Charming Renovated Townhouse with Sea Views in Praia da Luz

Lagos, Faro, Portugal, 8600-101

For Sale

€740,000

REF: 907282 €740,000


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Description

This fully renovated townhouse in Praia da Luz offers 3 bedrooms, sea views, a spacious rooftop terrace, and private parking. Perfectly located near shops and the beach, ideal for both investment or a permanent home. This exceptional townhouse, fully renovated in 2020/2021, offers a perfect coastal retreat just a few steps from the beach and located on one of Praia da Luz s most desirable streets.

Thoughtfully updated with attention to every detail, the property features a new roof, plumbing, electrical systems, walls, flooring, doors, windows, and built-in wardrobes. Modern comforts include solar panels, double-glazed windows, underfloor heating throughout (excluding the kitchen), and a welcoming fireplace in the living room. On the upper floor, the spacious open-plan living and dining area flows seamlessly into the contemporary kitchen, creating an ideal space for both everyday living and entertaining.

The living room boasts spectacular sea views, including a direct sightline to the iconic black rock that defines Praia da Luz. The real showstopper is the expansive rooftop terrace, perfect for hosting friends and family while enjoying panoramic views and the coastal breeze. The ground floor accommodates three generous bedrooms, two of which are en-suite.

The master bedroom features access to a shared south-facing terrace with the second bedroom, offering an ideal space for sunbathing or relaxing in the warmth of summer evenings. Additional features include private outdoor parking for one car and a location that places shops, restaurants, and essential services within easy reach. This beautifully renovated property presents an outstanding opportunity, whether as a permanent home or as a lucrative investment in one of the Algarve s most desirable locations.
This fully renovated townhouse in Praia da Luz offers 3 bedrooms, sea views, a spacious rooftop terrace, and private parking. Perfectly located near shops and the beach, ideal for both investment or a permanent home. This exceptional townhouse, fully renovated in 2020/2021, offers a perfect coastal retreat just a few steps from the beach and located on one of Praia da Luz s most desirable streets.

Thoughtfully updated with attention to every detail, the property features a new roof, plumbing, electrical systems, walls, flooring, doors, windows, and built-in wardrobes. Modern comforts include solar panels, double-glazed windows, underfloor heating throughout (excluding the kitchen), and a welcoming fireplace in the living room. On the upper floor, the spacious open-plan living and dining area flows seamlessly into the contemporary kitchen, creating an ideal space for both everyday living and entertaining.

The living room boasts spectacular sea views, including a direct sightline to the iconic black rock that defines Praia da Luz. The real showstopper is the expansive rooftop terrace, perfect for hosting friends and family while enjoying panoramic views and the coastal breeze. The ground floor accommodates three generous bedrooms, two of which are en-suite.

The master bedroom features access to a shared south-facing terrace with the second bedroom, offering an ideal space for sunbathing or relaxing in the warmth of summer evenings. Additional features include private outdoor parking for one car and a location that places shops, restaurants, and essential services within easy reach. This beautifully renovated property presents an outstanding opportunity, whether as a permanent home or as a lucrative investment in one of the Algarve s most desirable locations.
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Property on Map

#V1204

Currency Exchange

Lagos, Faro, Portugal, 8600-101

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 €740,000 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
€740,000 £612,949 £635,993 £23,044
Property Price € €740,000
Minimum cost in the last six months £612,949
Maximum cost in the last six months £635,993
Fluctuating exchange rates over the last six months could have increased the cost of this property by £23,044

Lagos, Faro, Portugal, 8600-101

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 €740,000 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
€740,000 £612,949 £635,993 £23,044
Property Price € €740,000
Minimum cost in the last six months £612,949
Maximum cost in the last six months £635,993
Fluctuating exchange rates over the last six months could have increased the cost of this property by £23,044

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 £23,044 more.

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