In the heart of a residential area in Praia da Luz, we discover this magnificent two-story villa

Lagos, Portugal

For Sale

€965,000

REF: 741015 €965,000


3

3

2001

Description

In the heart of a residential area in Praia da Luz, we discover this magnificent two-story villa. The entrance hall directs us to the cozy open-plan living area, which consists of a dining room filled with natural light and a living room with a fireplace, perfect for relaxing on colder days. The fully-equipped kitchen is accessible from the living room and is adjacent to it.

There is a compact dining area and ample stowage space with a mini-bar. From the kitchen, we have access to a surprising additional living area with direct access, via large windows, to the terrace and barbecue area of the outdoor recreation area. The garden of the villa offers tranquilly and privacy.

On the first floor there is also a service bathroom, an office, a garage with an electric gate for one car, with extra storage space and a technical area. There is a covered outdoor space, and free space for a swimming pool or additional parking. The second floor is accessible via stairs, which lead to three bedrooms with natural light, of which two have balconies to appreciate the pleasant Algarve climate.

One bedroom has an en suite bathroom, and there is an additional bathroom for the other two bedrooms. The villa has its own unique characteristics, including central heating, solar panels for water heating and energy production (with one storage battery), and a wood-burning furnace. With a privileged location, it is 5 minutes from the town center and the beach.

It is also about an hour away from Faro International Airport. CHARACTERISTICS:Area: 578 m2 | 6 222 sq ftDeployment Area: 160 m2 | 1 722 sq ftBuilding Area: 184 m2 | 1 981 sq ftBedrooms: 3Bathrooms: 3Garage: 2Energy efficiency: DFEATURES:3 bedrooms Air conditioning Central heating Fireplace Fully equipped kitchen Barbecue Wood oven Garden Garage Internationally awarded, LUXIMOS Christie's presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage.

LUXIMOS Christie's is the exclusive affiliate of Christie s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal.

Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina. LIc AMI 9063
In the heart of a residential area in Praia da Luz, we discover this magnificent two-story villa. The entrance hall directs us to the cozy open-plan living area, which consists of a dining room filled with natural light and a living room with a fireplace, perfect for relaxing on colder days. The fully-equipped kitchen is accessible from the living room and is adjacent to it.

There is a compact dining area and ample stowage space with a mini-bar. From the kitchen, we have access to a surprising additional living area with direct access, via large windows, to the terrace and barbecue area of the outdoor recreation area. The garden of the villa offers tranquilly and privacy.

On the first floor there is also a service bathroom, an office, a garage with an electric gate for one car, with extra storage space and a technical area. There is a covered outdoor space, and free space for a swimming pool or additional parking. The second floor is accessible via stairs, which lead to three bedrooms with natural light, of which two have balconies to appreciate the pleasant Algarve climate.

One bedroom has an en suite bathroom, and there is an additional bathroom for the other two bedrooms. The villa has its own unique characteristics, including central heating, solar panels for water heating and energy production (with one storage battery), and a wood-burning furnace. With a privileged location, it is 5 minutes from the town center and the beach.

It is also about an hour away from Faro International Airport. CHARACTERISTICS:Area: 578 m2 | 6 222 sq ftDeployment Area: 160 m2 | 1 722 sq ftBuilding Area: 184 m2 | 1 981 sq ftBedrooms: 3Bathrooms: 3Garage: 2Energy efficiency: DFEATURES:3 bedrooms Air conditioning Central heating Fireplace Fully equipped kitchen Barbecue Wood oven Garden Garage Internationally awarded, LUXIMOS Christie's presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage.

LUXIMOS Christie's is the exclusive affiliate of Christie s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal.

Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina. LIc AMI 9063
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Property on Map

#2LS00076

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 €965,000 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
€965,000 £820,916 £845,861 £24,945
Property Price € €965,000
Minimum cost in the last six months £820,916
Maximum cost in the last six months £845,861
Fluctuating exchange rates over the last six months could have increased the cost of this property by £24,945

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 €965,000 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
€965,000 £820,916 £845,861 £24,945
Property Price € €965,000
Minimum cost in the last six months £820,916
Maximum cost in the last six months £845,861
Fluctuating exchange rates over the last six months could have increased the cost of this property by £24,945

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 £24,945 more.

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