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Off-plan 2 bedroom apartments with an excellent location in Lagos
Ameijeira, Faro, Portugal
REF: 258533
€450,000
Description
Off-plan 2 bedroom apartments with an excellent location in Lagos. This is a development with high quality finishes, where comfort and safety are key elements of the project. So that you can fully enjoy the fantastic Algarve climate, the terrace at the top of the building has a swimming pool with automatic cover and pre-installation for water heating. The apartment has roughly 95sqm of interior area and a large 29sqm terrace. The kitchen, fully equipped with state-of-the-art appliances, is open plan to the living room, giving extra space to the social area of the house. The property also has two bedrooms (one en suite) and two bathrooms - one with a bathtub, the other with a shower tray. In the basement of the building you are entitled to an exclusive parking place. Located close to shops, services, private Hospital, schools and leisure areas, you have the essentials at your fingertips within walking distance, which is very convenient for day-to-day life in the beautiful city of Lagos. The stunning beaches of D. Ana, Pinhão, Camilo or Porto de Mós are just a 5-minute drive away. Features: - Equipped kitchen - Electric underfloor heating - Air conditioning - Solar panel - Central vacuum - Double glazing with aluminum frames with thermal break - Electric blinds - private parking space in the basement Completion scheduled for the last quarter of 2022.
Off-plan 2 bedroom apartments with an excellent location in Lagos. This is a development with high quality finishes, where comfort and safety are key elements of the project. So that you can fully enjoy the fantastic Algarve climate, the terrace at the top of the building has a swimming pool with automatic cover and pre-installation for water heating. The apartment has roughly 95sqm of interior area and a large 29sqm terrace. The kitchen, fully equipped with state-of-the-art appliances, is open plan to the living room, giving extra space to the social area of the house. The property also has two bedrooms (one en suite) and two bathrooms - one with a bathtub, the other with a shower tray. In the basement of the building you are entitled to an exclusive parking place. Located close to shops, services, private Hospital, schools and leisure areas, you have the essentials at your fingertips within walking distance, which is very convenient for day-to-day life in the beautiful city of Lagos. The stunning beaches of D. Ana, Pinhão, Camilo or Porto de Mós are just a 5-minute drive away. Features: - Equipped kitchen - Electric underfloor heating - Air conditioning - Solar panel - Central vacuum - Double glazing with aluminum frames with thermal break - Electric blinds - private parking space in the basement Completion scheduled for the last quarter of 2022.
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Currency Exchange
Ameijeira, 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 €450,000 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 |
|---|---|---|---|
| €450,000 | £372,740 | £386,753 | £14,013 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £372,740 |
| Maximum cost in the last six months | £386,753 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,013 |
Ameijeira, 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 €450,000 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 |
|---|---|---|---|
| €450,000 | £372,740 | £386,753 | £14,013 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £372,740 |
| Maximum cost in the last six months | £386,753 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,013 |
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 £14,013 more.
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