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Stunning Brand New Modern Villa in Lagos
Lagos, Portugal
REF: 593480
€1,490,000
Description
In a sought after location, close to the Porto de mos beach and all amenities, this amazing contemporary villa is a great opportunity not to miss. With its elegant fluid arquitectural lines and well thought design, this property is being built to the highest standard to ensure maximum comfort and tranquility. Perfectly distributed over three floors, on the ground floor you will have a fully fitted kitchen, living and dining room, office (that can be used as a fourth bedroom) and one bedroom. On the first floor, there will be 2 bedrooms, one of them being the spacious master, with almost 35m2. All of the bedrooms, including the office, have their own private bathroom and the property has several surrounding terraces perfect for enjoying the wonderful Algarvian weather and distant sea views. In addition, it has a very large basement consisting of a garage with space for at least 2 cars, storage room, laundry room and technical area. Some of the features of this incredible villa include underfloor heating, solar panels and pre-installation for air conditioning.
In a sought after location, close to the Porto de mos beach and all amenities, this amazing contemporary villa is a great opportunity not to miss. With its elegant fluid arquitectural lines and well thought design, this property is being built to the highest standard to ensure maximum comfort and tranquility. Perfectly distributed over three floors, on the ground floor you will have a fully fitted kitchen, living and dining room, office (that can be used as a fourth bedroom) and one bedroom. On the first floor, there will be 2 bedrooms, one of them being the spacious master, with almost 35m2. All of the bedrooms, including the office, have their own private bathroom and the property has several surrounding terraces perfect for enjoying the wonderful Algarvian weather and distant sea views. In addition, it has a very large basement consisting of a garage with space for at least 2 cars, storage room, laundry room and technical area. Some of the features of this incredible villa include underfloor heating, solar panels and pre-installation for air conditioning.
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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 €1,490,000 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 |
|---|---|---|---|
| €1,490,000 | £1,267,528 | £1,306,045 | £38,517 |
| Property Price € | €1,490,000 |
| Minimum cost in the last six months | £1,267,528 |
| Maximum cost in the last six months | £1,306,045 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £38,517 |
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 €1,490,000 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 |
|---|---|---|---|
| €1,490,000 | £1,267,528 | £1,306,045 | £38,517 |
| Property Price € | €1,490,000 |
| Minimum cost in the last six months | £1,267,528 |
| Maximum cost in the last six months | £1,306,045 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £38,517 |
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 £38,517 more.
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