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5 BEDROOM VILLA FOR SALE IN PRAIA DA LUZ
Lagos, Faro, Portugal, 8600-117
REF: 682006
€1,575,000
Description
Spectacular 5 bedroom villa for sale in Praia da Luz Spectacular villa of 5 bedrooms, 3 of them en suite, located in a quiet residential area of Monte Lemos with magnificent views over the Luz village and the sea. With the bedrooms located on the ground-floor,
on the 1st. Floor a very spacious lounge with lots of light, large kitchen, guest toilet and terraces. In the basement there is a garage with automatic gates, laundry, bathroom with shower, games room that can be transformed into an apartment with independent entrance.
With underfloor heating, air conditioning, electric towel rails, gas fireplace, integrated sound system, electric blinds, alarm system with video and outside a BBQ with kitchen, irrigation, heated pool, solar panels and jacuzzi. This property is worth a visit!
Spectacular 5 bedroom villa for sale in Praia da Luz Spectacular villa of 5 bedrooms, 3 of them en suite, located in a quiet residential area of Monte Lemos with magnificent views over the Luz village and the sea. With the bedrooms located on the ground-floor,
on the 1st. Floor a very spacious lounge with lots of light, large kitchen, guest toilet and terraces. In the basement there is a garage with automatic gates, laundry, bathroom with shower, games room that can be transformed into an apartment with independent entrance.
With underfloor heating, air conditioning, electric towel rails, gas fireplace, integrated sound system, electric blinds, alarm system with video and outside a BBQ with kitchen, irrigation, heated pool, solar panels and jacuzzi. This property is worth a visit!
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Currency Exchange
Lagos, Faro, Portugal, 8600-117
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 €1,575,000 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 |
|---|---|---|---|
| €1,575,000 | £1,339,837 | £1,380,551 | £40,714 |
| Property Price € | €1,575,000 |
| Minimum cost in the last six months | £1,339,837 |
| Maximum cost in the last six months | £1,380,551 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £40,714 |
Lagos, Faro, Portugal, 8600-117
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 €1,575,000 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 |
|---|---|---|---|
| €1,575,000 | £1,339,837 | £1,380,551 | £40,714 |
| Property Price € | €1,575,000 |
| Minimum cost in the last six months | £1,339,837 |
| Maximum cost in the last six months | £1,380,551 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £40,714 |
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 £40,714 more.
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