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Contemporary luxury villa with sea views for sale in Praia da Luz, Lagos, Algarve
Lagos, Portugal
REF: 958662
€3,500,000
Description
Contemporary design, sea views, and walking distance to the beach and all amenities it s a dream on many wish lists, yet rarely found. This striking villa, perched on one of the best plots if not the best in a new central Praia da Luz development, is the realisation of that dream. Thoughtfully designed to blend sleek modern architecture with a Mediterranean feel, the villa features sun-drenched terraces, inner courtyards, and panoramic sea views from every room, stretching over Luz and the iconic Black Rock. On the ground floor, you re welcomed into a spacious entrance hall that leads into an open-plan living, dining, and kitchen area. Floor-to-ceiling sliding glass doors open fully to the south-facing garden and heated pool, creating a seamless indoor-outdoor lifestyle. The kitchen will be fitted with high-end appliances and sleek, contemporary design. Upstairs, all bedroom suites are generously proportioned, especially the master, and each is south-facing with direct access to the terrace and those breathtaking views. The basement level includes a private two-car garage, a laundry room, and additional space for storage or other flexible uses. This home will be delivered fully equipped with underfloor heating, air conditioning via a ducted vent system, electric blinds and gates, a heated pool with cover, solar panels, and a landscaped garden with automatic irrigation. While the overall design palette has been pre-selected, buyers still have the opportunity to customise the finishings and truly make the space their own. A rare find on the market beautifully located, brilliantly designed, and still offering the chance to add your personal touch, with completion expected within a year. An opportunity not to be missed.
Contemporary design, sea views, and walking distance to the beach and all amenities it s a dream on many wish lists, yet rarely found. This striking villa, perched on one of the best plots if not the best in a new central Praia da Luz development, is the realisation of that dream. Thoughtfully designed to blend sleek modern architecture with a Mediterranean feel, the villa features sun-drenched terraces, inner courtyards, and panoramic sea views from every room, stretching over Luz and the iconic Black Rock. On the ground floor, you re welcomed into a spacious entrance hall that leads into an open-plan living, dining, and kitchen area. Floor-to-ceiling sliding glass doors open fully to the south-facing garden and heated pool, creating a seamless indoor-outdoor lifestyle. The kitchen will be fitted with high-end appliances and sleek, contemporary design. Upstairs, all bedroom suites are generously proportioned, especially the master, and each is south-facing with direct access to the terrace and those breathtaking views. The basement level includes a private two-car garage, a laundry room, and additional space for storage or other flexible uses. This home will be delivered fully equipped with underfloor heating, air conditioning via a ducted vent system, electric blinds and gates, a heated pool with cover, solar panels, and a landscaped garden with automatic irrigation. While the overall design palette has been pre-selected, buyers still have the opportunity to customise the finishings and truly make the space their own. A rare find on the market beautifully located, brilliantly designed, and still offering the chance to add your personal touch, with completion expected within a year. An opportunity not to be missed.
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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 €3,500,000 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 |
|---|---|---|---|
| €3,500,000 | £2,883,650 | £3,038,315 | £154,665 |
| Property Price € | €3,500,000 |
| Minimum cost in the last six months | £2,883,650 |
| Maximum cost in the last six months | £3,038,315 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £154,665 |
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 €3,500,000 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 |
|---|---|---|---|
| €3,500,000 | £2,883,650 | £3,038,315 | £154,665 |
| Property Price € | €3,500,000 |
| Minimum cost in the last six months | £2,883,650 |
| Maximum cost in the last six months | £3,038,315 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £154,665 |
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 £154,665 more.
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