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We present a rare opportunity to acquire a unique residence in a privileged location, perfect as a weekend retreat, holiday home or main house, situated in a quiet area with good accessibility, this property offers a perfect combination of tranquillity, proximity to the sea and excellent outdoor are
Lagos, Faro, Portugal
REF: 983476
€840,000
Description
We present a rare opportunity to acquire a unique residence in a privileged location, perfect as a weekend retreat, holiday home or main house, situated in a quiet area with good accessibility, this property offers a perfect combination of tranquillity, proximity to the sea and excellent outdoor areas for leisure, and just a few steps from some of the most stunning beaches in the region such as the idyllic Praia da Ana only 8 minutes away and 12 minutes from the stunning Praia do Camilo, the historic centre is only 19 minutes away. This charming detached house is set on a plot of 817m2 and is divided into two floors. On the ground floor you'll find a spacious and inviting living room, perfect for moments with family or friends, with access to the outside space where there's a swimming pool and a terrace, a cosy dining room for family meals, a spacious bedroom ideal for people with reduced mobility, a complete bathroom, a kitchen and a spacious pantry, and a barbecue area. There's also a small annex with a bathroom and a carport with a socket for charging electric cars. On the first floor we have two spacious bedrooms with built-in wardrobes, each with its own private balcony and a very spacious and complete bathroom. Despite being built several years ago, the interior of the house is in excellent condition. Don't miss out on this opportunity! #ref: 143374
We present a rare opportunity to acquire a unique residence in a privileged location, perfect as a weekend retreat, holiday home or main house, situated in a quiet area with good accessibility, this property offers a perfect combination of tranquillity, proximity to the sea and excellent outdoor areas for leisure, and just a few steps from some of the most stunning beaches in the region such as the idyllic Praia da Ana only 8 minutes away and 12 minutes from the stunning Praia do Camilo, the historic centre is only 19 minutes away. This charming detached house is set on a plot of 817m2 and is divided into two floors. On the ground floor you'll find a spacious and inviting living room, perfect for moments with family or friends, with access to the outside space where there's a swimming pool and a terrace, a cosy dining room for family meals, a spacious bedroom ideal for people with reduced mobility, a complete bathroom, a kitchen and a spacious pantry, and a barbecue area. There's also a small annex with a bathroom and a carport with a socket for charging electric cars. On the first floor we have two spacious bedrooms with built-in wardrobes, each with its own private balcony and a very spacious and complete bathroom. Despite being built several years ago, the interior of the house is in excellent condition. Don't miss out on this opportunity! #ref: 143374
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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 €840,000 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 |
|---|---|---|---|
| €840,000 | £693,302 | £729,196 | £35,893 |
| Property Price € | €840,000 |
| Minimum cost in the last six months | £693,302 |
| Maximum cost in the last six months | £729,196 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £35,893 |
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 €840,000 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 |
|---|---|---|---|
| €840,000 | £693,302 | £729,196 | £35,893 |
| Property Price € | €840,000 |
| Minimum cost in the last six months | £693,302 |
| Maximum cost in the last six months | £729,196 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £35,893 |
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 £35,893 more.
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