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Exquisite Luxury Estate with Sea Views for sale in Lagos near beaches and golf course in Algarve
Lagos, Portugal
REF: 921020
€5,200,000
Description
This exquisite property is a true masterpiece of traditional luxury, offering the perfect blend of classic design, high-end finishes, and modern functionality. Positioned on a large, private south-facing plot, it boasts panoramic views of Porto de M s and the surrounding city, providing a serene and tranquil environment. The property offers unparalleled peace while being just a short drive (or walk) away from the center and its amenities. The architectural design pays homage to traditional building styles, with stunning hipped rooflines, a central courtyard, and the use of quality materials like stone, solid wood, and clay brick. Handcrafted Santa Catarina tiles enhance the character, while modern features like under-floor heating, air conditioning, and solar panels provide comfort and efficiency. Upon entering, you are greeted by a spacious entrance hall, which leads to two elegant living rooms. A mezzanine area above contains two offices and a lounging space, which can easily be converted into extra sleeping accommodation if desired. To the right, the generous kitchen and dining area provide ample space for cooking and entertaining. The master bedroom is a private retreat, complete with a cozy fireplace and direct access to the garden. The master suite also includes a fully equipped SPA and gym, offering ultimate relaxation. The left side of the property features two large suites and a self-contained one-bedroom apartment, all with direct access to the garden and pool area through beautiful covered terraces. Outdoors, the property impresses with a large heated swimming pool surrounded by spacious terraces, offering complete privacy. There is also an outdoor kitchen and barbecue area, perfect for entertaining, as well as a mature garden nourished by a borehole system. The property is accessed via an elegant driveway, setting the tone for the luxury that awaits inside. This stunning residence is an ideal haven for those who appreciate the finest details of traditional luxury homes, and viewing is highly recommended to fully appreciate its beauty and uniqueness.
This exquisite property is a true masterpiece of traditional luxury, offering the perfect blend of classic design, high-end finishes, and modern functionality. Positioned on a large, private south-facing plot, it boasts panoramic views of Porto de M s and the surrounding city, providing a serene and tranquil environment. The property offers unparalleled peace while being just a short drive (or walk) away from the center and its amenities. The architectural design pays homage to traditional building styles, with stunning hipped rooflines, a central courtyard, and the use of quality materials like stone, solid wood, and clay brick. Handcrafted Santa Catarina tiles enhance the character, while modern features like under-floor heating, air conditioning, and solar panels provide comfort and efficiency. Upon entering, you are greeted by a spacious entrance hall, which leads to two elegant living rooms. A mezzanine area above contains two offices and a lounging space, which can easily be converted into extra sleeping accommodation if desired. To the right, the generous kitchen and dining area provide ample space for cooking and entertaining. The master bedroom is a private retreat, complete with a cozy fireplace and direct access to the garden. The master suite also includes a fully equipped SPA and gym, offering ultimate relaxation. The left side of the property features two large suites and a self-contained one-bedroom apartment, all with direct access to the garden and pool area through beautiful covered terraces. Outdoors, the property impresses with a large heated swimming pool surrounded by spacious terraces, offering complete privacy. There is also an outdoor kitchen and barbecue area, perfect for entertaining, as well as a mature garden nourished by a borehole system. The property is accessed via an elegant driveway, setting the tone for the luxury that awaits inside. This stunning residence is an ideal haven for those who appreciate the finest details of traditional luxury homes, and viewing is highly recommended to fully appreciate its beauty and uniqueness.
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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 €5,200,000 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 |
|---|---|---|---|
| €5,200,000 | £4,284,280 | £4,469,140 | £184,860 |
| Property Price € | €5,200,000 |
| Minimum cost in the last six months | £4,284,280 |
| Maximum cost in the last six months | £4,469,140 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £184,860 |
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 €5,200,000 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 |
|---|---|---|---|
| €5,200,000 | £4,284,280 | £4,469,140 | £184,860 |
| Property Price € | €5,200,000 |
| Minimum cost in the last six months | £4,284,280 |
| Maximum cost in the last six months | £4,469,140 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £184,860 |
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 £184,860 more.
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