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Hotel Sale in Lagos (S o Sebasti o e Santa Maria),Lagos
Lagos, Portugal
REF: 990415
€9,000,000
Description
MAGNIFICENT tourist complex in Ferrel.Complex with 30 apartments, 5 minutes from the city of Lagos, near the beautiful beaches of Lagos and Praia da Luz.Comprising a vast and beautiful area of green spaces and small tracks, restaurant & bar, tennis court, soccer field, mini golf, two swimming pools and playground.With 30 modern and furnished apartments T1 and T2 typologies, the ideal place for relaxing or fun.The apartments are composed of a beautiful entrance hall that opens onto a large living room with kitchenette, bedroom, and in the case of T2 the second bedroom in mezzanine and bathroom.Magnificent terrace with panoramic and privileged views of the Serra de Monchique.Equipped with air conditioning, heated floors in the bathroom, double glazing and armored door.Excellent opportunity.
MAGNIFICENT tourist complex in Ferrel.Complex with 30 apartments, 5 minutes from the city of Lagos, near the beautiful beaches of Lagos and Praia da Luz.Comprising a vast and beautiful area of green spaces and small tracks, restaurant & bar, tennis court, soccer field, mini golf, two swimming pools and playground.With 30 modern and furnished apartments T1 and T2 typologies, the ideal place for relaxing or fun.The apartments are composed of a beautiful entrance hall that opens onto a large living room with kitchenette, bedroom, and in the case of T2 the second bedroom in mezzanine and bathroom.Magnificent terrace with panoramic and privileged views of the Serra de Monchique.Equipped with air conditioning, heated floors in the bathroom, double glazing and armored door.Excellent opportunity.
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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 €9,000,000 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 |
|---|---|---|---|
| €9,000,000 | £7,429,050 | £7,812,810 | £383,760 |
| Property Price € | €9,000,000 |
| Minimum cost in the last six months | £7,429,050 |
| Maximum cost in the last six months | £7,812,810 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £383,760 |
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 €9,000,000 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 |
|---|---|---|---|
| €9,000,000 | £7,429,050 | £7,812,810 | £383,760 |
| Property Price € | €9,000,000 |
| Minimum cost in the last six months | £7,429,050 |
| Maximum cost in the last six months | £7,812,810 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £383,760 |
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 £383,760 more.
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