Ocean front 8 bed villa for sale with private island in Lagos, Algarve, Portugal

Lagos, Portugal

For Sale

€27,000,000

REF: 893699 €27,000,000


8

9

1962

Description

The most stunning ocean front property in Portugal is now for sale ! The 6+2 bedroom villa has the most unique feature of all properties for sale on the ocean front and that is a bridge connecting the main house to the island in front of the villa. Here you have a seating area with barbeque as well access to a lower part of the cliffs for those who want to catch their own lunch.

The property has been build on the ruins of a 16th century fortress overlooking Lagos marina with panoramic coastal views towards the beach and coastline of Carvoeiro & Faro. The villa has on ground level a super impressive main entrance with the hallway leading you to a stunning sea view. There is a seperate office, renovated traditional chapel with side entrance and very large open plan living and dining room with aproximately 160m2.

Via electric sliding doors there you can make your way to the outside gardens and fully equiped outside kitchen and barbeque area. In the dining room you will find quadruple glazed round pivot windows which have been custom designed for the property. There are traditional brick domed ceilings which have been carefully restored.

The kitchen and adjacent pantry area have top end BORA oven and induction plate with tepanyaki cooker, double fridge/freezer and ample storage space. The stone counter tops have LED lights and can be lid up in the evenings to give a special effect. Via the stairs or private elevator servicing all levels you have 6 bedrooms on the first floor, 5 of which are ensuite.

The master is the showpiece with large bathroom, double sinks and adjacent walk in closed leading you to the bedroom. The private terrace has views over the ocean and ponta de piedade. For your evening parties, what better then the roof terrace with panoramic views to Lagos old city walls, meia praia beach, palmares golf course and the marina.

There are solar panels for hot water and remaining space is for entertainment. The 'basement' serves as tecnical room where the equipment for the underfloor heating and cooling systems are installed. The is a SPA with massage room, sauna, WC and steamroom. The garage suits 2 to 3 cars depending on size and has a 1 bedroom ensuite bedroom as maids quarter.

The 'concierge' property is a self contained 1 bedroom property with living room, kitchen and ensuite bedroom. There is sport car access from the mainroad and you can walk within 50 meters to the beach. Lagos centre is a 5 minute stroll to enjoy the vibrant city centre.
The most stunning ocean front property in Portugal is now for sale ! The 6+2 bedroom villa has the most unique feature of all properties for sale on the ocean front and that is a bridge connecting the main house to the island in front of the villa. Here you have a seating area with barbeque as well access to a lower part of the cliffs for those who want to catch their own lunch.

The property has been build on the ruins of a 16th century fortress overlooking Lagos marina with panoramic coastal views towards the beach and coastline of Carvoeiro & Faro. The villa has on ground level a super impressive main entrance with the hallway leading you to a stunning sea view. There is a seperate office, renovated traditional chapel with side entrance and very large open plan living and dining room with aproximately 160m2.

Via electric sliding doors there you can make your way to the outside gardens and fully equiped outside kitchen and barbeque area. In the dining room you will find quadruple glazed round pivot windows which have been custom designed for the property. There are traditional brick domed ceilings which have been carefully restored.

The kitchen and adjacent pantry area have top end BORA oven and induction plate with tepanyaki cooker, double fridge/freezer and ample storage space. The stone counter tops have LED lights and can be lid up in the evenings to give a special effect. Via the stairs or private elevator servicing all levels you have 6 bedrooms on the first floor, 5 of which are ensuite.

The master is the showpiece with large bathroom, double sinks and adjacent walk in closed leading you to the bedroom. The private terrace has views over the ocean and ponta de piedade. For your evening parties, what better then the roof terrace with panoramic views to Lagos old city walls, meia praia beach, palmares golf course and the marina.

There are solar panels for hot water and remaining space is for entertainment. The 'basement' serves as tecnical room where the equipment for the underfloor heating and cooling systems are installed. The is a SPA with massage room, sauna, WC and steamroom. The garage suits 2 to 3 cars depending on size and has a 1 bedroom ensuite bedroom as maids quarter.

The 'concierge' property is a self contained 1 bedroom property with living room, kitchen and ensuite bedroom. There is sport car access from the mainroad and you can walk within 50 meters to the beach. Lagos centre is a 5 minute stroll to enjoy the vibrant city centre.
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Property on Map

#EAV-3876

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 €27,000,000 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
€27,000,000 £22,364,370 £23,205,150 £840,780
Property Price € €27,000,000
Minimum cost in the last six months £22,364,370
Maximum cost in the last six months £23,205,150
Fluctuating exchange rates over the last six months could have increased the cost of this property by £840,780

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 €27,000,000 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
€27,000,000 £22,364,370 £23,205,150 £840,780
Property Price € €27,000,000
Minimum cost in the last six months £22,364,370
Maximum cost in the last six months £23,205,150
Fluctuating exchange rates over the last six months could have increased the cost of this property by £840,780

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 £840,780 more.

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