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Charming boutique townhouse
Lagos, Faro, Portugal, 8600-728 Lagos
REF: 595689
€490,000
Description
Beautiful property for sale in the historic centre of Lagos This stylish, completely renovated townhouse is located in a quiet street in the heart of the historic centre of Lagos, walking distance from the beach and all amenities. The spacious townhouse was beautifully designed and renovated to a high standard in 2020, with excellent thermal and acoustic insulation in the floor and ceilings and the property is fully air-conditioned, making this an ideal property all year round. Upon entrance on the ground floor is the living area and two bedrooms. One is equipped with a bunk-bed as a child's bedroom, but could easily fit two single beds or one double bed.
The living room opens onto the ample kitchen, fully equipped with quality appliances and with enough space to have a dining table and plenty of counter and storage space. One of the best features of this property is the beautiful courtyard, with mature plants and remnants of the roman walls. This area is ideal for al fresco dining and has plenty of space for a BBQ or even jacuzzi . There is a separate laundry room which could be converted into a bathroom/laundry area. There is currently one large family bathroom with a walk-in shower on the ground floor. On the upper floor there is an additional office/bedroom, complete with air conditioning and additional kids play area or storage.
All in all, this property makes an ideal plug and play solution for the rental market or would be ideal for full time living in the historic centre of Lagos. Viewing to fully appreciate the charm is highly recommended.
Beautiful property for sale in the historic centre of Lagos This stylish, completely renovated townhouse is located in a quiet street in the heart of the historic centre of Lagos, walking distance from the beach and all amenities. The spacious townhouse was beautifully designed and renovated to a high standard in 2020, with excellent thermal and acoustic insulation in the floor and ceilings and the property is fully air-conditioned, making this an ideal property all year round. Upon entrance on the ground floor is the living area and two bedrooms. One is equipped with a bunk-bed as a child's bedroom, but could easily fit two single beds or one double bed.
The living room opens onto the ample kitchen, fully equipped with quality appliances and with enough space to have a dining table and plenty of counter and storage space. One of the best features of this property is the beautiful courtyard, with mature plants and remnants of the roman walls. This area is ideal for al fresco dining and has plenty of space for a BBQ or even jacuzzi . There is a separate laundry room which could be converted into a bathroom/laundry area. There is currently one large family bathroom with a walk-in shower on the ground floor. On the upper floor there is an additional office/bedroom, complete with air conditioning and additional kids play area or storage.
All in all, this property makes an ideal plug and play solution for the rental market or would be ideal for full time living in the historic centre of Lagos. Viewing to fully appreciate the charm is highly recommended.
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Currency Exchange
Lagos, Faro, Portugal, 8600-728 Lagos
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 €490,000 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 |
|---|---|---|---|
| €490,000 | £405,872 | £421,131 | £15,259 |
| Property Price € | €490,000 |
| Minimum cost in the last six months | £405,872 |
| Maximum cost in the last six months | £421,131 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,259 |
Lagos, Faro, Portugal, 8600-728 Lagos
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 €490,000 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 |
|---|---|---|---|
| €490,000 | £405,872 | £421,131 | £15,259 |
| Property Price € | €490,000 |
| Minimum cost in the last six months | £405,872 |
| Maximum cost in the last six months | £421,131 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,259 |
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 £15,259 more.
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