These bungalows are set on a new village development of the prestigious Boavista Golf and Spa Resort

Lagos, Algarve, Portugal, 8600-281

For Sale

€515,000

REF: 803989 €515,000


2

2


132 m2

Description

These bungalows are set on a new village development of the prestigious Boavista Golf and Spa Resort. The village has a private leisure center with an indoor pool, outdoor adults swimming pool and a children's pool, with exclusive access to owners and members only. The accommodation comprises of an open-plan contemporary living space and fully fitted kitchen with integrated appliances, 2 double bedrooms and 2 bathrooms (1 is en-suite).

Built to a high standard, the properties offer energy efficient solar hot water heating, underfloor heated bathrooms, inverted air conditioning / heating units along with quality double glazing and electric shutters. New residents will have access to a range of leisure facilities including, indoor and outdoor pools, gym and owners golf discounts. This is an opportunity to purchase a modern and quality apartment in a popular Golf Resort close to Lagos.
These bungalows are set on a new village development of the prestigious Boavista Golf and Spa Resort. The village has a private leisure center with an indoor pool, outdoor adults swimming pool and a children's pool, with exclusive access to owners and members only. The accommodation comprises of an open-plan contemporary living space and fully fitted kitchen with integrated appliances, 2 double bedrooms and 2 bathrooms (1 is en-suite).

Built to a high standard, the properties offer energy efficient solar hot water heating, underfloor heated bathrooms, inverted air conditioning / heating units along with quality double glazing and electric shutters. New residents will have access to a range of leisure facilities including, indoor and outdoor pools, gym and owners golf discounts. This is an opportunity to purchase a modern and quality apartment in a popular Golf Resort close to Lagos.
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Property on Map

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Currency Exchange

Lagos, Algarve, Portugal, 8600-281

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 €515,000 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
€515,000 £426,580 £442,617 £16,037
Property Price € €515,000
Minimum cost in the last six months £426,580
Maximum cost in the last six months £442,617
Fluctuating exchange rates over the last six months could have increased the cost of this property by £16,037

Lagos, Algarve, Portugal, 8600-281

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 €515,000 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
€515,000 £426,580 £442,617 £16,037
Property Price € €515,000
Minimum cost in the last six months £426,580
Maximum cost in the last six months £442,617
Fluctuating exchange rates over the last six months could have increased the cost of this property by £16,037

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 £16,037 more.

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