Exceptional Villa with Stunning Sea Views

Lagos, Faro, Portugal, 8600-113

For Sale

€1,150,000

REF: 930849 €1,150,000


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Description

A rare opportunity in Praia da Luz! This fully renovated 4-bedroom villa in Ponta da Gaivota boasts stunning sea views, a private pool, solar panels, and versatile living spaces. Perfect for luxury living or as a high-yield investment. Contact us today for a viewing! This unique property in the prestigious Ponta da Gaivota development offers a rare opportunity to own a fully renovated villa almost twice the size of the average property in the area.

With breathtaking panoramic sea views, high-end finishes, and versatile living spaces, this villa is perfect for those seeking luxury, comfort, and investment potential. Key Features: Upstairs: Spacious Living Area: A bright and airy space with reversible air conditioning and a stylish pellet burner for year-round comfort. Designer Kitchen: Fully equipped with high-quality appliances, including a wine fridge, Bora induction cooktop, double fridge-freezer, and premium materials. Bedroom: 1 large en-suite bedroom with modern finishes and direct access to the stunning terrace. Outdoor Living: Expansive terrace with a fully equipped outdoor kitchen, BBQ area, and electric awnings and shutters for added convenience. Luxury Touches: Double-glazed, high-quality windows, and an alarm system for security. Rear Terrace: A spacious and private area with storage ideal for creating a garden oasis or recreational space. Downstairs: Independent Living: Features 3 large en-suite bedrooms, each with its own charm and privacy. Modern Kitchen: Open-plan layout with an island, induction cooktop, and direct pool access. Outdoor Amenities: Heated pool (heat pump replacement needed), new terrace tiles, and an outdoor shower. Functional Spaces: Laundry area, guest toilet, and a separate entrance for added flexibility. Additional Features: 18 solar panels for energy efficiency. 500-liter solar water heating system. Covered entry and multiple terraces for seamless indoor-outdoor living. Low-cost utilities: electricity (220V) and affordable water rates. IMI property tax approx.

700/year; optional condominium fee of 30/month. Maintenance costs: 60/month for pool and 50/month for gardening. Why Choose This Property? Versatility: Two independent access points make it ideal for multi-family living or rental opportunities. Investment Potential: Excellent rental yield in one of the Algarve's most sought-after locations. Turnkey Ready: Renovated to the highest standards with furniture available for negotiation. Don t miss the chance to own this one-of-a-kind property in Praia da Luz. Contact us today to schedule your private viewing and explore the endless possibilities this exceptional villa offers!
A rare opportunity in Praia da Luz! This fully renovated 4-bedroom villa in Ponta da Gaivota boasts stunning sea views, a private pool, solar panels, and versatile living spaces. Perfect for luxury living or as a high-yield investment. Contact us today for a viewing! This unique property in the prestigious Ponta da Gaivota development offers a rare opportunity to own a fully renovated villa almost twice the size of the average property in the area.

With breathtaking panoramic sea views, high-end finishes, and versatile living spaces, this villa is perfect for those seeking luxury, comfort, and investment potential. Key Features: Upstairs: Spacious Living Area: A bright and airy space with reversible air conditioning and a stylish pellet burner for year-round comfort. Designer Kitchen: Fully equipped with high-quality appliances, including a wine fridge, Bora induction cooktop, double fridge-freezer, and premium materials. Bedroom: 1 large en-suite bedroom with modern finishes and direct access to the stunning terrace. Outdoor Living: Expansive terrace with a fully equipped outdoor kitchen, BBQ area, and electric awnings and shutters for added convenience. Luxury Touches: Double-glazed, high-quality windows, and an alarm system for security. Rear Terrace: A spacious and private area with storage ideal for creating a garden oasis or recreational space. Downstairs: Independent Living: Features 3 large en-suite bedrooms, each with its own charm and privacy. Modern Kitchen: Open-plan layout with an island, induction cooktop, and direct pool access. Outdoor Amenities: Heated pool (heat pump replacement needed), new terrace tiles, and an outdoor shower. Functional Spaces: Laundry area, guest toilet, and a separate entrance for added flexibility. Additional Features: 18 solar panels for energy efficiency. 500-liter solar water heating system. Covered entry and multiple terraces for seamless indoor-outdoor living. Low-cost utilities: electricity (220V) and affordable water rates. IMI property tax approx.

700/year; optional condominium fee of 30/month. Maintenance costs: 60/month for pool and 50/month for gardening. Why Choose This Property? Versatility: Two independent access points make it ideal for multi-family living or rental opportunities. Investment Potential: Excellent rental yield in one of the Algarve's most sought-after locations. Turnkey Ready: Renovated to the highest standards with furniture available for negotiation. Don t miss the chance to own this one-of-a-kind property in Praia da Luz. Contact us today to schedule your private viewing and explore the endless possibilities this exceptional villa offers!
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Property on Map

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Currency Exchange

Lagos, Faro, Portugal, 8600-113

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 €1,150,000 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
€1,150,000 £947,485 £998,304 £50,819
Property Price € €1,150,000
Minimum cost in the last six months £947,485
Maximum cost in the last six months £998,304
Fluctuating exchange rates over the last six months could have increased the cost of this property by £50,819

Lagos, Faro, Portugal, 8600-113

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 €1,150,000 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
€1,150,000 £947,485 £998,304 £50,819
Property Price € €1,150,000
Minimum cost in the last six months £947,485
Maximum cost in the last six months £998,304
Fluctuating exchange rates over the last six months could have increased the cost of this property by £50,819

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 £50,819 more.

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