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Renovated Farmhouse with Pool & Tennis Court for sale Lagos Meia Praia, Algarve
Lagos, Portugal
REF: 940369
€1,495,000
Description
A stunning Portuguese Quinta in one of Lagos' most desirable rural locations south of the EN125, bordering the prestigious Palmares Golf Course and overlooking the breathtaking Meia Praia coastline and Vale da Lama Estuary. Despite its serene setting, all amenities are just a few minutes away by car. Beautifully positioned on two adjoining plots, this fully renovated farmhouse seamlessly blends traditional charm with modern comfort. The renovation has preserved authentic Portuguese features while incorporating contemporary conveniences such as air conditioning throughout, double glazing, and solar water heating for both domestic use and the pool. The property offers exceptional space, inside and out. On the ground floor, a spacious lounge with a fireplace flows into a bright, open-plan dining area and a fully fitted kitchen. This level also includes three double bedrooms one en-suite and a family bathroom. Upstairs, the impressive master suite, converted from two original bedrooms, offers a generous retreat with access to a large south-facing terrace boasting panoramic countryside views. An additional room serves as an office or fifth bedroom. A charming inner courtyard leads to a separate guest annex with a well-sized en-suite bedroom. Additional features include a laundry room, garage, and a quaint garden shed at the property s edge. The extensive grounds are impeccably maintained, offering abundant leisure and entertainment spaces. A vast lawn surrounds the pool, complemented by a tennis court, additional landscaped areas, and a picturesque palm orchard. The fully fenced, flat terrain makes this property ideal for horse owners, with spectacular riding trails in the surrounding countryside. Garden irrigation is affordably maintained through canal water supply. A rare gem in the Western Algarve, this Quinta offers an unparalleled combination of privacy, luxury, and traditional charm best appreciated with a personal visit.
A stunning Portuguese Quinta in one of Lagos' most desirable rural locations south of the EN125, bordering the prestigious Palmares Golf Course and overlooking the breathtaking Meia Praia coastline and Vale da Lama Estuary. Despite its serene setting, all amenities are just a few minutes away by car. Beautifully positioned on two adjoining plots, this fully renovated farmhouse seamlessly blends traditional charm with modern comfort. The renovation has preserved authentic Portuguese features while incorporating contemporary conveniences such as air conditioning throughout, double glazing, and solar water heating for both domestic use and the pool. The property offers exceptional space, inside and out. On the ground floor, a spacious lounge with a fireplace flows into a bright, open-plan dining area and a fully fitted kitchen. This level also includes three double bedrooms one en-suite and a family bathroom. Upstairs, the impressive master suite, converted from two original bedrooms, offers a generous retreat with access to a large south-facing terrace boasting panoramic countryside views. An additional room serves as an office or fifth bedroom. A charming inner courtyard leads to a separate guest annex with a well-sized en-suite bedroom. Additional features include a laundry room, garage, and a quaint garden shed at the property s edge. The extensive grounds are impeccably maintained, offering abundant leisure and entertainment spaces. A vast lawn surrounds the pool, complemented by a tennis court, additional landscaped areas, and a picturesque palm orchard. The fully fenced, flat terrain makes this property ideal for horse owners, with spectacular riding trails in the surrounding countryside. Garden irrigation is affordably maintained through canal water supply. A rare gem in the Western Algarve, this Quinta offers an unparalleled combination of privacy, luxury, and traditional charm best appreciated with a personal visit.
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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 €1,495,000 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 |
|---|---|---|---|
| €1,495,000 | £1,231,731 | £1,297,795 | £66,064 |
| Property Price € | €1,495,000 |
| Minimum cost in the last six months | £1,231,731 |
| Maximum cost in the last six months | £1,297,795 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £66,064 |
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 €1,495,000 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 |
|---|---|---|---|
| €1,495,000 | £1,231,731 | £1,297,795 | £66,064 |
| Property Price € | €1,495,000 |
| Minimum cost in the last six months | £1,231,731 |
| Maximum cost in the last six months | £1,297,795 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £66,064 |
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 £66,064 more.
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