Fabulous signature 3 bedroom duplex apartment set in the heart of the renowned Palmares Golf Resort, just a short walk to the clubhouse

Lagos, Algarve, Portugal, 8600-001

For Sale

€1,450,000

£1,207,367
REF: 869000 €1,450,000

3

3


113 m2

Description

Fabulous signature 3 bedroom duplex apartment set in the heart of the renowned Palmares Golf Resort, just a short walk to the clubhouse. As you enter the home, you have 2 spacious bedrooms, one with en-suite bathroom, both with floor to ceiling windows. There is also a family bathroom to service the second bedroom.

From here to we lead onto the living space, with open plan living room, kitchen and dining space, this is the perfect area for entertainment. The sliding windows flow out on to a beautiful terrace and then a walk way leads you on to a larger terrace, perfect for soaking up the Algarve sunshine. On the upper level, you have an incredible master suite, which leads onto a private terrace with incredible views over the golf course, and out to sea. The apartment boasts 2 allocated parking spaces and a private storage area in the underground communal garage.

Further features include: underfloor heating, air-conditioning, and a centrally managed TV Multimedia Service. Palmares Beach and Golf Resort offers an award-winning golf course with 27 holes, a brand new clubhouse, a 5* Boutique hotel, and will host a new 5* International hotel with leisure facilities.
Fabulous signature 3 bedroom duplex apartment set in the heart of the renowned Palmares Golf Resort, just a short walk to the clubhouse. As you enter the home, you have 2 spacious bedrooms, one with en-suite bathroom, both with floor to ceiling windows. There is also a family bathroom to service the second bedroom.

From here to we lead onto the living space, with open plan living room, kitchen and dining space, this is the perfect area for entertainment. The sliding windows flow out on to a beautiful terrace and then a walk way leads you on to a larger terrace, perfect for soaking up the Algarve sunshine. On the upper level, you have an incredible master suite, which leads onto a private terrace with incredible views over the golf course, and out to sea. The apartment boasts 2 allocated parking spaces and a private storage area in the underground communal garage.

Further features include: underfloor heating, air-conditioning, and a centrally managed TV Multimedia Service. Palmares Beach and Golf Resort offers an award-winning golf course with 27 holes, a brand new clubhouse, a 5* Boutique hotel, and will host a new 5* International hotel with leisure facilities.
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Currency Exchange

Lagos, Algarve, Portugal, 8600-001

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 €1,450,000 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
€1,450,000 £1,201,050 £1,246,203 £45,153
Property Price € €1,450,000
Minimum cost in the last six months £1,201,050
Maximum cost in the last six months £1,246,203
Fluctuating exchange rates over the last six months could have increased the cost of this property by £45,153

Lagos, Algarve, Portugal, 8600-001

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 €1,450,000 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
€1,450,000 £1,201,050 £1,246,203 £45,153
Property Price € €1,450,000
Minimum cost in the last six months £1,201,050
Maximum cost in the last six months £1,246,203
Fluctuating exchange rates over the last six months could have increased the cost of this property by £45,153

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 £45,153 more.

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