Luxury apartments under construction with swimming pool and individual garages

Lagos, Faro, Portugal, 8600-750 lagos

For Sale

€420,000

REF: 879638 €420,000


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2

Description

Building of modern architecture and design of five floors, consisting of thirty apartments of typology, T2 and T3, with individual garages, swimming pool and leisure area on the roof. Designed to reflect contemporary standards of quality of life and lifestyle. Located in the center of the municipality of Lagos, in a quiet area, with excellent accessibility and good urban mobility conditions. T2 from 420,000 to 480,000 euros, with construction areas from 123 m2 to 145 m2. garage box: area 24...

The apartments have finishes of exceptional quality and elegance, good areas and versatile spaces based on the open floor plan concept, promoting a pleasant and bright environment, facilitating circulation and socializing. Kitchen Equipped with built-in appliances that favor aesthetics and functionalism.

Includes induction hob, oven, microwave, wall extractor hood, combination fridge, MLL, MLR and MSR AEG brand (or equivalent). Functional and spacious kitchen cabinets. Bathrooms Ceramic lined, ceramic table top style washbasin with stone top cabinet, shower trays, suspended sanitary ware and mirror. Living Room, Bedrooms & Circulation False ceilings with built-in LED lighting, painted stucco walls. Doors & Windows Fire safety door, video intercom system, blank interior doors and automated garage doors. Thermal frames with double glazing and electric shutters. Energy System & Air Conditioning Equipped with a heat pump, split and ducted air conditioning, hydraulic underfloor heating. Controlled mechanical ventilation (VMC) system, allows permanent and effective ventilation, promotes indoor air quality and prevents the accumulation of moisture. Balconies Good areas, glass guards that highlight the modern and elegant architecture of the building, allow you to take advantage of the natural light and enjoy the magnificent Algarve climate. Penthouse / Rooftop Swimming pool, leisure & social area, panoramic view over the city. Outdoor Area Exterior arrangements with green spaces adjacent to the building in order to create a quality environment and greater visual richness. Completion of the work scheduled for the first quarter of 2025.
Building of modern architecture and design of five floors, consisting of thirty apartments of typology, T2 and T3, with individual garages, swimming pool and leisure area on the roof. Designed to reflect contemporary standards of quality of life and lifestyle. Located in the center of the municipality of Lagos, in a quiet area, with excellent accessibility and good urban mobility conditions. T2 from 420,000 to 480,000 euros, with construction areas from 123 m2 to 145 m2. garage box: area 24...

The apartments have finishes of exceptional quality and elegance, good areas and versatile spaces based on the open floor plan concept, promoting a pleasant and bright environment, facilitating circulation and socializing. Kitchen Equipped with built-in appliances that favor aesthetics and functionalism.

Includes induction hob, oven, microwave, wall extractor hood, combination fridge, MLL, MLR and MSR AEG brand (or equivalent). Functional and spacious kitchen cabinets. Bathrooms Ceramic lined, ceramic table top style washbasin with stone top cabinet, shower trays, suspended sanitary ware and mirror. Living Room, Bedrooms & Circulation False ceilings with built-in LED lighting, painted stucco walls. Doors & Windows Fire safety door, video intercom system, blank interior doors and automated garage doors. Thermal frames with double glazing and electric shutters. Energy System & Air Conditioning Equipped with a heat pump, split and ducted air conditioning, hydraulic underfloor heating. Controlled mechanical ventilation (VMC) system, allows permanent and effective ventilation, promotes indoor air quality and prevents the accumulation of moisture. Balconies Good areas, glass guards that highlight the modern and elegant architecture of the building, allow you to take advantage of the natural light and enjoy the magnificent Algarve climate. Penthouse / Rooftop Swimming pool, leisure & social area, panoramic view over the city. Outdoor Area Exterior arrangements with green spaces adjacent to the building in order to create a quality environment and greater visual richness. Completion of the work scheduled for the first quarter of 2025.
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Property on Map

#02-AC105A

Currency Exchange

Lagos, Faro, Portugal, 8600-750 lagos

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 €420,000 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
€420,000 £347,890 £360,969 £13,079
Property Price € €420,000
Minimum cost in the last six months £347,890
Maximum cost in the last six months £360,969
Fluctuating exchange rates over the last six months could have increased the cost of this property by £13,079

Lagos, Faro, Portugal, 8600-750 lagos

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 €420,000 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
€420,000 £347,890 £360,969 £13,079
Property Price € €420,000
Minimum cost in the last six months £347,890
Maximum cost in the last six months £360,969
Fluctuating exchange rates over the last six months could have increased the cost of this property by £13,079

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 £13,079 more.

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