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PORTUGAL – ALGARVE – LAGOA This splendid T2 apartment, completely renovated, is located in the urbanization of Pateiro, a residential area, very quiet in Parchal
Lagoa (Algarve), Faro, Portugal
REF: 719752
€210,000
Description
PORTUGAL – ALGARVE – LAGOA This splendid T2 apartment, completely renovated, is located in the urbanization of Pateiro, a residential area, very quiet in Parchal. It has a splendid view of the Rio Arade river, the Monchique mountains and the city of Portimão. It is close to all amenities and shops and is 10 minutes from the most beautiful beaches in the area, such as Benagil, Marinha, Caneiros, Ferragudo, Carvoeiro. It is located halfway between the cities of Portimão and Lagoa. The EN125 and the A22 are just nearby. This apartment is located on the 2nd and last floor of a building with an elevator. It is composed of an entrance hall, a large living room with a panoramic view of the Rio Arade, 2 bedrooms with fitted wardrobes, a fully equipped kitchen, a bathroom with a walk-in shower. It has just been completely renovated, the thermal and acoustic insulation, the floors, the window frames, the installation of electric roller shutters, the plumbing, and the electricity have been redone. It is sold with an equipped kitchen and benefits from air conditioning in the living room and bedrooms. It benefits from nearby parking spaces. Features : northwest orientation Reversible climate control Equipped kitchen Microwave Electric oven Induction hob Extractor hood Fridge Dishwasher Electric roller shutters Water heater Reinforced door Double glazing Fiber Thermal and acoustic insulation Television antenna River and mountain view Fully renovated Quiet residential area Proximity to beaches Proximity to golf courses. The coastal region of Lagoa has a multitude of sandy coves, nestled against the limestone cliffs, sculpted by the sea and the wind. These beaches offer many water sports, boat trips to explore caves and cliffs. It is the ideal place for hiking along the cliffs. There are many golf courses nearby, including Gramacho and Pinta, which are part of the Pestana Golf Resort, and the nine-hole Vale de Milho course, located between Lagoa and Carvoeiro. This is a great opportunity to reside or monetize. Book your visit with us now! #ref: 100940
PORTUGAL – ALGARVE – LAGOA This splendid T2 apartment, completely renovated, is located in the urbanization of Pateiro, a residential area, very quiet in Parchal. It has a splendid view of the Rio Arade river, the Monchique mountains and the city of Portimão. It is close to all amenities and shops and is 10 minutes from the most beautiful beaches in the area, such as Benagil, Marinha, Caneiros, Ferragudo, Carvoeiro. It is located halfway between the cities of Portimão and Lagoa. The EN125 and the A22 are just nearby. This apartment is located on the 2nd and last floor of a building with an elevator. It is composed of an entrance hall, a large living room with a panoramic view of the Rio Arade, 2 bedrooms with fitted wardrobes, a fully equipped kitchen, a bathroom with a walk-in shower. It has just been completely renovated, the thermal and acoustic insulation, the floors, the window frames, the installation of electric roller shutters, the plumbing, and the electricity have been redone. It is sold with an equipped kitchen and benefits from air conditioning in the living room and bedrooms. It benefits from nearby parking spaces. Features : northwest orientation Reversible climate control Equipped kitchen Microwave Electric oven Induction hob Extractor hood Fridge Dishwasher Electric roller shutters Water heater Reinforced door Double glazing Fiber Thermal and acoustic insulation Television antenna River and mountain view Fully renovated Quiet residential area Proximity to beaches Proximity to golf courses. The coastal region of Lagoa has a multitude of sandy coves, nestled against the limestone cliffs, sculpted by the sea and the wind. These beaches offer many water sports, boat trips to explore caves and cliffs. It is the ideal place for hiking along the cliffs. There are many golf courses nearby, including Gramacho and Pinta, which are part of the Pestana Golf Resort, and the nine-hole Vale de Milho course, located between Lagoa and Carvoeiro. This is a great opportunity to reside or monetize. Book your visit with us now! #ref: 100940
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Currency Exchange
Lagoa (Algarve), 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 €210,000 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 |
|---|---|---|---|
| €210,000 | £173,945 | £180,485 | £6,539 |
| Property Price € | €210,000 |
| Minimum cost in the last six months | £173,945 |
| Maximum cost in the last six months | £180,485 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,539 |
Lagoa (Algarve), 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 €210,000 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 |
|---|---|---|---|
| €210,000 | £173,945 | £180,485 | £6,539 |
| Property Price € | €210,000 |
| Minimum cost in the last six months | £173,945 |
| Maximum cost in the last six months | £180,485 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,539 |
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 £6,539 more.
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