This luxurious newly constructed villa is located in a very peaceful and private location between Boavista Golf Resort and the Atlantic coast

Lagos, Algarve, Portugal, 8600-281

For Sale

€3,800,000

£3,257,329
REF: 596217 €3,800,000

5

5


434 m2

2607 m2

Description

This luxurious newly constructed villa is located in a very peaceful and private location between Boavista Golf Resort and the Atlantic coast. The property is set in a 2607m2 plot, and has been built to an exceptional standard by one of the best builders in the area, with luxury finishes throughout. The boundaries of the plot are walled, and access is through an electric gate and a calçada drive which leads to the villa.

On the ground floor, a double height entrance leads through to an open plan living, dining and kitchen area. Sliding windows open onto a spacious covered area, with a kitchen which overlooks the large swimming pool and low maintenance gardens - the perfect place for entertaining and outdoor living.

Also on this level is an office area and a guest annex which has 2 bedrooms and a bathroom. Stairs lead up to the first floor of the property where you ll find the master bedroom with walk-in closet and private en-suite bathroom. There are a further 2 en-suite bedrooms on this level. All bedrooms have stunning sea views and access to a large balcony. In the basement there is a large gym room with sliding doors and natural light, a cinema room with its own bar area, a laundry, storage room, and another area that could be used as a wine cellar.

The control room for the heating system of the house and the water is also on this level. The property has a huge garage with 2 electric doors, and a separate covered bay which is perfect as a car washing area. The villa has underfloor heating throughout, as well as cooling vents via a heat source pump.

There are also solar panels for hot water, and any excess that is produced heats up the pool. A photovoltaic system covers all energy consumption during the day. The property has electric thermal shutters throughout with individual and central controls. The outside walls are insulated, and the inside walls are lined, which makes it a very efficient and extremely well insulated property.

There is a CCTV security facility installed with motion sensors and external lights, as well as an alarm system. Every detail has been thought of in this villa, which provides a high standard of design and all the comfort and quality you would want. For those who appreciate luxury and style, this home is not to be missed!
This luxurious newly constructed villa is located in a very peaceful and private location between Boavista Golf Resort and the Atlantic coast. The property is set in a 2607m2 plot, and has been built to an exceptional standard by one of the best builders in the area, with luxury finishes throughout. The boundaries of the plot are walled, and access is through an electric gate and a calçada drive which leads to the villa.

On the ground floor, a double height entrance leads through to an open plan living, dining and kitchen area. Sliding windows open onto a spacious covered area, with a kitchen which overlooks the large swimming pool and low maintenance gardens - the perfect place for entertaining and outdoor living.

Also on this level is an office area and a guest annex which has 2 bedrooms and a bathroom. Stairs lead up to the first floor of the property where you ll find the master bedroom with walk-in closet and private en-suite bathroom. There are a further 2 en-suite bedrooms on this level. All bedrooms have stunning sea views and access to a large balcony. In the basement there is a large gym room with sliding doors and natural light, a cinema room with its own bar area, a laundry, storage room, and another area that could be used as a wine cellar.

The control room for the heating system of the house and the water is also on this level. The property has a huge garage with 2 electric doors, and a separate covered bay which is perfect as a car washing area. The villa has underfloor heating throughout, as well as cooling vents via a heat source pump.

There are also solar panels for hot water, and any excess that is produced heats up the pool. A photovoltaic system covers all energy consumption during the day. The property has electric thermal shutters throughout with individual and central controls. The outside walls are insulated, and the inside walls are lined, which makes it a very efficient and extremely well insulated property.

There is a CCTV security facility installed with motion sensors and external lights, as well as an alarm system. Every detail has been thought of in this villa, which provides a high standard of design and all the comfort and quality you would want. For those who appreciate luxury and style, this home is not to be missed!
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Currency Exchange

Lagos, Algarve, Portugal, 8600-281

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 €3,800,000 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
€3,800,000 £3,232,622 £3,330,662 £98,040
Property Price € €3,800,000
Minimum cost in the last six months £3,232,622
Maximum cost in the last six months £3,330,662
Fluctuating exchange rates over the last six months could have increased the cost of this property by £98,040

Lagos, Algarve, Portugal, 8600-281

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 €3,800,000 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
€3,800,000 £3,232,622 £3,330,662 £98,040
Property Price € €3,800,000
Minimum cost in the last six months £3,232,622
Maximum cost in the last six months £3,330,662
Fluctuating exchange rates over the last six months could have increased the cost of this property by £98,040

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 £98,040 more.

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