This apartment is set in a quite residential area of Lagos, yet close to all amenities and beaches reachable within a short walking distance

Lagos, Algarve, Portugal, 8600-642

For Sale

€359,000

£298,545
REF: 731996 €359,000

2

2

111 m2

Description

This apartment is set in a quite residential area of Lagos, yet close to all amenities and beaches reachable within a short walking distance. The accommodation is very well maintained, having been refurbished recently but still maintaining the traditional Portuguese tiles throughout. The total area is 111,10 m2, being the living area 101,10 m2 and the balconies 10 m2. This spacious apartment boasts a wide entrance gallery followed by a hallway that leads to all areas. The living and dining area have sliding widows that flow to a balcony ideal for "al-fresco" dining with lovely views of the surrounding gardens. The fully fitted kitchen has a pantry and a covered balcony perfect to use as an extra laundry area. There are 2 double bedrooms with built in wardrobes and 2 family bathrooms. Further features include: double glazing, air conditioning system installed in the living area and the first bedroom and ceiling fans in both bedrooms. This apartment is perfect as a permanent residence or a home-from-home holiday property. Viewings are essential to fully appreciate all the features.
This apartment is set in a quite residential area of Lagos, yet close to all amenities and beaches reachable within a short walking distance. The accommodation is very well maintained, having been refurbished recently but still maintaining the traditional Portuguese tiles throughout. The total area is 111,10 m2, being the living area 101,10 m2 and the balconies 10 m2. This spacious apartment boasts a wide entrance gallery followed by a hallway that leads to all areas. The living and dining area have sliding widows that flow to a balcony ideal for "al-fresco" dining with lovely views of the surrounding gardens. The fully fitted kitchen has a pantry and a covered balcony perfect to use as an extra laundry area. There are 2 double bedrooms with built in wardrobes and 2 family bathrooms. Further features include: double glazing, air conditioning system installed in the living area and the first bedroom and ceiling fans in both bedrooms. This apartment is perfect as a permanent residence or a home-from-home holiday property. Viewings are essential to fully appreciate all the features.
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Currency Exchange

Lagos, Algarve, Portugal, 8600-642

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 €359,000 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
€359,000 £297,363 £308,543 £11,179
Property Price € €359,000
Minimum cost in the last six months £297,363
Maximum cost in the last six months £308,543
Fluctuating exchange rates over the last six months could have increased the cost of this property by £11,179

Lagos, Algarve, Portugal, 8600-642

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 €359,000 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
€359,000 £297,363 £308,543 £11,179
Property Price € €359,000
Minimum cost in the last six months £297,363
Maximum cost in the last six months £308,543
Fluctuating exchange rates over the last six months could have increased the cost of this property by £11,179

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 £11,179 more.

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