Stunning 2 bedroom apartment, situated on the second floor of a building with lift in Lagos, Algarve, boasting an enviable location

Lagos, Algarve, Portugal, 8600-744

For Sale

€399,000

REF: 882251 €399,000


2

2

100 m2

Description

Stunning 2 bedroom apartment, situated on the second floor of a building with lift in Lagos, Algarve, boasting an enviable location. As you step into the apartment, you are greeted by the entrance leading on the left to a very bright living room. A modern, fully-equipped open kitchen adds a contemporary touch.

The living room layout is designed to accommodate a dining area and a cozy lounge space. On the right-hand side, you'll find the bedrooms. The master bedroom features a large bathroom equipped a bathtub. There is also a guest bedroom and guest bathroom featured with a shower. Both bedroom are equipped with fitted wardrobes.

The standout feature of this apartment is its large spacious southwest facing balcony ensuring natural light floods in throughout the day. The apartment comes with a parking space in the basement. Furthermore, the building include a communal room and a communal roof top with breath taking views of the marina and the ocean. Boasting an ideal location, the apartment is a mere 5-minute walk from the Marina, to the city centre, and just a 10-minute walk to the beach.
Stunning 2 bedroom apartment, situated on the second floor of a building with lift in Lagos, Algarve, boasting an enviable location. As you step into the apartment, you are greeted by the entrance leading on the left to a very bright living room. A modern, fully-equipped open kitchen adds a contemporary touch.

The living room layout is designed to accommodate a dining area and a cozy lounge space. On the right-hand side, you'll find the bedrooms. The master bedroom features a large bathroom equipped a bathtub. There is also a guest bedroom and guest bathroom featured with a shower. Both bedroom are equipped with fitted wardrobes.

The standout feature of this apartment is its large spacious southwest facing balcony ensuring natural light floods in throughout the day. The apartment comes with a parking space in the basement. Furthermore, the building include a communal room and a communal roof top with breath taking views of the marina and the ocean. Boasting an ideal location, the apartment is a mere 5-minute walk from the Marina, to the city centre, and just a 10-minute walk to the beach.
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Property on Map

#BPA3376

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 €399,000 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
€399,000 £330,496 £342,921 £12,425
Property Price € €399,000
Minimum cost in the last six months £330,496
Maximum cost in the last six months £342,921
Fluctuating exchange rates over the last six months could have increased the cost of this property by £12,425

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 €399,000 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
€399,000 £330,496 £342,921 £12,425
Property Price € €399,000
Minimum cost in the last six months £330,496
Maximum cost in the last six months £342,921
Fluctuating exchange rates over the last six months could have increased the cost of this property by £12,425

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 £12,425 more.

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