Stunning views plot for sale by the golf course in Boavista - Lagos

Lagos, Algarve, Portugal

For Sale

€950,000

REF: 593649 €950,000


1

Description

This plot is directly adjacent to the golf course and it has an existing farm house with water tank and borehole. The land has permission from the council to build a large villa and create a magnificent luxury home surrounded by the greens from the golf course and the surrounding nature. This golf course is only 5 minutes from Praia da Luz, the beaches and all the amenities. The property is fully fenced.
This plot is directly adjacent to the golf course and it has an existing farm house with water tank and borehole. The land has permission from the council to build a large villa and create a magnificent luxury home surrounded by the greens from the golf course and the surrounding nature. This golf course is only 5 minutes from Praia da Luz, the beaches and all the amenities. The property is fully fenced.
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Property on Map

#EAV-1645

Currency Exchange

Lagos, Algarve, 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 €950,000 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
€950,000 £794,352 £856,986 £62,634
Property Price € €950,000
Minimum cost in the last six months £794,352
Maximum cost in the last six months £856,986
Fluctuating exchange rates over the last six months could have increased the cost of this property by £62,634

Lagos, Algarve, 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 €950,000 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
€950,000 £794,352 £856,986 £62,634
Property Price € €950,000
Minimum cost in the last six months £794,352
Maximum cost in the last six months £856,986
Fluctuating exchange rates over the last six months could have increased the cost of this property by £62,634

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 £62,634 more.

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