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Estombar Land with project for Rural Tourism
Lagoa, Faro, Portugal, 8400-216
REF: 532435
€1,100,000
Description
With partial view of the gramacho golf, with approved project for Rural Tourism Nestled in Estombar close to Lagoa, this expansive land parcel offers a unique opportunity for those seeking a prime real estate investment. Boasting an impressive 4690 square meters, this property is perfect for development or investment purposes.
The project with 39 spacious bedrooms and 41 bathrooms, the possibilities are endless for creating a customized and luxurious estate.
With breathtaking sea, countryside, and mountain views, this property offers a truly picturesque setting. In addition, the close proximity to the airport, town center, and various schools make it ideal for families and investors alike. The beach is just a short 5km drive, while the golf course is a mere 2km away - ensuring endless opportunities for recreation and relaxation.
With its perfect blend of urban convenience and natural beauty, Lagoa invites you to uncover and embrace the endless possibilities that await on this remarkable property. Don't miss out on the chance to create your dream home or investment opportunity in this flourishing town. Welcome home to Lagoa - where the perfect balance of comfort and serenity awaits.
With partial view of the gramacho golf, with approved project for Rural Tourism Nestled in Estombar close to Lagoa, this expansive land parcel offers a unique opportunity for those seeking a prime real estate investment. Boasting an impressive 4690 square meters, this property is perfect for development or investment purposes.
The project with 39 spacious bedrooms and 41 bathrooms, the possibilities are endless for creating a customized and luxurious estate.
With breathtaking sea, countryside, and mountain views, this property offers a truly picturesque setting. In addition, the close proximity to the airport, town center, and various schools make it ideal for families and investors alike. The beach is just a short 5km drive, while the golf course is a mere 2km away - ensuring endless opportunities for recreation and relaxation.
With its perfect blend of urban convenience and natural beauty, Lagoa invites you to uncover and embrace the endless possibilities that await on this remarkable property. Don't miss out on the chance to create your dream home or investment opportunity in this flourishing town. Welcome home to Lagoa - where the perfect balance of comfort and serenity awaits.
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Currency Exchange
Lagoa, Faro, Portugal, 8400-216
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 €1,100,000 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 |
|---|---|---|---|
| €1,100,000 | £923,252 | £948,816 | £25,564 |
| Property Price € | €1,100,000 |
| Minimum cost in the last six months | £923,252 |
| Maximum cost in the last six months | £948,816 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £25,564 |
Lagoa, Faro, Portugal, 8400-216
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 €1,100,000 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 |
|---|---|---|---|
| €1,100,000 | £923,252 | £948,816 | £25,564 |
| Property Price € | €1,100,000 |
| Minimum cost in the last six months | £923,252 |
| Maximum cost in the last six months | £948,816 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £25,564 |
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 £25,564 more.
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