EXCLUSIVE - Plot of land with a ruin to rebuild in the center of Odiáxere, 5 minutes by car from the city of Lagos

Lagos, Faro, Portugal

For Sale

€115,000

REF: 691970 €115,000


1

1

45 m2

185 m2

Description

EXCLUSIVE - Plot of land with a ruin to rebuild in the center of Odiáxere, 5 minutes by car from the city of Lagos. The ruin has an area of 34 sqm, set in a plot of 207 sqm, with the possibility of rebuilding the existing area of the ruin or expanding it to 100 sqm on the ground floor and which can also be built a 1st floor with an additional 100 sqm, making a total of a house of 200 sqm and remaining always some outdoor area for garden/backyard.

Any expansion of the house will always require a project at the Municipal Council. Connection of sewage, water and electricity network. Founded in France in 2008, iad was born from an innovative model that extends the traditional concept of real estate agency, promoting a close relationship between the consultant and the client.

The success of the group iad is reflected in thousands of consultants, online properties and deals done. The iad is a digital and dynamic real estate agency based on professionalism and transparency. As an independent real estate consultant, I have the autonomy to manage my schedule, ensuring you a personalized accompaniment in all stages of the process and a quality service at the best price. Mark your visit. #ref: 95655
EXCLUSIVE - Plot of land with a ruin to rebuild in the center of Odiáxere, 5 minutes by car from the city of Lagos. The ruin has an area of 34 sqm, set in a plot of 207 sqm, with the possibility of rebuilding the existing area of the ruin or expanding it to 100 sqm on the ground floor and which can also be built a 1st floor with an additional 100 sqm, making a total of a house of 200 sqm and remaining always some outdoor area for garden/backyard.

Any expansion of the house will always require a project at the Municipal Council. Connection of sewage, water and electricity network. Founded in France in 2008, iad was born from an innovative model that extends the traditional concept of real estate agency, promoting a close relationship between the consultant and the client.

The success of the group iad is reflected in thousands of consultants, online properties and deals done. The iad is a digital and dynamic real estate agency based on professionalism and transparency. As an independent real estate consultant, I have the autonomy to manage my schedule, ensuring you a personalized accompaniment in all stages of the process and a quality service at the best price. Mark your visit. #ref: 95655
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Property on Map

#95655

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 €115,000 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
€115,000 £97,829 £100,802 £2,973
Property Price € €115,000
Minimum cost in the last six months £97,829
Maximum cost in the last six months £100,802
Fluctuating exchange rates over the last six months could have increased the cost of this property by £2,973

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 €115,000 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
€115,000 £97,829 £100,802 £2,973
Property Price € €115,000
Minimum cost in the last six months £97,829
Maximum cost in the last six months £100,802
Fluctuating exchange rates over the last six months could have increased the cost of this property by £2,973

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 £2,973 more.

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