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House 4 Bedrooms Sale in Odi xere,Lagos
Lagos, Portugal
REF: 990462
€1,500,000
Description
Located in a beautiful area of hills and valleys, close to Ar o, just 15 minutes from Lagos, Portim o and the fantastic beaches of the Algarve.The property's land has more than 100ha, which guarantees privacy and the possibility of carrying out an agricultural project, taking advantage of the vast existing pine forest, or carrying out a new project.The two existing dams and the stream are some of the added value, taking advantage of resources as well as natural wealth to enjoy.The villa is on the top of the hill, with a magnificent panoramic view of the countryside and the sea. The main part comprises a very bright living room, open kitchen, 4 bedrooms, all en suite, laundry and storage.The warehouse was transformed into an apartment, open kitchen, living room and 2 bedrooms. It has two closed garages, a spacious terrace and storage areas.It is possible to expand the existing construction up to 500m2 for housing or up to 2,000m2 for rural tourism.
Located in a beautiful area of hills and valleys, close to Ar o, just 15 minutes from Lagos, Portim o and the fantastic beaches of the Algarve.The property's land has more than 100ha, which guarantees privacy and the possibility of carrying out an agricultural project, taking advantage of the vast existing pine forest, or carrying out a new project.The two existing dams and the stream are some of the added value, taking advantage of resources as well as natural wealth to enjoy.The villa is on the top of the hill, with a magnificent panoramic view of the countryside and the sea. The main part comprises a very bright living room, open kitchen, 4 bedrooms, all en suite, laundry and storage.The warehouse was transformed into an apartment, open kitchen, living room and 2 bedrooms. It has two closed garages, a spacious terrace and storage areas.It is possible to expand the existing construction up to 500m2 for housing or up to 2,000m2 for rural tourism.
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Currency Exchange
Lagos, 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 €1,500,000 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 |
|---|---|---|---|
| €1,500,000 | £1,238,175 | £1,302,135 | £63,960 |
| Property Price € | €1,500,000 |
| Minimum cost in the last six months | £1,238,175 |
| Maximum cost in the last six months | £1,302,135 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £63,960 |
Lagos, 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 €1,500,000 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 |
|---|---|---|---|
| €1,500,000 | £1,238,175 | £1,302,135 | £63,960 |
| Property Price € | €1,500,000 |
| Minimum cost in the last six months | £1,238,175 |
| Maximum cost in the last six months | £1,302,135 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £63,960 |
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 £63,960 more.
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