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Off-plan single storey villa for sale in quiet and protected enviorment, Lagos, Algarve
Lagos, Portugal
REF: 679955
€2,386,000
Description
The tidal lagoon, where the Alvor Estuary meets the Meia Praia beach, has always been known for it s Natural and stunning beauty, and with the added touch of the Palmares golf course, this area has become very popular with those who like peace and quiet, and beautiful Nature walks. This off-plan project offers the exceptional opportunity of having a spacious single storey modern designed villa, build to very high standard, on a large and private plot. Installed with all the equipment required for modern contort, these are unique to the market, where the symbioses between modern architecture and Nature is achieved at a reasonable price. Whoever purchases at this phase may still be able to influence the choice of finishing, thus bespoking the exceptional property to their needs. One of the last opportunities available in this development.
The tidal lagoon, where the Alvor Estuary meets the Meia Praia beach, has always been known for it s Natural and stunning beauty, and with the added touch of the Palmares golf course, this area has become very popular with those who like peace and quiet, and beautiful Nature walks. This off-plan project offers the exceptional opportunity of having a spacious single storey modern designed villa, build to very high standard, on a large and private plot. Installed with all the equipment required for modern contort, these are unique to the market, where the symbioses between modern architecture and Nature is achieved at a reasonable price. Whoever purchases at this phase may still be able to influence the choice of finishing, thus bespoking the exceptional property to their needs. One of the last opportunities available in this development.
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Currency Exchange
Lagos, 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 €2,386,000 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 |
|---|---|---|---|
| €2,386,000 | £1,976,348 | £2,050,648 | £74,300 |
| Property Price € | €2,386,000 |
| Minimum cost in the last six months | £1,976,348 |
| Maximum cost in the last six months | £2,050,648 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £74,300 |
Lagos, 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 €2,386,000 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 |
|---|---|---|---|
| €2,386,000 | £1,976,348 | £2,050,648 | £74,300 |
| Property Price € | €2,386,000 |
| Minimum cost in the last six months | £1,976,348 |
| Maximum cost in the last six months | £2,050,648 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £74,300 |
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 £74,300 more.
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