Welcome to this stunning 2-bedroom duplex apartment located in a beautiful urbanization on Meia Praia beach in Lagos

Lagos, Algarve, Portugal, 8600-315

For Sale

€450,000

£374,220
REF: 788803 €450,000

2

2


158 m2

Description

Welcome to this stunning 2-bedroom duplex apartment located in a beautiful urbanization on Meia Praia beach in Lagos. Situated just a minute's walk from the golden sands, this property offers the perfect blend of coastal living and urban convenience. Upon entering, you are greeted by a spacious and luminous living and dining area that leads to a large balcony boasting southerly views, ideal for enjoying the sunshine and alfresco dining.

The kitchen, located just off the living area, is functional and well-equipped with an electric hob. Descending to the lower floor via the stairs, you'll find a hallway with ample storage space, including a storage room under the stairs which also houses the water tank. Adjacent to this is a generously-sized bathroom, serving both bedrooms.

Both bedrooms are of decent size, with the master bedroom featuring a walk-in wardrobe and en-suite bathroom. The guest bedroom also offers convenience with its built-in wardrobe and private balcony. This apartment is equipped with amenities, including invert A/C, a heater unit in the living room, double glazing, and mosquito nets.

Additionally, it comes with one parking space in the basement. The condominium is meticulously maintained, boasting lush green gardens and a communal pool for residents to enjoy. With the beach just a stone's throw away, leisurely strolls along the shoreline are within easy reach. Furthermore, this duplex presents an excellent investment opportunity.

Located in a tourist resort, it offers the potential for holiday rentals, providing a steady income stream. Such opportunities are rare since the end of the Alojamento Local for apartment properties. Lagos, a historic city in the Algarve region of Portugal, is known for its charming old town, vibrant nightlife, and stunning beaches.

From its ancient city walls to its picturesque marina, Lagos offers a wealth of cultural and recreational activities for residents and visitors alike. In conclusion, whether you're seeking a permanent residence, a holiday home, or an investment property, this duplex apartment ticks all the boxes. Don't miss the chance to own a slice of paradise in Lagos, Portugal's gem on the Algarve coast.
Welcome to this stunning 2-bedroom duplex apartment located in a beautiful urbanization on Meia Praia beach in Lagos. Situated just a minute's walk from the golden sands, this property offers the perfect blend of coastal living and urban convenience. Upon entering, you are greeted by a spacious and luminous living and dining area that leads to a large balcony boasting southerly views, ideal for enjoying the sunshine and alfresco dining.

The kitchen, located just off the living area, is functional and well-equipped with an electric hob. Descending to the lower floor via the stairs, you'll find a hallway with ample storage space, including a storage room under the stairs which also houses the water tank. Adjacent to this is a generously-sized bathroom, serving both bedrooms.

Both bedrooms are of decent size, with the master bedroom featuring a walk-in wardrobe and en-suite bathroom. The guest bedroom also offers convenience with its built-in wardrobe and private balcony. This apartment is equipped with amenities, including invert A/C, a heater unit in the living room, double glazing, and mosquito nets.

Additionally, it comes with one parking space in the basement. The condominium is meticulously maintained, boasting lush green gardens and a communal pool for residents to enjoy. With the beach just a stone's throw away, leisurely strolls along the shoreline are within easy reach. Furthermore, this duplex presents an excellent investment opportunity.

Located in a tourist resort, it offers the potential for holiday rentals, providing a steady income stream. Such opportunities are rare since the end of the Alojamento Local for apartment properties. Lagos, a historic city in the Algarve region of Portugal, is known for its charming old town, vibrant nightlife, and stunning beaches.

From its ancient city walls to its picturesque marina, Lagos offers a wealth of cultural and recreational activities for residents and visitors alike. In conclusion, whether you're seeking a permanent residence, a holiday home, or an investment property, this duplex apartment ticks all the boxes. Don't miss the chance to own a slice of paradise in Lagos, Portugal's gem on the Algarve coast.
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Currency Exchange

Lagos, Algarve, Portugal, 8600-315

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 €450,000 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
€450,000 £372,740 £386,753 £14,013
Property Price € €450,000
Minimum cost in the last six months £372,740
Maximum cost in the last six months £386,753
Fluctuating exchange rates over the last six months could have increased the cost of this property by £14,013

Lagos, Algarve, Portugal, 8600-315

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 €450,000 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
€450,000 £372,740 £386,753 £14,013
Property Price € €450,000
Minimum cost in the last six months £372,740
Maximum cost in the last six months £386,753
Fluctuating exchange rates over the last six months could have increased the cost of this property by £14,013

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 £14,013 more.

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