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3 Bedroom apartment with 151 sq m, terrace of 59 sq m and 2 parking spaces, inserted in a new development to be born next to the center of Lagos
São Gonçalo de Lagos, Faro, Portugal
REF: 678185
€760,000
Description
3 Bedroom apartment with 151 sq m, terrace of 59 sq m and 2 parking spaces, inserted in a new development to be born next to the center of Lagos. Of contemporary architecture, this condominium scheduled for completion in March 2024, stands out for its quality materials and high standard finishes. The apartments from 2-bedroom to 3-bedroom, with large open space kitchens fully equipped with Bosh appliances. The panoramic windows in addition to giving excellent luminosity allow access to the terraces, which provide panoramic views. The condominium offers swimming pool, gym and underground garage parking. All apartments are equipped with home automation system, with Daikin air conditioning, underfloor heating, thermal and acoustic insulation, solar panels for water heating, central vacuum, double glazing, electric blinds, video intercom. Parking in underground garage and common outdoor space with swimming pool. Easy access, 10 minutes from the city center and the marina, the beaches D. Ana, Porto de Mós and Meia Praia. It is one hour from Faro International Airport. Castelhana is a Portuguese real estate agency present in the domestic market for over 20 years, specialized in prime residential real estate and recognized for the launch of some of the most distinguished developments in Portugal. Founded in 1999, Castelhana provides a full service in business brokerage. We are specialists in investment and in the commercialization of real estate. In the Algarve next to the renowned Vilamoura Marina. In Lisbon, in Chiado, one of the most emblematic and traditional areas of the capital, and in Porto, we are based in Foz Do Douro, one of the noblest places in the city. We are waiting for you. We have a team available to give you the best support in your next real estate investment. Contact us!
3 Bedroom apartment with 151 sq m, terrace of 59 sq m and 2 parking spaces, inserted in a new development to be born next to the center of Lagos. Of contemporary architecture, this condominium scheduled for completion in March 2024, stands out for its quality materials and high standard finishes. The apartments from 2-bedroom to 3-bedroom, with large open space kitchens fully equipped with Bosh appliances. The panoramic windows in addition to giving excellent luminosity allow access to the terraces, which provide panoramic views. The condominium offers swimming pool, gym and underground garage parking. All apartments are equipped with home automation system, with Daikin air conditioning, underfloor heating, thermal and acoustic insulation, solar panels for water heating, central vacuum, double glazing, electric blinds, video intercom. Parking in underground garage and common outdoor space with swimming pool. Easy access, 10 minutes from the city center and the marina, the beaches D. Ana, Porto de Mós and Meia Praia. It is one hour from Faro International Airport. Castelhana is a Portuguese real estate agency present in the domestic market for over 20 years, specialized in prime residential real estate and recognized for the launch of some of the most distinguished developments in Portugal. Founded in 1999, Castelhana provides a full service in business brokerage. We are specialists in investment and in the commercialization of real estate. In the Algarve next to the renowned Vilamoura Marina. In Lisbon, in Chiado, one of the most emblematic and traditional areas of the capital, and in Porto, we are based in Foz Do Douro, one of the noblest places in the city. We are waiting for you. We have a team available to give you the best support in your next real estate investment. Contact us!
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Currency Exchange
São Gonçalo 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 €760,000 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 |
|---|---|---|---|
| €760,000 | £629,516 | £653,182 | £23,666 |
| Property Price € | €760,000 |
| Minimum cost in the last six months | £629,516 |
| Maximum cost in the last six months | £653,182 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £23,666 |
São Gonçalo 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 €760,000 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 |
|---|---|---|---|
| €760,000 | £629,516 | £653,182 | £23,666 |
| Property Price € | €760,000 |
| Minimum cost in the last six months | £629,516 |
| Maximum cost in the last six months | £653,182 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £23,666 |
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 £23,666 more.
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