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New private condo with swimming pool in Lagos, Algarve
Lagos, Faro, Portugal
REF: 742716
€695,000
Description
New private condo with swimming pool in Lagos, Algarve. Apartment with 3 bedrooms and 2 bathrooms, kitchen, living room, balconies, private parking space in the basement. This 124 m2 apartment has 48 m2 of terraces for a total of 172 m2 of private space. This off plan new condo consists of 23 luxury apartments under construction. The apartments have 1, 2 or 3 bedrooms with 2 bathrooms (1 on suite). The swimming pool is private and reserved for apartment owners. Each apartment has a private parking space in the basement. The private residence is located in the prestigious area of Porto de Mós, certainly the most sought-after area of Lagos. The beach of Porto de Mós, one of the most popular in Lagos, with its fine sand and 2 restaurants, is just a short walk away. This proximity allows you to truly live by the sea. The apartments are finished to a high standard. The kitchens are fully furnished and equipped with - Oven - Ceramic hob - Fridge - microwave - washing machine - Dishwasher - Extractor fan Facilities : - Air conditioning in bedrooms and living room - Underfloor heating via a heat pump - Solar-heated domestic hot water - Double-glazed windows - Thermic blinds - Mechanical ventilation in kitchen and bathrooms - Video doorkeeper and security code entry - Embossed LED lighting in ceilings Communal facilities : - 60m2 swimming pool - Lifts Good road access and a quiet neighbourhood very close to the beach are just two of the features that will win you over. The residence will be delivered in April 2025. This is the last opportunity to buy a new flat in the Porto de Mós district. The location guarantees you a sound investment. In fact, in this This condo is located in a neighbourhood of luxury villas and private residences. Lagos is a historic, modern city with all the amenities you could wish for. Its beaches, historic town centre with its typical streets and sports facilities are just some of the reasons to choose Lagos. If this apartment is not exactly what you are looking for, please do not hesitate to contact me so that I can suggest other properties. I'm the manager of a team of over 100 property consultants, and together we can certainly help you find the plot of land that's right for you. iad Portugal is a subsidiary of the iad international group, the leading property transaction group in Europe. We share our properties with all AMI-licensed professionals and our fees are split 50/50. #ref: 103811
New private condo with swimming pool in Lagos, Algarve. Apartment with 3 bedrooms and 2 bathrooms, kitchen, living room, balconies, private parking space in the basement. This 124 m2 apartment has 48 m2 of terraces for a total of 172 m2 of private space. This off plan new condo consists of 23 luxury apartments under construction. The apartments have 1, 2 or 3 bedrooms with 2 bathrooms (1 on suite). The swimming pool is private and reserved for apartment owners. Each apartment has a private parking space in the basement. The private residence is located in the prestigious area of Porto de Mós, certainly the most sought-after area of Lagos. The beach of Porto de Mós, one of the most popular in Lagos, with its fine sand and 2 restaurants, is just a short walk away. This proximity allows you to truly live by the sea. The apartments are finished to a high standard. The kitchens are fully furnished and equipped with - Oven - Ceramic hob - Fridge - microwave - washing machine - Dishwasher - Extractor fan Facilities : - Air conditioning in bedrooms and living room - Underfloor heating via a heat pump - Solar-heated domestic hot water - Double-glazed windows - Thermic blinds - Mechanical ventilation in kitchen and bathrooms - Video doorkeeper and security code entry - Embossed LED lighting in ceilings Communal facilities : - 60m2 swimming pool - Lifts Good road access and a quiet neighbourhood very close to the beach are just two of the features that will win you over. The residence will be delivered in April 2025. This is the last opportunity to buy a new flat in the Porto de Mós district. The location guarantees you a sound investment. In fact, in this This condo is located in a neighbourhood of luxury villas and private residences. Lagos is a historic, modern city with all the amenities you could wish for. Its beaches, historic town centre with its typical streets and sports facilities are just some of the reasons to choose Lagos. If this apartment is not exactly what you are looking for, please do not hesitate to contact me so that I can suggest other properties. I'm the manager of a team of over 100 property consultants, and together we can certainly help you find the plot of land that's right for you. iad Portugal is a subsidiary of the iad international group, the leading property transaction group in Europe. We share our properties with all AMI-licensed professionals and our fees are split 50/50. #ref: 103811
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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 €695,000 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 |
|---|---|---|---|
| €695,000 | £591,230 | £609,195 | £17,966 |
| Property Price € | €695,000 |
| Minimum cost in the last six months | £591,230 |
| Maximum cost in the last six months | £609,195 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,966 |
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 €695,000 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 |
|---|---|---|---|
| €695,000 | £591,230 | £609,195 | £17,966 |
| Property Price € | €695,000 |
| Minimum cost in the last six months | £591,230 |
| Maximum cost in the last six months | £609,195 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,966 |
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 £17,966 more.
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