Exclusive Ocean Front Villa in Praia da Luz

Lagos, Faro, Portugal, 8600-179 Luz

For Sale

€2,300,000

REF: 929926 €2,300,000


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Description

This luxury front line property offers unobstructed views of the ocean, cliffs and the bay of Praia da Luz. Uniquely located beach front and stone throw away from the vibrant town with all its amenities, this property is the perfect beach retreat. This 4-bedroom, 5-bathroom home is thoughtfully designed across three floors, combining luxury with functionality. Ground Floor: The ground floor features a south-facing living area with floor-to-ceiling windows that frame ocean views and fill the space with natural light.

Glass doors open to a terrace, ideal for outdoor dining. This level also includes a spacious kitchen, a bedroom, and a full bathroom. First Floor: On the first floor, you ll find three generously sized bedrooms, each with its own ensuite bathroom. Two south-facing bedrooms have access to a terrace that overlooks the ocean and the pool, creating a peaceful retreat. Rooftop Terrace: The rooftop terrace includes an outdoor lounge and a jacuzzi, offering a private space to enjoy the surroundings. Basement Level: The basement includes a large bedroom with a lounge area and bathroom, with direct access to the garden and pool. This level also contains a garage for two cars and a storage area. Overview: With its luxury finishes and excellent location, this property is truly unique.
This luxury front line property offers unobstructed views of the ocean, cliffs and the bay of Praia da Luz. Uniquely located beach front and stone throw away from the vibrant town with all its amenities, this property is the perfect beach retreat. This 4-bedroom, 5-bathroom home is thoughtfully designed across three floors, combining luxury with functionality. Ground Floor: The ground floor features a south-facing living area with floor-to-ceiling windows that frame ocean views and fill the space with natural light.

Glass doors open to a terrace, ideal for outdoor dining. This level also includes a spacious kitchen, a bedroom, and a full bathroom. First Floor: On the first floor, you ll find three generously sized bedrooms, each with its own ensuite bathroom. Two south-facing bedrooms have access to a terrace that overlooks the ocean and the pool, creating a peaceful retreat. Rooftop Terrace: The rooftop terrace includes an outdoor lounge and a jacuzzi, offering a private space to enjoy the surroundings. Basement Level: The basement includes a large bedroom with a lounge area and bathroom, with direct access to the garden and pool. This level also contains a garage for two cars and a storage area. Overview: With its luxury finishes and excellent location, this property is truly unique.
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Property on Map

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Currency Exchange

Lagos, Faro, Portugal, 8600-179 Luz

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 €2,300,000 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
€2,300,000 £1,894,970 £1,950,630 £55,660
Property Price € €2,300,000
Minimum cost in the last six months £1,894,970
Maximum cost in the last six months £1,950,630
Fluctuating exchange rates over the last six months could have increased the cost of this property by £55,660

Lagos, Faro, Portugal, 8600-179 Luz

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 €2,300,000 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
€2,300,000 £1,894,970 £1,950,630 £55,660
Property Price € €2,300,000
Minimum cost in the last six months £1,894,970
Maximum cost in the last six months £1,950,630
Fluctuating exchange rates over the last six months could have increased the cost of this property by £55,660

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 £55,660 more.

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