This spacious apartment is situated on the 4th floor of a centrally located building in Lagos, featuring convenient lift access

Lagos, Algarve, Portugal, 8600-716

For Sale

€290,000

REF: 837521 €290,000


3

2

117 m2

Description

This spacious apartment is situated on the 4th floor of a centrally located building in Lagos, featuring convenient lift access. As you enter the apartment, you are greeted by a generously sized hallway that leads to both the kitchen and the living room. The fully fitted kitchen includes modern appliances and has access to an enclosed terrace where the washing machine is located.

Additionally, there is a sizable separate storage room at the entrance of the hallway. The living and dining area is well-proportioned and opens onto a south-facing balcony, offering stunning views over the city. To the left of the hallway, you will find three double bedrooms. The first two bedrooms also have access to the shared living room balcony, and all bedrooms come with fitted wardrobes.

The apartment also features two large family bathrooms. Ideally located, this spacious apartment is perfect for year-round residency but also presents a great rental opportunity due to its proximity and walking distance to all amenities and the city centre. Situated on the 4th floor of a building with lift access, this apartment combines convenience with comfort.
This spacious apartment is situated on the 4th floor of a centrally located building in Lagos, featuring convenient lift access. As you enter the apartment, you are greeted by a generously sized hallway that leads to both the kitchen and the living room. The fully fitted kitchen includes modern appliances and has access to an enclosed terrace where the washing machine is located.

Additionally, there is a sizable separate storage room at the entrance of the hallway. The living and dining area is well-proportioned and opens onto a south-facing balcony, offering stunning views over the city. To the left of the hallway, you will find three double bedrooms. The first two bedrooms also have access to the shared living room balcony, and all bedrooms come with fitted wardrobes.

The apartment also features two large family bathrooms. Ideally located, this spacious apartment is perfect for year-round residency but also presents a great rental opportunity due to its proximity and walking distance to all amenities and the city centre. Situated on the 4th floor of a building with lift access, this apartment combines convenience with comfort.
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Property on Map

#BPA3362

Currency Exchange

Lagos, Algarve, Portugal, 8600-716

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, 8600-716

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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