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Stylish 2 Bedroom Apartment with Sea Views at Palmares Golf Resort Resale Opportunity
Lagos, Portugal
REF: 980748
€815,000
Description
This beautifully designed 2 bedroom apartment is a rare resale opportunity within the prestigious Palmares Signature Apartments Phase I, offering an exceptional combination of comfort, style, and breathtaking sea views. Situated in the heart of the renowned Palmares Golf Resort, this elegant apartment enjoys a privileged elevated position with panoramic views over the ocean and Alvor estuary, where the changing tides offer a dynamic and ever-stunning backdrop. Key features include: 2 Bedrooms (the 2nd bedroom is a study/guest bedroom with ensuite and private covered terrace) 2 Bathrooms, with underfloor heating Open-plan living and dining areas with a fully equipped kitchenette (ceramic hob, oven, microwave, custom-made dishwasher, and more) Covered terrace with expansive views and floor-to-ceiling Both terraces represent 18sqm of outside living French windows with internal blackout blinds Private storage room underground (8,5sqm) 2 underground parking spaces, with electric charging point Central air conditioning, smart TV, high-speed Wi-Fi, and in-unit washing machine Wheelchair friendly Communal pool and manicured gardens shared by the 37 apartments in Phase I Built to premium specifications and tastefully furnished, the home blends seamlessly with the surrounding nature and golf landscape, providing a peaceful, luxurious retreat. To be sold furnished and equipped Resort Highlights: 27-hole championship golf course Michelin-star Al Sud Restaurant Shuttle service to Lagos and Meia Praia beach (July & August) subject to availability and reservation Owner privileges and discounts throughout the resort i.e. Golf, F&B Just 950m walk or 2.8km drive to the beach This is a truly unique opportunity to own a value-for-money resale in one of the Algarve s most sought-after resort communities. Whether for personal use or as a high-end investment, regardless of whether you play golf or not, this apartment ticks all the boxes. Contact us today to arrange a viewing this gem won t stay on the market for long.
This beautifully designed 2 bedroom apartment is a rare resale opportunity within the prestigious Palmares Signature Apartments Phase I, offering an exceptional combination of comfort, style, and breathtaking sea views. Situated in the heart of the renowned Palmares Golf Resort, this elegant apartment enjoys a privileged elevated position with panoramic views over the ocean and Alvor estuary, where the changing tides offer a dynamic and ever-stunning backdrop. Key features include: 2 Bedrooms (the 2nd bedroom is a study/guest bedroom with ensuite and private covered terrace) 2 Bathrooms, with underfloor heating Open-plan living and dining areas with a fully equipped kitchenette (ceramic hob, oven, microwave, custom-made dishwasher, and more) Covered terrace with expansive views and floor-to-ceiling Both terraces represent 18sqm of outside living French windows with internal blackout blinds Private storage room underground (8,5sqm) 2 underground parking spaces, with electric charging point Central air conditioning, smart TV, high-speed Wi-Fi, and in-unit washing machine Wheelchair friendly Communal pool and manicured gardens shared by the 37 apartments in Phase I Built to premium specifications and tastefully furnished, the home blends seamlessly with the surrounding nature and golf landscape, providing a peaceful, luxurious retreat. To be sold furnished and equipped Resort Highlights: 27-hole championship golf course Michelin-star Al Sud Restaurant Shuttle service to Lagos and Meia Praia beach (July & August) subject to availability and reservation Owner privileges and discounts throughout the resort i.e. Golf, F&B Just 950m walk or 2.8km drive to the beach This is a truly unique opportunity to own a value-for-money resale in one of the Algarve s most sought-after resort communities. Whether for personal use or as a high-end investment, regardless of whether you play golf or not, this apartment ticks all the boxes. Contact us today to arrange a viewing this gem won t stay on the market for long.
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Currency Exchange
Lagos, 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 €815,000 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 |
|---|---|---|---|
| €815,000 | £672,742 | £707,493 | £34,752 |
| Property Price € | €815,000 |
| Minimum cost in the last six months | £672,742 |
| Maximum cost in the last six months | £707,493 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £34,752 |
Lagos, 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 €815,000 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 |
|---|---|---|---|
| €815,000 | £672,742 | £707,493 | £34,752 |
| Property Price € | €815,000 |
| Minimum cost in the last six months | £672,742 |
| Maximum cost in the last six months | £707,493 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £34,752 |
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 £34,752 more.
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