Prices

Ellie · Post by **Ellie** » Mon May 01, 2006 6:25 pm

Can any of you living in the Lagoa area, tell me what price a 2 bedroom property is going for in Lagoa please?
Thinking in terms of a small townhouse or nice apartment.
Also, if you could tell me what the 'monthly rental' of such a property is?Just a rough idea?
When I had a dinner with a friend there last September, I was told that the cost of renting hadn't changed much since our time there. I found that a bit hard to believe, as we paid around £240-£250 a month for our 2 bedroom apartment then.
Any advice would be appreciated..thanks
ellie

kteee · Post by **kteee** » Mon May 01, 2006 6:28 pm

I'm not sure about sales prices in Lagoa, but I think you could probably rent somewhere for around 450-500 euros per month.

Summer · Post by **Summer** » Mon May 01, 2006 8:45 pm

I don't know exactly how much they are going for, but I am hoping to sell ours for around €200,000! It is big though. It has 4/5 bedrooms. Its actually in Carvoeiro.

S

Ellie · Post by **Ellie** » Mon May 01, 2006 9:40 pm

That sounds very reasonable rent Kteee..Is that about £300 or so?
and Summer, your place sounds a real bargain for that amount of bedrooms..does that come to about £138,000?
I'm not very good at working out exchange rate!

kteee · Post by **kteee** » Mon May 01, 2006 9:55 pm

Yes, around £300-£360 a month at the current exchange rates.

Summer · Post by **Summer** » Tue May 02, 2006 10:09 am

Its a a traditional Portuguese house though in the style of a townhouse. We aren't going to be selling for another year or so anyway. I would be interested to find out how much it is actually worth though!

Ellie · Post by **Ellie** » Tue May 02, 2006 11:34 am

Summer, I have no idea of prices but at a guess I'd say its worth a lot more than your €200,000! It sounds very nice.
I always liked the trad. Portuguese houses. Business friends of ours in Lagoa bought one in the centre of the town....walls nigh 2ft thick. They refurbished it and Hub & our carpenter lads put in new wood floors, modern kitchen, new bedroom furniture..they added bits like huge wooden ceiling fan etc..and it looked super!
and in the sever heat of summer months, it was beautifully cool! Thats brought back nice memory...recall young Jamie helping out with painting

I feel all sad now....

H has been looking at prices of properties in our post code here in Lincs today..and for a place like ours ( detached, 3bedr. bungalow) its averaging £225,000. Six years ago we bought it for £53,000..seems crazy doesn't it? But its certainly made us situp and think and spurring us into action.
But as I said before, we're in no hurry and will hold out for going rate...hey maybe we could end up buying yours..and I could do a B&B business?

..only kidding

..don't think Ive got the energy now

ellie

Dalcassian · Post by **Dalcassian** » Tue May 02, 2006 12:20 pm

Hey Ellie,
Put this link in your 'Favorites' and use it to convert Sterling into Euros.
I use it all the time and it is great.

http://www.xe.com/ucc/

Dal

maddi · Post by **maddi** » Tue May 02, 2006 6:23 pm

Dal is spot on Ellie I have a currency converter in my favourites along with a etric converter and a translator too - then they are right there when you need them.

Good tip for everyone

Maddi

pm · Post by pm » Tue May 02, 2006 7:32 pm

Have you ever tried typing
£1000 in euros
into Google?

See http://www.google.co.uk/help/features.html#calculator

e-richard · Post by **e-richard** » Tue May 02, 2006 7:42 pm

Thats a GREAT tip PM. I've been using XE.com for ages, but now that I have Google toolbar, this is just so much easier and quicker.

thanksalot