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Plot of Land Sell in Almancil,Loul
Loul , Portugal
REF: 792256
€1,275,000
Description
Plot of 600m2, located in a residential area, surrounded by golf courses and very close to the beach, in the Varandas do Lago urbanisation, between Vale do Lobo and Quinta do Lago.This plot allows the construction of a detached villa with a total built area of 240m2 plus basement, swimming pool, garage and garden, just 5 minutes from the beach.Although a haven away from the hustle and bustle of urban life, Varandas do Lago is strategically located just a few minutes drive from a variety of amenities such as supermarkets, pharmacies, gourmet restaurants or exclusive boutiques.By car we are less than 10 minutes from Almancil, 12 minutes from the motorway, 15 minutes from Vilamoura and 20 minutes from Faro airport.
Plot of 600m2, located in a residential area, surrounded by golf courses and very close to the beach, in the Varandas do Lago urbanisation, between Vale do Lobo and Quinta do Lago.This plot allows the construction of a detached villa with a total built area of 240m2 plus basement, swimming pool, garage and garden, just 5 minutes from the beach.Although a haven away from the hustle and bustle of urban life, Varandas do Lago is strategically located just a few minutes drive from a variety of amenities such as supermarkets, pharmacies, gourmet restaurants or exclusive boutiques.By car we are less than 10 minutes from Almancil, 12 minutes from the motorway, 15 minutes from Vilamoura and 20 minutes from Faro airport.
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Currency Exchange
Loul , 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 €1,275,000 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 |
|---|---|---|---|
| €1,275,000 | £1,084,630 | £1,117,589 | £32,959 |
| Property Price € | €1,275,000 |
| Minimum cost in the last six months | £1,084,630 |
| Maximum cost in the last six months | £1,117,589 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £32,959 |
Loul , 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 €1,275,000 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 |
|---|---|---|---|
| €1,275,000 | £1,084,630 | £1,117,589 | £32,959 |
| Property Price € | €1,275,000 |
| Minimum cost in the last six months | £1,084,630 |
| Maximum cost in the last six months | £1,117,589 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £32,959 |
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 £32,959 more.
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