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Luxury 3 Bedroom Apartments under Construction with Swimming Pool and Individual Garage
Lagos, Faro, Portugal, 8600-750
REF: 879639
€500,000
Description
Building of modern architecture and design of five floors, consisting of thirty apartments of type 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.
T3 with sale prices from 500,000 euros to 580,000 euros .
Garages with areas of 34.60 m2. Three-bedroom apartment
Located on Floor 0, with North/East solar orientation
It presents 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 with a distinctive multifunctional kitchen peninsula.
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. Two-tone thermal frames with double glazing and electric shutters.
Energy System & Air Conditioning
Equipped with a heat pump, split and duct air conditioning.
Hydraulic underfloor heating throughout the apartment provides a more uniform and efficient heating of the rooms. 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.
Rooftop
Swimming pool, leisure & social area, panoramic view over the city.
Outdoor Area/Rock Garden
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 type 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.
T3 with sale prices from 500,000 euros to 580,000 euros .
Garages with areas of 34.60 m2. Three-bedroom apartment
Located on Floor 0, with North/East solar orientation
It presents 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 with a distinctive multifunctional kitchen peninsula.
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. Two-tone thermal frames with double glazing and electric shutters.
Energy System & Air Conditioning
Equipped with a heat pump, split and duct air conditioning.
Hydraulic underfloor heating throughout the apartment provides a more uniform and efficient heating of the rooms. 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.
Rooftop
Swimming pool, leisure & social area, panoramic view over the city.
Outdoor Area/Rock Garden
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
Currency Exchange
Lagos, Faro, Portugal, 8600-750
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 €500,000 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 |
|---|---|---|---|
| €500,000 | £415,940 | £430,310 | £14,370 |
| Property Price € | €500,000 |
| Minimum cost in the last six months | £415,940 |
| Maximum cost in the last six months | £430,310 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,370 |
Lagos, Faro, Portugal, 8600-750
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 €500,000 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 |
|---|---|---|---|
| €500,000 | £415,940 | £430,310 | £14,370 |
| Property Price € | €500,000 |
| Minimum cost in the last six months | £415,940 |
| Maximum cost in the last six months | £430,310 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,370 |
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 £14,370 more.
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