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This elegant new penthouse flat occupies a privileged central location, just a few steps from the Lagos Marina, and a short walk from the historic city centre and the fantastic Meia Praia beach
Lagos, Algarve, Portugal, 8600-302
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REF: 850939
€1,300,000
Description
This elegant new penthouse flat occupies a privileged central location, just a few steps from the Lagos Marina, and a short walk from the historic city centre and the fantastic Meia Praia beach.
The design is luxurious and contemporary, with an open-plan kitchen, floor-to-ceiling and wall-to-wall windows creating a continuous flow to the wonderfully generous balcony, positioned to maximise indoor-outdoor living, along with the stunning panoramic views of the marina and out to sea. There is even a private roof terrace with its own jacuzzi.
The interior living areas are fantastically spacious, as are the balconies which face south-east, benefiting from sunlight from morning until late afternoon.
The finishes are of the highest quality, and the apartment is equipped with underfloor heating, fully installed air conditioning, a smart home system including video intercom, fibre optic cable for wi-fi, double glazing, electric shutters and a central vacuum system. Parking is safe and secure in a communal garage with 2 parking spaces, plus a private storage room.
The apartment has use of luxury communal facilities, including a fully equipped gym, heated indoor pool, sauna and jacuzzi, plus a large outdoor pool and terrace, and a wonderful communal roof terrace.
This contemporary penthouse property is in an excellent central location with stunning views, and would make a fantastic home or rental investment. A visit is highly recommended!
This elegant new penthouse flat occupies a privileged central location, just a few steps from the Lagos Marina, and a short walk from the historic city centre and the fantastic Meia Praia beach.
The design is luxurious and contemporary, with an open-plan kitchen, floor-to-ceiling and wall-to-wall windows creating a continuous flow to the wonderfully generous balcony, positioned to maximise indoor-outdoor living, along with the stunning panoramic views of the marina and out to sea. There is even a private roof terrace with its own jacuzzi.
The interior living areas are fantastically spacious, as are the balconies which face south-east, benefiting from sunlight from morning until late afternoon.
The finishes are of the highest quality, and the apartment is equipped with underfloor heating, fully installed air conditioning, a smart home system including video intercom, fibre optic cable for wi-fi, double glazing, electric shutters and a central vacuum system. Parking is safe and secure in a communal garage with 2 parking spaces, plus a private storage room.
The apartment has use of luxury communal facilities, including a fully equipped gym, heated indoor pool, sauna and jacuzzi, plus a large outdoor pool and terrace, and a wonderful communal roof terrace.
This contemporary penthouse property is in an excellent central location with stunning views, and would make a fantastic home or rental investment. A visit is highly recommended!
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Currency Exchange
Lagos, Algarve, Portugal, 8600-302
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 €1,300,000 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 |
|---|---|---|---|
| €1,300,000 | £1,076,803 | £1,117,285 | £40,482 |
| Property Price € | €1,300,000 |
| Minimum cost in the last six months | £1,076,803 |
| Maximum cost in the last six months | £1,117,285 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £40,482 |
Lagos, Algarve, Portugal, 8600-302
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 €1,300,000 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 |
|---|---|---|---|
| €1,300,000 | £1,076,803 | £1,117,285 | £40,482 |
| Property Price € | €1,300,000 |
| Minimum cost in the last six months | £1,076,803 |
| Maximum cost in the last six months | £1,117,285 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £40,482 |
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 £40,482 more.
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