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Luxury contemporary villa with sea views for sale in Luz, Lagos, Algarve
Lagos, Portugal
REF: 958661
€3,200,000
Description
Imagine a brand new, beautifully designed contemporary villa, overlooking Praia da Luz, with everything within walking distance, and stunning sea views from every room. Well you have to imagine it for long, as construction is moving swiftly, with completion due in under a year. Perched on one of the best plots, in the new development in central Praia da Luz, this property offers fantastic sea views from the ground floor level as well as the first floor. You enter at ground floor level in to a welcoming entrance hall, and then trough to the spacious open plan living and dining area, with direct access through floor to ceiling sliding doors on to the south facing pool and garden. The kitchen, will be modern and fully equipped, open plan with the dining area. On the first floor you have three spacious suites, especially the master, all of which south facing and benefiting from the terrace and the views. Below, the basement holds two parking spaces, the laundry room and an extra technical area. The property will come fully fitted with under-floor heating and air cooling through vent system, electric blinds and electric gates, and the garden will be fully landscaped with automatic irrigation. All though the mood of the finishings has been pre-selected, at this time buyers my still influence the choice of materials. A beautiful property in a beautiful position, an oportunity to not be missed.
Imagine a brand new, beautifully designed contemporary villa, overlooking Praia da Luz, with everything within walking distance, and stunning sea views from every room. Well you have to imagine it for long, as construction is moving swiftly, with completion due in under a year. Perched on one of the best plots, in the new development in central Praia da Luz, this property offers fantastic sea views from the ground floor level as well as the first floor. You enter at ground floor level in to a welcoming entrance hall, and then trough to the spacious open plan living and dining area, with direct access through floor to ceiling sliding doors on to the south facing pool and garden. The kitchen, will be modern and fully equipped, open plan with the dining area. On the first floor you have three spacious suites, especially the master, all of which south facing and benefiting from the terrace and the views. Below, the basement holds two parking spaces, the laundry room and an extra technical area. The property will come fully fitted with under-floor heating and air cooling through vent system, electric blinds and electric gates, and the garden will be fully landscaped with automatic irrigation. All though the mood of the finishings has been pre-selected, at this time buyers my still influence the choice of materials. A beautiful property in a beautiful position, an oportunity to not be missed.
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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 €3,200,000 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 |
|---|---|---|---|
| €3,200,000 | £2,636,480 | £2,777,888 | £141,408 |
| Property Price € | €3,200,000 |
| Minimum cost in the last six months | £2,636,480 |
| Maximum cost in the last six months | £2,777,888 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £141,408 |
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 €3,200,000 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 |
|---|---|---|---|
| €3,200,000 | £2,636,480 | £2,777,888 | £141,408 |
| Property Price € | €3,200,000 |
| Minimum cost in the last six months | £2,636,480 |
| Maximum cost in the last six months | £2,777,888 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £141,408 |
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 £141,408 more.
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