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New 2 bedroom Apartment with Private Parking & Pool Palm Residence Lagos
Lagos, Faro, Portugal, 8600-641
REF: 994052
€495,000
Description
Discover this elegant, newly built 2-bedroom apartment in the prestigious Palm Residence in Lagos, Algarve. By AJ Viegas Construction, to the highest standards, this home is move-in ready and ideal for permanent living or holiday investment.
It features modern finishes, underfloor heating, air conditioning, and energy-efficient systems including solar water heater. The property offers 29.30m of wraparound balconies, a 17.60m private garage. Residents also enjoy a rooftop pool with panora.. This brand-new 2-bedroom apartment offers exceptional modern living in the prestigious Palm Residence building in Lagos, Algarve. Built by the renowned AJ Viegas construction , the property is finished to the highest standards and ready for immediate occupancy.
The apartment features spacious interiors, including a contemporary kitchen equipped with high-end appliances, underfloor heating, and multi-split air conditioning for both heating and cooling. Hot water is supplied through an energy-efficient system that combines thermal solar water heater. Natural ventilation is ensured through well-designed window placement and exhaust systems in the kitchen and bathrooms.
With 29.30m of wraparound balconies, the apartment provides a delightful outdoor space ideal for sunbathing or al fresco dining. It also includes a garage space of 17.60m located on level -1. Residents can enjoy a stunning rooftop swimming pool with panoramic sea views, exclusive to the condominium.
Centrally located near the Lagos fish market, several beautiful beaches, and within walking distance of the vibrant historic centre, this property offers an ideal blend of luxury, convenience, and coastal charm perfect for both full-time living and holiday investment.
Discover this elegant, newly built 2-bedroom apartment in the prestigious Palm Residence in Lagos, Algarve. By AJ Viegas Construction, to the highest standards, this home is move-in ready and ideal for permanent living or holiday investment.
It features modern finishes, underfloor heating, air conditioning, and energy-efficient systems including solar water heater. The property offers 29.30m of wraparound balconies, a 17.60m private garage. Residents also enjoy a rooftop pool with panora.. This brand-new 2-bedroom apartment offers exceptional modern living in the prestigious Palm Residence building in Lagos, Algarve. Built by the renowned AJ Viegas construction , the property is finished to the highest standards and ready for immediate occupancy.
The apartment features spacious interiors, including a contemporary kitchen equipped with high-end appliances, underfloor heating, and multi-split air conditioning for both heating and cooling. Hot water is supplied through an energy-efficient system that combines thermal solar water heater. Natural ventilation is ensured through well-designed window placement and exhaust systems in the kitchen and bathrooms.
With 29.30m of wraparound balconies, the apartment provides a delightful outdoor space ideal for sunbathing or al fresco dining. It also includes a garage space of 17.60m located on level -1. Residents can enjoy a stunning rooftop swimming pool with panoramic sea views, exclusive to the condominium.
Centrally located near the Lagos fish market, several beautiful beaches, and within walking distance of the vibrant historic centre, this property offers an ideal blend of luxury, convenience, and coastal charm perfect for both full-time living and holiday investment.
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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 €495,000 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 |
|---|---|---|---|
| €495,000 | £408,598 | £429,705 | £21,107 |
| Property Price € | €495,000 |
| Minimum cost in the last six months | £408,598 |
| Maximum cost in the last six months | £429,705 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,107 |
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 €495,000 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 |
|---|---|---|---|
| €495,000 | £408,598 | £429,705 | £21,107 |
| Property Price € | €495,000 |
| Minimum cost in the last six months | £408,598 |
| Maximum cost in the last six months | £429,705 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £21,107 |
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 £21,107 more.
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