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Excellent opportunity to build your house, located in Vila de Odiáxere, This town has around 3000 inhabitants, where we can find everything we need for our daily lives, such as a pharmacy, health center, commercial school and restaurants, just a few minutes from the famous beaches of Lagos
Lagos, Faro, Portugal
REF: 729339
€103,000
Description
Excellent opportunity to build your house, located in Vila de Odiáxere, This town has around 3000 inhabitants, where we can find everything we need for our daily lives, such as a pharmacy, health center, commercial school and restaurants, just a few minutes from the famous beaches of Lagos. The approved project has a basement of around 88 m2 that can be used for various purposes. On the ground floor we have two patios, an open-plan with a living room and kitchen measuring 30m2, a complete bathroom measuring 6m2 and a bedroom measuring 11m2. On the 1st floor we find a complete bathroom, two bedrooms measuring 9m2 and 8m2, both with access to a private balcony. Do not miss this opportunity!!!! #ref: 102194
Excellent opportunity to build your house, located in Vila de Odiáxere, This town has around 3000 inhabitants, where we can find everything we need for our daily lives, such as a pharmacy, health center, commercial school and restaurants, just a few minutes from the famous beaches of Lagos. The approved project has a basement of around 88 m2 that can be used for various purposes. On the ground floor we have two patios, an open-plan with a living room and kitchen measuring 30m2, a complete bathroom measuring 6m2 and a bedroom measuring 11m2. On the 1st floor we find a complete bathroom, two bedrooms measuring 9m2 and 8m2, both with access to a private balcony. Do not miss this opportunity!!!! #ref: 102194
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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 €103,000 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 |
|---|---|---|---|
| €103,000 | £87,621 | £90,284 | £2,663 |
| Property Price € | €103,000 |
| Minimum cost in the last six months | £87,621 |
| Maximum cost in the last six months | £90,284 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,663 |
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 €103,000 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 |
|---|---|---|---|
| €103,000 | £87,621 | £90,284 | £2,663 |
| Property Price € | €103,000 |
| Minimum cost in the last six months | £87,621 |
| Maximum cost in the last six months | £90,284 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,663 |
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 £2,663 more.
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