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Building for sale with 6 one-bedroom flats, swimming pool and sea view
Lagos, Faro, Portugal, 8600-146
REF: 898943
€3,150,000
Description
Take this opportunity and own a complete building in the heart of Praia da Luz This luxurious new building offers the perfect balance between elegance and modernity, with 6 one-bedroom flats spread over 3 floors and a basement. With a gross floor area of 399m and a plot area of 498.9m , this property has plenty of space to enjoy comfort and privacy.
Located 200 metres away from the beach, golf courses, restaurants and shops, this building in Praia da Luz is the right choice for those who want to own an entire gated community and be able to rent or resell the units.
It is sold and delivered fully completed, furnished and equipped, ready to move into or rent out. All the units are fully furnished, including decoration, crockery and kitchen utensils, bathroom towels and home linen.
The ground floor units have a direct individual connection to the garage in an isolated space.
The 1st floor apartments have large balconies and good sea views.
The 2nd floor apartments have a direct individual connection to the rooftop, with Panoramic Terrace and Sea View with Jacuzzi.
Equipment:
Air conditioning installed in all rooms.
Electric towel radiators in bathrooms.
Underfloor heating - Underfloor heating installed in bedrooms, lounge and kitchen.
Central vacuum system.
Heat pump for underfloor heating and hot water for bathrooms and kitchen.
Photovoltaic panels on the roof to produce electricity.
Domestic appliances:
Ceramic or Induction hob.
Electric oven.
Microwave oven.
Extractor fan.
Washing Machine.
Dishwasher.
Fridge freezer.
Take this opportunity and own a complete building in the heart of Praia da Luz This luxurious new building offers the perfect balance between elegance and modernity, with 6 one-bedroom flats spread over 3 floors and a basement. With a gross floor area of 399m and a plot area of 498.9m , this property has plenty of space to enjoy comfort and privacy.
Located 200 metres away from the beach, golf courses, restaurants and shops, this building in Praia da Luz is the right choice for those who want to own an entire gated community and be able to rent or resell the units.
It is sold and delivered fully completed, furnished and equipped, ready to move into or rent out. All the units are fully furnished, including decoration, crockery and kitchen utensils, bathroom towels and home linen.
The ground floor units have a direct individual connection to the garage in an isolated space.
The 1st floor apartments have large balconies and good sea views.
The 2nd floor apartments have a direct individual connection to the rooftop, with Panoramic Terrace and Sea View with Jacuzzi.
Equipment:
Air conditioning installed in all rooms.
Electric towel radiators in bathrooms.
Underfloor heating - Underfloor heating installed in bedrooms, lounge and kitchen.
Central vacuum system.
Heat pump for underfloor heating and hot water for bathrooms and kitchen.
Photovoltaic panels on the roof to produce electricity.
Domestic appliances:
Ceramic or Induction hob.
Electric oven.
Microwave oven.
Extractor fan.
Washing Machine.
Dishwasher.
Fridge freezer.
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Property on Map
Currency Exchange
Lagos, Faro, Portugal, 8600-146
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 €3,150,000 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 |
|---|---|---|---|
| €3,150,000 | £2,609,177 | £2,707,268 | £98,091 |
| Property Price € | €3,150,000 |
| Minimum cost in the last six months | £2,609,177 |
| Maximum cost in the last six months | £2,707,268 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £98,091 |
Lagos, Faro, Portugal, 8600-146
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 €3,150,000 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 |
|---|---|---|---|
| €3,150,000 | £2,609,177 | £2,707,268 | £98,091 |
| Property Price € | €3,150,000 |
| Minimum cost in the last six months | £2,609,177 |
| Maximum cost in the last six months | £2,707,268 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £98,091 |
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 £98,091 more.
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