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PRICE DROP ! Are you looking for a house that breathes and exudes light and peace, with a privileged location ? Discover an apartment with a feature you won't find somewhere else : sunlight from three different facades, giving to this house immense natural light and beautiful views of the sea and
Lagos, Faro, Portugal
REF: 734441
€385,000
Description
PRICE DROP ! Are you looking for a house that breathes and exudes light and peace, with a privileged location ? Discover an apartment with a feature you won't find somewhere else : sunlight from three different facades, giving to this house immense natural light and beautiful views of the sea and the city. Located a few steps from the marina, the beach and the historic center. With 108 m² of living area and 3 balconies, this recent 3 bedroom apartment offers a large entrance hall, a spacious living/dining room with a south-facing balcony, a kitchen with a balcony and a laundry. The sleeping area consists of 3 bedrooms including a suite with bath, built-in closet and access to a balcony with sea view, a hallway with built-in closet and a second bathroom with shower. There is also a storage room in the basement. All rooms have air conditioning. Situated on the second floor of a small three-story residence, without elevator, in a residential and calm environment. Easy and free parking around the building. The historic center is a few minutes walk away with all amenities, shops, restaurants, etc. Property in excellent condition and ready to move in, with all furniture included. Condominium 45€/m IMI : € 575 Get in touch and discover your next home ! IAD is an international group operating in France, Portugal, Spain, Italy, Germany, UK, Mexico and the USA. Tell us more about your project, we offer a wide range of services to accompany you. #ref: 104322
PRICE DROP ! Are you looking for a house that breathes and exudes light and peace, with a privileged location ? Discover an apartment with a feature you won't find somewhere else : sunlight from three different facades, giving to this house immense natural light and beautiful views of the sea and the city. Located a few steps from the marina, the beach and the historic center. With 108 m² of living area and 3 balconies, this recent 3 bedroom apartment offers a large entrance hall, a spacious living/dining room with a south-facing balcony, a kitchen with a balcony and a laundry. The sleeping area consists of 3 bedrooms including a suite with bath, built-in closet and access to a balcony with sea view, a hallway with built-in closet and a second bathroom with shower. There is also a storage room in the basement. All rooms have air conditioning. Situated on the second floor of a small three-story residence, without elevator, in a residential and calm environment. Easy and free parking around the building. The historic center is a few minutes walk away with all amenities, shops, restaurants, etc. Property in excellent condition and ready to move in, with all furniture included. Condominium 45€/m IMI : € 575 Get in touch and discover your next home ! IAD is an international group operating in France, Portugal, Spain, Italy, Germany, UK, Mexico and the USA. Tell us more about your project, we offer a wide range of services to accompany you. #ref: 104322
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Currency Exchange
Lagos, 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 €385,000 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 |
|---|---|---|---|
| €385,000 | £317,202 | £330,888 | £13,687 |
| Property Price € | €385,000 |
| Minimum cost in the last six months | £317,202 |
| Maximum cost in the last six months | £330,888 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,687 |
Lagos, 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 €385,000 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 |
|---|---|---|---|
| €385,000 | £317,202 | £330,888 | £13,687 |
| Property Price € | €385,000 |
| Minimum cost in the last six months | £317,202 |
| Maximum cost in the last six months | £330,888 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,687 |
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 £13,687 more.
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