A new and extraordinary construction project emerges in Praia da Luz, in the municipality of Lagos

Luz, Faro, Portugal

For Sale

€2,350,000

REF: 896169 €2,350,000


3

4


295 m2

790 m2

Description

A new and extraordinary construction project emerges in Praia da Luz, in the municipality of Lagos. This high-quality villa is situated on a 790sqm plot, with a gross construction area of 295sqm, in addition to a basement designated for the garage. The residence, spread over two floors, offers a spacious and luxurious living area.

On the ground floor, there are two en suite bedrooms, both with access to a semi-covered terrace and the pool. The carefully planned garden will be low-maintenance and aesthetically pleasing. On the first floor, the master suite stands out with a walk-in closet and stunning sea views. This floor also houses the living room, dining room, and a kitchen equipped with state-of-the-art appliances, light-colored postforming cabinets, and countertops in Silestone or natural stone.

The bathrooms are designed to offer maximum comfort and elegance, with white fixtures, Grohe chrome single-handle faucets, floors and walls covered in rectified joint ceramic tiles, a whirlpool bathtub, and a shower column. The carpentry finishes include wardrobes lacquered in matte white, brushed stainless steel handles and fittings by Tupai, and interior doors also in matte white lacquered wood.

The villa is equipped with a complete air conditioning and electric heating system, double-glazed windows with laminated safety glass, and built-in safes (in one of the bedrooms). It also features a complete central vacuum system, a high-security entrance door, and an alarm system. With its modern and imposing architecture, large windows, and high-quality finishes, this villa offers incredible sea views.

The prime location allows easy walking access to the center of Praia da Luz and the beach. Flooring - Ceramic tile flooring, natural stone or wood Kitchen  Tiled walls with accent stringer or stone  Fully fitted kitchen units in light coloured maritime plywood  Silestone countertop or natural stone Kitchen equipment - Bosch  Induction hob, extractor fan and oven  Microwave  Fridge freezer (vertical ark)  Washing machine  Dishwasher  Mixer taps  Water boiler Sanitary installations  White sanitary ware  Chrome Grohe mixer taps  Ceramic or stone tiled walls  Hydromassage bath & power shower  Bath & shower guards Carpentry  Built in wardrobes in white lacquer mate, fully lined and fitted  Door handles and fittings in TUPAI (or similar) stainless steel  Interior doors in white lacquer mate Acclimatization  Fully installed air conditioning  Fully installed electric under floor heating Vacuum system - Fully installed central vacuum system Security installations.

 High security entrance door  Alarm system  Reprogrammable safety deposit box (in 1 of the bedrooms) Façade  Double glazed windows with security laminated glass  stone wndow sills  Electric window blinds and blackouts Satellite TV Private garage with electric door Swimming pool, sun and landscaped garden Plot to be fenced on all sides with boundary wall & remote control entrance gates to road Led lightning BBQ We await your visit to discover this incredible opportunity to live in comfort, elegance, and with a spectacular view.
A new and extraordinary construction project emerges in Praia da Luz, in the municipality of Lagos. This high-quality villa is situated on a 790sqm plot, with a gross construction area of 295sqm, in addition to a basement designated for the garage. The residence, spread over two floors, offers a spacious and luxurious living area.

On the ground floor, there are two en suite bedrooms, both with access to a semi-covered terrace and the pool. The carefully planned garden will be low-maintenance and aesthetically pleasing. On the first floor, the master suite stands out with a walk-in closet and stunning sea views. This floor also houses the living room, dining room, and a kitchen equipped with state-of-the-art appliances, light-colored postforming cabinets, and countertops in Silestone or natural stone.

The bathrooms are designed to offer maximum comfort and elegance, with white fixtures, Grohe chrome single-handle faucets, floors and walls covered in rectified joint ceramic tiles, a whirlpool bathtub, and a shower column. The carpentry finishes include wardrobes lacquered in matte white, brushed stainless steel handles and fittings by Tupai, and interior doors also in matte white lacquered wood.

The villa is equipped with a complete air conditioning and electric heating system, double-glazed windows with laminated safety glass, and built-in safes (in one of the bedrooms). It also features a complete central vacuum system, a high-security entrance door, and an alarm system. With its modern and imposing architecture, large windows, and high-quality finishes, this villa offers incredible sea views.

The prime location allows easy walking access to the center of Praia da Luz and the beach. Flooring - Ceramic tile flooring, natural stone or wood Kitchen  Tiled walls with accent stringer or stone  Fully fitted kitchen units in light coloured maritime plywood  Silestone countertop or natural stone Kitchen equipment - Bosch  Induction hob, extractor fan and oven  Microwave  Fridge freezer (vertical ark)  Washing machine  Dishwasher  Mixer taps  Water boiler Sanitary installations  White sanitary ware  Chrome Grohe mixer taps  Ceramic or stone tiled walls  Hydromassage bath & power shower  Bath & shower guards Carpentry  Built in wardrobes in white lacquer mate, fully lined and fitted  Door handles and fittings in TUPAI (or similar) stainless steel  Interior doors in white lacquer mate Acclimatization  Fully installed air conditioning  Fully installed electric under floor heating Vacuum system - Fully installed central vacuum system Security installations.

 High security entrance door  Alarm system  Reprogrammable safety deposit box (in 1 of the bedrooms) Façade  Double glazed windows with security laminated glass  stone wndow sills  Electric window blinds and blackouts Satellite TV Private garage with electric door Swimming pool, sun and landscaped garden Plot to be fenced on all sides with boundary wall & remote control entrance gates to road Led lightning BBQ We await your visit to discover this incredible opportunity to live in comfort, elegance, and with a spectacular view.
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Currency Exchange

Luz, 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 €2,350,000 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
€2,350,000 £1,946,529 £2,019,708 £73,179
Property Price € €2,350,000
Minimum cost in the last six months £1,946,529
Maximum cost in the last six months £2,019,708
Fluctuating exchange rates over the last six months could have increased the cost of this property by £73,179

Luz, 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 €2,350,000 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
€2,350,000 £1,946,529 £2,019,708 £73,179
Property Price € €2,350,000
Minimum cost in the last six months £1,946,529
Maximum cost in the last six months £2,019,708
Fluctuating exchange rates over the last six months could have increased the cost of this property by £73,179

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 £73,179 more.

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