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House 3 Bedrooms Sale in Lagos (S o Sebasti o e Santa Maria),Lagos
Lagos, Portugal
REF: 990504
€750,000
Description
Located in a central area close to all amenities, this property is perfect for those looking for a spacious and bright home.Upon entering, through the main hall, you will realize the size of this wonderful house. On this main floor, you will find a dining room and a spacious living room full of light and even a fireplace. From here it is possible to access the outside, where the sun shines on the pool practically all day. The kitchen, completely renovated and modern, equipped and there is an extra room that serves as a laundry room. The kitchen also has direct access to the outside, where you will find a sunny patio with a barbecue - the ideal place to enjoy alfresco meals and the Algarve sun.When going up, the stairs, which are noticeable in the living room, the first floor is reserved for the bedroom area. This floor comprises three large bedrooms, one of which is en-suite. All rooms have their own balcony. There is also a full bath serving two of the bedrooms.The property also comprises a garage located on the lower floor of the house. The garage has space for one car and plenty of storage. Note that on this floor there is also a room converted into an independent apartment and potentially for one more. It is an area with a very large area, some natural light and the potential for profitability is a reality.
Located in a central area close to all amenities, this property is perfect for those looking for a spacious and bright home.Upon entering, through the main hall, you will realize the size of this wonderful house. On this main floor, you will find a dining room and a spacious living room full of light and even a fireplace. From here it is possible to access the outside, where the sun shines on the pool practically all day. The kitchen, completely renovated and modern, equipped and there is an extra room that serves as a laundry room. The kitchen also has direct access to the outside, where you will find a sunny patio with a barbecue - the ideal place to enjoy alfresco meals and the Algarve sun.When going up, the stairs, which are noticeable in the living room, the first floor is reserved for the bedroom area. This floor comprises three large bedrooms, one of which is en-suite. All rooms have their own balcony. There is also a full bath serving two of the bedrooms.The property also comprises a garage located on the lower floor of the house. The garage has space for one car and plenty of storage. Note that on this floor there is also a room converted into an independent apartment and potentially for one more. It is an area with a very large area, some natural light and the potential for profitability is a reality.
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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 €750,000 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 |
|---|---|---|---|
| €750,000 | £619,088 | £651,068 | £31,980 |
| Property Price € | €750,000 |
| Minimum cost in the last six months | £619,088 |
| Maximum cost in the last six months | £651,068 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £31,980 |
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 €750,000 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 |
|---|---|---|---|
| €750,000 | £619,088 | £651,068 | £31,980 |
| Property Price € | €750,000 |
| Minimum cost in the last six months | £619,088 |
| Maximum cost in the last six months | £651,068 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £31,980 |
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 £31,980 more.
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