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Fabulous 2+1 apt in Lagos /Algarve
Lagos, Faro, Portugal
REF: 778520
€575,000
Description
Fabulous 2+1 bedroom apartment, with great location, just a few minutes walk from the city center and all its facilities. This fabulous 2+1 bed apt, with a great location, next to shops, supermarkets and just a few minutes walk from the city center and the Marina, offers a very spacious living room with lots of light, a terrace with almost 60m2, facing south and 2 bedrooms plus a third one that can become an office or another bedroom.
The all have built-in wardrobes. 2 bathrooms, one of them en suite, with whirlpool bathtub and both with windows. The living room and all bedrooms are facing the terrace, so there is plenty of sun and lots of light all day long!
The kitchen is fully equipped and has another terrace with BBQ and pantry.
The property is also equipped with air conditioning, installed relatively recently, in the bathrooms there is underfloor heating, it also has electric heating. throughout the house and electric shutters.
Located on the 4th floor with elevator, it also has 2 parking spaces and a storage room.
The pool area and the garden are very nice and there is a small playground.
Well worth a visit!
Condominium Fees: 139,64/month and IMI ca. 518/year.
Fabulous 2+1 bedroom apartment, with great location, just a few minutes walk from the city center and all its facilities. This fabulous 2+1 bed apt, with a great location, next to shops, supermarkets and just a few minutes walk from the city center and the Marina, offers a very spacious living room with lots of light, a terrace with almost 60m2, facing south and 2 bedrooms plus a third one that can become an office or another bedroom.
The all have built-in wardrobes. 2 bathrooms, one of them en suite, with whirlpool bathtub and both with windows. The living room and all bedrooms are facing the terrace, so there is plenty of sun and lots of light all day long!
The kitchen is fully equipped and has another terrace with BBQ and pantry.
The property is also equipped with air conditioning, installed relatively recently, in the bathrooms there is underfloor heating, it also has electric heating. throughout the house and electric shutters.
Located on the 4th floor with elevator, it also has 2 parking spaces and a storage room.
The pool area and the garden are very nice and there is a small playground.
Well worth a visit!
Condominium Fees: 139,64/month and IMI ca. 518/year.
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Property on Map
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 €575,000 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 |
|---|---|---|---|
| €575,000 | £476,278 | £494,184 | £17,906 |
| Property Price € | €575,000 |
| Minimum cost in the last six months | £476,278 |
| Maximum cost in the last six months | £494,184 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,906 |
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 €575,000 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 |
|---|---|---|---|
| €575,000 | £476,278 | £494,184 | £17,906 |
| Property Price € | €575,000 |
| Minimum cost in the last six months | £476,278 |
| Maximum cost in the last six months | £494,184 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,906 |
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 £17,906 more.
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