ALMANCIL - Plot of land with sea views for the construction of a villa

Loulé, Faro, Portugal, 8100-267

For Sale

€1,600,000

REF: 662929 €1,600,000


Description

7.600 sq.m. plot in the Golden Triangle close to all amenities (shops, restaurants, bars, supermarkets,...). A few minutes from the beach and golf courses at Quinta do Lago, Vale do Lobo and Vilamoura. Project under approval for the construction of a villa with 450 sq.m. of built area plus a 300 sq.m.

basement. The project also includes a swimming pool with island and tennis court. Panoramic countryside and sea views. Investment opportunity. It deserves to be visited. 7.600 sq.m. plot excellently located in the Golden Triangle. Close to all amenities (shops, restaurants, bars, supermarkets,...). A few minutes from the beach and golf courses at Quinta do Lago, Vale do Lobo and Vilamoura. Has a project under approval for the construction of a villa with 450 sq.m.

of built area plus a 300 sq.m. basement. The project also includes a swimming pool with island and tennis court. Panoramic countryside and sea views. Good investment opportunity. It deserves to be visited.
7.600 sq.m. plot in the Golden Triangle close to all amenities (shops, restaurants, bars, supermarkets,...). A few minutes from the beach and golf courses at Quinta do Lago, Vale do Lobo and Vilamoura. Project under approval for the construction of a villa with 450 sq.m. of built area plus a 300 sq.m.

basement. The project also includes a swimming pool with island and tennis court. Panoramic countryside and sea views. Investment opportunity. It deserves to be visited. 7.600 sq.m. plot excellently located in the Golden Triangle. Close to all amenities (shops, restaurants, bars, supermarkets,...). A few minutes from the beach and golf courses at Quinta do Lago, Vale do Lobo and Vilamoura. Has a project under approval for the construction of a villa with 450 sq.m.

of built area plus a 300 sq.m. basement. The project also includes a swimming pool with island and tennis court. Panoramic countryside and sea views. Good investment opportunity. It deserves to be visited.
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Property on Map

#TC227451M

Currency Exchange

Loulé, Faro, Portugal, 8100-267

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 €1,600,000 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
€1,600,000 £1,325,296 £1,375,120 £49,824
Property Price € €1,600,000
Minimum cost in the last six months £1,325,296
Maximum cost in the last six months £1,375,120
Fluctuating exchange rates over the last six months could have increased the cost of this property by £49,824

Loulé, Faro, Portugal, 8100-267

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 €1,600,000 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
€1,600,000 £1,325,296 £1,375,120 £49,824
Property Price € €1,600,000
Minimum cost in the last six months £1,325,296
Maximum cost in the last six months £1,375,120
Fluctuating exchange rates over the last six months could have increased the cost of this property by £49,824

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 £49,824 more.

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