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Beautiful 2-Bedroom Duplex Apartment for Sale with Stunning Sea Views in Praia da Luz This exceptional 2-bedroom duplex apartment is located in the sought-after area of Praia da Luz, offering breathtaking panoramic views of the sea, beach, and the black rock
Lagos, Faro, Portugal
REF: 924713
€495,000
Description
Beautiful 2-Bedroom Duplex Apartment for Sale with Stunning Sea Views in Praia da Luz This exceptional 2-bedroom duplex apartment is located in the sought-after area of Praia da Luz, offering breathtaking panoramic views of the sea, beach, and the black rock. Currently undergoing a complete renovation, this apartment boasts a contemporary style and high-end finishes, with great potential to create a modern, light-filled space close to the ocean. Apartment Features: •Bedrooms: 2 bedrooms, one with an en-suite bathroom (suite) and the other sharing a family bathroom. •Kitchen: Newly renovated kitchen with state-of-the-art appliances, ready to be equipped with modern conveniences. •Living Room: Open-plan living and dining area, offering ample natural light and stunning views. •Terraces: Two terraces – one large terrace with panoramic sea and beach views, and a second terrace on the ground floor to enjoy the outdoors. •Renovation: The apartment is empty and ready to be furnished according to your tastes and needs, offering an ideal opportunity to personalize the space. Location: The apartment is located just a few minutes’ walk from the famous Praia da Luz beach, providing an idyllic setting for those seeking a peaceful seaside retreat. This area is popular for its stunning beaches, quality restaurants, and local shops. Praia da Luz is also a sought-after tourist destination, making it an excellent investment opportunity. Just minutes from Lagos, a vibrant city with numerous cultural attractions and lively nightlife, you can enjoy the tranquility of the sea while being close to the excitement of the city. Usage License: Usage license No. 56, issued by the Municipality of Lagos on March 27, 1989. A rare opportunity not to be missed! Contact me for more information and to schedule a visit. I speak French, Portuguese, English, and Spanish. I share the commission 50%-50% with all agencies. #ref: 132800
Beautiful 2-Bedroom Duplex Apartment for Sale with Stunning Sea Views in Praia da Luz This exceptional 2-bedroom duplex apartment is located in the sought-after area of Praia da Luz, offering breathtaking panoramic views of the sea, beach, and the black rock. Currently undergoing a complete renovation, this apartment boasts a contemporary style and high-end finishes, with great potential to create a modern, light-filled space close to the ocean. Apartment Features: •Bedrooms: 2 bedrooms, one with an en-suite bathroom (suite) and the other sharing a family bathroom. •Kitchen: Newly renovated kitchen with state-of-the-art appliances, ready to be equipped with modern conveniences. •Living Room: Open-plan living and dining area, offering ample natural light and stunning views. •Terraces: Two terraces – one large terrace with panoramic sea and beach views, and a second terrace on the ground floor to enjoy the outdoors. •Renovation: The apartment is empty and ready to be furnished according to your tastes and needs, offering an ideal opportunity to personalize the space. Location: The apartment is located just a few minutes’ walk from the famous Praia da Luz beach, providing an idyllic setting for those seeking a peaceful seaside retreat. This area is popular for its stunning beaches, quality restaurants, and local shops. Praia da Luz is also a sought-after tourist destination, making it an excellent investment opportunity. Just minutes from Lagos, a vibrant city with numerous cultural attractions and lively nightlife, you can enjoy the tranquility of the sea while being close to the excitement of the city. Usage License: Usage license No. 56, issued by the Municipality of Lagos on March 27, 1989. A rare opportunity not to be missed! Contact me for more information and to schedule a visit. I speak French, Portuguese, English, and Spanish. I share the commission 50%-50% with all agencies. #ref: 132800
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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 €495,000 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 |
|---|---|---|---|
| €495,000 | £407,831 | £425,428 | £17,597 |
| Property Price € | €495,000 |
| Minimum cost in the last six months | £407,831 |
| Maximum cost in the last six months | £425,428 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,597 |
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 €495,000 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 |
|---|---|---|---|
| €495,000 | £407,831 | £425,428 | £17,597 |
| Property Price € | €495,000 |
| Minimum cost in the last six months | £407,831 |
| Maximum cost in the last six months | £425,428 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,597 |
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 £17,597 more.
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