LAGOS - T3 "Signature Apartment" within a Ocean Living & Golf Resort

Lagos, Faro, Portugal, 8600-252

For Sale

€1,600,000

REF: 340078 €1,600,000


3

2

Description

Signature Apartments with views over the golf course, the Alvor river and the sea. T2+1 apartments sizes starting at 150 sq.m. with terrace, 2 car garage and storage room. Fully furnished and equipped. Free golf during 1st year and 40% discount on green fees after this period. Privileged access to leisure areas of the Resort.

Disposal of 5* Hotel services. Easy access. A unique opportunity to invest and profit in an increasingly rare location. Prices from: Designed by Pritzker winners RCR Arquitectes, The Palmares T2+1 "Signature Apartments" with sizes starting at 150 sq.m., are grouped in stylish clusters to allow each the opportunity to take in the sweeping ocean views.

Modern finishes, stylish design and practical living spaces make the apartments ideal for holiday stays or for longer visits and all take advantage of the stunning natural beauty of the area with outdoor terraces. Embracing the colors and textures of the natural environment, the one bedroom apartments are fully fitted, equipped. This unique residential project is set in an integrated luxury resort of beach, golf and tourism with an existing 5 star boutique hotel and a 27 hole golf course. The Golf Club is very lively with friendly members (approximately 300) from different nationalities and there is an exciting social and tournament calendar throughout the year. Living advantages like free golf during 1st year and 40% discount on green fees after this period; privileged access to leisure areas of the Resort; disposal of 5* Hotel services.

Construction of the signature RCR apartments has already begun with the show apartment. The building is expected to be completed by the end of 2021. A unique opportunity for investment and profitability and a guaranteed bet in an increasingly rare location. Phase I is SOLD OUT and Phase II is only available on request Prices from:
Signature Apartments with views over the golf course, the Alvor river and the sea. T2+1 apartments sizes starting at 150 sq.m. with terrace, 2 car garage and storage room. Fully furnished and equipped. Free golf during 1st year and 40% discount on green fees after this period. Privileged access to leisure areas of the Resort.

Disposal of 5* Hotel services. Easy access. A unique opportunity to invest and profit in an increasingly rare location. Prices from: Designed by Pritzker winners RCR Arquitectes, The Palmares T2+1 "Signature Apartments" with sizes starting at 150 sq.m., are grouped in stylish clusters to allow each the opportunity to take in the sweeping ocean views.

Modern finishes, stylish design and practical living spaces make the apartments ideal for holiday stays or for longer visits and all take advantage of the stunning natural beauty of the area with outdoor terraces. Embracing the colors and textures of the natural environment, the one bedroom apartments are fully fitted, equipped. This unique residential project is set in an integrated luxury resort of beach, golf and tourism with an existing 5 star boutique hotel and a 27 hole golf course. The Golf Club is very lively with friendly members (approximately 300) from different nationalities and there is an exciting social and tournament calendar throughout the year. Living advantages like free golf during 1st year and 40% discount on green fees after this period; privileged access to leisure areas of the Resort; disposal of 5* Hotel services.

Construction of the signature RCR apartments has already begun with the show apartment. The building is expected to be completed by the end of 2021. A unique opportunity for investment and profitability and a guaranteed bet in an increasingly rare location. Phase I is SOLD OUT and Phase II is only available on request Prices from:
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Property on Map

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Currency Exchange

Lagos, Faro, Portugal, 8600-252

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 €1,600,000 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
€1,600,000 £1,361,104 £1,402,464 £41,360
Property Price € €1,600,000
Minimum cost in the last six months £1,361,104
Maximum cost in the last six months £1,402,464
Fluctuating exchange rates over the last six months could have increased the cost of this property by £41,360

Lagos, Faro, Portugal, 8600-252

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 €1,600,000 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
€1,600,000 £1,361,104 £1,402,464 £41,360
Property Price € €1,600,000
Minimum cost in the last six months £1,361,104
Maximum cost in the last six months £1,402,464
Fluctuating exchange rates over the last six months could have increased the cost of this property by £41,360

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 £41,360 more.

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