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This spacious and thoughtfully renovated home offers modern comfort and versatility, perfect for family living or a rental investment
Lagos, Algarve, Portugal, 8600-531
REF: 905829
€649,000
Description
This spacious and thoughtfully renovated home offers modern comfort and versatility, perfect for family living or a rental investment. With a major renovation finished in 2024 and original construction in 2010, this home might well be one of the more comfortable homes in Lagos.
Upon entry, you re greeted by a large, open-plan living area leading seamlessly into a fully equipped kitchen and dining space. Sliding doors open to a private oasis a beautifully designed outdoor area with a BBQ, dining area, outdoor shower, and retractable sunshades, ideal for sunny days and al fresco entertaining. This level also includes a guest bathroom with shower.
On the first floor, you ll find three well-appointed bedrooms, including a master with an en-suite bathroom, plus a family bathroom. A versatile terrace currently serves as an outdoor gym but can easily transform into an additional seating area for sunset views.
A staircase leads to a spacious roof terrace with breathtaking views of the Monchique mountains perfect for relaxation or entertaining.
The basement level houses a self-contained apartment with a fully fitted kitchen, living area, large bedroom with en-suite bathroom. The basement also includes a 15M2 garage with a 3M long working bench, ideal for hobbies or small workshop. With its own separate entrance, this space is ideal for guests or potential rental income.
Additional features include; underfloor (water based) heating and cooling at both floors, fan coil air conditioning throughout, double glazing, exterior insulation, solar water panels with 300L storage and electric shutters for enhanced comfort and security.
This property must be seen to be fully appreciated. It s move-in ready, spacious, and ideal for a variety of lifestyles your dream home awaits!
This spacious and thoughtfully renovated home offers modern comfort and versatility, perfect for family living or a rental investment. With a major renovation finished in 2024 and original construction in 2010, this home might well be one of the more comfortable homes in Lagos.
Upon entry, you re greeted by a large, open-plan living area leading seamlessly into a fully equipped kitchen and dining space. Sliding doors open to a private oasis a beautifully designed outdoor area with a BBQ, dining area, outdoor shower, and retractable sunshades, ideal for sunny days and al fresco entertaining. This level also includes a guest bathroom with shower.
On the first floor, you ll find three well-appointed bedrooms, including a master with an en-suite bathroom, plus a family bathroom. A versatile terrace currently serves as an outdoor gym but can easily transform into an additional seating area for sunset views.
A staircase leads to a spacious roof terrace with breathtaking views of the Monchique mountains perfect for relaxation or entertaining.
The basement level houses a self-contained apartment with a fully fitted kitchen, living area, large bedroom with en-suite bathroom. The basement also includes a 15M2 garage with a 3M long working bench, ideal for hobbies or small workshop. With its own separate entrance, this space is ideal for guests or potential rental income.
Additional features include; underfloor (water based) heating and cooling at both floors, fan coil air conditioning throughout, double glazing, exterior insulation, solar water panels with 300L storage and electric shutters for enhanced comfort and security.
This property must be seen to be fully appreciated. It s move-in ready, spacious, and ideal for a variety of lifestyles your dream home awaits!
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Currency Exchange
Lagos, Algarve, Portugal, 8600-531
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 €649,000 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 |
|---|---|---|---|
| €649,000 | £537,573 | £557,783 | £20,210 |
| Property Price € | €649,000 |
| Minimum cost in the last six months | £537,573 |
| Maximum cost in the last six months | £557,783 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,210 |
Lagos, Algarve, Portugal, 8600-531
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 €649,000 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 |
|---|---|---|---|
| €649,000 | £537,573 | £557,783 | £20,210 |
| Property Price € | €649,000 |
| Minimum cost in the last six months | £537,573 |
| Maximum cost in the last six months | £557,783 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,210 |
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 £20,210 more.
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