4 Bedroom apartment UNDER CONSTRUCTION, in luxury condominium next to lagos marina

Marina de Lagos, Faro, Portugal

For Sale

€750,000

REF: 343245 €750,000


4

2

145 m2

255 m2

Description

4 Bedroom apartment UNDER CONSTRUCTION, in luxury condominium next to lagos marina. View of the Marina and Rio. These apartments with luxury finishes have the following features: Smart home system, Energy Certification A+, heated floor, air conditioning, double glazing, central vacuum, electric blinds in all rooms, fiber optics, floor-to-ceiling windows, blank doors and wardrobes, balconies with glass railing.

Fully equipped kitchen with Bosch appliances. Communal swimming pool for adults and communal pool for children. Spa with Gym, Jacuzzi, Sauna, Bar/Lounge, Jacuzzi on the terrace. Private gardens throughout the Condominium. CONSTRUCTION COMPLETED IN JULY 2023. HISTORY OF LAGOS: Integrated in the prehistory of the south-west end of the Algarve, the area of the municipality of Lagos has been inhabited since backward times, as demonstrated by several archaeological stations.

The primitive name of the city - Lacohriga - points to a Celtic origin, about 2,000 years a. C., being, for a long period, port frequented by Phoenicians, Greeks and Carthaginians. Numerous traces speak of the past of Lagos, but the time from which the county becomes, in historical terms, effectively known is from 228 to.

C., when the treaty between Carthaginians and Romans was celebrated, which fixed the Ebro as a border between them. It dates from this time the flowering of Lacóbriga, which remained until the 7th century and which was the ancestor of the present-day Lagos. The origin of Lacóbriga is quite unknown. Apparently, there were two, built in different places.

The primitive settlement would have been destroyed by an earthquake that occurred in the 4th. C. The second Lacóbriga, whose foundation is attributed to Bohodes, captain or Cargian governor who was part of the military forces of Carthage, which occupied the south of the Iberian Peninsula at the end of the 4th century.

C. Lacóbriga will turn out to be a very important city in Roman times. In an 18th-century manuscript, Antiquities of Lagos and Their Churches are said to have existed between the two Lacóbrigas. From 713 when the Arabs are already absolute masters of the Peninsula, there are no more references to Lacóbriga.

According to the most recent history, Lagos was definitively conquered from the Moors in the year 1249 by D. Paio Peres Correia, and the year 1266 was pointed out as the date when Lagos received the first foral, attributed by D. Afonso III. However, it was during the reign of Alfonso IV that Lagos affirmed himself, precisely with the reconstruction of the walls of the square and with the coming to the city of the military government of the Algarve.

On January 5,1361, during the reign of D. Pedro I, Lagos passes the Village and County with its own jurisdiction. Until this date he was under the command of the Bishop of Silves who had received it by donation from the King of Castile. Lagos is very important in 1415, during the reign of King John I, due to the Portuguese Discoveries.

Infante D. Henrique lived in Lagos, in the castle, then Palácio dos Governadores, and which was also destroyed by the earthquake of 1755. Lagos was effectively the basis of maritime enterprises, the port of construction and armament of ships and the starting point of almost all the caravels that left for the Discoveries.
4 Bedroom apartment UNDER CONSTRUCTION, in luxury condominium next to lagos marina. View of the Marina and Rio. These apartments with luxury finishes have the following features: Smart home system, Energy Certification A+, heated floor, air conditioning, double glazing, central vacuum, electric blinds in all rooms, fiber optics, floor-to-ceiling windows, blank doors and wardrobes, balconies with glass railing.

Fully equipped kitchen with Bosch appliances. Communal swimming pool for adults and communal pool for children. Spa with Gym, Jacuzzi, Sauna, Bar/Lounge, Jacuzzi on the terrace. Private gardens throughout the Condominium. CONSTRUCTION COMPLETED IN JULY 2023. HISTORY OF LAGOS: Integrated in the prehistory of the south-west end of the Algarve, the area of the municipality of Lagos has been inhabited since backward times, as demonstrated by several archaeological stations.

The primitive name of the city - Lacohriga - points to a Celtic origin, about 2,000 years a. C., being, for a long period, port frequented by Phoenicians, Greeks and Carthaginians. Numerous traces speak of the past of Lagos, but the time from which the county becomes, in historical terms, effectively known is from 228 to.

C., when the treaty between Carthaginians and Romans was celebrated, which fixed the Ebro as a border between them. It dates from this time the flowering of Lacóbriga, which remained until the 7th century and which was the ancestor of the present-day Lagos. The origin of Lacóbriga is quite unknown. Apparently, there were two, built in different places.

The primitive settlement would have been destroyed by an earthquake that occurred in the 4th. C. The second Lacóbriga, whose foundation is attributed to Bohodes, captain or Cargian governor who was part of the military forces of Carthage, which occupied the south of the Iberian Peninsula at the end of the 4th century.

C. Lacóbriga will turn out to be a very important city in Roman times. In an 18th-century manuscript, Antiquities of Lagos and Their Churches are said to have existed between the two Lacóbrigas. From 713 when the Arabs are already absolute masters of the Peninsula, there are no more references to Lacóbriga.

According to the most recent history, Lagos was definitively conquered from the Moors in the year 1249 by D. Paio Peres Correia, and the year 1266 was pointed out as the date when Lagos received the first foral, attributed by D. Afonso III. However, it was during the reign of Alfonso IV that Lagos affirmed himself, precisely with the reconstruction of the walls of the square and with the coming to the city of the military government of the Algarve.

On January 5,1361, during the reign of D. Pedro I, Lagos passes the Village and County with its own jurisdiction. Until this date he was under the command of the Bishop of Silves who had received it by donation from the King of Castile. Lagos is very important in 1415, during the reign of King John I, due to the Portuguese Discoveries.

Infante D. Henrique lived in Lagos, in the castle, then Palácio dos Governadores, and which was also destroyed by the earthquake of 1755. Lagos was effectively the basis of maritime enterprises, the port of construction and armament of ships and the starting point of almost all the caravels that left for the Discoveries.
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Currency Exchange

Marina de 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 €750,000 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
€750,000 £617,925 £644,588 £26,663
Property Price € €750,000
Minimum cost in the last six months £617,925
Maximum cost in the last six months £644,588
Fluctuating exchange rates over the last six months could have increased the cost of this property by £26,663

Marina de 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 €750,000 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
€750,000 £617,925 £644,588 £26,663
Property Price € €750,000
Minimum cost in the last six months £617,925
Maximum cost in the last six months £644,588
Fluctuating exchange rates over the last six months could have increased the cost of this property by £26,663

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 £26,663 more.

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