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This 3 bedroom apartment enjoys stunning sea views and is in a prime location, walking distance to the beach and all amenities of Praia da Luz
Lagos, Algarve, Portugal, 8600-185
REF: 916643
€465,000
Description
This 3 bedroom apartment enjoys stunning sea views and is in a prime location, walking distance to the beach and all amenities of Praia da Luz.
Located in a small condominium, the property is set on two levels. As you enter from the upper floor, the entrance opens to a bright and spacious open living and dining room with a wood burning fireplace. Doors lead to a balcony, giving you the perfect spot to enjoy the fantastic sea views. There is also a fully equipped kitchen. There are two well appointed bedrooms with fitted wardrobes, and both share a family bathroom.
On the lower level there is a second open plan living and dining space, and another fully equipped kitchen. There is one bedroom and bathroom on this level, as well as a terrace area.
While currently used as a spacious duplex apartment, each level has a separate entrance, presenting an excellent opportunity to create two independent accommodations if desired.
The condominium has a large communal swimming pool, beautifully landscaped gardens, and lovely terrace areas, providing an inviting outdoor space.
With its prime location just a 15 minute walk to the beach, this apartment is in a fantastic, yet peaceful location. Viewing is highly recommended to appreciate the potential and charm that this apartment offers!
This 3 bedroom apartment enjoys stunning sea views and is in a prime location, walking distance to the beach and all amenities of Praia da Luz.
Located in a small condominium, the property is set on two levels. As you enter from the upper floor, the entrance opens to a bright and spacious open living and dining room with a wood burning fireplace. Doors lead to a balcony, giving you the perfect spot to enjoy the fantastic sea views. There is also a fully equipped kitchen. There are two well appointed bedrooms with fitted wardrobes, and both share a family bathroom.
On the lower level there is a second open plan living and dining space, and another fully equipped kitchen. There is one bedroom and bathroom on this level, as well as a terrace area.
While currently used as a spacious duplex apartment, each level has a separate entrance, presenting an excellent opportunity to create two independent accommodations if desired.
The condominium has a large communal swimming pool, beautifully landscaped gardens, and lovely terrace areas, providing an inviting outdoor space.
With its prime location just a 15 minute walk to the beach, this apartment is in a fantastic, yet peaceful location. Viewing is highly recommended to appreciate the potential and charm that this apartment offers!
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Currency Exchange
Lagos, Algarve, Portugal, 8600-185
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 €465,000 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 |
|---|---|---|---|
| €465,000 | £383,114 | £393,432 | £10,318 |
| Property Price € | €465,000 |
| Minimum cost in the last six months | £383,114 |
| Maximum cost in the last six months | £393,432 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,318 |
Lagos, Algarve, Portugal, 8600-185
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 €465,000 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 |
|---|---|---|---|
| €465,000 | £383,114 | £393,432 | £10,318 |
| Property Price € | €465,000 |
| Minimum cost in the last six months | £383,114 |
| Maximum cost in the last six months | £393,432 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,318 |
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 £10,318 more.
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