Spectacular 2 Bed at Porto de Mós

Lagos, Faro, Portugal, 8600-513

For Sale

€595,000

REF: 750955 €595,000


2

2

Description

One of a kind top floor apartment with roof terrace and panoramic views at Belmar Spa & Beach Resort. There are stunning views from this penthouse two bedroom apartment overlooking the beach and ocean at Porto de Mós. The apartment consists of an open plan kitchen, dining and living area opening to a south west facing balcony with views to the ocean.

There are two large bedrooms, one with an en-suite bathroom and a separate guest bathroom. The apartment is fully furnished in a contemporary style with many amenities, including underfloor heating, air conditioning, electric shutters on all the doors and windows, fully equipped kitchen with AEG appliances and WIFI.

Internal stairs lead to a large roof terrace which has spectacular views over Porto de Mós and the surrounding countryside. The facilities of Belmar Spa & Beach Resort are literally on the doorstep with elevator access to the spa, pools, bars, restaurant and parking. The apartment is ideal for year round living or as a holiday home providing excellent income when not in use by the owners. www.belmarresort.com
One of a kind top floor apartment with roof terrace and panoramic views at Belmar Spa & Beach Resort. There are stunning views from this penthouse two bedroom apartment overlooking the beach and ocean at Porto de Mós. The apartment consists of an open plan kitchen, dining and living area opening to a south west facing balcony with views to the ocean.

There are two large bedrooms, one with an en-suite bathroom and a separate guest bathroom. The apartment is fully furnished in a contemporary style with many amenities, including underfloor heating, air conditioning, electric shutters on all the doors and windows, fully equipped kitchen with AEG appliances and WIFI.

Internal stairs lead to a large roof terrace which has spectacular views over Porto de Mós and the surrounding countryside. The facilities of Belmar Spa & Beach Resort are literally on the doorstep with elevator access to the spa, pools, bars, restaurant and parking. The apartment is ideal for year round living or as a holiday home providing excellent income when not in use by the owners. www.belmarresort.com
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Property on Map

#A/05972

Currency Exchange

Lagos, Faro, Portugal, 8600-513

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 €595,000 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
€595,000 £506,161 £521,541 £15,381
Property Price € €595,000
Minimum cost in the last six months £506,161
Maximum cost in the last six months £521,541
Fluctuating exchange rates over the last six months could have increased the cost of this property by £15,381

Lagos, Faro, Portugal, 8600-513

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 €595,000 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
€595,000 £506,161 £521,541 £15,381
Property Price € €595,000
Minimum cost in the last six months £506,161
Maximum cost in the last six months £521,541
Fluctuating exchange rates over the last six months could have increased the cost of this property by £15,381

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 £15,381 more.

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