3 bed apart

Lagos, Faro, Portugal, 8600-620

For Sale

€275,000

REF: 804507 €275,000


3

2

Description

3 bedroom apartment for sale next to the Wall of Lagos, close to restaurants, shops, supermarkets and the beach. This 3 bedroom apartment, situated close to the Lagos Walls, has a great location, within walking distance of shops, restaurant, supermarkets and the beach. It has a kitchen, pantry, a sunroom converted into a laundry room, in the common room there is the possibility of building a fireplace, a bathroom with shower and the master bedroom with bathtub, built-in wardrobes and 3 balconies, and from one of them you can see a little of Meia Praia in the distance. On the communal terrace, from where you can enjoy the view over the city there is also a BBQ: The apartment needs some renovations and does not have an elevator. Condominium 30/month and IMI 244.12 / year
3 bedroom apartment for sale next to the Wall of Lagos, close to restaurants, shops, supermarkets and the beach. This 3 bedroom apartment, situated close to the Lagos Walls, has a great location, within walking distance of shops, restaurant, supermarkets and the beach. It has a kitchen, pantry, a sunroom converted into a laundry room, in the common room there is the possibility of building a fireplace, a bathroom with shower and the master bedroom with bathtub, built-in wardrobes and 3 balconies, and from one of them you can see a little of Meia Praia in the distance. On the communal terrace, from where you can enjoy the view over the city there is also a BBQ: The apartment needs some renovations and does not have an elevator. Condominium 30/month and IMI 244.12 / year
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Property on Map

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Currency Exchange

Lagos, Faro, Portugal, 8600-620

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 €275,000 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
€275,000 £228,767 £236,671 £7,904
Property Price € €275,000
Minimum cost in the last six months £228,767
Maximum cost in the last six months £236,671
Fluctuating exchange rates over the last six months could have increased the cost of this property by £7,904

Lagos, Faro, Portugal, 8600-620

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 €275,000 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
€275,000 £228,767 £236,671 £7,904
Property Price € €275,000
Minimum cost in the last six months £228,767
Maximum cost in the last six months £236,671
Fluctuating exchange rates over the last six months could have increased the cost of this property by £7,904

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 £7,904 more.

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