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Apartments in luxury condominium with high quality finishes and excellent location in the city of Lagos
Torraltinha, Faro, Portugal
REF: 383785
€650,000
Description
Apartments in luxury condominium with high quality finishes and excellent location in the city of Lagos. Spacious 2 bedroom unit with sea views and a total of 165sqm, fully equipped so you can enjoy the greatest comfort. Located just a five-minute walk from the historic center, here you will have everything you need for your day-to-day life. For moments of relaxation, the huge 38sqm balcony allows you to fully enjoy the fantastic climate of the Algarve. The apartment has Daikin air conditioning and underfloor heating, fully-kitchen equipped with Bosch appliances, Teletask home automation, fiber internet and solar water heating. You are also entitled to a private parking space inside. The condominium has an outdoor swimming pool, gym and sauna. With all this, it is the perfect place to live all year round or as a holiday home for you and your family. Completion in March 2024. Buy still under construction and enjoy a special price.
Apartments in luxury condominium with high quality finishes and excellent location in the city of Lagos. Spacious 2 bedroom unit with sea views and a total of 165sqm, fully equipped so you can enjoy the greatest comfort. Located just a five-minute walk from the historic center, here you will have everything you need for your day-to-day life. For moments of relaxation, the huge 38sqm balcony allows you to fully enjoy the fantastic climate of the Algarve. The apartment has Daikin air conditioning and underfloor heating, fully-kitchen equipped with Bosch appliances, Teletask home automation, fiber internet and solar water heating. You are also entitled to a private parking space inside. The condominium has an outdoor swimming pool, gym and sauna. With all this, it is the perfect place to live all year round or as a holiday home for you and your family. Completion in March 2024. Buy still under construction and enjoy a special price.
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Currency Exchange
Torraltinha, 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 €650,000 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 |
|---|---|---|---|
| €650,000 | £538,402 | £558,643 | £20,241 |
| Property Price € | €650,000 |
| Minimum cost in the last six months | £538,402 |
| Maximum cost in the last six months | £558,643 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,241 |
Torraltinha, 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 €650,000 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 |
|---|---|---|---|
| €650,000 | £538,402 | £558,643 | £20,241 |
| Property Price € | €650,000 |
| Minimum cost in the last six months | £538,402 |
| Maximum cost in the last six months | £558,643 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £20,241 |
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 £20,241 more.
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