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Introducing an exceptional opportunity to own an award-winning architect-designed home, ready to commence construction
Lagos, Algarve, Portugal, 8600-281
REF: 692181
€375,000
Description
Introducing an exceptional opportunity to own an award-winning architect-designed home, ready to commence construction. This modern and sleek masterpiece embodies the pinnacle of architectural excellence, boasting a high specification that will surpass even the most discerning buyer's expectations.
Embrace the opportunity to transform this 715m2 plot of land into a remarkable residence that reflects your style and aspirations. With 200 square meters of construction area at your disposal, you can create a home that embodies modern design, functionality, and comfort.
Don't miss the chance to embark on this exciting journey of building your dream home on this impressive plot. Contact us today to explore the possibilities and start turning your vision into reality.
Introducing an exceptional opportunity to own an award-winning architect-designed home, ready to commence construction. This modern and sleek masterpiece embodies the pinnacle of architectural excellence, boasting a high specification that will surpass even the most discerning buyer's expectations.
Embrace the opportunity to transform this 715m2 plot of land into a remarkable residence that reflects your style and aspirations. With 200 square meters of construction area at your disposal, you can create a home that embodies modern design, functionality, and comfort.
Don't miss the chance to embark on this exciting journey of building your dream home on this impressive plot. Contact us today to explore the possibilities and start turning your vision into reality.
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Currency Exchange
Lagos, Algarve, Portugal, 8600-281
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 €375,000 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 |
|---|---|---|---|
| €375,000 | £310,616 | £322,294 | £11,678 |
| Property Price € | €375,000 |
| Minimum cost in the last six months | £310,616 |
| Maximum cost in the last six months | £322,294 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,678 |
Lagos, Algarve, Portugal, 8600-281
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 €375,000 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 |
|---|---|---|---|
| €375,000 | £310,616 | £322,294 | £11,678 |
| Property Price € | €375,000 |
| Minimum cost in the last six months | £310,616 |
| Maximum cost in the last six months | £322,294 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,678 |
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 £11,678 more.
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