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Land with sea view and licensing project in approval for condominium with 10 apartments - São João do Estoril
Cascais e Estoril, Lisboa, Portugal
REF: 783829
€1,795,000
Description
Magnificent plot of land in São João do Estoril, just 500 meters from the beach, offers a unique opportunity in the real estate market. With a spectacular view of the ocean, this land has a licensing project in the approval phase for an exclusive condominium with 10 luxury apartments, composed of typologies T2 and T3. The condominium in project stands out for its sophistication and comfort, including private garages for each unit. In addition, future residents will have the privilege of enjoying an elegant roof top, equipped with a panoramic pool, providing relaxing moments and breathtaking views of the sea. The architectural project, meticulously elaborated, provides for a generous gross construction area above ground, totaling 1436m2. This expansive area will allow for the creation of large and modern spaces, providing a high-end residential experience. The prime location in Largo Monte Leite, Estoril, provides convenient proximity to local amenities such as fine dining, exclusive shopping and leisure options. This promising investment represents the perfect harmony between elegance, location and an unparalleled coastal lifestyle. An Investment Opportunity!
Magnificent plot of land in São João do Estoril, just 500 meters from the beach, offers a unique opportunity in the real estate market. With a spectacular view of the ocean, this land has a licensing project in the approval phase for an exclusive condominium with 10 luxury apartments, composed of typologies T2 and T3. The condominium in project stands out for its sophistication and comfort, including private garages for each unit. In addition, future residents will have the privilege of enjoying an elegant roof top, equipped with a panoramic pool, providing relaxing moments and breathtaking views of the sea. The architectural project, meticulously elaborated, provides for a generous gross construction area above ground, totaling 1436m2. This expansive area will allow for the creation of large and modern spaces, providing a high-end residential experience. The prime location in Largo Monte Leite, Estoril, provides convenient proximity to local amenities such as fine dining, exclusive shopping and leisure options. This promising investment represents the perfect harmony between elegance, location and an unparalleled coastal lifestyle. An Investment Opportunity!
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Currency Exchange
Cascais e Estoril, Lisboa, 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 €1,795,000 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 |
|---|---|---|---|
| €1,795,000 | £1,526,989 | £1,573,389 | £46,401 |
| Property Price € | €1,795,000 |
| Minimum cost in the last six months | £1,526,989 |
| Maximum cost in the last six months | £1,573,389 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £46,401 |
Cascais e Estoril, Lisboa, 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 €1,795,000 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 |
|---|---|---|---|
| €1,795,000 | £1,526,989 | £1,573,389 | £46,401 |
| Property Price € | €1,795,000 |
| Minimum cost in the last six months | £1,526,989 |
| Maximum cost in the last six months | £1,573,389 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £46,401 |
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 £46,401 more.
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