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Apartment T4 with living room, kitchen, 4 bedrooms, 2 bathrooms
Lagoa, Faro, Portugal
REF: 258597
€725,000
Description
Apartment T4 with living room, kitchen, 4 bedrooms, 2 bathrooms. Garage Storage room Balconies with 160,44 sqm 'A new approach to urban life with open spaces and natural light' The building is located in a privileged area, right at the entrance to lagoa city centre, with easy access to the N125 road, just minutes from the motorway and the best beaches in the Algarve, opposite the bus station, banks, restaurants, schools and Public services. The architectural concept and plans of Atrium Lagoa are being developed by Studio Art, an architecture and design company known for its 'unique' projects carried out in Portugal and abroad. The design of the Atrium Lagoa will combine efficiency driven for example by the best energy standards, benefiting from its southern exposure, which offers a lifestyle with innovative outdoor features, with more than 2,100sqm of gardens, balconies, terraces, and to a terrace with fantastic views of the surrounding area to the coastal area. Main features: 7 floors with 52 apartments; 13 stores; 2 parking floors for 71 cars; 54 collections; Construction with high quality materials; Air conditioning, underfloor heating in bathrooms, solar panels and semi-equipped kitchens; T1 prices from: EUR164,000.00 T2 prices from: EUR166,000.00 T3 prices from: EUR192,000.00 T4 prices from: EUR465,000.00 T5 prices from: EUR745,000.00
Apartment T4 with living room, kitchen, 4 bedrooms, 2 bathrooms. Garage Storage room Balconies with 160,44 sqm 'A new approach to urban life with open spaces and natural light' The building is located in a privileged area, right at the entrance to lagoa city centre, with easy access to the N125 road, just minutes from the motorway and the best beaches in the Algarve, opposite the bus station, banks, restaurants, schools and Public services. The architectural concept and plans of Atrium Lagoa are being developed by Studio Art, an architecture and design company known for its 'unique' projects carried out in Portugal and abroad. The design of the Atrium Lagoa will combine efficiency driven for example by the best energy standards, benefiting from its southern exposure, which offers a lifestyle with innovative outdoor features, with more than 2,100sqm of gardens, balconies, terraces, and to a terrace with fantastic views of the surrounding area to the coastal area. Main features: 7 floors with 52 apartments; 13 stores; 2 parking floors for 71 cars; 54 collections; Construction with high quality materials; Air conditioning, underfloor heating in bathrooms, solar panels and semi-equipped kitchens; T1 prices from: EUR164,000.00 T2 prices from: EUR166,000.00 T3 prices from: EUR192,000.00 T4 prices from: EUR465,000.00 T5 prices from: EUR745,000.00
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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 €725,000 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 |
|---|---|---|---|
| €725,000 | £600,525 | £623,101 | £22,577 |
| Property Price € | €725,000 |
| Minimum cost in the last six months | £600,525 |
| Maximum cost in the last six months | £623,101 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £22,577 |
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 €725,000 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 |
|---|---|---|---|
| €725,000 | £600,525 | £623,101 | £22,577 |
| Property Price € | €725,000 |
| Minimum cost in the last six months | £600,525 |
| Maximum cost in the last six months | £623,101 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £22,577 |
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 £22,577 more.
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