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4 bedroom townhouse for sale in the Lagos Historical centre
Lagos, Portugal
REF: 833413
€480,000
Description
In one of the most prestigious areas of the Lagos historical center, where the the old convent meets the old auditorium, and baking on to the historical walls that suround the city center, this bright and spacious townhouse is privilidged with a quiet and peaceful piece of the real Portugal, whilst just a few steps to all the comerce and activity of the city center. The various beaches surounding Lagos are all within walking distance. Bright with both an eastern and a western aspect, the 3 floors are destribuited as follows: On ground floor you have the living and dining room, W.C. and a kirchen that opens on to the lovely western facing courtyard, where you can enjoy alfresco living in the privacy of your own home. On the first floor there are two double bedrooms and a bathroom and on the third floor there is a an office/single room, a double bedroom and a shower room. Central heating system is pre-installed, so can also be suitable for winter living. If you are looking to buy to let, you will find it hard to find a property that will offer you a better return on your investment. Must be viewed for full apreciation.
In one of the most prestigious areas of the Lagos historical center, where the the old convent meets the old auditorium, and baking on to the historical walls that suround the city center, this bright and spacious townhouse is privilidged with a quiet and peaceful piece of the real Portugal, whilst just a few steps to all the comerce and activity of the city center. The various beaches surounding Lagos are all within walking distance. Bright with both an eastern and a western aspect, the 3 floors are destribuited as follows: On ground floor you have the living and dining room, W.C. and a kirchen that opens on to the lovely western facing courtyard, where you can enjoy alfresco living in the privacy of your own home. On the first floor there are two double bedrooms and a bathroom and on the third floor there is a an office/single room, a double bedroom and a shower room. Central heating system is pre-installed, so can also be suitable for winter living. If you are looking to buy to let, you will find it hard to find a property that will offer you a better return on your investment. Must be viewed for full apreciation.
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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 | £397,589 | £412,536 | £14,947 |
| Property Price € | €480,000 |
| Minimum cost in the last six months | £397,589 |
| Maximum cost in the last six months | £412,536 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,947 |
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 | £397,589 | £412,536 | £14,947 |
| Property Price € | €480,000 |
| Minimum cost in the last six months | £397,589 |
| Maximum cost in the last six months | £412,536 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,947 |
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 £14,947 more.
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