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T2 apartment of 94
Lagos, Faro, Portugal
REF: 915796
€549,000
Description
T2 apartment of 94.70 m2 and 29.30 m2 of balconies, inserted in the condominium Palm Residence, construction that excels for quality and excellent finishes. Two bedrooms, one en suite, bathroom with shower base and column, wardrobe with lacquered doors in matt white and interior in melamine. Second WC with bath, column and guard. Open space kitchen equipped with Bosch appliances and large living room with access to a large terrace. Swimming pool at the top of the building, with automatic cover and pre-installation of heating. Garage with private parking space of 16.30 m2 in area. OTHER FEATURES - Electric underfloor heating - Samsung air conditioning - Solar panel - Central vacuum installed - Double glazing with aluminum frames with thermal break - Electric shutters - Interior doors lacquered in matt white - Careful landscape architecture around the building - Elevator Located in the beautiful city of Lagos, close to shops, services, schools, hospital and leisure spaces and just 5 min. drive from D. Ana, Pinhão, Camilo, Porto de Mós and others. Completion scheduled for the end of 2021. CONTACT FOR MORE INFORMATION # At IAD we share business with any consultant or real estate agency. We promote properties in more than 200 national and international real estate portals. If you are a professional in the sector and have a qualified buyer customer, contact me and schedule your visit. #ref: 40091
T2 apartment of 94.70 m2 and 29.30 m2 of balconies, inserted in the condominium Palm Residence, construction that excels for quality and excellent finishes. Two bedrooms, one en suite, bathroom with shower base and column, wardrobe with lacquered doors in matt white and interior in melamine. Second WC with bath, column and guard. Open space kitchen equipped with Bosch appliances and large living room with access to a large terrace. Swimming pool at the top of the building, with automatic cover and pre-installation of heating. Garage with private parking space of 16.30 m2 in area. OTHER FEATURES - Electric underfloor heating - Samsung air conditioning - Solar panel - Central vacuum installed - Double glazing with aluminum frames with thermal break - Electric shutters - Interior doors lacquered in matt white - Careful landscape architecture around the building - Elevator Located in the beautiful city of Lagos, close to shops, services, schools, hospital and leisure spaces and just 5 min. drive from D. Ana, Pinhão, Camilo, Porto de Mós and others. Completion scheduled for the end of 2021. CONTACT FOR MORE INFORMATION # At IAD we share business with any consultant or real estate agency. We promote properties in more than 200 national and international real estate portals. If you are a professional in the sector and have a qualified buyer customer, contact me and schedule your visit. #ref: 40091
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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 €549,000 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 |
|---|---|---|---|
| €549,000 | £452,321 | £471,838 | £19,517 |
| Property Price € | €549,000 |
| Minimum cost in the last six months | £452,321 |
| Maximum cost in the last six months | £471,838 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,517 |
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 €549,000 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 |
|---|---|---|---|
| €549,000 | £452,321 | £471,838 | £19,517 |
| Property Price € | €549,000 |
| Minimum cost in the last six months | £452,321 |
| Maximum cost in the last six months | £471,838 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,517 |
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 £19,517 more.
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