Palmares Golf Apartment

Lagos, Faro, Portugal, 8600-315 Lagos

For Sale

€598,000

REF: 680933 €598,000


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Description

This brand-new one bedroom apartment on Palmares Golf is available for purchase immediately, with stunning views over the golf course and the Alvor lagoon. Presenting an exquisite luxury apartment with one bedroom that defines the pinnacle of oceanfront resort living. This recently built apartment showcases stunning golf and sea views and boasts ample covered and uncovered terraces to unwind and revel in the scenery. Ideally situated in one of the most prestigious oceanfront golf resorts in Europe, known for its exceptional quality, elegant design, and practical living areas.

The apartment's breath-taking design is a result of the collaboration with award-winning architects, who have incorporated modern finishes that complement the natural surroundings seamlessly. The apartment's interior provides the ultimate in luxury living, featuring an entrance hall, a contemporary fully equipped kitchen, and an open plan living and dining area that flows effortlessly onto a private terrace with panoramic ocean views. Located within a private condominium, this apartment offers stunning communal gardens, adult and children's swimming pools, underground parking with two dedicated parking spaces, and secure storage.

The property comes fully furnished and equipped to the highest standards, providing a convenient turnkey solution for a full-time residence, vacation home, or rental investment with excellent rental potential. The location of this apartment is unbeatable, only a short stroll from one of the longest golden sand beaches in the Algarve, a few minutes' drive to the historic city of Lagos with its world-renowned marina, and less than an hour's drive from Faro airport. The oceanfront golf resort is genuinely remarkable, offering panoramic views of Lagos Bay, the Alvor estuary, and Meia Praia beach.

The resort features a 27-hole golf course designed by the legendary Robert Trent Jones II, with links holes that stand out along the beach. The resort's master plan includes a 5-star hotel, a newly built panoramic clubhouse with a Michelin restaurant, a driving range, and an exclusive beach club for residents. In summary, this apartment offers an unmatched opportunity to experience luxurious oceanfront resort living in one of Europe's most prestigious golf resorts. Contact us today to schedule a viewing and secure your dream home.
This brand-new one bedroom apartment on Palmares Golf is available for purchase immediately, with stunning views over the golf course and the Alvor lagoon. Presenting an exquisite luxury apartment with one bedroom that defines the pinnacle of oceanfront resort living. This recently built apartment showcases stunning golf and sea views and boasts ample covered and uncovered terraces to unwind and revel in the scenery. Ideally situated in one of the most prestigious oceanfront golf resorts in Europe, known for its exceptional quality, elegant design, and practical living areas.

The apartment's breath-taking design is a result of the collaboration with award-winning architects, who have incorporated modern finishes that complement the natural surroundings seamlessly. The apartment's interior provides the ultimate in luxury living, featuring an entrance hall, a contemporary fully equipped kitchen, and an open plan living and dining area that flows effortlessly onto a private terrace with panoramic ocean views. Located within a private condominium, this apartment offers stunning communal gardens, adult and children's swimming pools, underground parking with two dedicated parking spaces, and secure storage.

The property comes fully furnished and equipped to the highest standards, providing a convenient turnkey solution for a full-time residence, vacation home, or rental investment with excellent rental potential. The location of this apartment is unbeatable, only a short stroll from one of the longest golden sand beaches in the Algarve, a few minutes' drive to the historic city of Lagos with its world-renowned marina, and less than an hour's drive from Faro airport. The oceanfront golf resort is genuinely remarkable, offering panoramic views of Lagos Bay, the Alvor estuary, and Meia Praia beach.

The resort features a 27-hole golf course designed by the legendary Robert Trent Jones II, with links holes that stand out along the beach. The resort's master plan includes a 5-star hotel, a newly built panoramic clubhouse with a Michelin restaurant, a driving range, and an exclusive beach club for residents. In summary, this apartment offers an unmatched opportunity to experience luxurious oceanfront resort living in one of Europe's most prestigious golf resorts. Contact us today to schedule a viewing and secure your dream home.
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Currency Exchange

Lagos, Faro, Portugal, 8600-315 Lagos

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 €598,000 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
€598,000 £508,713 £524,171 £15,458
Property Price € €598,000
Minimum cost in the last six months £508,713
Maximum cost in the last six months £524,171
Fluctuating exchange rates over the last six months could have increased the cost of this property by £15,458

Lagos, Faro, Portugal, 8600-315 Lagos

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 €598,000 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
€598,000 £508,713 £524,171 £15,458
Property Price € €598,000
Minimum cost in the last six months £508,713
Maximum cost in the last six months £524,171
Fluctuating exchange rates over the last six months could have increased the cost of this property by £15,458

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 £15,458 more.

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