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Brand New Luxury Condominium with Sea View and Private Pool for sale in Praia da Luz, Algarve
Lagos, Portugal
REF: 919415
€1,350,000
Description
This brand new condominium in the heart of Praia da Luz, is now being built and will satisfy the requirements of many looking to live in this part of the world. Combining design excellence and the highest quality of construction with the practicality of a condominium walking distance to everything, whilst benefiting from beautiful sea views, this is a unique opportunity you may not want to overlook. 13 Townhouses circling beautifully landscaped gardens, each with its own basement with private parking and technical areas, it's own pool and private roof terrace with Jacuzzi and each with its own elevator shaft, connecting all floors. Designed with modern comfort in mind, the plans consist of open plan living spaces, 2 spacious suites and an office that can be used as a 3rd bedroom. All properties will come fitted under-floor heating, air conditioning, floor to ceiling windows and solar panels. The elevators are optional. The beach and centre, with it's varied comerce and hospitality, is just a short walk away. With prices starting at 1 350 000, do not miss the opportunity of selecting the best units at the best prices. Book your viewing today!
This brand new condominium in the heart of Praia da Luz, is now being built and will satisfy the requirements of many looking to live in this part of the world. Combining design excellence and the highest quality of construction with the practicality of a condominium walking distance to everything, whilst benefiting from beautiful sea views, this is a unique opportunity you may not want to overlook. 13 Townhouses circling beautifully landscaped gardens, each with its own basement with private parking and technical areas, it's own pool and private roof terrace with Jacuzzi and each with its own elevator shaft, connecting all floors. Designed with modern comfort in mind, the plans consist of open plan living spaces, 2 spacious suites and an office that can be used as a 3rd bedroom. All properties will come fitted under-floor heating, air conditioning, floor to ceiling windows and solar panels. The elevators are optional. The beach and centre, with it's varied comerce and hospitality, is just a short walk away. With prices starting at 1 350 000, do not miss the opportunity of selecting the best units at the best prices. Book your viewing today!
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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 €1,350,000 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 |
|---|---|---|---|
| €1,350,000 | £1,112,265 | £1,142,222 | £29,957 |
| Property Price € | €1,350,000 |
| Minimum cost in the last six months | £1,112,265 |
| Maximum cost in the last six months | £1,142,222 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £29,957 |
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 €1,350,000 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 |
|---|---|---|---|
| €1,350,000 | £1,112,265 | £1,142,222 | £29,957 |
| Property Price € | €1,350,000 |
| Minimum cost in the last six months | £1,112,265 |
| Maximum cost in the last six months | £1,142,222 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £29,957 |
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 £29,957 more.
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