen and bathrooms, and more. The pool and garden have also been refurbished, providing an ideal outdoor space to enjoy the Algarve's climate. The property will be delivered with a new habitation license. This privileged location allows easy access to the beaches of Luz and Burgau, in an area that combines tranquility with proximity to services and infrastructure. Praia da Luz, known for its charm, offers a cosmopolitan atmosphere with a rich history, once an important fishing village. Today, it is a lively spot during the summer, with a promenade lined with palm trees and a wide range of terraces and activities. Furthermore, Faro International Airport is just an hour away via the A22 motorway, and the historic center of Lagos can be reached in less than 15 minutes by car. Don't miss this excellent opportunity to acquire your dream home in one of the most sought-after areas of the Algarve! Contact us for more information or to schedule a visit. * I speak French, Portuguese, Spanish, and English. * I offer a 50-50 commission split with all agencies. The reliability of IAD in Portugal, a subsidiary of an international group present in France, Spain, Italy, Germany, the UK, Mexico, and the United States, guarantees you quality service and a wide range of services to achieve your project. #ref: 126914
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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 €550,000 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 |
|---|---|---|---|
| €550,000 | £453,145 | £472,698 | £19,553 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £453,145 |
| Maximum cost in the last six months | £472,698 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,553 |
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 €550,000 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 |
|---|---|---|---|
| €550,000 | £453,145 | £472,698 | £19,553 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £453,145 |
| Maximum cost in the last six months | £472,698 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,553 |
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 £19,553 more.
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