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This 2 bedroom duplex apartment is set in a condominium close to all amenities and the beach of Praia da Luz
Lagos, Algarve, Portugal, 8600-119
REF: 815364
€330,000
Description
This 2 bedroom duplex apartment is set in a condominium close to all amenities and the beach of Praia da Luz.
The main entrance, on the top floor, opens to a hall that leads to the living area and the open plan kitchen with a balcony facing south boasting amazing sea views, ideal for a lovely "al-fresco" dining.
The lower floor offers 2 double bedrooms, each with a private terrace, a bathroom and a storage room. The south bedroom's terrace benefits of the same sea view and has a staircase connecting to the above terrace.
This apartment is a lovely choice for a permanent residence or a great rental income property.
This 2 bedroom duplex apartment is set in a condominium close to all amenities and the beach of Praia da Luz.
The main entrance, on the top floor, opens to a hall that leads to the living area and the open plan kitchen with a balcony facing south boasting amazing sea views, ideal for a lovely "al-fresco" dining.
The lower floor offers 2 double bedrooms, each with a private terrace, a bathroom and a storage room. The south bedroom's terrace benefits of the same sea view and has a staircase connecting to the above terrace.
This apartment is a lovely choice for a permanent residence or a great rental income property.
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Currency Exchange
Lagos, Algarve, Portugal, 8600-119
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 €330,000 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 |
|---|---|---|---|
| €330,000 | £277,919 | £286,750 | £8,831 |
| Property Price € | €330,000 |
| Minimum cost in the last six months | £277,919 |
| Maximum cost in the last six months | £286,750 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,831 |
Lagos, Algarve, Portugal, 8600-119
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 €330,000 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 |
|---|---|---|---|
| €330,000 | £277,919 | £286,750 | £8,831 |
| Property Price € | €330,000 |
| Minimum cost in the last six months | £277,919 |
| Maximum cost in the last six months | £286,750 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,831 |
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 £8,831 more.
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