Brand New 2 Bedroom Apartment For Sale in Lagos

Lagos, Faro, Portugal, 8600-543

For Sale

€525,000

REF: 751556 €525,000


2

2

Description

A fantastic two bedroom apartment for sale in the Algarve situated on a brand new development. Currently under construction, it can be found in a scenic area of Lagos. This development will provide an excellent quality which the developer has instilled in all their condominiums so far.With many additional features and being situated in a fantastic location, this apartment is ideal whether you are looking for a rental investment, holiday home, permanent residence or even somewhere to retire! La..

This exceptional two-bedroom apartment is set in a brand new development, currently undergoing construction, situated in the scenic area of Lagos. The developer has upheld a remarkable standard of quality in all their previous condominiums. Boasting an incredibly convenient location, the apartment is just a short two-minute drive away from the beach and in close proximity to the historic city center.

This prime location makes it an ideal choice for a vacation home, rental investment, or even a permanent residence. As expected from a highly skilled developer, the apartment will feature luxurious finishes throughout. Comprising two bedrooms, two bathrooms, an open-plan living/dining area leading to a terrace with breathtaking views, and a fully equipped kitchen complete with top-of-the-line appliances such as a ceramic hob, oven, microwave, refrigerator, dishwasher, washing machine, and extractor fan. This remarkable project also includes an outdoor swimming pool and private indoor parking, demonstrating the developer's unwavering commitment to quality finishes and exceptional services. Additional features include: air conditioning, double glazed windows, electric shutters, fitted wardrobes, underfloor heating in the bathrooms, excellent thermal and acoustic insulation, and a water heater connected to a solar panel system. Located in a perfectly situated location with excellent solar exposure, this development represents an exceptional opportunity for those seeking a vibrant lifestyle and the best that life has to offer. Lagos is a very sought after town in the Western Algarve, renowned for its iconic beaches, such as Dona Ana and Praia do Camilo.

It also offers stunning sea views and natural beauty from the cliff tops of Ponta da Piedade. The town center is rich in historical landmarks, including the 18th-century church of St. Antonio, castle walls, and the Castelo dos Governadores, which stands as one of the oldest features of the town. *Owner is looking to sell after completion of build. Circa January 2024
A fantastic two bedroom apartment for sale in the Algarve situated on a brand new development. Currently under construction, it can be found in a scenic area of Lagos. This development will provide an excellent quality which the developer has instilled in all their condominiums so far.With many additional features and being situated in a fantastic location, this apartment is ideal whether you are looking for a rental investment, holiday home, permanent residence or even somewhere to retire! La..

This exceptional two-bedroom apartment is set in a brand new development, currently undergoing construction, situated in the scenic area of Lagos. The developer has upheld a remarkable standard of quality in all their previous condominiums. Boasting an incredibly convenient location, the apartment is just a short two-minute drive away from the beach and in close proximity to the historic city center.

This prime location makes it an ideal choice for a vacation home, rental investment, or even a permanent residence. As expected from a highly skilled developer, the apartment will feature luxurious finishes throughout. Comprising two bedrooms, two bathrooms, an open-plan living/dining area leading to a terrace with breathtaking views, and a fully equipped kitchen complete with top-of-the-line appliances such as a ceramic hob, oven, microwave, refrigerator, dishwasher, washing machine, and extractor fan. This remarkable project also includes an outdoor swimming pool and private indoor parking, demonstrating the developer's unwavering commitment to quality finishes and exceptional services. Additional features include: air conditioning, double glazed windows, electric shutters, fitted wardrobes, underfloor heating in the bathrooms, excellent thermal and acoustic insulation, and a water heater connected to a solar panel system. Located in a perfectly situated location with excellent solar exposure, this development represents an exceptional opportunity for those seeking a vibrant lifestyle and the best that life has to offer. Lagos is a very sought after town in the Western Algarve, renowned for its iconic beaches, such as Dona Ana and Praia do Camilo.

It also offers stunning sea views and natural beauty from the cliff tops of Ponta da Piedade. The town center is rich in historical landmarks, including the 18th-century church of St. Antonio, castle walls, and the Castelo dos Governadores, which stands as one of the oldest features of the town. *Owner is looking to sell after completion of build. Circa January 2024
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Property on Map

#IDH32600

Currency Exchange

Lagos, Faro, Portugal, 8600-543

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 €525,000 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
€525,000 £446,612 £460,157 £13,545
Property Price € €525,000
Minimum cost in the last six months £446,612
Maximum cost in the last six months £460,157
Fluctuating exchange rates over the last six months could have increased the cost of this property by £13,545

Lagos, Faro, Portugal, 8600-543

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 €525,000 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
€525,000 £446,612 £460,157 £13,545
Property Price € €525,000
Minimum cost in the last six months £446,612
Maximum cost in the last six months £460,157
Fluctuating exchange rates over the last six months could have increased the cost of this property by £13,545

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 £13,545 more.

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