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Buy 4 building plots in the most desirable location on Palmares ocean living & golf resort
Lagos, Portugal
REF: 729149
€8,800,000
Description
This is a remarkable investment opportunity that allows you to acquire four adjacent plots in the most coveted location on the Palmares Golf course. These plots offer not just stunning views, but an elevated position that provides sweeping vistas over the golf course, the entirety of the Meia Praia beach, and the beautiful Alvor estuary and lagoon. The versatility of these plots is a key feature, as you have the option to build on them individually or combine them in pairs, creating exceptionally spacious properties. Regardless of your choice, these properties have consistently demonstrated the highest investment returns in the area, making them a smart choice for both the astute investor and those seeking an unparalleled living experience. Whether you envision creating a luxurious retreat or a sound investment, these plots offer endless possibilities. With their prime location and breathtaking views, they present a unique chance to be part of the Algarve's most desirable community, where every day is marked by the beauty of the golf course, the expansive beach, and the serene estuary. Don't miss out on this opportunity to secure your stake in this exceptional location, where the combination of natural beauty and investment potential converges to offer a truly unmatched experience.
This is a remarkable investment opportunity that allows you to acquire four adjacent plots in the most coveted location on the Palmares Golf course. These plots offer not just stunning views, but an elevated position that provides sweeping vistas over the golf course, the entirety of the Meia Praia beach, and the beautiful Alvor estuary and lagoon. The versatility of these plots is a key feature, as you have the option to build on them individually or combine them in pairs, creating exceptionally spacious properties. Regardless of your choice, these properties have consistently demonstrated the highest investment returns in the area, making them a smart choice for both the astute investor and those seeking an unparalleled living experience. Whether you envision creating a luxurious retreat or a sound investment, these plots offer endless possibilities. With their prime location and breathtaking views, they present a unique chance to be part of the Algarve's most desirable community, where every day is marked by the beauty of the golf course, the expansive beach, and the serene estuary. Don't miss out on this opportunity to secure your stake in this exceptional location, where the combination of natural beauty and investment potential converges to offer a truly unmatched experience.
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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 €8,800,000 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 |
|---|---|---|---|
| €8,800,000 | £7,486,072 | £7,713,112 | £227,040 |
| Property Price € | €8,800,000 |
| Minimum cost in the last six months | £7,486,072 |
| Maximum cost in the last six months | £7,713,112 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £227,040 |
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 €8,800,000 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 |
|---|---|---|---|
| €8,800,000 | £7,486,072 | £7,713,112 | £227,040 |
| Property Price € | €8,800,000 |
| Minimum cost in the last six months | £7,486,072 |
| Maximum cost in the last six months | £7,713,112 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £227,040 |
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 £227,040 more.
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