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Plot for construction of a 350 m2 villa in Lagos
Lagos, Faro, Portugal, 8600-340 Lagos
REF: 527934
€430,000
Description
Large plot for sale for the construction of a large villa near golf course This ample, 2700 m2 plot is in a desirable area of Lagos, walking distance to Boavista Golf Resort and boasts a construction area of 350 m2 over two stories, with a 220 m2 footprint. A fantastic opportunity to build your own dream home in the sun, near the city centre, restaurants, shops, and the stunning beaches of the Algarve. With ten Hoopen Realty, you can acquire the land, do the project, and build your property, all in one place. Call us today to see what we can do for you!
Large plot for sale for the construction of a large villa near golf course This ample, 2700 m2 plot is in a desirable area of Lagos, walking distance to Boavista Golf Resort and boasts a construction area of 350 m2 over two stories, with a 220 m2 footprint. A fantastic opportunity to build your own dream home in the sun, near the city centre, restaurants, shops, and the stunning beaches of the Algarve. With ten Hoopen Realty, you can acquire the land, do the project, and build your property, all in one place. Call us today to see what we can do for you!
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Currency Exchange
Lagos, Faro, Portugal, 8600-340 Lagos
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 €430,000 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 |
|---|---|---|---|
| €430,000 | £365,797 | £376,912 | £11,116 |
| Property Price € | €430,000 |
| Minimum cost in the last six months | £365,797 |
| Maximum cost in the last six months | £376,912 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,116 |
Lagos, Faro, Portugal, 8600-340 Lagos
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 €430,000 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 |
|---|---|---|---|
| €430,000 | £365,797 | £376,912 | £11,116 |
| Property Price € | €430,000 |
| Minimum cost in the last six months | £365,797 |
| Maximum cost in the last six months | £376,912 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,116 |
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 £11,116 more.
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