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Exquisite villa with ocean views in Reserva da Luz
Lagos, Faro, Portugal, 8600-113
REF: 891665
€3,500,000
Description
Discover luxury living in this stunning contemporary villa located in the exclusive Reserva da Luz, just minutes away from the popular beach town of Praia da Luz and within walking distance of the beach. This modern home is set on a generous 1,900 sqm plot, offering a perfect blend of spacious indoor and outdoor living. Key Features:
- 4 Bedrooms & 3 Bathrooms
- Open-Plan Living Space: Featuring a lounge, dining area, and a fully equipped modern kitchen
- Master Bedroom on the Ground Floor: Complete with a walk-in wardrobe and ensuite bathroom
- Home Office & Guest Toilet on the ground floor
- Double Garage: Includes an electric charging point
- Rooftop Terrace with panoramic ocean views
- South-West Facing Orientation: Ideal for enjoying sunsets and hosting by the poolside terrace
- Swimming Pool and landscaped garden, perfect for outdoor entertaining
- Energy Efficient Photovoltaic System for sustainable living
- Underfloor Heating and Air Conditioning throughout for year-round comfort
- Proximity to Amenities: Close to international schools, restaurants, and shops
Ground Floor:
The open-plan living area flows seamlessly from the lounge to the dining space and kitchen, creating an ideal space for family life or entertaining. The master suite is a true retreat with its own walk-in wardrobe and ensuite bathroom. A guest toilet and a private office add convenience, while direct access to the garage provides practical storage options.
Second Floor:
Upstairs, you ll find three additional bedrooms. One enjoys its own ensuite bathroom and walk-in wardrobe, while the other two have built-in wardrobes and share a modern bathroom. All bedrooms feature large sliding glass doors that open onto a spacious terrace, where you can wake up to stunning ocean views.
Outdoor Living:
The villa s south-west orientation ensures abundant natural light, while the expansive poolside terrace is perfect for al fresco dining or lounging in the sun. The double garage includes an electric vehicle charging point, and the rooftop terrace offers breathtaking views of the coastline.
Additional Amenities:
- Energy-Efficient Photovoltaic System
- Underfloor Heating
- Air Conditioning for year-round comfort
- Rooftop Terrace with panoramic views
This exceptional villa is currently under construction and is set for completion by the end of 2025. Secure this dream home now and enjoy the ultimate Algarve lifestyle in one of the region's most sought-after locations.
Discover luxury living in this stunning contemporary villa located in the exclusive Reserva da Luz, just minutes away from the popular beach town of Praia da Luz and within walking distance of the beach. This modern home is set on a generous 1,900 sqm plot, offering a perfect blend of spacious indoor and outdoor living. Key Features:
- 4 Bedrooms & 3 Bathrooms
- Open-Plan Living Space: Featuring a lounge, dining area, and a fully equipped modern kitchen
- Master Bedroom on the Ground Floor: Complete with a walk-in wardrobe and ensuite bathroom
- Home Office & Guest Toilet on the ground floor
- Double Garage: Includes an electric charging point
- Rooftop Terrace with panoramic ocean views
- South-West Facing Orientation: Ideal for enjoying sunsets and hosting by the poolside terrace
- Swimming Pool and landscaped garden, perfect for outdoor entertaining
- Energy Efficient Photovoltaic System for sustainable living
- Underfloor Heating and Air Conditioning throughout for year-round comfort
- Proximity to Amenities: Close to international schools, restaurants, and shops
Ground Floor:
The open-plan living area flows seamlessly from the lounge to the dining space and kitchen, creating an ideal space for family life or entertaining. The master suite is a true retreat with its own walk-in wardrobe and ensuite bathroom. A guest toilet and a private office add convenience, while direct access to the garage provides practical storage options.
Second Floor:
Upstairs, you ll find three additional bedrooms. One enjoys its own ensuite bathroom and walk-in wardrobe, while the other two have built-in wardrobes and share a modern bathroom. All bedrooms feature large sliding glass doors that open onto a spacious terrace, where you can wake up to stunning ocean views.
Outdoor Living:
The villa s south-west orientation ensures abundant natural light, while the expansive poolside terrace is perfect for al fresco dining or lounging in the sun. The double garage includes an electric vehicle charging point, and the rooftop terrace offers breathtaking views of the coastline.
Additional Amenities:
- Energy-Efficient Photovoltaic System
- Underfloor Heating
- Air Conditioning for year-round comfort
- Rooftop Terrace with panoramic views
This exceptional villa is currently under construction and is set for completion by the end of 2025. Secure this dream home now and enjoy the ultimate Algarve lifestyle in one of the region's most sought-after locations.
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Currency Exchange
Lagos, Faro, Portugal, 8600-113
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 €3,500,000 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 |
|---|---|---|---|
| €3,500,000 | £2,883,650 | £3,008,075 | £124,425 |
| Property Price € | €3,500,000 |
| Minimum cost in the last six months | £2,883,650 |
| Maximum cost in the last six months | £3,008,075 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £124,425 |
Lagos, Faro, Portugal, 8600-113
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 €3,500,000 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 |
|---|---|---|---|
| €3,500,000 | £2,883,650 | £3,008,075 | £124,425 |
| Property Price € | €3,500,000 |
| Minimum cost in the last six months | £2,883,650 |
| Maximum cost in the last six months | £3,008,075 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £124,425 |
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 £124,425 more.
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