This lovely 1 bedroom apartment, located on the ground floor, boasts a fantastic terrace, perfect for enjoying the Algarve sunshine

Lagos, Algarve, Portugal, 8600-000

For Sale

€290,000

REF: 835060 €290,000


1

1


46 m2

Description

This lovely 1 bedroom apartment, located on the ground floor, boasts a fantastic terrace, perfect for enjoying the Algarve sunshine. As you enter there is a equipped kitchen to the left, which is adjacent to the living dining space. There is a hatch connecting the 2 rooms, perfect for entertaining.

To the right of the apartment is the bedroom, with separate bathroom and storage cupboard. Both the living room and bedroom lead out on the terrace area, which has space for a large dining table, sun loungers and is home to a BBQ. Within the condominium, there are 2 swimming pools, one for adults and one for children, as well as a pitch and putt mini golf and a snack bar. This is a great investment, perfect for holiday rentals, or a long term rental client, or a home in the sun!
This lovely 1 bedroom apartment, located on the ground floor, boasts a fantastic terrace, perfect for enjoying the Algarve sunshine. As you enter there is a equipped kitchen to the left, which is adjacent to the living dining space. There is a hatch connecting the 2 rooms, perfect for entertaining.

To the right of the apartment is the bedroom, with separate bathroom and storage cupboard. Both the living room and bedroom lead out on the terrace area, which has space for a large dining table, sun loungers and is home to a BBQ. Within the condominium, there are 2 swimming pools, one for adults and one for children, as well as a pitch and putt mini golf and a snack bar. This is a great investment, perfect for holiday rentals, or a long term rental client, or a home in the sun!
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Property on Map

#BPA3361

Currency Exchange

Lagos, Algarve, Portugal, 8600-000

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 €290,000 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
€290,000 £240,210 £249,241 £9,031
Property Price € €290,000
Minimum cost in the last six months £240,210
Maximum cost in the last six months £249,241
Fluctuating exchange rates over the last six months could have increased the cost of this property by £9,031

Lagos, Algarve, Portugal, 8600-000

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 €290,000 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
€290,000 £240,210 £249,241 £9,031
Property Price € €290,000
Minimum cost in the last six months £240,210
Maximum cost in the last six months £249,241
Fluctuating exchange rates over the last six months could have increased the cost of this property by £9,031

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 £9,031 more.

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