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The apartments are currently being constructed and are scheduled to be completed by Spring 2025
Lagos, Algarve, Portugal, 8600-282
REF: 719010
€510,000
Description
The apartments are currently being constructed and are scheduled to be completed by Spring 2025. They are spread across three floors and boast a sleek and contemporary design with a strong emphasis on indoor-outdoor living, featuring large terraces.
Inside, the apartments have open plan living areas with modern kitchens equipped with integrated appliances. The bedrooms come with built-in wardrobes, and the bathrooms are finished with a modern contemporary touch.
Every unit includes spacious balconies and comes fully equipped with various amenities, such as air conditioning, underfloor heating, solar panels for hot water, Smart Home Systems, high-speed Fibre internet, and double glazed windows with electric roller blinds. The apartments are also designed to have an energy rating of A+.
Parking is secure in an underground garage, and the surrounding grounds will be beautifully landscaped with communal gardens, a sun terrace, and an outdoor pool. Residents can also enjoy the convenience of a fully equipped gym and sauna within the complex.
These apartments are ideally located, being only a 5-minute walk from Porto de Mos Beach. They are renowned for their high quality, clean contemporary design, and exceptional capital appreciation rating, making them highly sought-after. Due to their popularity, they are selling quickly, so reserving a unit sooner rather than later is advisable.
Ground floor apartments price from 565,000 .
The apartments are currently being constructed and are scheduled to be completed by Spring 2025. They are spread across three floors and boast a sleek and contemporary design with a strong emphasis on indoor-outdoor living, featuring large terraces.
Inside, the apartments have open plan living areas with modern kitchens equipped with integrated appliances. The bedrooms come with built-in wardrobes, and the bathrooms are finished with a modern contemporary touch.
Every unit includes spacious balconies and comes fully equipped with various amenities, such as air conditioning, underfloor heating, solar panels for hot water, Smart Home Systems, high-speed Fibre internet, and double glazed windows with electric roller blinds. The apartments are also designed to have an energy rating of A+.
Parking is secure in an underground garage, and the surrounding grounds will be beautifully landscaped with communal gardens, a sun terrace, and an outdoor pool. Residents can also enjoy the convenience of a fully equipped gym and sauna within the complex.
These apartments are ideally located, being only a 5-minute walk from Porto de Mos Beach. They are renowned for their high quality, clean contemporary design, and exceptional capital appreciation rating, making them highly sought-after. Due to their popularity, they are selling quickly, so reserving a unit sooner rather than later is advisable.
Ground floor apartments price from 565,000 .
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Currency Exchange
Lagos, Algarve, Portugal, 8600-282
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 €510,000 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 |
|---|---|---|---|
| €510,000 | £422,438 | £438,320 | £15,881 |
| Property Price € | €510,000 |
| Minimum cost in the last six months | £422,438 |
| Maximum cost in the last six months | £438,320 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,881 |
Lagos, Algarve, Portugal, 8600-282
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 €510,000 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 |
|---|---|---|---|
| €510,000 | £422,438 | £438,320 | £15,881 |
| Property Price € | €510,000 |
| Minimum cost in the last six months | £422,438 |
| Maximum cost in the last six months | £438,320 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,881 |
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 £15,881 more.
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