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ALGARVE_QUINTA DO LAGO_VALE DO LOBO Located in the luxury development, between Quinta do Lago and Vale Do Lobo, this plot of land of 960 m2 allows the construction of a luxury villa of up to 450 m2 with 1 floor, with good quality infrastructure already implemented
Loulé, Faro, Portugal
REF: 329896
€1,975,000
Description
ALGARVE_QUINTA DO LAGO_VALE DO LOBO Located in the luxury development, between Quinta do Lago and Vale Do Lobo, this plot of land of 960 m2 allows the construction of a luxury villa of up to 450 m2 with 1 floor, with good quality infrastructure already implemented. Area with electricity, fiber optics, surveillance, maintenance of public accesses and basic sanitation such as drinking water supply, waste collection, sewage treatment and pest control. The area is surrounded by the best golf courses in Europe, beaches and sports complexes with tennis courts, cycling, water facilities, high performance gym, football field, fitness classes and SPAs. The most luxurious shopping center in the Algarve, Quinta Shopping, is just a 5-minute drive away. At Quinta Shopping, you can find a relaxing and spacious space with a diverse range of shops and premium services. In addition to shopping in an open and comfortable space, you can rest and enjoy an excellent breakfast, lunch, dinner, or a cocktail in the evening. Ancão beach is just a few minutes' drive away and features a water sports center and several beachfront bars and restaurants. 10 minutes from the A22 and 20 from the airport, living in this development is a great option for those who want to be part of the Golden Triangle and be surrounded by an environment of nature, sea and the beautiful Ria Formosa. I am fully available to provide you with any additional information about this property and schedule a more detailed visit to it. Schedule your visit now and discover this fabulous lot! #ref: 22384
ALGARVE_QUINTA DO LAGO_VALE DO LOBO Located in the luxury development, between Quinta do Lago and Vale Do Lobo, this plot of land of 960 m2 allows the construction of a luxury villa of up to 450 m2 with 1 floor, with good quality infrastructure already implemented. Area with electricity, fiber optics, surveillance, maintenance of public accesses and basic sanitation such as drinking water supply, waste collection, sewage treatment and pest control. The area is surrounded by the best golf courses in Europe, beaches and sports complexes with tennis courts, cycling, water facilities, high performance gym, football field, fitness classes and SPAs. The most luxurious shopping center in the Algarve, Quinta Shopping, is just a 5-minute drive away. At Quinta Shopping, you can find a relaxing and spacious space with a diverse range of shops and premium services. In addition to shopping in an open and comfortable space, you can rest and enjoy an excellent breakfast, lunch, dinner, or a cocktail in the evening. Ancão beach is just a few minutes' drive away and features a water sports center and several beachfront bars and restaurants. 10 minutes from the A22 and 20 from the airport, living in this development is a great option for those who want to be part of the Golden Triangle and be surrounded by an environment of nature, sea and the beautiful Ria Formosa. I am fully available to provide you with any additional information about this property and schedule a more detailed visit to it. Schedule your visit now and discover this fabulous lot! #ref: 22384
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Currency Exchange
Loulé, Faro, 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 €1,975,000 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 |
|---|---|---|---|
| €1,975,000 | £1,627,203 | £1,697,414 | £70,211 |
| Property Price € | €1,975,000 |
| Minimum cost in the last six months | £1,627,203 |
| Maximum cost in the last six months | £1,697,414 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £70,211 |
Loulé, Faro, 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 €1,975,000 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 |
|---|---|---|---|
| €1,975,000 | £1,627,203 | £1,697,414 | £70,211 |
| Property Price € | €1,975,000 |
| Minimum cost in the last six months | £1,627,203 |
| Maximum cost in the last six months | £1,697,414 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £70,211 |
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 £70,211 more.
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