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In a block of apartments with three floors, there is this property on the top floor, located in a quiet residential area, with a terrace and fantastic views of the city, in Lagos, Algarve
Lagos, Portugal
REF: 837864
€375,000
Description
In a block of apartments with three floors, there is this property on the top floor, located in a quiet residential area, with a terrace and fantastic views of the city, in Lagos, Algarve. The apartment features two bedrooms, one of which is en suite. The fully equipped kitchen has plenty of storage space and a space for quick meals. The large living room has a fireplace, which makes the space very comfortable on more fresh days. From the living room, there is access to the balcony. There are two bathrooms, one with a bathtub and the other with a shower. The apartment is equipped with air conditioning in all rooms and has a parking space and a storage room in the basement. Interest point of this apartment is the spacious rooftop, which in addition to having a barbecue area, you can take advantage of the excellent mild local weather with outdoor meals and leisure space, framed by the pleasant city's view. With an excellent location, it's a good investment for permanent residence or vacation. It is within walking distance of the city center, where you can find services and shops, restaurants and a variety of leisure activities. With good access to the N125 national road, the A22 highway and around 50 minutes from Faro International Airport. CHARACTERISTICS:Plot Area: 600 m2 | 6 458 sq ftArea: 176 m2 | 1 898 sq ftUseful area: 97 m2 | 1 046 sq ftBedrooms: 2Bathrooms: 2Garage: 1Energy efficiency: CFEATURES:2 bedrooms Equipped kitchen Fireplace Balcony Rooftop Storage area Garage Air Conditioning Internationally awarded, LUXIMOS Christie's presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage. LUXIMOS Christie's is the exclusive affiliate of Christie s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal. Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina. LIc AMI 9063
In a block of apartments with three floors, there is this property on the top floor, located in a quiet residential area, with a terrace and fantastic views of the city, in Lagos, Algarve. The apartment features two bedrooms, one of which is en suite. The fully equipped kitchen has plenty of storage space and a space for quick meals. The large living room has a fireplace, which makes the space very comfortable on more fresh days. From the living room, there is access to the balcony. There are two bathrooms, one with a bathtub and the other with a shower. The apartment is equipped with air conditioning in all rooms and has a parking space and a storage room in the basement. Interest point of this apartment is the spacious rooftop, which in addition to having a barbecue area, you can take advantage of the excellent mild local weather with outdoor meals and leisure space, framed by the pleasant city's view. With an excellent location, it's a good investment for permanent residence or vacation. It is within walking distance of the city center, where you can find services and shops, restaurants and a variety of leisure activities. With good access to the N125 national road, the A22 highway and around 50 minutes from Faro International Airport. CHARACTERISTICS:Plot Area: 600 m2 | 6 458 sq ftArea: 176 m2 | 1 898 sq ftUseful area: 97 m2 | 1 046 sq ftBedrooms: 2Bathrooms: 2Garage: 1Energy efficiency: CFEATURES:2 bedrooms Equipped kitchen Fireplace Balcony Rooftop Storage area Garage Air Conditioning Internationally awarded, LUXIMOS Christie's presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage. LUXIMOS Christie's is the exclusive affiliate of Christie s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal. Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina. LIc AMI 9063
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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 €375,000 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 |
|---|---|---|---|
| €375,000 | £310,616 | £322,294 | £11,678 |
| Property Price € | €375,000 |
| Minimum cost in the last six months | £310,616 |
| Maximum cost in the last six months | £322,294 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,678 |
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 €375,000 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 |
|---|---|---|---|
| €375,000 | £310,616 | £322,294 | £11,678 |
| Property Price € | €375,000 |
| Minimum cost in the last six months | £310,616 |
| Maximum cost in the last six months | £322,294 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,678 |
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 £11,678 more.
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