House T3 1 - Urb

Lagos, Faro, Portugal

For Sale

€795,000

REF: 966348 €795,000


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2

Description

Located on a 582 m plot, this cozy single-story, independent house stands out for its functionality, comfort and excellent location in a quiet residential area, just a few minutes from the center of Lagos, the Marina, and beautiful beaches. The interior of the house offers a spacious entrance hall, equipped kitchen, two large living rooms with direct access to a covered terrace facing south, perfect for enjoying al fresco meals or leisure moments.

It also has three bedrooms with built-in wardrobes, two complete bathrooms and a sewing room, easily adaptable to an additional bedroom. One of the rooms has a fireplace with a stove, which distributes heating to all rooms of the house. The house is equipped with solar panels for water heating, promoting greater energy efficiency.

Outside, you will find a pleasant living area with a mini-kitchen, barbecue, wood-burning oven, a support bathroom and a charming covered dining area. There is also a side garden, currently used as a vegetable garden. In the lower part of the house, there is a garage in the basement, and outdoor parking for two cars, ensuring complete comfort. This could be your future dream home. Contact us now to schedule your visit!
Located on a 582 m plot, this cozy single-story, independent house stands out for its functionality, comfort and excellent location in a quiet residential area, just a few minutes from the center of Lagos, the Marina, and beautiful beaches. The interior of the house offers a spacious entrance hall, equipped kitchen, two large living rooms with direct access to a covered terrace facing south, perfect for enjoying al fresco meals or leisure moments.

It also has three bedrooms with built-in wardrobes, two complete bathrooms and a sewing room, easily adaptable to an additional bedroom. One of the rooms has a fireplace with a stove, which distributes heating to all rooms of the house. The house is equipped with solar panels for water heating, promoting greater energy efficiency.

Outside, you will find a pleasant living area with a mini-kitchen, barbecue, wood-burning oven, a support bathroom and a charming covered dining area. There is also a side garden, currently used as a vegetable garden. In the lower part of the house, there is a garage in the basement, and outdoor parking for two cars, ensuring complete comfort. This could be your future dream home. Contact us now to schedule your visit!
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Property on Map

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Currency Exchange

Lagos, Faro, Portugal

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 €795,000 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
€795,000 £656,161 £690,132 £33,970
Property Price € €795,000
Minimum cost in the last six months £656,161
Maximum cost in the last six months £690,132
Fluctuating exchange rates over the last six months could have increased the cost of this property by £33,970

Lagos, Faro, Portugal

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 €795,000 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
€795,000 £656,161 £690,132 £33,970
Property Price € €795,000
Minimum cost in the last six months £656,161
Maximum cost in the last six months £690,132
Fluctuating exchange rates over the last six months could have increased the cost of this property by £33,970

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 £33,970 more.

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