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For sale building plot with golf and ocean views on Palmares golf resort, Lagos, West Algarve
Lagos, Portugal
REF: 729150
€2,500,000
Description
This is your last and truly unique opportunity to design and create your dream home in collaboration with some of the Algarve's most prestigious architects. The canvas for your vision is set on the most coveted plot in one of the Algarve's most desirable locations, where the estuary elegantly meets the sea, giving birth to a captivating lagoon that graces the shoreline alongside the renowned Palmares golf course. Whether you prefer a leisurely stroll or a breezy golf buggy ride, you'll find yourself effortlessly reaching the 2-mile-long Meia Praia beach, where sun, surf, and the resort's prestigious 27-hole golf course await your enjoyment. Should you yearn for a taste of cultural vibrancy, the historical center is but a short drive away, while the untamed beauty of a natural park can be reached within a mere 20-minute drive. Seize this extraordinary opportunity to craft a haven that perfectly aligns with your vision, in one of the Algarve's most sought-after locations. Embrace a life of luxury and leisure, where each day unveils the stunning convergence of the estuary and the sea, promising not only a place to call home but a lifetime of unforgettable moments and experiences.
This is your last and truly unique opportunity to design and create your dream home in collaboration with some of the Algarve's most prestigious architects. The canvas for your vision is set on the most coveted plot in one of the Algarve's most desirable locations, where the estuary elegantly meets the sea, giving birth to a captivating lagoon that graces the shoreline alongside the renowned Palmares golf course. Whether you prefer a leisurely stroll or a breezy golf buggy ride, you'll find yourself effortlessly reaching the 2-mile-long Meia Praia beach, where sun, surf, and the resort's prestigious 27-hole golf course await your enjoyment. Should you yearn for a taste of cultural vibrancy, the historical center is but a short drive away, while the untamed beauty of a natural park can be reached within a mere 20-minute drive. Seize this extraordinary opportunity to craft a haven that perfectly aligns with your vision, in one of the Algarve's most sought-after locations. Embrace a life of luxury and leisure, where each day unveils the stunning convergence of the estuary and the sea, promising not only a place to call home but a lifetime of unforgettable moments and experiences.
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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 €2,500,000 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 |
|---|---|---|---|
| €2,500,000 | £2,126,725 | £2,191,225 | £64,500 |
| Property Price € | €2,500,000 |
| Minimum cost in the last six months | £2,126,725 |
| Maximum cost in the last six months | £2,191,225 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £64,500 |
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 €2,500,000 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 |
|---|---|---|---|
| €2,500,000 | £2,126,725 | £2,191,225 | £64,500 |
| Property Price € | €2,500,000 |
| Minimum cost in the last six months | £2,126,725 |
| Maximum cost in the last six months | £2,191,225 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £64,500 |
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 £64,500 more.
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