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Allotment Sale in Lagos (S o Sebasti o e Santa Maria),Lagos
Lagos, Portugal
REF: 991513
€100,000
Description
We present this 334 m plot, strategically located just minutes from the centre of Lagos, with quick access to the region s main roadways. Set in a growing urban area near the Pinheiral Industrial Park and the Retail Park, this plot offers strong potential for medium- to long-term appreciation.Plot Features: Total area: 334 m Building footprint: 150 m Gross construction area: 200 m Approved project for a single-family home with basement, ground floor and first floor Option to build a swimming poolAdvantages and Potential: Prime location, just minutes from the town centre and commercial zones Area with fully completed infrastructure (roads, sanitation, electricity, telecommunications) Flexible use: ideal for a private residence, rental investment or commercial activity Located in a district undergoing significant urban growth and developmentDon t miss out on this excellent opportunity in one of the Algarve s most sought-after areas.Contact us today for more information or to schedule your visit.
We present this 334 m plot, strategically located just minutes from the centre of Lagos, with quick access to the region s main roadways. Set in a growing urban area near the Pinheiral Industrial Park and the Retail Park, this plot offers strong potential for medium- to long-term appreciation.Plot Features: Total area: 334 m Building footprint: 150 m Gross construction area: 200 m Approved project for a single-family home with basement, ground floor and first floor Option to build a swimming poolAdvantages and Potential: Prime location, just minutes from the town centre and commercial zones Area with fully completed infrastructure (roads, sanitation, electricity, telecommunications) Flexible use: ideal for a private residence, rental investment or commercial activity Located in a district undergoing significant urban growth and developmentDon t miss out on this excellent opportunity in one of the Algarve s most sought-after areas.Contact us today for more information or to schedule your visit.
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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 €100,000 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 |
|---|---|---|---|
| €100,000 | £82,545 | £86,809 | £4,264 |
| Property Price € | €100,000 |
| Minimum cost in the last six months | £82,545 |
| Maximum cost in the last six months | £86,809 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,264 |
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 €100,000 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 |
|---|---|---|---|
| €100,000 | £82,545 | £86,809 | £4,264 |
| Property Price € | €100,000 |
| Minimum cost in the last six months | £82,545 |
| Maximum cost in the last six months | £86,809 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,264 |
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 £4,264 more.
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