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Apartment T2 Sell in Lagoa e Carvoeiro,Lagoa (Algarve)
Lagoa (Algarve), Portugal
REF: 870094
€390,000
Description
Flat - 2 Bedrooms - Boa Nova - FerragudoIdeally located between Ferragudo and Carvoeiro, close to the luxurious future Quinta da Boa Nova Resort complex, come and discover this investment opportunity for rental or main residence, situated just 5 mins from the magnificent beaches and close to the famous golf courses, Pinta and Gramacho.This property is located in a private condominium, which offers its residents comfort and tranquillity. offers its residents comfort and tranquillity.The property has a spacious living/dining room with a fireplace, a fully equipped kitchen, 2 bedrooms, one of which is en suite with fitted wardrobes, and an additional bathroom. Both bathrooms have been renovated this year with modern showersThe property is very well maintained, having only been used by the owners for two to three months of the year.There are two terraces, one adjacent to the kitchen with a very sunny breakfast area or for an evening barbecue. The other terrace is accessible from the living room as well as the bedroom, very large and with a marvellous view of the Monchique mountains.The peaceful and quiet surroundings also offer excellent leisure facilities, including two tennis courts, a large swimming pool with access for people with reduced mobility and a fitness centre and spa are in preparation. The pool area is luxuriously equipped with sun loungers, seating areas, a bar/restaurant and a children's pool. There is a large car park and a private storage room.This flat is perfect for owner-occupiers or holiday rentals and combines comfort, tranquillity and proximity to local attractionsFeatures : Stunning views over the mountains and the River Arade Residential complex with access for residents only, door with individual code Air conditioning Alarm system Communal swimming pool
Flat - 2 Bedrooms - Boa Nova - FerragudoIdeally located between Ferragudo and Carvoeiro, close to the luxurious future Quinta da Boa Nova Resort complex, come and discover this investment opportunity for rental or main residence, situated just 5 mins from the magnificent beaches and close to the famous golf courses, Pinta and Gramacho.This property is located in a private condominium, which offers its residents comfort and tranquillity. offers its residents comfort and tranquillity.The property has a spacious living/dining room with a fireplace, a fully equipped kitchen, 2 bedrooms, one of which is en suite with fitted wardrobes, and an additional bathroom. Both bathrooms have been renovated this year with modern showersThe property is very well maintained, having only been used by the owners for two to three months of the year.There are two terraces, one adjacent to the kitchen with a very sunny breakfast area or for an evening barbecue. The other terrace is accessible from the living room as well as the bedroom, very large and with a marvellous view of the Monchique mountains.The peaceful and quiet surroundings also offer excellent leisure facilities, including two tennis courts, a large swimming pool with access for people with reduced mobility and a fitness centre and spa are in preparation. The pool area is luxuriously equipped with sun loungers, seating areas, a bar/restaurant and a children's pool. There is a large car park and a private storage room.This flat is perfect for owner-occupiers or holiday rentals and combines comfort, tranquillity and proximity to local attractionsFeatures : Stunning views over the mountains and the River Arade Residential complex with access for residents only, door with individual code Air conditioning Alarm system Communal swimming pool
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Currency Exchange
Lagoa (Algarve), 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 €390,000 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 |
|---|---|---|---|
| €390,000 | £324,402 | £335,642 | £11,240 |
| Property Price € | €390,000 |
| Minimum cost in the last six months | £324,402 |
| Maximum cost in the last six months | £335,642 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,240 |
Lagoa (Algarve), 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 €390,000 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 |
|---|---|---|---|
| €390,000 | £324,402 | £335,642 | £11,240 |
| Property Price € | €390,000 |
| Minimum cost in the last six months | £324,402 |
| Maximum cost in the last six months | £335,642 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,240 |
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 £11,240 more.
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