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Plot in Varandas do Lago, near Quinta do Lago for sale for construction of Villa
Loule, Portugal
REF: 593621
€1,275,000
Description
This plot is located within the prestigeous urbanization of Varandas do Lago, near Quinta do Lago. This plot provides an opportunity for someone to build their own home within an urbanization composed of luxury homes and in close proximity to the beach and golf courses. In this plot, you can build a home with two levels and swimming pool, and benefit from existing infra-structures. The Ancao beach is only a few minutes drive, and the golf courses of Quinta do Lago and Vale do Lobo are also within 5 minutes away. A great opportunity to create your own luxury home.
This plot is located within the prestigeous urbanization of Varandas do Lago, near Quinta do Lago. This plot provides an opportunity for someone to build their own home within an urbanization composed of luxury homes and in close proximity to the beach and golf courses. In this plot, you can build a home with two levels and swimming pool, and benefit from existing infra-structures. The Ancao beach is only a few minutes drive, and the golf courses of Quinta do Lago and Vale do Lobo are also within 5 minutes away. A great opportunity to create your own luxury home.
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Currency Exchange
Loule, 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 €1,275,000 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 |
|---|---|---|---|
| €1,275,000 | £1,060,647 | £1,097,291 | £36,644 |
| Property Price € | €1,275,000 |
| Minimum cost in the last six months | £1,060,647 |
| Maximum cost in the last six months | £1,097,291 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £36,644 |
Loule, 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 €1,275,000 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 |
|---|---|---|---|
| €1,275,000 | £1,060,647 | £1,097,291 | £36,644 |
| Property Price € | €1,275,000 |
| Minimum cost in the last six months | £1,060,647 |
| Maximum cost in the last six months | £1,097,291 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £36,644 |
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 £36,644 more.
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