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2 bedroom apartment of 99
Lagos, Faro, Portugal
REF: 318591
€500,000
Description
2 bedroom apartment of 99.40 m2 and 35.50 m2 of balconies, located on the ground floor, inserted in the Palm Residence condominium, construction that strives for quality and excellent finishes. Two bedrooms, one en suite, bathroom with shower base and column, wardrobe with matt white lacquered doors and melamine interior. Second WC with bath, column and guard. Open space kitchen equipped with Bosch appliances and large living room with access to a large terrace. Swimming pool at the top of the building, with automatic cover and pre-installation of heating. Garage with private parking space with an area of 17.70 m2. OTHER FEATURES - Electric underfloor heating - Samsung air conditioner - Solar panel - Central vacuum installed - Double glazing with aluminum frame with thermal break - Electric blinds - Interior doors lacquered in matt white - Careful landscape architecture around the building - Elevator Located in the beautiful city of Lagos, close to shops, services, schools, hospital and leisure facilities and just 5 min. by car from D. Ana, Pinhão, Camilo, Porto de Mós beaches and others. CONTACT FOR MORE INFORMATION #ref: 40076
2 bedroom apartment of 99.40 m2 and 35.50 m2 of balconies, located on the ground floor, inserted in the Palm Residence condominium, construction that strives for quality and excellent finishes. Two bedrooms, one en suite, bathroom with shower base and column, wardrobe with matt white lacquered doors and melamine interior. Second WC with bath, column and guard. Open space kitchen equipped with Bosch appliances and large living room with access to a large terrace. Swimming pool at the top of the building, with automatic cover and pre-installation of heating. Garage with private parking space with an area of 17.70 m2. OTHER FEATURES - Electric underfloor heating - Samsung air conditioner - Solar panel - Central vacuum installed - Double glazing with aluminum frame with thermal break - Electric blinds - Interior doors lacquered in matt white - Careful landscape architecture around the building - Elevator Located in the beautiful city of Lagos, close to shops, services, schools, hospital and leisure facilities and just 5 min. by car from D. Ana, Pinhão, Camilo, Porto de Mós beaches and others. CONTACT FOR MORE INFORMATION #ref: 40076
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Currency Exchange
Lagos, 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 €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 |
|---|---|---|---|
| €500,000 | £414,155 | £429,725 | £15,570 |
| Property Price € | €500,000 |
| Minimum cost in the last six months | £414,155 |
| Maximum cost in the last six months | £429,725 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,570 |
Lagos, 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 €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 |
|---|---|---|---|
| €500,000 | £414,155 | £429,725 | £15,570 |
| Property Price € | €500,000 |
| Minimum cost in the last six months | £414,155 |
| Maximum cost in the last six months | £429,725 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,570 |
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 £15,570 more.
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