House 4 Bedrooms Sale in Odi xere,Lagos

Lagos, Portugal

For Sale

€4,500,000

REF: 995731 €4,500,000


4


Description

Beautiful villa with phenomenal views over the lagoon of Alvor and the ocean.The location was carefully chosen for maximum views and accessibility.The house was built with maximum energy efficiency in mind. By focusing on insulation and eliminating thermal bridges, and relying on natural ventilation for internal air quality, and controlling solar gains and minimizing heat losses, the home is currently 95% self-sufficient.It is a fantastic house to accommodate a large family, but can also feel comfortable for a couple alone.On the ground floor (225m2) consists of a large open plan living room with dining area and designer fully kitchen, 2 spacious suites and a second lounge or family room with kitchenette, which can be used as a separate fitted apartment if required.On the first floor (115m2) is the large master bedroom with access to its own private terrace garden and a 3rd suite.The basement (240m2) offers ample parking space, storage rooms, technical rooms, laundry room and a storage room that could easily be used as a gym or home cinema.The deep heated pool flows into the 12x5 pool, both surrounded by wooden decking and to the side there is a fresh water pool with natural filtration.
Beautiful villa with phenomenal views over the lagoon of Alvor and the ocean.The location was carefully chosen for maximum views and accessibility.The house was built with maximum energy efficiency in mind. By focusing on insulation and eliminating thermal bridges, and relying on natural ventilation for internal air quality, and controlling solar gains and minimizing heat losses, the home is currently 95% self-sufficient.It is a fantastic house to accommodate a large family, but can also feel comfortable for a couple alone.On the ground floor (225m2) consists of a large open plan living room with dining area and designer fully kitchen, 2 spacious suites and a second lounge or family room with kitchenette, which can be used as a separate fitted apartment if required.On the first floor (115m2) is the large master bedroom with access to its own private terrace garden and a 3rd suite.The basement (240m2) offers ample parking space, storage rooms, technical rooms, laundry room and a storage room that could easily be used as a gym or home cinema.The deep heated pool flows into the 12x5 pool, both surrounded by wooden decking and to the side there is a fresh water pool with natural filtration.
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Property on Map

#VM1159A

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 €4,500,000 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
€4,500,000 £3,714,525 £3,906,405 £191,880
Property Price € €4,500,000
Minimum cost in the last six months £3,714,525
Maximum cost in the last six months £3,906,405
Fluctuating exchange rates over the last six months could have increased the cost of this property by £191,880

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 €4,500,000 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
€4,500,000 £3,714,525 £3,906,405 £191,880
Property Price € €4,500,000
Minimum cost in the last six months £3,714,525
Maximum cost in the last six months £3,906,405
Fluctuating exchange rates over the last six months could have increased the cost of this property by £191,880

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 £191,880 more.

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