Luxury 2-Bedroom Apartment with Breathtaking Sea Views Sun Cliffs Resort, Ponta da Piedade, Lagos

Lagos, Faro, Portugal, 8600-544

For Sale

€1,150,000

REF: 983395 €1,150,000


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Description

This exceptional two-bedroom apartment is located on the 8th floor of the exclusive Sun Cliffs Resort, in the highly prestigious area of Ponta da Piedade, Lagos. With a privileged south-east orientation, the property offers uninterrupted panoramic views over the Bay of Lagos, allowing for an abundance of natural light and spectacular sunrises from the comfort of your own home. With a gross private area of 117.00 m and an additional dependent area of 45.15 m , the apartment includes a priva..

This exceptional two-bedroom apartment is located on the 8th floor of the exclusive Sun Cliffs Resort, in the highly prestigious area of Ponta da Piedade, Lagos. With a privileged south-east orientation, the property offers uninterrupted panoramic views over the Bay of Lagos, allowing for an abundance of natural light and spectacular sunrises from the comfort of your own home. With a gross private area of 117.00 m and an additional dependent area of 45.15 m , the apartment includes a private parking space and storage unit on level -1.

It comes fully furnished with bespoke, resort-designed furniture and is equipped with everything needed for immediate use, including high-end appliances, a coffee machine, toaster, hairdryers, flat-screen TVs, premium bed linens, towels, and kitchen essentials. As a resident of the Sun Cliffs Resort, you ll enjoy full access to an exceptional range of five-star hotel amenities.

These include both indoor and outdoor swimming pools, a fully equipped gym, a luxurious spa with sauna and Turkish baths, as well as a rooftop bar with sweeping ocean views, fine dining restaurants, casual bars, and a 24/7 reception service. Two weekly cleanings by the resort s management team are included in the condominium fees, ensuring ease and comfort. Owners have the option to reside permanently or take advantage of the resort s professional rental management program.

This program offers a 60/40 revenue split in favour of the owner and provides a projected annual return on investment of approximately 5%, making it an ideal opportunity for both lifestyle and income. Situated just a short walk from the iconic Dona Ana Beach recognized as one of Europe s most beautiful the apartment represents a rare opportunity to acquire a high-end property in one of the most desirable locations in Lagos. Contact Ideal Homes Portugal today to arrange your private visit and experience this exceptional offering first-hand.
This exceptional two-bedroom apartment is located on the 8th floor of the exclusive Sun Cliffs Resort, in the highly prestigious area of Ponta da Piedade, Lagos. With a privileged south-east orientation, the property offers uninterrupted panoramic views over the Bay of Lagos, allowing for an abundance of natural light and spectacular sunrises from the comfort of your own home. With a gross private area of 117.00 m and an additional dependent area of 45.15 m , the apartment includes a priva..

This exceptional two-bedroom apartment is located on the 8th floor of the exclusive Sun Cliffs Resort, in the highly prestigious area of Ponta da Piedade, Lagos. With a privileged south-east orientation, the property offers uninterrupted panoramic views over the Bay of Lagos, allowing for an abundance of natural light and spectacular sunrises from the comfort of your own home. With a gross private area of 117.00 m and an additional dependent area of 45.15 m , the apartment includes a private parking space and storage unit on level -1.

It comes fully furnished with bespoke, resort-designed furniture and is equipped with everything needed for immediate use, including high-end appliances, a coffee machine, toaster, hairdryers, flat-screen TVs, premium bed linens, towels, and kitchen essentials. As a resident of the Sun Cliffs Resort, you ll enjoy full access to an exceptional range of five-star hotel amenities.

These include both indoor and outdoor swimming pools, a fully equipped gym, a luxurious spa with sauna and Turkish baths, as well as a rooftop bar with sweeping ocean views, fine dining restaurants, casual bars, and a 24/7 reception service. Two weekly cleanings by the resort s management team are included in the condominium fees, ensuring ease and comfort. Owners have the option to reside permanently or take advantage of the resort s professional rental management program.

This program offers a 60/40 revenue split in favour of the owner and provides a projected annual return on investment of approximately 5%, making it an ideal opportunity for both lifestyle and income. Situated just a short walk from the iconic Dona Ana Beach recognized as one of Europe s most beautiful the apartment represents a rare opportunity to acquire a high-end property in one of the most desirable locations in Lagos. Contact Ideal Homes Portugal today to arrange your private visit and experience this exceptional offering first-hand.
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Currency Exchange

Lagos, Faro, Portugal, 8600-544

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 €1,150,000 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
€1,150,000 £949,164 £998,304 £49,140
Property Price € €1,150,000
Minimum cost in the last six months £949,164
Maximum cost in the last six months £998,304
Fluctuating exchange rates over the last six months could have increased the cost of this property by £49,140

Lagos, Faro, Portugal, 8600-544

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 €1,150,000 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
€1,150,000 £949,164 £998,304 £49,140
Property Price € €1,150,000
Minimum cost in the last six months £949,164
Maximum cost in the last six months £998,304
Fluctuating exchange rates over the last six months could have increased the cost of this property by £49,140

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 £49,140 more.

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