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T2+1 Apartment with Spacious Terrace in Lagos Historic City Centre
Lagos, Faro, Portugal, 8600-728 Lagos
REF: 724395
€345,000
Description
Discover this wonderful T2+1 apartment situated in the heart of the Lagos Historic city centre. The apartment is conveniently located on the ground floor and offers a fully equipped kitchen with a dining table, two cozy bedrooms, each with their own ensuite bathroom, and a large third room currently being used as a bedroom but could easily be transformed into a living room area. This property has air-conditioning units in all 3 rooms and double glazing windows throughout, ensuring a comfortable and peaceful living experience.
What truly sets this property apart is the spacious outside terrace complete with a dining area, ideal for soaking up the sun and enjoying the beautiful Portuguese weather.
Located just a stone's throw away from the beach, shops, restaurants, and all amenities, this apartment is perfect for those looking to experience everything Lagos has to offer.
For those interested in generating some extra income, this apartment also has an AL touristic license making it an excellent investment opportunity for a holiday home or rental property.
Don't hesitate, this property won't be on the market for long, contact us today to arrange a viewing!
Discover this wonderful T2+1 apartment situated in the heart of the Lagos Historic city centre. The apartment is conveniently located on the ground floor and offers a fully equipped kitchen with a dining table, two cozy bedrooms, each with their own ensuite bathroom, and a large third room currently being used as a bedroom but could easily be transformed into a living room area. This property has air-conditioning units in all 3 rooms and double glazing windows throughout, ensuring a comfortable and peaceful living experience.
What truly sets this property apart is the spacious outside terrace complete with a dining area, ideal for soaking up the sun and enjoying the beautiful Portuguese weather.
Located just a stone's throw away from the beach, shops, restaurants, and all amenities, this apartment is perfect for those looking to experience everything Lagos has to offer.
For those interested in generating some extra income, this apartment also has an AL touristic license making it an excellent investment opportunity for a holiday home or rental property.
Don't hesitate, this property won't be on the market for long, contact us today to arrange a viewing!
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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 €345,000 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 |
|---|---|---|---|
| €345,000 | £285,767 | £296,510 | £10,743 |
| Property Price € | €345,000 |
| Minimum cost in the last six months | £285,767 |
| Maximum cost in the last six months | £296,510 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,743 |
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 €345,000 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 |
|---|---|---|---|
| €345,000 | £285,767 | £296,510 | £10,743 |
| Property Price € | €345,000 |
| Minimum cost in the last six months | £285,767 |
| Maximum cost in the last six months | £296,510 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,743 |
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 £10,743 more.
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