Elegant two-bedroom flat with garage located in the Marina of Lagos, one of the noblest areas in the city of Lagos

Lagos, Faro, Portugal

For Sale

€470,000

REF: 833525 €470,000


2

2

139 m2

Description

Elegant two-bedroom flat with garage located in the Marina of Lagos, one of the noblest areas in the city of Lagos. The Vasco da Gama building enjoys a privileged location due to its tranquillity and at the same time is close to everything, with pedestrian access to all the services, shops and restaurants in the city centre.

São Roque beach is 1 kilometre away, just a 15-minute walk. Just a few minutes by car you can reach the famous Meia Praia beach, renowned golf courses such as Boavista Golf and Spa Resort and Palmares Ocean Living and Golf. The flat is on the first floor with a lift. Facing south-east, it enjoys ideal sun exposure for all seasons.

All the rooms have large sliding windows with direct access to the large 25.9 m2 balcony, which allows you to enjoy plenty of natural light and a beautiful open view of the Marina. Ideally designed, the flat comprises an entrance hall that gives access to the living and dining room, the furnished and equipped kitchen, the two large bedrooms, one of them en suite with a private bathroom, plus a second family bathroom.

Perfectly equipped with double glazing, shutters, pre-installed air conditioning, electric radiator heating, plenty of storage and built-in wardrobes, the flat is ideal for both holidays and permanent residence. In the basement of the building, there is a parking space that belongs to the fraction.

The flat is sold furnished and ready to move into. Ideal for those looking for a more exclusive holiday location, or a secondary or main residence, and/or for investment with various monetisation options. Don't hesitate to book your visit, contact us. Gross construction area: 139.7 m2 Gross private area: 98.8 m2 Gross dependent area: 40.9 m2 Living room: 25.8 m2 I Kitchen: 7.2 m2 I Bedroom 1: 14.2 m2 I Bedroom 2 (en suite): 18.9 m2 Bathroom 1: 2.6 m2 I Bathroom 2: 3.7 m2 Circulation: 10.2 m2 I Balcony: 25.8 m2 In 2024, Marina de Lagos celebrates its 30th anniversary, a remarkable milestone.

Distinguished by the world's most important organisations in the sector, it prides itself on the comfort and security of its facilities as a safe haven for more than 40,000 boats. Located in the Bay of Lagos, with some of the best beaches in the world and perfect waters for sailing, Marina de Lagos has the privilege of being side by side with the historic centre of the city that was the cradle of the Portuguese Discoveries.

The city of Lagos is 78 kilometres from the district capital, Faro, and 37 km from Cabo de S. Vicente, on the coast of the vast and beautiful bay of the same name, near the mouth of the Bensafrim stream. It is made up of a series of beautiful beaches that appear between the folds of rock that the sea has painstakingly broken away.

It is because of the yellowish colour of the rocks that line this coastline that it is called the Gold Coast. Since time immemorial, Lagos has been a city rich in history and natural beauty, well preserved, with ample pedestrian areas, parks and little nooks and crannies full of colour and life that invite you to set out and discover them.

Enclosed within its walls, Lagos is one of the cosiest shelters on the Portuguese coast. Its narrow streets reveal a past full of mystery and discoveries decorated in gold and ivory. Almost all of them lead to pleasant squares and gardens, some with terraces that allow you to enjoy the mystical atmosphere that surrounds the city.

At IAD we share business with any property consultant or agency. We promote properties on more than 200 national and international property portals. If you are a professional in the sector and have a qualified buyer client, contact me and arrange a viewing. We are 100% available, by phone or email, to provide you with any further information about this property and to schedule a more detailed visit, either online or on site. #ref: 119099
Elegant two-bedroom flat with garage located in the Marina of Lagos, one of the noblest areas in the city of Lagos. The Vasco da Gama building enjoys a privileged location due to its tranquillity and at the same time is close to everything, with pedestrian access to all the services, shops and restaurants in the city centre.

São Roque beach is 1 kilometre away, just a 15-minute walk. Just a few minutes by car you can reach the famous Meia Praia beach, renowned golf courses such as Boavista Golf and Spa Resort and Palmares Ocean Living and Golf. The flat is on the first floor with a lift. Facing south-east, it enjoys ideal sun exposure for all seasons.

All the rooms have large sliding windows with direct access to the large 25.9 m2 balcony, which allows you to enjoy plenty of natural light and a beautiful open view of the Marina. Ideally designed, the flat comprises an entrance hall that gives access to the living and dining room, the furnished and equipped kitchen, the two large bedrooms, one of them en suite with a private bathroom, plus a second family bathroom.

Perfectly equipped with double glazing, shutters, pre-installed air conditioning, electric radiator heating, plenty of storage and built-in wardrobes, the flat is ideal for both holidays and permanent residence. In the basement of the building, there is a parking space that belongs to the fraction.

The flat is sold furnished and ready to move into. Ideal for those looking for a more exclusive holiday location, or a secondary or main residence, and/or for investment with various monetisation options. Don't hesitate to book your visit, contact us. Gross construction area: 139.7 m2 Gross private area: 98.8 m2 Gross dependent area: 40.9 m2 Living room: 25.8 m2 I Kitchen: 7.2 m2 I Bedroom 1: 14.2 m2 I Bedroom 2 (en suite): 18.9 m2 Bathroom 1: 2.6 m2 I Bathroom 2: 3.7 m2 Circulation: 10.2 m2 I Balcony: 25.8 m2 In 2024, Marina de Lagos celebrates its 30th anniversary, a remarkable milestone.

Distinguished by the world's most important organisations in the sector, it prides itself on the comfort and security of its facilities as a safe haven for more than 40,000 boats. Located in the Bay of Lagos, with some of the best beaches in the world and perfect waters for sailing, Marina de Lagos has the privilege of being side by side with the historic centre of the city that was the cradle of the Portuguese Discoveries.

The city of Lagos is 78 kilometres from the district capital, Faro, and 37 km from Cabo de S. Vicente, on the coast of the vast and beautiful bay of the same name, near the mouth of the Bensafrim stream. It is made up of a series of beautiful beaches that appear between the folds of rock that the sea has painstakingly broken away.

It is because of the yellowish colour of the rocks that line this coastline that it is called the Gold Coast. Since time immemorial, Lagos has been a city rich in history and natural beauty, well preserved, with ample pedestrian areas, parks and little nooks and crannies full of colour and life that invite you to set out and discover them.

Enclosed within its walls, Lagos is one of the cosiest shelters on the Portuguese coast. Its narrow streets reveal a past full of mystery and discoveries decorated in gold and ivory. Almost all of them lead to pleasant squares and gardens, some with terraces that allow you to enjoy the mystical atmosphere that surrounds the city.

At IAD we share business with any property consultant or agency. We promote properties on more than 200 national and international property portals. If you are a professional in the sector and have a qualified buyer client, contact me and arrange a viewing. We are 100% available, by phone or email, to provide you with any further information about this property and to schedule a more detailed visit, either online or on site. #ref: 119099
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Property on Map

#119099

Currency Exchange

Lagos, Faro, 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 €470,000 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
€470,000 £394,480 £405,403 £10,923
Property Price € €470,000
Minimum cost in the last six months £394,480
Maximum cost in the last six months £405,403
Fluctuating exchange rates over the last six months could have increased the cost of this property by £10,923

Lagos, Faro, 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 €470,000 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
€470,000 £394,480 £405,403 £10,923
Property Price € €470,000
Minimum cost in the last six months £394,480
Maximum cost in the last six months £405,403
Fluctuating exchange rates over the last six months could have increased the cost of this property by £10,923

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 £10,923 more.

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