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This property consists of a 3+1 bedroom villa with a 75 m2 swimming pool and a 110 m2 carport, all within a plot of land with 11
Lagos, Algarve, Portugal, 8600-319
REF: 440006
€1,994,950
Description
This property consists of a 3+1 bedroom villa with a 75 m2 swimming pool and a 110 m2 carport, all within a plot of land with 11.680m2, completely fenced throughout.
All the areas are facing south and the large pool terrace, enjoying sun all day and stunning panoramic country side views that stretch to Lagos bay.
The accommodation is set in one level comprising a lounge and living area, a separate fully fitted kitchen with a dining area, a barbecue terrace, a laundry and a pantry. An east hallway leads to the 3 double bedrooms, all with an en-suite bathroom. The master bedroom has a walk-in closet. There is a further office that can be converted into a fourth bedroom and a guest's bathroom.
Further features should include: double glazing, solar panels, air conditioning, borehole and a landscaped garden.
This villa is under construction, with a prevision of being finalized late 2022.
This property consists of a 3+1 bedroom villa with a 75 m2 swimming pool and a 110 m2 carport, all within a plot of land with 11.680m2, completely fenced throughout.
All the areas are facing south and the large pool terrace, enjoying sun all day and stunning panoramic country side views that stretch to Lagos bay.
The accommodation is set in one level comprising a lounge and living area, a separate fully fitted kitchen with a dining area, a barbecue terrace, a laundry and a pantry. An east hallway leads to the 3 double bedrooms, all with an en-suite bathroom. The master bedroom has a walk-in closet. There is a further office that can be converted into a fourth bedroom and a guest's bathroom.
Further features should include: double glazing, solar panels, air conditioning, borehole and a landscaped garden.
This villa is under construction, with a prevision of being finalized late 2022.
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Currency Exchange
Lagos, Algarve, Portugal, 8600-319
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 €1,994,950 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 |
|---|---|---|---|
| €1,994,950 | £1,697,084 | £1,746,439 | £49,355 |
| Property Price € | €1,994,950 |
| Minimum cost in the last six months | £1,697,084 |
| Maximum cost in the last six months | £1,746,439 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £49,355 |
Lagos, Algarve, Portugal, 8600-319
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 €1,994,950 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 |
|---|---|---|---|
| €1,994,950 | £1,697,084 | £1,746,439 | £49,355 |
| Property Price € | €1,994,950 |
| Minimum cost in the last six months | £1,697,084 |
| Maximum cost in the last six months | £1,746,439 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £49,355 |
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 £49,355 more.
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