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Seven different attractive residential plots of urban land in a new area with all infrastructure, for the construction of new buildings
Lagos, Faro, Portugal
REF: 636944
€1,500,000
Description
Seven different attractive residential plots of urban land in a new area with all infrastructure, for the construction of new buildings. It is type T2 and T3 apartments The plots are very well located with private parking spaces, swimming pool, situated on a high area of the city, overlooking the Marina of Lagos, the city and the sea. Five minutes from Boavista Golf & Spa and ten minutes from the beaches. Plot 7 with an area of 3683 m2 with a constuction area of 1451, an implementation area of 2000 m2. The building will comprise 8 two bedroom flats and 7 three bedroom flats Very interesting new opportunity! #ref: 80371
Seven different attractive residential plots of urban land in a new area with all infrastructure, for the construction of new buildings. It is type T2 and T3 apartments The plots are very well located with private parking spaces, swimming pool, situated on a high area of the city, overlooking the Marina of Lagos, the city and the sea. Five minutes from Boavista Golf & Spa and ten minutes from the beaches. Plot 7 with an area of 3683 m2 with a constuction area of 1451, an implementation area of 2000 m2. The building will comprise 8 two bedroom flats and 7 three bedroom flats Very interesting new opportunity! #ref: 80371
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Currency Exchange
Lagos, Faro, 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 €1,500,000 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 |
|---|---|---|---|
| €1,500,000 | £1,284,660 | £1,347,675 | £63,015 |
| Property Price € | €1,500,000 |
| Minimum cost in the last six months | £1,284,660 |
| Maximum cost in the last six months | £1,347,675 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £63,015 |
Lagos, Faro, 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 €1,500,000 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 |
|---|---|---|---|
| €1,500,000 | £1,284,660 | £1,347,675 | £63,015 |
| Property Price € | €1,500,000 |
| Minimum cost in the last six months | £1,284,660 |
| Maximum cost in the last six months | £1,347,675 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £63,015 |
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 £63,015 more.
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