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A Spacious T3 Apartment with Magnificent Ocean Views in Luz
Lagos, Faro, Portugal, 8600-128
REF: 679057
€525,000
Description
Located within the much sough-after development of Vila das Acácias, we are pleased to offer this well-maintained apartment in Luz, with pool and short walk to the beach A Spacious T3 Apartment with Magnificent Ocean Views in Luz
REF: 211LUZ
Located within the much sought-after development of Vila das Acácias and within easy walking distance of the beach, shops, bars, and restaurants, we are pleased to offer this well-maintained apartment in Luz.
Apartment: 116 sq.m
Energy Rating: C
Year of Construction: 2003
Price: 525,000 (furnished)
Condominium fee: 146.78 per month
The apartment is accessed by one flight of stairs or by an elevator. On entering the hallway, there is a great sense of light and space. Glazed double doors on the right open into a spacious sitting/dining room and from there, onto a balcony that provides the most magnificent ocean views. There is ample space for outdoor dining on the balcony that also overlooks the communal swimming pool.
The kitchen is well-equipped with plenty of cupboard space and provides a good working space. The hob is fired by gas and there is a breakfast bar for convenient dining. A door leads to a rear balcony that also has additional storage.
There are three double bedrooms, one of which is ensuite, and a guest bathroom. All the bedrooms have fitted wardrobes and the master bedroom has access to a balcony that benefits from pool and sea views.
Additional benefits include a designated parking space in the underground garage and a private storage room.
This apartment in Luz is a Must See!
Located within the much sough-after development of Vila das Acácias, we are pleased to offer this well-maintained apartment in Luz, with pool and short walk to the beach A Spacious T3 Apartment with Magnificent Ocean Views in Luz
REF: 211LUZ
Located within the much sought-after development of Vila das Acácias and within easy walking distance of the beach, shops, bars, and restaurants, we are pleased to offer this well-maintained apartment in Luz.
Apartment: 116 sq.m
Energy Rating: C
Year of Construction: 2003
Price: 525,000 (furnished)
Condominium fee: 146.78 per month
The apartment is accessed by one flight of stairs or by an elevator. On entering the hallway, there is a great sense of light and space. Glazed double doors on the right open into a spacious sitting/dining room and from there, onto a balcony that provides the most magnificent ocean views. There is ample space for outdoor dining on the balcony that also overlooks the communal swimming pool.
The kitchen is well-equipped with plenty of cupboard space and provides a good working space. The hob is fired by gas and there is a breakfast bar for convenient dining. A door leads to a rear balcony that also has additional storage.
There are three double bedrooms, one of which is ensuite, and a guest bathroom. All the bedrooms have fitted wardrobes and the master bedroom has access to a balcony that benefits from pool and sea views.
Additional benefits include a designated parking space in the underground garage and a private storage room.
This apartment in Luz is a Must See!
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Currency Exchange
Lagos, Faro, Portugal, 8600-128
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 €525,000 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 |
|---|---|---|---|
| €525,000 | £436,737 | £451,826 | £15,089 |
| Property Price € | €525,000 |
| Minimum cost in the last six months | £436,737 |
| Maximum cost in the last six months | £451,826 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,089 |
Lagos, Faro, Portugal, 8600-128
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 €525,000 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 |
|---|---|---|---|
| €525,000 | £436,737 | £451,826 | £15,089 |
| Property Price € | €525,000 |
| Minimum cost in the last six months | £436,737 |
| Maximum cost in the last six months | £451,826 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,089 |
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 £15,089 more.
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