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Exclusive 2 bedroom and 2 bathroom apartment, situated on the ground floor of a prestigious condominium, less than 750 meters from Porto de Mós beach
Lagos, Algarve, Portugal, 8600-551
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REF: 830110
€475,000
Description
Exclusive 2 bedroom and 2 bathroom apartment, situated on the ground floor of a prestigious condominium, less than 750 meters from Porto de Mós beach.
Upon entering into the apartment, you are welcomed by an open plan living room and dining room seamlessly connected to a fully equipped kitchen boasting high-quality appliances.
The apartment comprises of two bedrooms with built-in wardrobes, one of which boasts its own bathroom. Each bedroom enjoys access to the east balcony, while the living room opens onto a west-facing balcony. The apartment is equipped with air conditioning, underfloor heating in the bathrooms, solar panels for hot water, electric shutters, and a central vacuum cleaner.
The condominium provides amenities such as a communal roof terrace, beautiful gardens, two outdoor swimming pools, a sauna, and a gym. Additionally, the apartment includes a private parking space in the garage. This presents a unique opportunity to acquire a fantastic apartment close to all amenities in Lagos, magnificent beaches, and golf courses.
Exclusive 2 bedroom and 2 bathroom apartment, situated on the ground floor of a prestigious condominium, less than 750 meters from Porto de Mós beach.
Upon entering into the apartment, you are welcomed by an open plan living room and dining room seamlessly connected to a fully equipped kitchen boasting high-quality appliances.
The apartment comprises of two bedrooms with built-in wardrobes, one of which boasts its own bathroom. Each bedroom enjoys access to the east balcony, while the living room opens onto a west-facing balcony. The apartment is equipped with air conditioning, underfloor heating in the bathrooms, solar panels for hot water, electric shutters, and a central vacuum cleaner.
The condominium provides amenities such as a communal roof terrace, beautiful gardens, two outdoor swimming pools, a sauna, and a gym. Additionally, the apartment includes a private parking space in the garage. This presents a unique opportunity to acquire a fantastic apartment close to all amenities in Lagos, magnificent beaches, and golf courses.
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Currency Exchange
Lagos, Algarve, Portugal, 8600-551
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 €475,000 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 |
|---|---|---|---|
| €475,000 | £393,447 | £408,239 | £14,792 |
| Property Price € | €475,000 |
| Minimum cost in the last six months | £393,447 |
| Maximum cost in the last six months | £408,239 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,792 |
Lagos, Algarve, Portugal, 8600-551
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 €475,000 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 |
|---|---|---|---|
| €475,000 | £393,447 | £408,239 | £14,792 |
| Property Price € | €475,000 |
| Minimum cost in the last six months | £393,447 |
| Maximum cost in the last six months | £408,239 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,792 |
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 £14,792 more.
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