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If you are looking to buy a house with an exclusive design, with unique details that make it very welcoming with 285m² on a plot of 485m², with 5 bedrooms, swimming pool with plenty of privacy located in a very quiet residential area where you can only hear the birds, but at the same time central ti
Lagos, Faro, Portugal
REF: 734081
€1,100,000
Description
If you are looking to buy a house with an exclusive design, with unique details that make it very welcoming with 285m² on a plot of 485m², with 5 bedrooms, swimming pool with plenty of privacy located in a very quiet residential area where you can only hear the birds, but at the same time central time, a short distance from the city center, from the Famous Marina of Lagos, with stunning views of both Monchique and the Sea, with excellent sun exposure, you have a unique opportunity here. This house is divided into three levels, it is in an excellent state of conservation, with a garden with almost non-existent maintenance, the entire land around the house has LED lighting, with tilting silo PVC windows, the house has a thermal insulation hood , which means there is no need for air conditioning, central vacuum, video intercom system, integrated sound system in almost every room in the house, solar panel system for water heating. On the ground floor there is a spacious entrance hall, which gives us access to a large kitchen with plenty of storage, a large dining space with panoramic views of the entire floor, we have a mezzanine that when you sit on it feels like you are in a chalet with a wonderful view over Monchique. A very spacious living room with a fireplace to relax on winter days. It also has a complete bathroom and two bedrooms, one of which is the master with a large built-in wardrobe and a spacious complete bathroom, we have direct access to the pool and barbecue area. On the first floor we have two bedrooms with built-in wardrobes and a complete bathroom and a balcony where we can see the sea, and we also have access to the terrace which has a 360º view, ideal for relaxing and enjoying the sun and the open view. In the basement we find the garage for two cars with automatic gate, laundry area and also the machinery area. We have an area with a complete bathroom, a bedroom and a large games room and living room that can be used in various ways. You can easily transform it into an apartment with separate entrances, make a profit and maintain your privacy. #ref: 104016
If you are looking to buy a house with an exclusive design, with unique details that make it very welcoming with 285m² on a plot of 485m², with 5 bedrooms, swimming pool with plenty of privacy located in a very quiet residential area where you can only hear the birds, but at the same time central time, a short distance from the city center, from the Famous Marina of Lagos, with stunning views of both Monchique and the Sea, with excellent sun exposure, you have a unique opportunity here. This house is divided into three levels, it is in an excellent state of conservation, with a garden with almost non-existent maintenance, the entire land around the house has LED lighting, with tilting silo PVC windows, the house has a thermal insulation hood , which means there is no need for air conditioning, central vacuum, video intercom system, integrated sound system in almost every room in the house, solar panel system for water heating. On the ground floor there is a spacious entrance hall, which gives us access to a large kitchen with plenty of storage, a large dining space with panoramic views of the entire floor, we have a mezzanine that when you sit on it feels like you are in a chalet with a wonderful view over Monchique. A very spacious living room with a fireplace to relax on winter days. It also has a complete bathroom and two bedrooms, one of which is the master with a large built-in wardrobe and a spacious complete bathroom, we have direct access to the pool and barbecue area. On the first floor we have two bedrooms with built-in wardrobes and a complete bathroom and a balcony where we can see the sea, and we also have access to the terrace which has a 360º view, ideal for relaxing and enjoying the sun and the open view. In the basement we find the garage for two cars with automatic gate, laundry area and also the machinery area. We have an area with a complete bathroom, a bedroom and a large games room and living room that can be used in various ways. You can easily transform it into an apartment with separate entrances, make a profit and maintain your privacy. #ref: 104016
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Currency Exchange
Lagos, Faro, 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 €1,100,000 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 |
|---|---|---|---|
| €1,100,000 | £935,759 | £964,194 | £28,435 |
| Property Price € | €1,100,000 |
| Minimum cost in the last six months | £935,759 |
| Maximum cost in the last six months | £964,194 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £28,435 |
Lagos, Faro, 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 €1,100,000 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 |
|---|---|---|---|
| €1,100,000 | £935,759 | £964,194 | £28,435 |
| Property Price € | €1,100,000 |
| Minimum cost in the last six months | £935,759 |
| Maximum cost in the last six months | £964,194 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £28,435 |
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 £28,435 more.
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