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Apartment 1 Bedroom Sale in Lagos (S o Sebasti o e Santa Maria),Lagos
Lagos, Portugal
REF: 990446
€600,000
Description
1 bedroom apartment in Meia Praia, Lagos, inserted in a golf resort. All units have a standard layout comprising an open plan living/dining area with a fully fitted kitchenette, 1 double bedroom and 1 bathroom. The living area has floor to ceiling sliding windows that open to a covered terrace, ideal to appreciate the stunning view while enjoying an "al-fresco" dining. Each unit includes 2 allocated parking spaces and a private storage area in the underground communal garage. Prices range from 390.000 to 440.000. Palmares Beach and Golf Resort offers a beautiful natural landscape spanning from the idyllic Meia Praia beach through the country side and stretching to the picturesque Alvor estuary! The resort offers three 9 hole golf courses, each strategically positioned within the natural beauty of the country side, the beach set within walking distance and the Alvor Estuary Nature Reserve. The large natural amphitheater shape enables spectacular sea views from all parts of the resort towards the sea and to the estuary of Alvor. The land descends slowly from the entrance (70 meters above sea-level), gently sloping downhill across different valleys before ending at the beach.
1 bedroom apartment in Meia Praia, Lagos, inserted in a golf resort. All units have a standard layout comprising an open plan living/dining area with a fully fitted kitchenette, 1 double bedroom and 1 bathroom. The living area has floor to ceiling sliding windows that open to a covered terrace, ideal to appreciate the stunning view while enjoying an "al-fresco" dining. Each unit includes 2 allocated parking spaces and a private storage area in the underground communal garage. Prices range from 390.000 to 440.000. Palmares Beach and Golf Resort offers a beautiful natural landscape spanning from the idyllic Meia Praia beach through the country side and stretching to the picturesque Alvor estuary! The resort offers three 9 hole golf courses, each strategically positioned within the natural beauty of the country side, the beach set within walking distance and the Alvor Estuary Nature Reserve. The large natural amphitheater shape enables spectacular sea views from all parts of the resort towards the sea and to the estuary of Alvor. The land descends slowly from the entrance (70 meters above sea-level), gently sloping downhill across different valleys before ending at the beach.
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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 €600,000 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 |
|---|---|---|---|
| €600,000 | £495,270 | £520,854 | £25,584 |
| Property Price € | €600,000 |
| Minimum cost in the last six months | £495,270 |
| Maximum cost in the last six months | £520,854 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £25,584 |
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 €600,000 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 |
|---|---|---|---|
| €600,000 | £495,270 | £520,854 | £25,584 |
| Property Price € | €600,000 |
| Minimum cost in the last six months | £495,270 |
| Maximum cost in the last six months | £520,854 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £25,584 |
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 £25,584 more.
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