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If you are looking for land to build your dream home in an idyllic location with stunning views of the sea, we have what you need! This impressive plot of land, located in the beautiful Praia da Luz, offers an incredible opportunity to build not one, but nine villas in a total area of 20,680 square
Lagos, Faro, Portugal
REF: 691971
€2,200,000
Description
If you are looking for land to build your dream home in an idyllic location with stunning views of the sea, we have what you need! This impressive plot of land, located in the beautiful Praia da Luz, offers an incredible opportunity to build not one, but nine villas in a total area of 20,680 square meters. Overlooking the sea, at the highest point, this land offers the perfect setting for those looking for tranquility and natural beauty. The possibilities are endless on this land, allowing you to create a truly unique and bespoke space that suits your needs. Furthermore, Praia da Luz is one of the most desirable areas in the Algarve, known for its white sand beaches and crystal clear waters. It is the perfect location for anyone looking to enjoy the relaxed Mediterranean lifestyle, with restaurants, bars and shops within walking distance. If you are looking for a safe and profitable investment, this land offers all the potential to build several houses for sale or rent. The privileged location and proximity to the sea make this land a truly unique and exclusive property. Don't miss this opportunity to own a piece of paradise in the Algarve. Contact us today to find out more about this unique plot of land in Praia da Luz! #ref: 95680
If you are looking for land to build your dream home in an idyllic location with stunning views of the sea, we have what you need! This impressive plot of land, located in the beautiful Praia da Luz, offers an incredible opportunity to build not one, but nine villas in a total area of 20,680 square meters. Overlooking the sea, at the highest point, this land offers the perfect setting for those looking for tranquility and natural beauty. The possibilities are endless on this land, allowing you to create a truly unique and bespoke space that suits your needs. Furthermore, Praia da Luz is one of the most desirable areas in the Algarve, known for its white sand beaches and crystal clear waters. It is the perfect location for anyone looking to enjoy the relaxed Mediterranean lifestyle, with restaurants, bars and shops within walking distance. If you are looking for a safe and profitable investment, this land offers all the potential to build several houses for sale or rent. The privileged location and proximity to the sea make this land a truly unique and exclusive property. Don't miss this opportunity to own a piece of paradise in the Algarve. Contact us today to find out more about this unique plot of land in Praia da Luz! #ref: 95680
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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 €2,200,000 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 |
|---|---|---|---|
| €2,200,000 | £1,871,518 | £1,928,388 | £56,870 |
| Property Price € | €2,200,000 |
| Minimum cost in the last six months | £1,871,518 |
| Maximum cost in the last six months | £1,928,388 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £56,870 |
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 €2,200,000 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 |
|---|---|---|---|
| €2,200,000 | £1,871,518 | £1,928,388 | £56,870 |
| Property Price € | €2,200,000 |
| Minimum cost in the last six months | £1,871,518 |
| Maximum cost in the last six months | £1,928,388 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £56,870 |
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 £56,870 more.
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