This delightful 5 bedroom villa has a welcoming feel that invites you in. Conveniently situated in the pretty village of Praia da Luz, this property benefits from being close to the beach and the amenities of Luz, as well as being only a few minutes' drive from the historic town of Lagos and the areas' many golf courses.
Recently updated, this villa has a lot of charm. The lounge is spacious and airy and features a working fireplace and patio doors leading to the pool and garden. There is also a separate dining room, which also has patio doors leading outside, as well as direct access to the kitchen. The kitchen is modern and well equipped. There is also a separate laundry room.
There are five good sized double bedrooms in this villa, all of which are en-suite. Three of them also have patio doors and direct access to the pool and gardens.
Outside, you will discover a south facing sun terrace and a beautiful kidney shaped pool. Stairs take you up to the roof terrace and its fabulous views of Luz and the sea. The gardens are mature, with established plants and palms and a neatly manicured lawn.
The property comes equipped with double glazing, central heating and solar panels.
This villa would make a fantastic family home. But its ideal location would also make it a wonderful holiday home and there would be plenty of opportunity to maximise rental income through holiday lets.
http://www.portugalproperty.com Ref: PPSS1314
* Swimming pool
* 5 bedrooms
* 5 bathrooms
* Air conditioning
* Features great views
* Sea view
* Near bars/restaurants
* Near schools
* Near shops
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House Praia Da Luz, Algarve
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 €550,000 property cost you?
|Property Price €
||Minimum cost in the last six months
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||Fluctuating exchange rates over the last six months could have increased the cost of this property by
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 £42,108 more.
And then you have the additional saving from their better than bank rates - 1% on the minimum property cost above is a saving of £4,730.
Can you afford to lose £46,838?