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Exclusive Palm Residence Apartment 3 Bedrooms, Rooftop Pool & Sea Views
Lagos, Faro, Portugal, 8600-641
REF: 994051
€590,000
Description
Discover this brand-new 3-bedroom apartment in Palm Residence, Lagos, built by AJ Viegas with exceptional quality. Featuring modern finishes, underfloor heating, solar hot water, air conditioning, and a fully equipped kitchen, this home is move-in ready. With 46.10m of sunny balconies and exclusive access to a rooftop pool with sea views, it s perfect for indoor-outdoor Algarve living. Includes private garage and storage. Centrally located near Lagos fish market, beaches, historic old town.. Welcome to your new home in the heart of Lagos, Algarve. This brand-new 3-bedroom apartment, located in the exclusive Palm Residence, is now fully completed and ready for immediate handover. Constructed by the highly regarded AJ Viegas Construção, the apartment reflects a commitment to premium quality and high construction standards.
The property offers three spacious and bright bedrooms, two elegant bathrooms, and a modern kitchen fitted with top-quality appliances. Designed for comfort and energy efficiency, it features underfloor heating, a multi-split air conditioning and heating system, and solar thermal panels for hot water. Ventilation is naturally regulated through the windows, with air circulation supported by exhaust systems in the bathrooms and kitchen, and night-time cooling made possible by well-placed glass openings.
With a generous 46.10m of wraparound balconies, the apartment provides a sunny and private space for outdoor dining and relaxation. On the rooftop, residents have exclusive access to a spectacular swimming pool with panoramic sea views, offering the perfect place to unwind and enjoy the Algarve sunshine. The property also includes a private underground garage space of 19.10m and a secure storage unit on the lower level.
Located centrally in Lagos, this apartment is just moments from the vibrant fish market, a short walk to the historic old town, and surrounded by some of the most iconic beaches in the region, including Meia Praia and Praia Dona Ana. With excellent access to cultural attractions, a variety of restaurants, nightlife, and marine tourism activities, it is the ideal setting for either permanent living or holiday use. Whether you re searching for a high-quality family home, a luxurious coastal retreat, or an investment property in the Algarve, this residence offers an exceptional opportunity in one of southern Portugal s most desirable coastal towns.
Discover this brand-new 3-bedroom apartment in Palm Residence, Lagos, built by AJ Viegas with exceptional quality. Featuring modern finishes, underfloor heating, solar hot water, air conditioning, and a fully equipped kitchen, this home is move-in ready. With 46.10m of sunny balconies and exclusive access to a rooftop pool with sea views, it s perfect for indoor-outdoor Algarve living. Includes private garage and storage. Centrally located near Lagos fish market, beaches, historic old town.. Welcome to your new home in the heart of Lagos, Algarve. This brand-new 3-bedroom apartment, located in the exclusive Palm Residence, is now fully completed and ready for immediate handover. Constructed by the highly regarded AJ Viegas Construção, the apartment reflects a commitment to premium quality and high construction standards.
The property offers three spacious and bright bedrooms, two elegant bathrooms, and a modern kitchen fitted with top-quality appliances. Designed for comfort and energy efficiency, it features underfloor heating, a multi-split air conditioning and heating system, and solar thermal panels for hot water. Ventilation is naturally regulated through the windows, with air circulation supported by exhaust systems in the bathrooms and kitchen, and night-time cooling made possible by well-placed glass openings.
With a generous 46.10m of wraparound balconies, the apartment provides a sunny and private space for outdoor dining and relaxation. On the rooftop, residents have exclusive access to a spectacular swimming pool with panoramic sea views, offering the perfect place to unwind and enjoy the Algarve sunshine. The property also includes a private underground garage space of 19.10m and a secure storage unit on the lower level.
Located centrally in Lagos, this apartment is just moments from the vibrant fish market, a short walk to the historic old town, and surrounded by some of the most iconic beaches in the region, including Meia Praia and Praia Dona Ana. With excellent access to cultural attractions, a variety of restaurants, nightlife, and marine tourism activities, it is the ideal setting for either permanent living or holiday use. Whether you re searching for a high-quality family home, a luxurious coastal retreat, or an investment property in the Algarve, this residence offers an exceptional opportunity in one of southern Portugal s most desirable coastal towns.
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Currency Exchange
Lagos, Faro, Portugal, 8600-641
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 €590,000 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 |
|---|---|---|---|
| €590,000 | £487,016 | £512,173 | £25,158 |
| Property Price € | €590,000 |
| Minimum cost in the last six months | £487,016 |
| Maximum cost in the last six months | £512,173 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £25,158 |
Lagos, Faro, Portugal, 8600-641
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 €590,000 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 |
|---|---|---|---|
| €590,000 | £487,016 | £512,173 | £25,158 |
| Property Price € | €590,000 |
| Minimum cost in the last six months | £487,016 |
| Maximum cost in the last six months | £512,173 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £25,158 |
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 £25,158 more.
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