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Terraced house with sea views, walking distance to the centre for sale in Praia da Luz
Lagos, Portugal
REF: 888631
€695,000
Description
If you have been looking for that one property, walking distance to the beach and centre, with sea views and reasonably priced, then you will not want to overlook this opportunity. This end linked villa, offers an excellent layout: On the ground floor you have the good-sized fully fitted kitchen, a bathroom and bright and spacious living area, with fire place, that opens on to the south facing terrace and plunge pool. Below there is the second sunny terrace ideal for Alfresco dining or lounging in the sun. On the first floor the three bedrooms are spacious, especially the master en-suite, which benefits of sea and black rock views. Below there Is the closed garage, with ample parking for one car, bicycles, and storage. The property comes fitted with air conditioning, pre-installation for central heating and electric shutters (in the living room). If you are looking for a rental property you will find it hard to find a property with a better yield potential.
If you have been looking for that one property, walking distance to the beach and centre, with sea views and reasonably priced, then you will not want to overlook this opportunity. This end linked villa, offers an excellent layout: On the ground floor you have the good-sized fully fitted kitchen, a bathroom and bright and spacious living area, with fire place, that opens on to the south facing terrace and plunge pool. Below there is the second sunny terrace ideal for Alfresco dining or lounging in the sun. On the first floor the three bedrooms are spacious, especially the master en-suite, which benefits of sea and black rock views. Below there Is the closed garage, with ample parking for one car, bicycles, and storage. The property comes fitted with air conditioning, pre-installation for central heating and electric shutters (in the living room). If you are looking for a rental property you will find it hard to find a property with a better yield potential.
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Currency Exchange
Lagos, 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 €695,000 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 |
|---|---|---|---|
| €695,000 | £575,675 | £597,318 | £21,642 |
| Property Price € | €695,000 |
| Minimum cost in the last six months | £575,675 |
| Maximum cost in the last six months | £597,318 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,642 |
Lagos, 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 €695,000 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 |
|---|---|---|---|
| €695,000 | £575,675 | £597,318 | £21,642 |
| Property Price € | €695,000 |
| Minimum cost in the last six months | £575,675 |
| Maximum cost in the last six months | £597,318 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,642 |
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 £21,642 more.
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