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A beautiful and modern 1 bedroom apartment set in a closed condominium located in a very central area close to all amenities, beaches and the Marina of Lagos
Lagos, Algarve, Portugal, 8600-744
REF: 881020
€320,000
Description
A beautiful and modern 1 bedroom apartment set in a closed condominium located in a very central area close to all amenities, beaches and the Marina of Lagos.
The accommodation is beautiful and very well maintained comprising a living and dining area with doors that open to a southwest / west facing terrace, an open plan fitted kitchen with integrated appliances, a separate hall that leads to the double bedroom and a family bathroom.
The property includes a store room and an allocated parking space in the underground communal garage.
Further features include an inverted cooling and heating conditioning system, double glazing, electric shutters, and video entry system.
This property is ideal for a holiday home and a potential rental investment.
A beautiful and modern 1 bedroom apartment set in a closed condominium located in a very central area close to all amenities, beaches and the Marina of Lagos.
The accommodation is beautiful and very well maintained comprising a living and dining area with doors that open to a southwest / west facing terrace, an open plan fitted kitchen with integrated appliances, a separate hall that leads to the double bedroom and a family bathroom.
The property includes a store room and an allocated parking space in the underground communal garage.
Further features include an inverted cooling and heating conditioning system, double glazing, electric shutters, and video entry system.
This property is ideal for a holiday home and a potential rental investment.
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Currency Exchange
Lagos, Algarve, Portugal, 8600-744
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 €320,000 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 |
|---|---|---|---|
| €320,000 | £265,059 | £275,024 | £9,965 |
| Property Price € | €320,000 |
| Minimum cost in the last six months | £265,059 |
| Maximum cost in the last six months | £275,024 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,965 |
Lagos, Algarve, Portugal, 8600-744
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 €320,000 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 |
|---|---|---|---|
| €320,000 | £265,059 | £275,024 | £9,965 |
| Property Price € | €320,000 |
| Minimum cost in the last six months | £265,059 |
| Maximum cost in the last six months | £275,024 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,965 |
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 £9,965 more.
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