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2 Bedroom First Floor Apartment in Lagos
Lagos, Faro, Portugal, 8600-616
REF: 997606
€395,000
Description
Spacious Two Bedroom First Floor Apartment with Two Balconies in a Sought-after Lagos Suburb Situated in the sought-after and convenient Ameijeira area of Lagos, this well-proportioned two-bedroom apartment is on the first floor of a traditional building with lift access.
Ideally located within walking distance of local restaurants, bars, cafés, and supermarkets, as well as the vibrant, historic centre of Lagos and the stunning nearby beaches that surround the area.
Construction Area: 123.20m
Year of Construction: 1999
Energy Rating: C
Price: 395,000 (furnished - Inventory to be provided)
Condominium fee: 36.14 per month
Situated on the first floor and facing west, the apartment enjoys abundant afternoon sun and warm evening light throughout the year.
Upon entering the apartment, you are welcomed into a spacious hallway, currently configured as a home office.
This apartment boasts a well-equipped kitchen with ample storage and, for added convenience, a separate storage room or pantry. The kitchen is spacious enough to accommodate a dining table and chairs, and sliding doors provide access to a large front balcony, shared with the living and dining area and second bedroom.
The spacious open-plan living and dining area is filled with natural light and enjoys a dual aspect, featuring two sets of sliding doors one opening onto a smaller balcony, and the other providing access to a larger front balcony, both with panoramic city and far-reaching views - the perfect setting for entertaining, al-fresco dining, or simply relaxing and soaking up the beautiful Algarvian weather.
A separate hallway, with further built in storage, leads to the bedroom accommodation. The spacious family bathroom is conveniently equipped with both a bathtub and a separate shower enclosure.
There is a large twin bedroom with fitted wardrobes that has access to a balcony, whilst the master bedroom, also with fitted wardrobes, has the benefit of an additional convenient en-suite bathroom.
This is a fantastic opportunity for anyone seeking a well-located, ready-to-move-in apartment in a quiet location in one of the Algarve's most desirable coastal towns and an early viewing is strongly recommended.
Property Features
2 Bedrooms
2 Bathrooms (1 en suite)
2 Balconies
Dual aspect living and dining area
Ceiling fans
Storage area in the basement
Spacious Two Bedroom First Floor Apartment with Two Balconies in a Sought-after Lagos Suburb Situated in the sought-after and convenient Ameijeira area of Lagos, this well-proportioned two-bedroom apartment is on the first floor of a traditional building with lift access.
Ideally located within walking distance of local restaurants, bars, cafés, and supermarkets, as well as the vibrant, historic centre of Lagos and the stunning nearby beaches that surround the area.
Construction Area: 123.20m
Year of Construction: 1999
Energy Rating: C
Price: 395,000 (furnished - Inventory to be provided)
Condominium fee: 36.14 per month
Situated on the first floor and facing west, the apartment enjoys abundant afternoon sun and warm evening light throughout the year.
Upon entering the apartment, you are welcomed into a spacious hallway, currently configured as a home office.
This apartment boasts a well-equipped kitchen with ample storage and, for added convenience, a separate storage room or pantry. The kitchen is spacious enough to accommodate a dining table and chairs, and sliding doors provide access to a large front balcony, shared with the living and dining area and second bedroom.
The spacious open-plan living and dining area is filled with natural light and enjoys a dual aspect, featuring two sets of sliding doors one opening onto a smaller balcony, and the other providing access to a larger front balcony, both with panoramic city and far-reaching views - the perfect setting for entertaining, al-fresco dining, or simply relaxing and soaking up the beautiful Algarvian weather.
A separate hallway, with further built in storage, leads to the bedroom accommodation. The spacious family bathroom is conveniently equipped with both a bathtub and a separate shower enclosure.
There is a large twin bedroom with fitted wardrobes that has access to a balcony, whilst the master bedroom, also with fitted wardrobes, has the benefit of an additional convenient en-suite bathroom.
This is a fantastic opportunity for anyone seeking a well-located, ready-to-move-in apartment in a quiet location in one of the Algarve's most desirable coastal towns and an early viewing is strongly recommended.
Property Features
2 Bedrooms
2 Bathrooms (1 en suite)
2 Balconies
Dual aspect living and dining area
Ceiling fans
Storage area in the basement
Read More
Property on Map
Currency Exchange
Lagos, Faro, Portugal, 8600-616
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 €395,000 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 |
|---|---|---|---|
| €395,000 | £326,053 | £342,903 | £16,851 |
| Property Price € | €395,000 |
| Minimum cost in the last six months | £326,053 |
| Maximum cost in the last six months | £342,903 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,851 |
Lagos, Faro, Portugal, 8600-616
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 €395,000 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 |
|---|---|---|---|
| €395,000 | £326,053 | £342,903 | £16,851 |
| Property Price € | €395,000 |
| Minimum cost in the last six months | £326,053 |
| Maximum cost in the last six months | £342,903 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,851 |
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 £16,851 more.
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