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Gramacho Residences 1 Bed Apt
Lagoa, Faro, Portugal
REF: 837394
€140,000
Description
Room with private bathroom and terrace with access to the pool of the resort, located next to the Gramacho Golf course.
Nestled in the picturesque city of Lagoa, this stunning one-bedroom apartment offers a perfect blend of modern amenities and serene countryside views. Situated in a secure complex with 24-hour security and a private garage, this property is ideal for those seeking a peaceful yet convenient lifestyle.
The elevator provides easy access to the apartment, where double glazed windows flood the living space with natural light. Perfect for golf enthusiasts, this property boasts breathtaking views of the nearby golf course. With a B- energy certification, this apartment combines luxury and sustainability seamlessly. Don't miss the opportunity to own a piece of paradise in Lagoa's most coveted location.
Room with private bathroom and terrace with access to the pool of the resort, located next to the Gramacho Golf course.
Nestled in the picturesque city of Lagoa, this stunning one-bedroom apartment offers a perfect blend of modern amenities and serene countryside views. Situated in a secure complex with 24-hour security and a private garage, this property is ideal for those seeking a peaceful yet convenient lifestyle.
The elevator provides easy access to the apartment, where double glazed windows flood the living space with natural light. Perfect for golf enthusiasts, this property boasts breathtaking views of the nearby golf course. With a B- energy certification, this apartment combines luxury and sustainability seamlessly. Don't miss the opportunity to own a piece of paradise in Lagoa's most coveted location.
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Currency Exchange
Lagoa, 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 €140,000 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 |
|---|---|---|---|
| €140,000 | £115,963 | £120,323 | £4,360 |
| Property Price € | €140,000 |
| Minimum cost in the last six months | £115,963 |
| Maximum cost in the last six months | £120,323 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,360 |
Lagoa, 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 €140,000 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 |
|---|---|---|---|
| €140,000 | £115,963 | £120,323 | £4,360 |
| Property Price € | €140,000 |
| Minimum cost in the last six months | £115,963 |
| Maximum cost in the last six months | £120,323 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,360 |
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 £4,360 more.
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