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House T3+1 Sell in Lagos (S o Sebasti o e Santa Maria),Lagos
Lagos, Portugal
REF: 811021
€2,500,000
Description
Villa T3+1 in Porto de M s, Lagos, AlgarveThis property consists of a plot of land with a villa, garage and pool under construction, in Porto de Mos urbanization, within 5 minutes drive to the nearest shops, town centre and the beaches.The villa is spread through 2 levels plus a basement comprising as follows:Ground floor: entry hallway leading to a living area, a dining room, a kitchen, 2 double bedrooms with ensuite bathrooms and a guest s toilet.Top floor: 2 double bedrooms with ensuite bathrooms. The main bedroom has a walk-in closet and a private terrace with over 27 m2.Basement: A large garage, a laundry and a toilet.The generous outdoor area offers a large terrace for the outdoor living with built-in BBQ and plenty of space for a lounge and dining areas. This extends to the large pool terrace and finally to the surrounding garden.From the living area terrace there is a staircase leading up to a roof terrace equipped with a bar, offering a lovely view of the neighborhood all the way to the sea.Further features include:Fully fitted kitchen and laundryAir conditioning system installedUnder floor heatingCentral vacuumAlarm systemDouble glazed windows with security laminated glassElectric window blinds and blackoutsThis is a fantastic opportunity to purchase a villa built to a high standard, with a combination of classic and contemporary styles, in the high end residential area of Porto de M s.
Villa T3+1 in Porto de M s, Lagos, AlgarveThis property consists of a plot of land with a villa, garage and pool under construction, in Porto de Mos urbanization, within 5 minutes drive to the nearest shops, town centre and the beaches.The villa is spread through 2 levels plus a basement comprising as follows:Ground floor: entry hallway leading to a living area, a dining room, a kitchen, 2 double bedrooms with ensuite bathrooms and a guest s toilet.Top floor: 2 double bedrooms with ensuite bathrooms. The main bedroom has a walk-in closet and a private terrace with over 27 m2.Basement: A large garage, a laundry and a toilet.The generous outdoor area offers a large terrace for the outdoor living with built-in BBQ and plenty of space for a lounge and dining areas. This extends to the large pool terrace and finally to the surrounding garden.From the living area terrace there is a staircase leading up to a roof terrace equipped with a bar, offering a lovely view of the neighborhood all the way to the sea.Further features include:Fully fitted kitchen and laundryAir conditioning system installedUnder floor heatingCentral vacuumAlarm systemDouble glazed windows with security laminated glassElectric window blinds and blackoutsThis is a fantastic opportunity to purchase a villa built to a high standard, with a combination of classic and contemporary styles, in the high end residential area of Porto de M s.
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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 €2,500,000 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 |
|---|---|---|---|
| €2,500,000 | £2,126,725 | £2,191,350 | £64,625 |
| Property Price € | €2,500,000 |
| Minimum cost in the last six months | £2,126,725 |
| Maximum cost in the last six months | £2,191,350 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £64,625 |
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 €2,500,000 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 |
|---|---|---|---|
| €2,500,000 | £2,126,725 | £2,191,350 | £64,625 |
| Property Price € | €2,500,000 |
| Minimum cost in the last six months | £2,126,725 |
| Maximum cost in the last six months | £2,191,350 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £64,625 |
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 £64,625 more.
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