Building for sale in Lagos historic centre

Lagos, Faro, Portugal, 8600-748

For Sale

€1,300,000

REF: 742558 €1,300,000


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Description

This building, built in 1899 on the busiest street in Lagos, is a real landmark of the city Located in the historic center, on a street full of history and culture, with its typical houses and colorful facades Invest in this building now and enjoy a perfect combination of charm, convenience and a great location, allowing you to enjoy all that this charming city has to offer.

Comprising three floors, this property is waiting for you so it can be renovated with your creativity, bringing quality and a new life to the building. With ample and versatile space, the possibilities are endless. You can transform each floor into different environments, such as modern offices, commercial spaces or even an elegant apartment. On the first floor you'll find 2 fully functioning businesses, on the top floor you'll find various rooms, such as bedrooms, living room, kitchen and even a small outdoor garden. On the top floor you'll find a terrace overlooking the city and a attic that can be used. This is your opportunity. Contact us to find out more informations.
This building, built in 1899 on the busiest street in Lagos, is a real landmark of the city Located in the historic center, on a street full of history and culture, with its typical houses and colorful facades Invest in this building now and enjoy a perfect combination of charm, convenience and a great location, allowing you to enjoy all that this charming city has to offer.

Comprising three floors, this property is waiting for you so it can be renovated with your creativity, bringing quality and a new life to the building. With ample and versatile space, the possibilities are endless. You can transform each floor into different environments, such as modern offices, commercial spaces or even an elegant apartment. On the first floor you'll find 2 fully functioning businesses, on the top floor you'll find various rooms, such as bedrooms, living room, kitchen and even a small outdoor garden. On the top floor you'll find a terrace overlooking the city and a attic that can be used. This is your opportunity. Contact us to find out more informations.
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Property on Map

#P1127

Currency Exchange

Lagos, Faro, Portugal, 8600-748

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 €1,300,000 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
€1,300,000 £1,076,803 £1,117,285 £40,482
Property Price € €1,300,000
Minimum cost in the last six months £1,076,803
Maximum cost in the last six months £1,117,285
Fluctuating exchange rates over the last six months could have increased the cost of this property by £40,482

Lagos, Faro, Portugal, 8600-748

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 €1,300,000 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
€1,300,000 £1,076,803 £1,117,285 £40,482
Property Price € €1,300,000
Minimum cost in the last six months £1,076,803
Maximum cost in the last six months £1,117,285
Fluctuating exchange rates over the last six months could have increased the cost of this property by £40,482

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 £40,482 more.

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