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Modern Villa Near the Algarve s Most Beautiful Beaches
Lagoa, Faro, Portugal
REF: 975022
€4,900,000
Description
Located just a short walk from some of the Algarve s most stunning beaches, this modern villa perfectly blends functionality with refined elegance. Upon entering, you're welcomed into a spacious open-plan living and dining area of 78 m , highlighted by two impressive staircases and breathtaking sea views. Expansive panoramic windows open onto a large saltwater swimming pool and outdoor leisure zones, including a fully equipped kitchen. On the ground floor, there is a suite ideal for guests or added family convenience. Upstairs, you'll find four additional bedrooms (two en-suite) and two further bathrooms. All rooms feature private balconies with magnificent sea views and are fitted with LED and RGB lighting. The outdoor area is designed to offer truly unique experiences, featuring a multi-level heated saltwater pool, an outdoor kitchen with BBQ, a covered dining area with sound system, and a cozy lounge with an exterior fireplace. On the rooftop terrace, a private 64 m relaxation space awaits, complete with a jacuzzi and 360 panoramic views perfect for enjoying unforgettable sunsets. The property also includes a private gym on the lower floor, an additional room, and ample parking for multiple vehicles. Comfort is ensured year-round with underfloor heating, air conditioning in every room, home automation, and electric shutters. Energy Rating: A+ Plot Size: 2,290 m Gross Build Area: 494 m
Located just a short walk from some of the Algarve s most stunning beaches, this modern villa perfectly blends functionality with refined elegance. Upon entering, you're welcomed into a spacious open-plan living and dining area of 78 m , highlighted by two impressive staircases and breathtaking sea views. Expansive panoramic windows open onto a large saltwater swimming pool and outdoor leisure zones, including a fully equipped kitchen. On the ground floor, there is a suite ideal for guests or added family convenience. Upstairs, you'll find four additional bedrooms (two en-suite) and two further bathrooms. All rooms feature private balconies with magnificent sea views and are fitted with LED and RGB lighting. The outdoor area is designed to offer truly unique experiences, featuring a multi-level heated saltwater pool, an outdoor kitchen with BBQ, a covered dining area with sound system, and a cozy lounge with an exterior fireplace. On the rooftop terrace, a private 64 m relaxation space awaits, complete with a jacuzzi and 360 panoramic views perfect for enjoying unforgettable sunsets. The property also includes a private gym on the lower floor, an additional room, and ample parking for multiple vehicles. Comfort is ensured year-round with underfloor heating, air conditioning in every room, home automation, and electric shutters. Energy Rating: A+ Plot Size: 2,290 m Gross Build Area: 494 m
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Currency Exchange
Lagoa, 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 €4,900,000 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 |
|---|---|---|---|
| €4,900,000 | £4,044,705 | £4,289,068 | £244,363 |
| Property Price € | €4,900,000 |
| Minimum cost in the last six months | £4,044,705 |
| Maximum cost in the last six months | £4,289,068 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £244,363 |
Lagoa, 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 €4,900,000 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 |
|---|---|---|---|
| €4,900,000 | £4,044,705 | £4,289,068 | £244,363 |
| Property Price € | €4,900,000 |
| Minimum cost in the last six months | £4,044,705 |
| Maximum cost in the last six months | £4,289,068 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £244,363 |
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 £244,363 more.
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