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Off-Plan Luxury Contemporary Villa with sea views for Sale in Praia da Luz
Lagos, Portugal
REF: 698488
€2,975,000
Description
This is a unique opportunity to acquire a luxury contemporary villa in Praia da Luz that is yet to be built. By purchasing now, you have the advantage of being able to influence the choice of finishings and equipment, customizing the property to your personal preferences and tastes. The villa will be designed by one of the leading architects in the Algarve, ensuring a high standard of architectural excellence. The future villa will enjoy a coveted south-facing position, capturing breathtaking views of the town and the mesmerizing sea. The architectural design will prioritize open-plan living spaces, maximizing natural light and creating a seamless flow throughout the property. The spacious rooms will all feature en-suite bathrooms, providing privacy and comfort for residents and guests. With your input, the villa can be tailored to meet your specific requirements. You will have the opportunity to select luxury finishes and top-of-the-line equipment, ensuring the highest quality and creating a truly bespoke living experience. Additionally, the villa will include a garage for two cars, along with other technical areas for added convenience. Don't miss this chance to secure a future luxury villa in Praia da Luz, where you can actively participate in the design process and create a home that reflects your unique style and preferences. Embrace the opportunity to shape your dream residence in this sought-after location and enjoy the ultimate in luxury living on the beautiful Algarve coast.
This is a unique opportunity to acquire a luxury contemporary villa in Praia da Luz that is yet to be built. By purchasing now, you have the advantage of being able to influence the choice of finishings and equipment, customizing the property to your personal preferences and tastes. The villa will be designed by one of the leading architects in the Algarve, ensuring a high standard of architectural excellence. The future villa will enjoy a coveted south-facing position, capturing breathtaking views of the town and the mesmerizing sea. The architectural design will prioritize open-plan living spaces, maximizing natural light and creating a seamless flow throughout the property. The spacious rooms will all feature en-suite bathrooms, providing privacy and comfort for residents and guests. With your input, the villa can be tailored to meet your specific requirements. You will have the opportunity to select luxury finishes and top-of-the-line equipment, ensuring the highest quality and creating a truly bespoke living experience. Additionally, the villa will include a garage for two cars, along with other technical areas for added convenience. Don't miss this chance to secure a future luxury villa in Praia da Luz, where you can actively participate in the design process and create a home that reflects your unique style and preferences. Embrace the opportunity to shape your dream residence in this sought-after location and enjoy the ultimate in luxury living on the beautiful Algarve coast.
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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 €2,975,000 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 |
|---|---|---|---|
| €2,975,000 | £2,530,803 | £2,607,707 | £76,904 |
| Property Price € | €2,975,000 |
| Minimum cost in the last six months | £2,530,803 |
| Maximum cost in the last six months | £2,607,707 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £76,904 |
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 €2,975,000 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 |
|---|---|---|---|
| €2,975,000 | £2,530,803 | £2,607,707 | £76,904 |
| Property Price € | €2,975,000 |
| Minimum cost in the last six months | £2,530,803 |
| Maximum cost in the last six months | £2,607,707 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £76,904 |
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 £76,904 more.
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