1 Bedroom Apartment For Sale in Quinta do Lago

Loulé, Faro, Portugal, 8135-998

For Sale

€567,000

REF: 751584 €567,000


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Description

This one bedroom apartment for sale in Quinta do Lago is situated on a luxury 5* resort. With a communal swimming pool, sauna, gym, on-site restaurant and other advantages to owning a property on this resort. All one bedroom apartments comprise an open-plan lounge with a dining area leading out onto either a terrace or the communal garden area, an equipped kitchen, one bedroom with an en-suite bathroom and fitted wardrobes.

There is also a second bathroom with a walk-in shower. An exceptional opportunity in prestigious Quinta do Lago. You can own a luxury residence in a sought-after location with world-class facilities, and generate healthy rental income when you're not using your property. The luxury apartments are located in Quinta do Lago, one of the most desirable locations to live in Portugal.

Only 20 minutes from Faro Airport, close to the beach and boasting Michelin-starred restaurants and world-class golf, the residences are an ideal choice for an active lifestyle, including time spent playing tennis, golf, learning a new sport or exploring the fabulous Ria Formosa Natural Park. Or maybe you prefer to relax and enjoy the leisure of shopping among world famous brand-name stores, finishing the day off with a delicious Portuguese meal at one of the many restaurants in the area.

The one bedroom apartments come fully-furnished, with a fully equipped kitchen, dining room, master en-suite bedroom with built-in wardrobes and private outdoor space for alfresco dining. There's a large outdoor pool with sun beds, parasols and refreshing bar, and a heated indoor pool with views of the picturesque gardens.

This exclusive collection of freehold residences are available now, and will be part of a managed rental programme, tailored to suit your needs. Because your home will be rented when you're not using it, you should also be able to generate a healthy rental income. More details: - All the apartments are managed, fully furnished and equipped to 5-Star standards. - Owners can use their apartment for up to 12 weeks (ad aeternum), with a maximum of 2 weeks in high season and a maximum three weeks in medium season and seven in the low season (winter). - When using their apartment, owners have access to all of the Hotel s services and facilities and have owners privileges and discounts. - When owners are not using the apartment, the apartment is available to be rented to guests, ensuring a rental income for as long as they own the apartment. These apartments are ready now, so you can view, purchase and be benefiting within a few short months. Two bedroom apartments and three bedroom penthouses are also available - please contact us for more details.
This one bedroom apartment for sale in Quinta do Lago is situated on a luxury 5* resort. With a communal swimming pool, sauna, gym, on-site restaurant and other advantages to owning a property on this resort. All one bedroom apartments comprise an open-plan lounge with a dining area leading out onto either a terrace or the communal garden area, an equipped kitchen, one bedroom with an en-suite bathroom and fitted wardrobes.

There is also a second bathroom with a walk-in shower. An exceptional opportunity in prestigious Quinta do Lago. You can own a luxury residence in a sought-after location with world-class facilities, and generate healthy rental income when you're not using your property. The luxury apartments are located in Quinta do Lago, one of the most desirable locations to live in Portugal.

Only 20 minutes from Faro Airport, close to the beach and boasting Michelin-starred restaurants and world-class golf, the residences are an ideal choice for an active lifestyle, including time spent playing tennis, golf, learning a new sport or exploring the fabulous Ria Formosa Natural Park. Or maybe you prefer to relax and enjoy the leisure of shopping among world famous brand-name stores, finishing the day off with a delicious Portuguese meal at one of the many restaurants in the area.

The one bedroom apartments come fully-furnished, with a fully equipped kitchen, dining room, master en-suite bedroom with built-in wardrobes and private outdoor space for alfresco dining. There's a large outdoor pool with sun beds, parasols and refreshing bar, and a heated indoor pool with views of the picturesque gardens.

This exclusive collection of freehold residences are available now, and will be part of a managed rental programme, tailored to suit your needs. Because your home will be rented when you're not using it, you should also be able to generate a healthy rental income. More details: - All the apartments are managed, fully furnished and equipped to 5-Star standards. - Owners can use their apartment for up to 12 weeks (ad aeternum), with a maximum of 2 weeks in high season and a maximum three weeks in medium season and seven in the low season (winter). - When using their apartment, owners have access to all of the Hotel s services and facilities and have owners privileges and discounts. - When owners are not using the apartment, the apartment is available to be rented to guests, ensuring a rental income for as long as they own the apartment. These apartments are ready now, so you can view, purchase and be benefiting within a few short months. Two bedroom apartments and three bedroom penthouses are also available - please contact us for more details.
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Property on Map

#IDH32936

Currency Exchange

Loulé, Faro, Portugal, 8135-998

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 €567,000 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
€567,000 £469,652 £487,308 £17,656
Property Price € €567,000
Minimum cost in the last six months £469,652
Maximum cost in the last six months £487,308
Fluctuating exchange rates over the last six months could have increased the cost of this property by £17,656

Loulé, Faro, Portugal, 8135-998

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 €567,000 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
€567,000 £469,652 £487,308 £17,656
Property Price € €567,000
Minimum cost in the last six months £469,652
Maximum cost in the last six months £487,308
Fluctuating exchange rates over the last six months could have increased the cost of this property by £17,656

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 £17,656 more.

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