Plot of land for construction with sea view

Lagos, Portugal

For Sale

€1,550,000

REF: 566129 €1,550,000


Description

Plot of land for construction with sea view. Located in a privileged area of Lagos, with a stunning 360º view of the Meia Praia Bay, as well as the award winning Lagos marina and views of the Monchique mountains. This plot is composed by a ruin that allows the construction of an area of 300 m2 for habitation or 2000 m2 for a touristic project.

With a total land area of over 13.000 m2, this land already has the project approval for the construction of five villas for which you only need to ask for the building permit. In an excellent location, close to all kinds of services and amenities, just a few minutes from Lagos city center and beaches and about an hour from Faro International Airport.

CHARACTERISTICS:Plot Area: 13 160 m2 | 141 653 sq ftEnergy efficiency: Certification in progressFEATURES:Land with more than 13.000 m2 With approved construction project Internationally awarded, LUXIMOS Christie's presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage.

LUXIMOS Christie's is the exclusive affiliate of Christie s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal.

Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina. LIc AMI 9063
Plot of land for construction with sea view. Located in a privileged area of Lagos, with a stunning 360º view of the Meia Praia Bay, as well as the award winning Lagos marina and views of the Monchique mountains. This plot is composed by a ruin that allows the construction of an area of 300 m2 for habitation or 2000 m2 for a touristic project.

With a total land area of over 13.000 m2, this land already has the project approval for the construction of five villas for which you only need to ask for the building permit. In an excellent location, close to all kinds of services and amenities, just a few minutes from Lagos city center and beaches and about an hour from Faro International Airport.

CHARACTERISTICS:Plot Area: 13 160 m2 | 141 653 sq ftEnergy efficiency: Certification in progressFEATURES:Land with more than 13.000 m2 With approved construction project Internationally awarded, LUXIMOS Christie's presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage.

LUXIMOS Christie's is the exclusive affiliate of Christie s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal.

Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina. LIc AMI 9063
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Property on Map

#1LS01779

Currency Exchange

Lagos, Portugal

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 €1,550,000 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
€1,550,000 £1,318,570 £1,358,637 £40,068
Property Price € €1,550,000
Minimum cost in the last six months £1,318,570
Maximum cost in the last six months £1,358,637
Fluctuating exchange rates over the last six months could have increased the cost of this property by £40,068

Lagos, Portugal

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 €1,550,000 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
€1,550,000 £1,318,570 £1,358,637 £40,068
Property Price € €1,550,000
Minimum cost in the last six months £1,318,570
Maximum cost in the last six months £1,358,637
Fluctuating exchange rates over the last six months could have increased the cost of this property by £40,068

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 £40,068 more.

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