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2 Bedroom Apartment in "A Fabrica" Lagos
Lagos, Faro, Portugal, 8600-315
REF: 921013
€545,000
Description
A Modern and Spacious 2 Bedroom Apartment Within the Exclusive Gated "A Fabrica" Development Close to the Lagos Marina Set within this historic converted brick factory, with its distinctive chimney, is a modern and spacious 2 bedroom apartment with a communal swimming pool, garage space and storage room with Lagos Marina on your doorstep.
Apartment: 130m2
Energy Rating: C
Year of Construction: 2008
Price: 545,000 (furnished)
Condominium Fee: 1,667.52 per year
This exclusive development close to the Lagos Marina, is within an easy stroll of the beautiful Meia Praia beach and the local shops, restaurants and bars that the vibrant centre of Lagos has to offer.
The apartment is accessed via a secure gated entrance and is the ideal choice for those looking for quality surrounded by a feeling of tranquillity. The building is surrounded by mature gardens with a recently renovated swimming pool and offers a designated parking space as well as a large storage room.
The 2 bedroom apartment is located on the first floor and benefits from lift access. Upon entering, you are welcomed into a hallway featuring ample storage.
The fully fitted kitchen has high end appliances with an abundance of storage, providing both style and functionality. Additionally the kitchen has direct access to a private balcony.
The expansive living/dining area, featuring a large sliding patio door leading to a generously proportioned balcony, allows natural light to flood the space. The outdoor area is perfect for al fresco dining and entertaining, offering an inviting extension of the living space.
The spacious master bedroom features large fitted wardrobes and drawers with sliding doors opening onto the balcony shared with the living/dining space. It also benefits from an en suite bathroom.
A second bedroom with fitted wardrobes overlooks the side of the building. A further bathroom completes the accommodation.
This spacious and versatile apartment offers an abundance of space and storage, making it an ideal home. Its proximity to local amenities also presents a lucrative rental opportunity and an early viewing is highly recommended.
A Modern and Spacious 2 Bedroom Apartment Within the Exclusive Gated "A Fabrica" Development Close to the Lagos Marina Set within this historic converted brick factory, with its distinctive chimney, is a modern and spacious 2 bedroom apartment with a communal swimming pool, garage space and storage room with Lagos Marina on your doorstep.
Apartment: 130m2
Energy Rating: C
Year of Construction: 2008
Price: 545,000 (furnished)
Condominium Fee: 1,667.52 per year
This exclusive development close to the Lagos Marina, is within an easy stroll of the beautiful Meia Praia beach and the local shops, restaurants and bars that the vibrant centre of Lagos has to offer.
The apartment is accessed via a secure gated entrance and is the ideal choice for those looking for quality surrounded by a feeling of tranquillity. The building is surrounded by mature gardens with a recently renovated swimming pool and offers a designated parking space as well as a large storage room.
The 2 bedroom apartment is located on the first floor and benefits from lift access. Upon entering, you are welcomed into a hallway featuring ample storage.
The fully fitted kitchen has high end appliances with an abundance of storage, providing both style and functionality. Additionally the kitchen has direct access to a private balcony.
The expansive living/dining area, featuring a large sliding patio door leading to a generously proportioned balcony, allows natural light to flood the space. The outdoor area is perfect for al fresco dining and entertaining, offering an inviting extension of the living space.
The spacious master bedroom features large fitted wardrobes and drawers with sliding doors opening onto the balcony shared with the living/dining space. It also benefits from an en suite bathroom.
A second bedroom with fitted wardrobes overlooks the side of the building. A further bathroom completes the accommodation.
This spacious and versatile apartment offers an abundance of space and storage, making it an ideal home. Its proximity to local amenities also presents a lucrative rental opportunity and an early viewing is highly recommended.
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Currency Exchange
Lagos, Faro, Portugal, 8600-315
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 €545,000 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 |
|---|---|---|---|
| €545,000 | £449,026 | £473,109 | £24,084 |
| Property Price € | €545,000 |
| Minimum cost in the last six months | £449,026 |
| Maximum cost in the last six months | £473,109 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £24,084 |
Lagos, Faro, Portugal, 8600-315
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 €545,000 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 |
|---|---|---|---|
| €545,000 | £449,026 | £473,109 | £24,084 |
| Property Price € | €545,000 |
| Minimum cost in the last six months | £449,026 |
| Maximum cost in the last six months | £473,109 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £24,084 |
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 £24,084 more.
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