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Elegant Townhouse with Ocean Views
Lagos, Faro, Portugal, 8600-163
REF: 902300
€595,000
Description
Beautifully restored townhouse within walking distance of the beach and all the amenities in the popular resort desination that is Praia da Luz. Step into this charming townhouse located in an elevated position in one of the most sought after areas along the Algarve coast, where history and modernity blend seamlessly.
This two-bedroom, two-bathroom lovingly restored property boasts a cosy atmosphere with a generous area of 108 m2 over two floors. Built in 1988 as part of a planned expansion for the first wave of holidaymakers this pretty terraced house exudes character and charm, perfect for those looking for a new place to call home.
There are two private patios one to the rear offering a shaded alternative to the lovely south facing sun terrace with plunge pool. There is a lovely balcony off the main living area on the first floor that is ideal for Al Fresco dining and taking in those marvelous ocean views.
With its convenient location close to the vibrant city of Lagos, this property is ideal for those seeking a blend of city living and relaxation by the coast. Praia da Luz has a wonderful beach with golden sands and plenty of great cafés, bars and restaurants.
Don't miss the opportunity to own this piece of real estate in this desirable area.
Contact us today to schedule a visit to this delightful townhouse!
Beautifully restored townhouse within walking distance of the beach and all the amenities in the popular resort desination that is Praia da Luz. Step into this charming townhouse located in an elevated position in one of the most sought after areas along the Algarve coast, where history and modernity blend seamlessly.
This two-bedroom, two-bathroom lovingly restored property boasts a cosy atmosphere with a generous area of 108 m2 over two floors. Built in 1988 as part of a planned expansion for the first wave of holidaymakers this pretty terraced house exudes character and charm, perfect for those looking for a new place to call home.
There are two private patios one to the rear offering a shaded alternative to the lovely south facing sun terrace with plunge pool. There is a lovely balcony off the main living area on the first floor that is ideal for Al Fresco dining and taking in those marvelous ocean views.
With its convenient location close to the vibrant city of Lagos, this property is ideal for those seeking a blend of city living and relaxation by the coast. Praia da Luz has a wonderful beach with golden sands and plenty of great cafés, bars and restaurants.
Don't miss the opportunity to own this piece of real estate in this desirable area.
Contact us today to schedule a visit to this delightful townhouse!
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Property on Map
Currency Exchange
Lagos, Faro, Portugal, 8600-163
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 €595,000 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 |
|---|---|---|---|
| €595,000 | £492,844 | £511,373 | £18,528 |
| Property Price € | €595,000 |
| Minimum cost in the last six months | £492,844 |
| Maximum cost in the last six months | £511,373 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,528 |
Lagos, Faro, Portugal, 8600-163
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 €595,000 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 |
|---|---|---|---|
| €595,000 | £492,844 | £511,373 | £18,528 |
| Property Price € | €595,000 |
| Minimum cost in the last six months | £492,844 |
| Maximum cost in the last six months | £511,373 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,528 |
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 £18,528 more.
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