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Luxurious Tranquil Residence with Spacious Grounds in Lagos
Lagos, Faro, Portugal, 8600-558
REF: 724161
€3,250,000
Description
Elegant 4 bedroom residence in Lagos, complete privacy, stunning views, pool & more. Detached single-family residence, nestled in complete privacy and serenity, located on the outskirts of the city of Lagos.
Set on a plot of 10.000 sq.m., a dwelling with a gross area of 337 sq.m. is ready to be totally refurbished, comprising a basement, ground floor, and first floor.
Regarding the spatial layout, the ground floor consists of an en-suite bedroom, a fully equipped kitchen, an open-plan dining room, a laundry room, and a restroom to support the social area.
On the first floor, there are three en-suite bedrooms, all with built-in wardrobes and direct access to terraces and balconies. The garage with space for two vehicles, storage rooms, and a technical area are situated in the basement.
Outside, you can indulge in various leisure spaces, such as the barbecue area with a dining section covered by a pergola, the pool area with a deck, and other harmonious corners.
Basking in ample natural light due to excellent sun exposure, this remarkable opportunity is ideally positioned. On one hand, it is still within the city of Lagos, surrounded by all the commerce, services, leisure spots, and cultural attractions of the city. On the other hand, it is nestled in a tranquil residential area that offers privacy and a peaceful reality, shielded from noise where bustling city life is not the defining factor.
Moreover, it's worth highlighting its proximity to iconic beaches such as Meia Praia, Batata Beach, Estudante Beach, Pinhão Beach, Dona Ana Beach, and Porto de Mós Beach. Additionally, it's within a short distance from the Palmares Ocean Living & Golf Course and the Boavista Golf & Spa Course.
Noteworthy is the quick accessibility to main roadways that places Lagos approximately forty-five minutes away from Faro International Airport.
Schedule your visit today.
Elegant 4 bedroom residence in Lagos, complete privacy, stunning views, pool & more. Detached single-family residence, nestled in complete privacy and serenity, located on the outskirts of the city of Lagos.
Set on a plot of 10.000 sq.m., a dwelling with a gross area of 337 sq.m. is ready to be totally refurbished, comprising a basement, ground floor, and first floor.
Regarding the spatial layout, the ground floor consists of an en-suite bedroom, a fully equipped kitchen, an open-plan dining room, a laundry room, and a restroom to support the social area.
On the first floor, there are three en-suite bedrooms, all with built-in wardrobes and direct access to terraces and balconies. The garage with space for two vehicles, storage rooms, and a technical area are situated in the basement.
Outside, you can indulge in various leisure spaces, such as the barbecue area with a dining section covered by a pergola, the pool area with a deck, and other harmonious corners.
Basking in ample natural light due to excellent sun exposure, this remarkable opportunity is ideally positioned. On one hand, it is still within the city of Lagos, surrounded by all the commerce, services, leisure spots, and cultural attractions of the city. On the other hand, it is nestled in a tranquil residential area that offers privacy and a peaceful reality, shielded from noise where bustling city life is not the defining factor.
Moreover, it's worth highlighting its proximity to iconic beaches such as Meia Praia, Batata Beach, Estudante Beach, Pinhão Beach, Dona Ana Beach, and Porto de Mós Beach. Additionally, it's within a short distance from the Palmares Ocean Living & Golf Course and the Boavista Golf & Spa Course.
Noteworthy is the quick accessibility to main roadways that places Lagos approximately forty-five minutes away from Faro International Airport.
Schedule your visit today.
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Property on Map
Currency Exchange
Lagos, Faro, Portugal, 8600-558
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 €3,250,000 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 |
|---|---|---|---|
| €3,250,000 | £2,764,743 | £2,848,755 | £84,013 |
| Property Price € | €3,250,000 |
| Minimum cost in the last six months | £2,764,743 |
| Maximum cost in the last six months | £2,848,755 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £84,013 |
Lagos, Faro, Portugal, 8600-558
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 €3,250,000 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 |
|---|---|---|---|
| €3,250,000 | £2,764,743 | £2,848,755 | £84,013 |
| Property Price € | €3,250,000 |
| Minimum cost in the last six months | £2,764,743 |
| Maximum cost in the last six months | £2,848,755 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £84,013 |
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 £84,013 more.
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