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Brand New 2 Bedroom Apartment in Porto de Mós
Lagos, Faro, Portugal, 8600-282
REF: 751624
€565,000
Description
This two bedroom apartment for sale in Porto de Mós is situated in a brand new, luxury development located less than a three minutes walk from famous Porto Mós beach, and just a five minute drive to Lagos old town and marina. Construction having just commenced, this development has been designed by an award winning Portuguese architect and is being built by one of the best know developers in the Algarve. Recognised for providing the very highest quality homes available on the market today in t.. This brand-new complex in Porto de Mós includes 23 luxury apartments, situated just three minutes walk from famous Porto Mós beach and a five minute drive to Lagos old town and marina.
This development has been designed by an award winning Portuguese architect and is being built by one of the best known developers in the Algarve.
All apartments include a fully fitted kitchen, large open-plan living area, fitted wardrobes in the bedrooms, underfloor heating, large private terraces, double glazed windows, solar panels and much more.
The development offers underground private parking for each apartment, as well as exceptional communal facilities including a swimming pool, gym, and a communal rooftop terrace with a hot tub.
Porto de Mós is renowned for its pristine beaches, clear waters, and rugged cliffs. It's a popular destination for sun-seekers and water sports enthusiasts, offering stunning views of the Atlantic Ocean. The village exudes a charming atmosphere with whitewashed buildings and cosy cafes, inviting visitors to relax and enjoy the natural beauty of the area.
This two bedroom apartment for sale in Porto de Mós is situated in a brand new, luxury development located less than a three minutes walk from famous Porto Mós beach, and just a five minute drive to Lagos old town and marina. Construction having just commenced, this development has been designed by an award winning Portuguese architect and is being built by one of the best know developers in the Algarve. Recognised for providing the very highest quality homes available on the market today in t.. This brand-new complex in Porto de Mós includes 23 luxury apartments, situated just three minutes walk from famous Porto Mós beach and a five minute drive to Lagos old town and marina.
This development has been designed by an award winning Portuguese architect and is being built by one of the best known developers in the Algarve.
All apartments include a fully fitted kitchen, large open-plan living area, fitted wardrobes in the bedrooms, underfloor heating, large private terraces, double glazed windows, solar panels and much more.
The development offers underground private parking for each apartment, as well as exceptional communal facilities including a swimming pool, gym, and a communal rooftop terrace with a hot tub.
Porto de Mós is renowned for its pristine beaches, clear waters, and rugged cliffs. It's a popular destination for sun-seekers and water sports enthusiasts, offering stunning views of the Atlantic Ocean. The village exudes a charming atmosphere with whitewashed buildings and cosy cafes, inviting visitors to relax and enjoy the natural beauty of the area.
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Currency Exchange
Lagos, Faro, Portugal, 8600-282
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 €565,000 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 |
|---|---|---|---|
| €565,000 | £480,640 | £495,245 | £14,605 |
| Property Price € | €565,000 |
| Minimum cost in the last six months | £480,640 |
| Maximum cost in the last six months | £495,245 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,605 |
Lagos, Faro, Portugal, 8600-282
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 €565,000 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 |
|---|---|---|---|
| €565,000 | £480,640 | £495,245 | £14,605 |
| Property Price € | €565,000 |
| Minimum cost in the last six months | £480,640 |
| Maximum cost in the last six months | £495,245 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,605 |
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 £14,605 more.
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