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Meia praia beach apartments for sale in Lagos
Lagos, Portugal
REF: 593559
€600,000
Description
Designed to sit within the natural amphitheatre of the resort, every signature apartment benefits from sea or estuary views which can be enjoyed from individual the private terraces. These one and two bedroom apartments are fully fitted, equipped and a ready to be enjoyed with all its resort facilities and the surrounding golf lifestyle. These award winning apartments create a private condominium with adult and children's pool and communal exterior gardens. The apartments are sold professionally furnished and equipped, ready for rental operation with all necessary utensils and equipment. The rental can be managed by the resort, creating an income to the owner, and simultaneously, allowing guests to benefit from all its conforts and resort facilities. All units have a standard layout of 1 or 2 bedrooms plus 1 or 2 additional office spaces, which may be used as extra bedrooms. All units have 2 garage places and storage area. The property purchase includes an Annual Golf Membership for two people. There is a flexible and optional system for the rental operation, with the possibility of an interesting ROI. Discover the very best in design, architecture and quality while remaining connected to nature in this exclusive golf and waterfront resort.
Designed to sit within the natural amphitheatre of the resort, every signature apartment benefits from sea or estuary views which can be enjoyed from individual the private terraces. These one and two bedroom apartments are fully fitted, equipped and a ready to be enjoyed with all its resort facilities and the surrounding golf lifestyle. These award winning apartments create a private condominium with adult and children's pool and communal exterior gardens. The apartments are sold professionally furnished and equipped, ready for rental operation with all necessary utensils and equipment. The rental can be managed by the resort, creating an income to the owner, and simultaneously, allowing guests to benefit from all its conforts and resort facilities. All units have a standard layout of 1 or 2 bedrooms plus 1 or 2 additional office spaces, which may be used as extra bedrooms. All units have 2 garage places and storage area. The property purchase includes an Annual Golf Membership for two people. There is a flexible and optional system for the rental operation, with the possibility of an interesting ROI. Discover the very best in design, architecture and quality while remaining connected to nature in this exclusive golf and waterfront resort.
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Currency Exchange
Lagos, 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 €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 |
|---|---|---|---|
| €600,000 | £510,414 | £525,924 | £15,510 |
| Property Price € | €600,000 |
| Minimum cost in the last six months | £510,414 |
| Maximum cost in the last six months | £525,924 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,510 |
Lagos, 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 €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 |
|---|---|---|---|
| €600,000 | £510,414 | £525,924 | £15,510 |
| Property Price € | €600,000 |
| Minimum cost in the last six months | £510,414 |
| Maximum cost in the last six months | £525,924 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,510 |
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 £15,510 more.
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