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Plots For Construction
Loulé, Faro, Portugal, 8135-011 Almancil
REF: 413164
€4,500,000
Description
Located in the popular development of Encosta do Lobo, close to Vale do Lobo and Quinta do Lago.
Located in the popular development of Encosta do Lobo, close to Vale do Lobo and Quinta do Lago, these plots allow for the construction of 4 linked villas.
They could also be joined for a future large detached villa with 2 floors + basement.
Quinta do Lago and Vale do Lobo are two of the most exclusive and luxurious resort areas in the Algarve, Portugal, offering world-class golf courses and a range of other leisure activities.
An excellent opportunity to build the villa of your dreams in a great location, close to the sea, the golf course, local restaurants and amenities.
Located in the popular development of Encosta do Lobo, close to Vale do Lobo and Quinta do Lago.
Located in the popular development of Encosta do Lobo, close to Vale do Lobo and Quinta do Lago, these plots allow for the construction of 4 linked villas.
They could also be joined for a future large detached villa with 2 floors + basement.
Quinta do Lago and Vale do Lobo are two of the most exclusive and luxurious resort areas in the Algarve, Portugal, offering world-class golf courses and a range of other leisure activities.
An excellent opportunity to build the villa of your dreams in a great location, close to the sea, the golf course, local restaurants and amenities.
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Property on Map
Currency Exchange
Loulé, Faro, Portugal, 8135-011 Almancil
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 €4,500,000 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 |
|---|---|---|---|
| €4,500,000 | £3,727,395 | £3,867,525 | £140,130 |
| Property Price € | €4,500,000 |
| Minimum cost in the last six months | £3,727,395 |
| Maximum cost in the last six months | £3,867,525 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £140,130 |
Loulé, Faro, Portugal, 8135-011 Almancil
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 €4,500,000 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 |
|---|---|---|---|
| €4,500,000 | £3,727,395 | £3,867,525 | £140,130 |
| Property Price € | €4,500,000 |
| Minimum cost in the last six months | £3,727,395 |
| Maximum cost in the last six months | £3,867,525 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £140,130 |
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 £140,130 more.
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