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This stunning 3 bedroom apartment with sea views is set in the luxury condominium of Santa Maria 1, just ten minutes walk from the historic centre of Lagos
Lagos, Algarve, Portugal, 8600-609
REF: 897224
€699,000
Description
This stunning 3 bedroom apartment with sea views is set in the luxury condominium of Santa Maria 1, just ten minutes walk from the historic centre of Lagos.
Designed by renowned architect Mario Martins, it was built in 2021, and offers a high quality contemporary finish.
You enter the apartment into a fabulous open plan living and dining area. The kitchen is fully-equipped with Bosch appliances. Surrounded by a spacious wrap around terrace, which fills the open plan space with natural light, this is the ultimate in indoor outdoor living. There is plenty of space for both outdoor dining and relaxing and taking in the fantastic open views out to sea.
There are three double bedrooms with fitted wardrobes, all have en-suite bathrooms with walk in showers. They also have their own private balconies.
Owners also have access to communal amenities including an outdoor swimming pool, a sauna and a gym.
Further features include: air conditioning, underfloor heating, two designated parking spaces in the communal garage (one currently has a lockable storage unit for extra storage space).
This stunning apartment is the epitome of contemporary living with sea views and a prime location. Viewing is highly recommended!
This stunning 3 bedroom apartment with sea views is set in the luxury condominium of Santa Maria 1, just ten minutes walk from the historic centre of Lagos.
Designed by renowned architect Mario Martins, it was built in 2021, and offers a high quality contemporary finish.
You enter the apartment into a fabulous open plan living and dining area. The kitchen is fully-equipped with Bosch appliances. Surrounded by a spacious wrap around terrace, which fills the open plan space with natural light, this is the ultimate in indoor outdoor living. There is plenty of space for both outdoor dining and relaxing and taking in the fantastic open views out to sea.
There are three double bedrooms with fitted wardrobes, all have en-suite bathrooms with walk in showers. They also have their own private balconies.
Owners also have access to communal amenities including an outdoor swimming pool, a sauna and a gym.
Further features include: air conditioning, underfloor heating, two designated parking spaces in the communal garage (one currently has a lockable storage unit for extra storage space).
This stunning apartment is the epitome of contemporary living with sea views and a prime location. Viewing is highly recommended!
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Currency Exchange
Lagos, Algarve, Portugal, 8600-609
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 €699,000 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 |
|---|---|---|---|
| €699,000 | £578,989 | £600,756 | £21,767 |
| Property Price € | €699,000 |
| Minimum cost in the last six months | £578,989 |
| Maximum cost in the last six months | £600,756 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,767 |
Lagos, Algarve, Portugal, 8600-609
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 €699,000 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 |
|---|---|---|---|
| €699,000 | £578,989 | £600,756 | £21,767 |
| Property Price € | €699,000 |
| Minimum cost in the last six months | £578,989 |
| Maximum cost in the last six months | £600,756 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,767 |
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 £21,767 more.
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