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Plot for Construction of 3+1 Bedroom Villa in Praia da Luz
Lagos, Faro, Portugal, 8600-117
REF: 979969
€410,000
Description
We present a rare opportunity to acquire a magnificent plot of 988m , located in one of the most privileged areas of Praia da Luz. With a gross construction area of 320m , this plot offers the ideal setting to bring your dream project to life. The land is sold with an exclusive architectural project, designed by a renowned architect, for the construction of a contemporary 3-bedroom villa, with an additional versatile space, perfect for an office, leisure room, or an extra bedroom to accommodate family and friends.
With a south-facing orientation, you can enjoy natural light throughout the day and stunning sea views. The location is truly privileged: in a quiet area, yet within walking distance of the beach, renowned golf courses, restaurants, shops, hospitals, pharmacies, and public transportation, offering the perfect balance between privacy and convenience.
This land is ideal for those seeking a sophisticated and serene lifestyle, without sacrificing access to all amenities. Praia da Luz is a charming destination, known for its welcoming atmosphere, natural beauty, and historic charm.
Don t miss this unique opportunity! Schedule your visit now and discover the potential of this space to create your dream home or invest in a high-value project.
We present a rare opportunity to acquire a magnificent plot of 988m , located in one of the most privileged areas of Praia da Luz. With a gross construction area of 320m , this plot offers the ideal setting to bring your dream project to life. The land is sold with an exclusive architectural project, designed by a renowned architect, for the construction of a contemporary 3-bedroom villa, with an additional versatile space, perfect for an office, leisure room, or an extra bedroom to accommodate family and friends.
With a south-facing orientation, you can enjoy natural light throughout the day and stunning sea views. The location is truly privileged: in a quiet area, yet within walking distance of the beach, renowned golf courses, restaurants, shops, hospitals, pharmacies, and public transportation, offering the perfect balance between privacy and convenience.
This land is ideal for those seeking a sophisticated and serene lifestyle, without sacrificing access to all amenities. Praia da Luz is a charming destination, known for its welcoming atmosphere, natural beauty, and historic charm.
Don t miss this unique opportunity! Schedule your visit now and discover the potential of this space to create your dream home or invest in a high-value project.
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Currency Exchange
Lagos, Faro, Portugal, 8600-117
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 €410,000 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 |
|---|---|---|---|
| €410,000 | £338,398 | £355,917 | £17,519 |
| Property Price € | €410,000 |
| Minimum cost in the last six months | £338,398 |
| Maximum cost in the last six months | £355,917 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,519 |
Lagos, Faro, Portugal, 8600-117
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 €410,000 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 |
|---|---|---|---|
| €410,000 | £338,398 | £355,917 | £17,519 |
| Property Price € | €410,000 |
| Minimum cost in the last six months | £338,398 |
| Maximum cost in the last six months | £355,917 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,519 |
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 £17,519 more.
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