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Buy 4 bedroom townhouse for sale in the Lagos Historical centre, Algarve
Lagos, Portugal
REF: 833413
€480,000
Description
Situated in one of the most prestigious locations within Lagos historic center, this bright and spacious townhouse offers a rare combination of tranquility and vibrant city living. Nestled between the old convent and the historic auditorium, and backing onto the ancient walls that surround the city, the property provides a unique slice of authentic Portuguese charm, all while being mere steps away from the bustling commerce and activity of Lagos' center. The location is truly unbeatable, with multiple stunning beaches within walking distance, offering endless opportunities for seaside relaxation and exploration. The townhouse boasts an inviting layout spread over three levels, designed to maximize light with both eastern and western aspects. The ground floor features a welcoming living and dining room, a convenient W.C., and a kitchen that opens onto a charming west-facing courtyard. This outdoor space is perfect for alfresco dining and relaxing in the privacy of your own home. On the first floor, you'll find two spacious double bedrooms and a full bathroom, offering comfort and practicality. The third floor includes a versatile office or single bedroom, an additional double bedroom, and a shower room, providing ample space for guests, family, or work-from-home needs. With pre-installed central heating, this property is well-suited for year-round living, making it an excellent option for both summer getaways and cozy winter retreats. For investors, this townhouse is an exceptional opportunity. Its prime location, charm, and accessibility make it highly attractive for the rental market, ensuring a strong return on investment that is hard to match in this area. This property must be seen to be fully appreciated. Whether you re seeking a permanent residence, a vacation home, or a lucrative rental property, this townhouse in Lagos historic center offers a rare and valuable opportunity. Don't miss out on this exceptional piece of real estate in one of the Algarve's most desirable areas.
Situated in one of the most prestigious locations within Lagos historic center, this bright and spacious townhouse offers a rare combination of tranquility and vibrant city living. Nestled between the old convent and the historic auditorium, and backing onto the ancient walls that surround the city, the property provides a unique slice of authentic Portuguese charm, all while being mere steps away from the bustling commerce and activity of Lagos' center. The location is truly unbeatable, with multiple stunning beaches within walking distance, offering endless opportunities for seaside relaxation and exploration. The townhouse boasts an inviting layout spread over three levels, designed to maximize light with both eastern and western aspects. The ground floor features a welcoming living and dining room, a convenient W.C., and a kitchen that opens onto a charming west-facing courtyard. This outdoor space is perfect for alfresco dining and relaxing in the privacy of your own home. On the first floor, you'll find two spacious double bedrooms and a full bathroom, offering comfort and practicality. The third floor includes a versatile office or single bedroom, an additional double bedroom, and a shower room, providing ample space for guests, family, or work-from-home needs. With pre-installed central heating, this property is well-suited for year-round living, making it an excellent option for both summer getaways and cozy winter retreats. For investors, this townhouse is an exceptional opportunity. Its prime location, charm, and accessibility make it highly attractive for the rental market, ensuring a strong return on investment that is hard to match in this area. This property must be seen to be fully appreciated. Whether you re seeking a permanent residence, a vacation home, or a lucrative rental property, this townhouse in Lagos historic center offers a rare and valuable opportunity. Don't miss out on this exceptional piece of real estate in one of the Algarve's most desirable areas.
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Currency Exchange
Lagos, 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 €480,000 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 |
|---|---|---|---|
| €480,000 | £395,472 | £407,088 | £11,616 |
| Property Price € | €480,000 |
| Minimum cost in the last six months | £395,472 |
| Maximum cost in the last six months | £407,088 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,616 |
Lagos, 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 €480,000 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 |
|---|---|---|---|
| €480,000 | £395,472 | £407,088 | £11,616 |
| Property Price € | €480,000 |
| Minimum cost in the last six months | £395,472 |
| Maximum cost in the last six months | £407,088 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,616 |
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 £11,616 more.
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