6 bedrooms property for sale on beach front in Praia da Luz, Algarve

Lagos, Portugal

For Sale

€1,775,000

REF: 890566 €1,775,000


6

6

2016

Description

Nestled in one of the most coveted locations in Praia da Luz, right on the beachfront, this extraordinary property combines two fully renovated and unified beach houses into a single, stylish retreat. The property is centered around a magnificent patio garden, a true oasis of leisure and tranquility.

Towering palm trees, multiple seating and lounging areas, and a striking mosaic mural overlooking a 27-meter heated pool make this space a haven of relaxation. The ambiance is further enhanced by the seamless blend of nature and modern design, creating a peaceful escape in the heart of Praia da Luz. All amenities and local commerce are just a short walk away, ensuring convenience without sacrificing privacy or exclusivity.

Both houses have been meticulously renovated to the highest standard, offering modern comforts and thoughtful details throughout. Features include under-floor heating and air conditioning, ensuring year-round comfort, as well as electric shutters and solar panels for convenience and sustainability. The high-quality finishes exude sophistication while maintaining a welcoming coastal charm, making the property as functional as it is beautiful.

"Villa Areal" is a standout in this remarkable duo, designed to take full advantage of its beachfront position. The villa offers four large suites, two of which open onto a private section of the garden exclusive to them, while the other two enjoy direct access to the patio and pool area. The living space occupies the entire upper floor, where natural light floods through large windows and balconies on either side.

The open-plan kitchen is fully equipped, and the sitting area, with its cozy fireplace, boasts stunning sea views from every corner, providing an exceptional space to relax or entertain. "Villa Poseidon," the second house, complements the main villa perfectly with its equally luxurious and spacious design.

It features two large suites with a balcony that overlooks the pool and patio garden. The open-plan living area and fully equipped kitchen create a comfortable and stylish environment, ideal for guests or family members seeking their own private retreat. This property offers incredible versatility, whether you re looking for a permanent or semi-permanent home, a space to accommodate family and guests, or a high-quality rental property with significant income potential. Its exceptional location and luxurious design ensure strong rental demand while also making it an enviable personal residence.
Nestled in one of the most coveted locations in Praia da Luz, right on the beachfront, this extraordinary property combines two fully renovated and unified beach houses into a single, stylish retreat. The property is centered around a magnificent patio garden, a true oasis of leisure and tranquility.

Towering palm trees, multiple seating and lounging areas, and a striking mosaic mural overlooking a 27-meter heated pool make this space a haven of relaxation. The ambiance is further enhanced by the seamless blend of nature and modern design, creating a peaceful escape in the heart of Praia da Luz. All amenities and local commerce are just a short walk away, ensuring convenience without sacrificing privacy or exclusivity.

Both houses have been meticulously renovated to the highest standard, offering modern comforts and thoughtful details throughout. Features include under-floor heating and air conditioning, ensuring year-round comfort, as well as electric shutters and solar panels for convenience and sustainability. The high-quality finishes exude sophistication while maintaining a welcoming coastal charm, making the property as functional as it is beautiful.

"Villa Areal" is a standout in this remarkable duo, designed to take full advantage of its beachfront position. The villa offers four large suites, two of which open onto a private section of the garden exclusive to them, while the other two enjoy direct access to the patio and pool area. The living space occupies the entire upper floor, where natural light floods through large windows and balconies on either side.

The open-plan kitchen is fully equipped, and the sitting area, with its cozy fireplace, boasts stunning sea views from every corner, providing an exceptional space to relax or entertain. "Villa Poseidon," the second house, complements the main villa perfectly with its equally luxurious and spacious design.

It features two large suites with a balcony that overlooks the pool and patio garden. The open-plan living area and fully equipped kitchen create a comfortable and stylish environment, ideal for guests or family members seeking their own private retreat. This property offers incredible versatility, whether you re looking for a permanent or semi-permanent home, a space to accommodate family and guests, or a high-quality rental property with significant income potential. Its exceptional location and luxurious design ensure strong rental demand while also making it an enviable personal residence.
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Property on Map

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Currency Exchange

Lagos, 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 €1,775,000 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
€1,775,000 £1,462,423 £1,505,378 £42,955
Property Price € €1,775,000
Minimum cost in the last six months £1,462,423
Maximum cost in the last six months £1,505,378
Fluctuating exchange rates over the last six months could have increased the cost of this property by £42,955

Lagos, 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 €1,775,000 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
€1,775,000 £1,462,423 £1,505,378 £42,955
Property Price € €1,775,000
Minimum cost in the last six months £1,462,423
Maximum cost in the last six months £1,505,378
Fluctuating exchange rates over the last six months could have increased the cost of this property by £42,955

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 £42,955 more.

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