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Modern 2 bedroom, 2 bathroom apartment with distant sea view located on the 5th floor, which is the top floor, of a newly built block in Lagos
Lagos, Algarve, Portugal, 8600-609
REF: 833379
€699,000
Description
Modern 2 bedroom, 2 bathroom apartment with distant sea view located on the 5th floor, which is the top floor, of a newly built block in Lagos.
As you enter the apartment, the hall is equipped with fitted wooden storage cabinet, leading to a bright open plan living area with full equipped kitchen and dining area. As it is a corner apartment, this area leads out on a large south westerly facing balcony, boasting the sun all day.
There are 2 ensuite bedrooms to the rear of the property, both with fitted wardrobes and share a south facing balcony.
Other features include air-conditioning throughout the apartment for cooling and heating, underfloor heating, electric window blinds, washer, allocated parking space in the basement garage, and hard wired high speed internet.
As well as the outdoor swimming pool and children's swimming pool, there is also access to a gym.
This home is good rental investment, permanent residence or holiday home!
Modern 2 bedroom, 2 bathroom apartment with distant sea view located on the 5th floor, which is the top floor, of a newly built block in Lagos.
As you enter the apartment, the hall is equipped with fitted wooden storage cabinet, leading to a bright open plan living area with full equipped kitchen and dining area. As it is a corner apartment, this area leads out on a large south westerly facing balcony, boasting the sun all day.
There are 2 ensuite bedrooms to the rear of the property, both with fitted wardrobes and share a south facing balcony.
Other features include air-conditioning throughout the apartment for cooling and heating, underfloor heating, electric window blinds, washer, allocated parking space in the basement garage, and hard wired high speed internet.
As well as the outdoor swimming pool and children's swimming pool, there is also access to a gym.
This home is good rental investment, permanent residence or holiday home!
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Currency Exchange
Lagos, Algarve, Portugal, 8600-609
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 €699,000 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 |
|---|---|---|---|
| €699,000 | £578,989 | £600,756 | £21,767 |
| Property Price € | €699,000 |
| Minimum cost in the last six months | £578,989 |
| Maximum cost in the last six months | £600,756 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,767 |
Lagos, Algarve, Portugal, 8600-609
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 €699,000 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 |
|---|---|---|---|
| €699,000 | £578,989 | £600,756 | £21,767 |
| Property Price € | €699,000 |
| Minimum cost in the last six months | £578,989 |
| Maximum cost in the last six months | £600,756 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,767 |
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 £21,767 more.
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