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This spectacular 2-bedroom apartment is set in a gated community in an exclusive location with unobstructed, breathtaking views over the River Arade
Lagoa, Portugal
REF: 798796
€525,000
Description
This spectacular 2-bedroom apartment is set in a gated community in an exclusive location with unobstructed, breathtaking views over the River Arade. This is an apartment with good-sized rooms, plus two fantastic balconies. It consists of two bedrooms, one of which is en suite with a small walking closet, and the other bedroom has a great closet with plenty of storage. Both rooms share a balcony with river views, facing west so you can enjoy the sunset. Both the dining room and the living room are open-plan, with an extra area that can be used as an office or reading room. This large area is equipped with air conditioning and a wood burning stove for maximum comfort in cooler weather, with access to the fantastic balcony with river views and space for outside dining. The kitchen, fully equipped with high-end appliances, has plenty of space for storage and preparing meals. The apartment also has solar panels for water heating, double glazing, electric interior blinds, as well as a parking space with an automated gate and direct access to the interior of the condominium. The condominium also has an infinity pool facing the river and a gym for the exclusive use of residents. Located 5 minutes from Portimão, as well as Lagoa, within short distance of golf courses, as well as all day-to-day amenities and services. It is 40 minutes from Faro International Airport via the A22 highway. CHARACTERISTICS:Area: 170 m2 | 1 826 sq ftUseful area: 126 m2 | 1 351 sq ftBedrooms: 2Bathrooms: 3Garage: 1Energy efficiency: B-FEATURES:2 bedrooms Equipped kitchen Balconies Swimming pool Gym Garage Gated community Air conditioning Solar panels Internationally awarded, LUXIMOS Christie's presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage. LUXIMOS Christie's is the exclusive affiliate of Christie s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal. Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina. LIc AMI 9063
This spectacular 2-bedroom apartment is set in a gated community in an exclusive location with unobstructed, breathtaking views over the River Arade. This is an apartment with good-sized rooms, plus two fantastic balconies. It consists of two bedrooms, one of which is en suite with a small walking closet, and the other bedroom has a great closet with plenty of storage. Both rooms share a balcony with river views, facing west so you can enjoy the sunset. Both the dining room and the living room are open-plan, with an extra area that can be used as an office or reading room. This large area is equipped with air conditioning and a wood burning stove for maximum comfort in cooler weather, with access to the fantastic balcony with river views and space for outside dining. The kitchen, fully equipped with high-end appliances, has plenty of space for storage and preparing meals. The apartment also has solar panels for water heating, double glazing, electric interior blinds, as well as a parking space with an automated gate and direct access to the interior of the condominium. The condominium also has an infinity pool facing the river and a gym for the exclusive use of residents. Located 5 minutes from Portimão, as well as Lagoa, within short distance of golf courses, as well as all day-to-day amenities and services. It is 40 minutes from Faro International Airport via the A22 highway. CHARACTERISTICS:Area: 170 m2 | 1 826 sq ftUseful area: 126 m2 | 1 351 sq ftBedrooms: 2Bathrooms: 3Garage: 1Energy efficiency: B-FEATURES:2 bedrooms Equipped kitchen Balconies Swimming pool Gym Garage Gated community Air conditioning Solar panels Internationally awarded, LUXIMOS Christie's presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage. LUXIMOS Christie's is the exclusive affiliate of Christie s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal. Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina. LIc AMI 9063
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Currency Exchange
Lagoa, 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 €525,000 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 |
|---|---|---|---|
| €525,000 | £432,548 | £451,211 | £18,664 |
| Property Price € | €525,000 |
| Minimum cost in the last six months | £432,548 |
| Maximum cost in the last six months | £451,211 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,664 |
Lagoa, 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 €525,000 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 |
|---|---|---|---|
| €525,000 | £432,548 | £451,211 | £18,664 |
| Property Price € | €525,000 |
| Minimum cost in the last six months | £432,548 |
| Maximum cost in the last six months | £451,211 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £18,664 |
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 £18,664 more.
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