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Stunning 3 bed apartment on St James - Luz
Lagos, Faro, Portugal
REF: 900165
€490,000
Description
Located on the St James resort in Luz, is this wonderful 3 bed apartment with amazing views. If you are looking for a 3 bed apartment with ample space, amazing views, excellent position and well looked after in Praia da Luz, then you do not need to look any further. This 3 bed is ready to move into tomorrow, and walking through that front door and getting the most amazing view really makes it.
This a property worth viewing. Having a lift to all levels makes this apartment so easy to access.
The apartment is also a member of the communal pool area, which in St James is truly a wonderful pool area. With a local gym within the resort and restaraunts and bars just foot steps away, where better could you invest into, so that you can get the best out of your holidays or full time living space.
The property comes with pre installation for A/C, but being up a floor does give you that gentle breeze that you need in the summer months.
St James resort is just 500 mtrs from the nearset shopping centre and just a 5 min walk to the beach of Luz.
Condominium fee: 2.154 per annum.
Located on the St James resort in Luz, is this wonderful 3 bed apartment with amazing views. If you are looking for a 3 bed apartment with ample space, amazing views, excellent position and well looked after in Praia da Luz, then you do not need to look any further. This 3 bed is ready to move into tomorrow, and walking through that front door and getting the most amazing view really makes it.
This a property worth viewing. Having a lift to all levels makes this apartment so easy to access.
The apartment is also a member of the communal pool area, which in St James is truly a wonderful pool area. With a local gym within the resort and restaraunts and bars just foot steps away, where better could you invest into, so that you can get the best out of your holidays or full time living space.
The property comes with pre installation for A/C, but being up a floor does give you that gentle breeze that you need in the summer months.
St James resort is just 500 mtrs from the nearset shopping centre and just a 5 min walk to the beach of Luz.
Condominium fee: 2.154 per annum.
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Currency Exchange
Lagos, Faro, 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 €490,000 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 |
|---|---|---|---|
| €490,000 | £405,872 | £421,131 | £15,259 |
| Property Price € | €490,000 |
| Minimum cost in the last six months | £405,872 |
| Maximum cost in the last six months | £421,131 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,259 |
Lagos, Faro, 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 €490,000 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 |
|---|---|---|---|
| €490,000 | £405,872 | £421,131 | £15,259 |
| Property Price € | €490,000 |
| Minimum cost in the last six months | £405,872 |
| Maximum cost in the last six months | £421,131 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,259 |
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 £15,259 more.
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