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Excellent real estate investment opportunity in Cascais!
Cascais e Estoril, Lisboa, Portugal
REF: 802400
€2,300,000
Description
This exclusive plot, located in the residential area of Cobre, presents an approved architectural project for the construction of 5 luxury villas. Each of these spacious villas will feature an individual swimming pool, providing a lifestyle of comfort and leisure for future owners. The villas have been carefully designed as 4 bedroom villas, offering ample space and amenities to comfortably accommodate a modern family. Each villa is spread over 3 floors, providing a functional and elegant .. Excellent real estate investment opportunity in Cascais! This exclusive plot, located in the residential area of Cobre, presents an approved architectural project for the construction of 5 luxury villas. Each of these spacious villas will feature an individual swimming pool, providing a lifestyle of comfort and leisure for future owners. The villas have been carefully designed as 4 bedroom villas, offering ample space and amenities to comfortably accommodate a modern family. Each villa is spread over 3 floors, providing a functional and elegant layout. The land itself has a generous area of 2,055 square meters, ensuring enough space for the construction of the villas and surrounding green areas. The total gross construction area is staggering, with 2,671.24 square meters available for the creation of truly spectacular residences. This property is strategically located, just 5 minutes from the centre of Cascais, offering easy access to all amenities including schools, restaurants, shops and beaches. In addition, being off-market gives an extra level of exclusivity and privacy to interested investors. This is a rare opportunity to acquire a plot of land with an approved project in one of the most sought-after areas of Cascais, ideal for investors who want to create a high-end real estate development or for those looking to build their own dream residence. Don't miss out on this unique investment opportunity in the Cascais real estate market. Please contact us for more information and to schedule a site visit.
This exclusive plot, located in the residential area of Cobre, presents an approved architectural project for the construction of 5 luxury villas. Each of these spacious villas will feature an individual swimming pool, providing a lifestyle of comfort and leisure for future owners. The villas have been carefully designed as 4 bedroom villas, offering ample space and amenities to comfortably accommodate a modern family. Each villa is spread over 3 floors, providing a functional and elegant .. Excellent real estate investment opportunity in Cascais! This exclusive plot, located in the residential area of Cobre, presents an approved architectural project for the construction of 5 luxury villas. Each of these spacious villas will feature an individual swimming pool, providing a lifestyle of comfort and leisure for future owners. The villas have been carefully designed as 4 bedroom villas, offering ample space and amenities to comfortably accommodate a modern family. Each villa is spread over 3 floors, providing a functional and elegant layout. The land itself has a generous area of 2,055 square meters, ensuring enough space for the construction of the villas and surrounding green areas. The total gross construction area is staggering, with 2,671.24 square meters available for the creation of truly spectacular residences. This property is strategically located, just 5 minutes from the centre of Cascais, offering easy access to all amenities including schools, restaurants, shops and beaches. In addition, being off-market gives an extra level of exclusivity and privacy to interested investors. This is a rare opportunity to acquire a plot of land with an approved project in one of the most sought-after areas of Cascais, ideal for investors who want to create a high-end real estate development or for those looking to build their own dream residence. Don't miss out on this unique investment opportunity in the Cascais real estate market. Please contact us for more information and to schedule a site visit.
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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 €2,300,000 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 |
|---|---|---|---|
| €2,300,000 | £1,956,587 | £2,016,042 | £59,455 |
| Property Price € | €2,300,000 |
| Minimum cost in the last six months | £1,956,587 |
| Maximum cost in the last six months | £2,016,042 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £59,455 |
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 €2,300,000 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 |
|---|---|---|---|
| €2,300,000 | £1,956,587 | £2,016,042 | £59,455 |
| Property Price € | €2,300,000 |
| Minimum cost in the last six months | £1,956,587 |
| Maximum cost in the last six months | £2,016,042 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £59,455 |
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 £59,455 more.
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