Modern Village House

Lagos, Faro, Portugal, 8600-100

For Sale

€515,000

REF: 910819 €515,000


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Description

Fantastic modern village house built to a very high standard with exceptional levels of thermal comfort. Nestled in the typical Algarvian village of Espiche, close to Lagos and Luz, this beautiful villa is a rare find on the market. Perfectly situated on the edge of the edge of the village, this two-bedroom, two-bathroom property boasts a spacious living area of 166 square meters on a generous land area of 180 square meters.

The villa, built in 2020, exudes character and charm with its large bright open-plan living room, wood burner, and large balcony offering stunning views of the surrounding countryside. This meticulously maintained villa features modern amenities such as a garage which could be converted to a 3 bedroom, heating, air conditioning, and electric shutters.

The fully furnished interior includes a fully equipped kitchen with high-end appliances like a washing machine, dishwasher, refrigerator, and microwave. The property also benefits from solar heating for hot water, ensuring energy efficiency and a low environmental footprint. The whole property has been finished with an enevlope of insulation ensuirng that the property remains cool in Summer and warm in Winter. Conveniently located just a short distance from the beach, shops and markets, and golf course on the doorstep, this villa offers the perfect blend of tranquility and accessibility.

This property is truly a gem in the heart of south west Algarve. It would make a great permanant home, a lock up and leave or, an ideal holiday invetment. Don't miss the chance to make this prestigious villa your dream home. Contact us today to schedule a visit.
Fantastic modern village house built to a very high standard with exceptional levels of thermal comfort. Nestled in the typical Algarvian village of Espiche, close to Lagos and Luz, this beautiful villa is a rare find on the market. Perfectly situated on the edge of the edge of the village, this two-bedroom, two-bathroom property boasts a spacious living area of 166 square meters on a generous land area of 180 square meters.

The villa, built in 2020, exudes character and charm with its large bright open-plan living room, wood burner, and large balcony offering stunning views of the surrounding countryside. This meticulously maintained villa features modern amenities such as a garage which could be converted to a 3 bedroom, heating, air conditioning, and electric shutters.

The fully furnished interior includes a fully equipped kitchen with high-end appliances like a washing machine, dishwasher, refrigerator, and microwave. The property also benefits from solar heating for hot water, ensuring energy efficiency and a low environmental footprint. The whole property has been finished with an enevlope of insulation ensuirng that the property remains cool in Summer and warm in Winter. Conveniently located just a short distance from the beach, shops and markets, and golf course on the doorstep, this villa offers the perfect blend of tranquility and accessibility.

This property is truly a gem in the heart of south west Algarve. It would make a great permanant home, a lock up and leave or, an ideal holiday invetment. Don't miss the chance to make this prestigious villa your dream home. Contact us today to schedule a visit.
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Property on Map

#M/06127

Currency Exchange

Lagos, Faro, Portugal, 8600-100

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 €515,000 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
€515,000 £426,580 £442,617 £16,037
Property Price € €515,000
Minimum cost in the last six months £426,580
Maximum cost in the last six months £442,617
Fluctuating exchange rates over the last six months could have increased the cost of this property by £16,037

Lagos, Faro, Portugal, 8600-100

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 €515,000 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
€515,000 £426,580 £442,617 £16,037
Property Price € €515,000
Minimum cost in the last six months £426,580
Maximum cost in the last six months £442,617
Fluctuating exchange rates over the last six months could have increased the cost of this property by £16,037

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 £16,037 more.

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