This magnificent property, located in the countryside just a few minutes from the city of Lagos in the Algarve, invites you to moments of peace and tranquility

Lagos, Portugal

For Sale

€2,250,000

REF: 912460 €2,250,000


6

6


Description

This magnificent property, located in the countryside just a few minutes from the city of Lagos in the Algarve, invites you to moments of peace and tranquility. With more than 300 m², surrounded by a green area of 2 ha, this 6-bedroom house is an ideal investment for a personal retreat or for renting out.

Built in the 1980s, it was completely refurbished in 2011, in a project by renowned architect Mário Martins, where some of the traditional features of the Algarve were kept, adding a modern and minimalist touch, providing comfort, privacy and convenience. With a Mediterranean-style entrance, we are greeted by an entrance hall, which takes us to the social area of the house, with the living room flanked to the south by the lush garden and pool area, and on the opposite side by a pleasant terrace with a heated pergola, that can be used at any time of the year.

In this wing of the house we also have a large, modern and professional fully-equipped kitchen with the capacity to prepare meals for a large number of people. The bedrooms are deliberately set back from the social areas, with minimalist decor, individual entrances and a private terrace, offering greater privacy.

In the fantastic exterior of the villa, next to the swimming pool, as well as being surrounded by a lush garden, there is a dining area where you can cook with the stone oven. This property is ideal for those who value privacy and moments of leisure in contact with the surrounding nature in a private setting, for a large family, for example.

On the other hand, it is also an extremely interesting property as an investment, as it can be used in the short-term rental market or for organizing events. CHARACTERISTICS:Plot Area: 21 280 m2 | 229 056 sq ftArea: 359 m2 | 3 864 sq ftUseful area: 249 m2 | 2 677 sq ftDeployment Area: 275 m2 | 2 960 sq ftBuilding Area: 359 m2 | 3 864 sq ftBedrooms: 6Bathrooms: 6Energy efficiency: BFEATURES:Renovated 6 bedrooms Modern and equipped kitchen Swimming pool Garden Stone oven Internationally awarded, LUXIMOS Christie's presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage.

LUXIMOS Christie's is the exclusive affiliate of Christie s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal.

Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina. LIc AMI 9063
This magnificent property, located in the countryside just a few minutes from the city of Lagos in the Algarve, invites you to moments of peace and tranquility. With more than 300 m², surrounded by a green area of 2 ha, this 6-bedroom house is an ideal investment for a personal retreat or for renting out.

Built in the 1980s, it was completely refurbished in 2011, in a project by renowned architect Mário Martins, where some of the traditional features of the Algarve were kept, adding a modern and minimalist touch, providing comfort, privacy and convenience. With a Mediterranean-style entrance, we are greeted by an entrance hall, which takes us to the social area of the house, with the living room flanked to the south by the lush garden and pool area, and on the opposite side by a pleasant terrace with a heated pergola, that can be used at any time of the year.

In this wing of the house we also have a large, modern and professional fully-equipped kitchen with the capacity to prepare meals for a large number of people. The bedrooms are deliberately set back from the social areas, with minimalist decor, individual entrances and a private terrace, offering greater privacy.

In the fantastic exterior of the villa, next to the swimming pool, as well as being surrounded by a lush garden, there is a dining area where you can cook with the stone oven. This property is ideal for those who value privacy and moments of leisure in contact with the surrounding nature in a private setting, for a large family, for example.

On the other hand, it is also an extremely interesting property as an investment, as it can be used in the short-term rental market or for organizing events. CHARACTERISTICS:Plot Area: 21 280 m2 | 229 056 sq ftArea: 359 m2 | 3 864 sq ftUseful area: 249 m2 | 2 677 sq ftDeployment Area: 275 m2 | 2 960 sq ftBuilding Area: 359 m2 | 3 864 sq ftBedrooms: 6Bathrooms: 6Energy efficiency: BFEATURES:Renovated 6 bedrooms Modern and equipped kitchen Swimming pool Garden Stone oven Internationally awarded, LUXIMOS Christie's presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage.

LUXIMOS Christie's is the exclusive affiliate of Christie s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal.

Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina. LIc AMI 9063
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Property on Map

#2LS00155

Currency Exchange

Lagos, 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 €2,250,000 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
€2,250,000 £1,863,698 £1,933,763 £70,065
Property Price € €2,250,000
Minimum cost in the last six months £1,863,698
Maximum cost in the last six months £1,933,763
Fluctuating exchange rates over the last six months could have increased the cost of this property by £70,065

Lagos, 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 €2,250,000 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
€2,250,000 £1,863,698 £1,933,763 £70,065
Property Price € €2,250,000
Minimum cost in the last six months £1,863,698
Maximum cost in the last six months £1,933,763
Fluctuating exchange rates over the last six months could have increased the cost of this property by £70,065

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 £70,065 more.

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