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Beautiful 6 bedroom Villa with 2 bedroom cottage in an idyllic countryside location close to Espiche and Praia da Luz
Lagos, Algarve, Portugal, 8600-114
REF: 933261
€850,000
Description
Beautiful 6 bedroom Villa with 2 bedroom cottage in an idyllic countryside location close to Espiche and Praia da Luz.
This beautiful 6 bedroom villa with a charming 2 bedroom cottage is located in an idyllic countryside location close to Espiche and Praia da Luz.
Situated on a plot of 5260m2, the estate offers immense potential as a family home or an investment opportunity.
Set over two levels with a desirable southwest orientation, the main villa is full of natural light, taking full advantage of the Algarve s stunning weather. The main living area features a wood-burning fireplace and an attached cozy snug, both opening onto a terrace with views of the lush surrounding gardens. The dining room is a standout feature, showcasing a stunning stained-glass dome, while the updated kitchen includes a utility room for added convenience.
The villa offers four main bedrooms. On the ground floor, there are three bedrooms, one of which has an ensuite and fitted wardrobes, while the other two are served by the family bathroom. Upstairs, there is a spacious double bedroom with an ensuite bathroom, as well as two additional smaller rooms that have been created as extra bedrooms, but could also work as small offices, or hobby spaces. There is a further bathroom to serve those rooms.
The villa is surrounded by lush gardens featuring a variety of exotic plants, such as Chinese orchids. There is also a large selection of fruit trees including pomegranate, orange, lemon, macadamia, fig, and peach. A large swimming pool, outdoor shower, and spacious terrace provide the perfect setting for relaxing or entertaining. There is also a double garage and ample parking.
This property also includes a separate building which is currently utilised as a 2-bedroom cottage. Along with the two bedrooms, there is a bathroom, kitchen, and a living and dining area. Outside, there is a deck with a BBQ area, as well as access to the pool. With a private entrance and separate gate, this building offers endless possibilities for use.
While the property would benefit from some renovation and updating, it presents incredible potential as a family home, a rental investment, or even a retreat. Its countryside charm, spacious layout, and proximity to local amenities make it a rare find in this sought-after area.
Viewing is highly recommended to fully appreciate this unique property and its potential.
Beautiful 6 bedroom Villa with 2 bedroom cottage in an idyllic countryside location close to Espiche and Praia da Luz.
This beautiful 6 bedroom villa with a charming 2 bedroom cottage is located in an idyllic countryside location close to Espiche and Praia da Luz.
Situated on a plot of 5260m2, the estate offers immense potential as a family home or an investment opportunity.
Set over two levels with a desirable southwest orientation, the main villa is full of natural light, taking full advantage of the Algarve s stunning weather. The main living area features a wood-burning fireplace and an attached cozy snug, both opening onto a terrace with views of the lush surrounding gardens. The dining room is a standout feature, showcasing a stunning stained-glass dome, while the updated kitchen includes a utility room for added convenience.
The villa offers four main bedrooms. On the ground floor, there are three bedrooms, one of which has an ensuite and fitted wardrobes, while the other two are served by the family bathroom. Upstairs, there is a spacious double bedroom with an ensuite bathroom, as well as two additional smaller rooms that have been created as extra bedrooms, but could also work as small offices, or hobby spaces. There is a further bathroom to serve those rooms.
The villa is surrounded by lush gardens featuring a variety of exotic plants, such as Chinese orchids. There is also a large selection of fruit trees including pomegranate, orange, lemon, macadamia, fig, and peach. A large swimming pool, outdoor shower, and spacious terrace provide the perfect setting for relaxing or entertaining. There is also a double garage and ample parking.
This property also includes a separate building which is currently utilised as a 2-bedroom cottage. Along with the two bedrooms, there is a bathroom, kitchen, and a living and dining area. Outside, there is a deck with a BBQ area, as well as access to the pool. With a private entrance and separate gate, this building offers endless possibilities for use.
While the property would benefit from some renovation and updating, it presents incredible potential as a family home, a rental investment, or even a retreat. Its countryside charm, spacious layout, and proximity to local amenities make it a rare find in this sought-after area.
Viewing is highly recommended to fully appreciate this unique property and its potential.
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Currency Exchange
Lagos, Algarve, Portugal, 8600-114
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 €850,000 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 |
|---|---|---|---|
| €850,000 | £700,315 | £720,885 | £20,570 |
| Property Price € | €850,000 |
| Minimum cost in the last six months | £700,315 |
| Maximum cost in the last six months | £720,885 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,570 |
Lagos, Algarve, Portugal, 8600-114
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 €850,000 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 |
|---|---|---|---|
| €850,000 | £700,315 | £720,885 | £20,570 |
| Property Price € | €850,000 |
| Minimum cost in the last six months | £700,315 |
| Maximum cost in the last six months | £720,885 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,570 |
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 £20,570 more.
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