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CONTEMPORARY DESIGN, HIGH STANDARDS, FANTASTIC SEA VIEWS, in LUZ - OFFPLAN
Lagos, Faro, Portugal
REF: 360613
€2,250,000
Description
off-plan; 4 beds; 4 baths; build area from 350 to 480sqm. Plots range from 1.011sqm to 1.326sqm; heated pool; garage; prices from 2,25m to 2,975m Uninterrupted sea views are what you can expect from Encosta da Luz along with 1st class eco-friendly construction, fantastic location, privacy and all amenities at hand!!!
Built under Passive House standards, adapted to the Algarve weather conditions, it uses the most advanced solar, water management and insulation technologies to reduce the cost of home ownership and create true eco-friendly living. Encosta da Luz , the first sustainable project in Praia da Luz, features eight contemporary luxurious homes with areas ranging between 350 and 480sqm. Plots range from 1.011 to 1.326sqm.
And varying in price depending on size chosen by purchasers.
Standard specifications include a private garden, outdoor terrace and private pool. Heated pools with automatic covers and jacuzzis are featured as standard in some villas and can be added as extras on others. A Smart energy management system with solar panels and battery banks is optional.
Encosta homes feature advanced materials and the latest in renewable energy management technologies to be self-powered and operational off-grid.
Passive-solar design
Thermal solar panels for water heating
Photovoltaic panels with battery banks
Gas grill
40m3 rainwater retention tank for landscape watering
Buying offplan is a plus with stage payments:
10.000 reservation, deductible on promissory contract
30% on signing of promissory contract
20% with beginning of construction
30% on conclusion of the structure
20% on completion deed
Several golf courses in the area. Luz has much to offer, beautiful beach with water sports, good restaurants and bars and all you need on a daily basis for a perfect holiday or permanent living! Lagos is a 5 minute drive.
Prices from 2.250m to 2,975m
COME FOR A VISIT. SEE FOR YOURSELF!!!
off-plan; 4 beds; 4 baths; build area from 350 to 480sqm. Plots range from 1.011sqm to 1.326sqm; heated pool; garage; prices from 2,25m to 2,975m Uninterrupted sea views are what you can expect from Encosta da Luz along with 1st class eco-friendly construction, fantastic location, privacy and all amenities at hand!!!
Built under Passive House standards, adapted to the Algarve weather conditions, it uses the most advanced solar, water management and insulation technologies to reduce the cost of home ownership and create true eco-friendly living. Encosta da Luz , the first sustainable project in Praia da Luz, features eight contemporary luxurious homes with areas ranging between 350 and 480sqm. Plots range from 1.011 to 1.326sqm.
And varying in price depending on size chosen by purchasers.
Standard specifications include a private garden, outdoor terrace and private pool. Heated pools with automatic covers and jacuzzis are featured as standard in some villas and can be added as extras on others. A Smart energy management system with solar panels and battery banks is optional.
Encosta homes feature advanced materials and the latest in renewable energy management technologies to be self-powered and operational off-grid.
Passive-solar design
Thermal solar panels for water heating
Photovoltaic panels with battery banks
Gas grill
40m3 rainwater retention tank for landscape watering
Buying offplan is a plus with stage payments:
10.000 reservation, deductible on promissory contract
30% on signing of promissory contract
20% with beginning of construction
30% on conclusion of the structure
20% on completion deed
Several golf courses in the area. Luz has much to offer, beautiful beach with water sports, good restaurants and bars and all you need on a daily basis for a perfect holiday or permanent living! Lagos is a 5 minute drive.
Prices from 2.250m to 2,975m
COME FOR A VISIT. SEE FOR YOURSELF!!!
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Property on Map
Currency Exchange
Lagos, Faro, 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 €2,250,000 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 |
|---|---|---|---|
| €2,250,000 | £1,914,053 | £1,969,718 | £55,665 |
| Property Price € | €2,250,000 |
| Minimum cost in the last six months | £1,914,053 |
| Maximum cost in the last six months | £1,969,718 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £55,665 |
Lagos, Faro, 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 €2,250,000 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 |
|---|---|---|---|
| €2,250,000 | £1,914,053 | £1,969,718 | £55,665 |
| Property Price € | €2,250,000 |
| Minimum cost in the last six months | £1,914,053 |
| Maximum cost in the last six months | £1,969,718 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £55,665 |
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 £55,665 more.
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