Plot of land WITH APPROVED PROJECT to build your villa in Praia da Luz, Lagos, Algarve, Portugal

Lagos, Faro, Portugal

For Sale

€348,000

REF: 749671 €348,000


716 m2

716 m2

Description

Plot of land WITH APPROVED PROJECT to build your villa in Praia da Luz, Lagos, Algarve, Portugal. 726 m2 plot of land, part of a new urbanisation in the Monte Lemos area, the most prestigious area of Praia da Luz, in the municipality of Lagos. The construction area defined by the licence is 255 m2 with a deployment area of 205 m2.

Access to the urbanisation is excellent and the plot is in an area exclusively for quality housing. The urbanisation is one kilometre from the beach and the city. At Praia da Luz you'll find restaurants, bars, supermarkets, a pharmacy, a medical centre, leisure and sports areas, a diving centre, tennis courts and paddle tennis courts.

As this is a new urbanisation, all the networks are available (sewage, electricity, telephone, internet, etc). It is possible to build a 3-bedroom villa or a 3+1-bedroom villa. It is possible to build a basement. The house can have one or two floors above ground level, depending on the owner's choice.

The choice of architect and project is at the owner's discretion. About Praia da Luz Praia da Luz is a small tourist village on the south coast of Portugal, about 6 kilometres west of the city of Lagos. The village is known for its beautiful beaches, sunny climate and peaceful atmosphere, which make it a popular destination for holidaymakers from all over the world.

The beach itself is one of Praia da Luz's main attractions, with its clear, calm waters and expanse of fine, golden sand. The beach is surrounded by impressive rocky cliffs, creating a unique and picturesque setting. There are various activities available on the beach, including water sports such as kayaking and windsurfing, as well as boat trips to explore the coast and its caves.

Away from the beach, Praia da Luz has many other attractions, including several restaurants and bars offering local and international cuisine, as well as shops selling handicrafts and souvenirs. There is also a local market that takes place every week, where visitors can find fresh, regional produce.

There are several golf courses near Praia da Luz, as well as sports facilities in the town of Lagos, which is just a 5-minute drive away. Overall, Praia da Luz is a charming and relaxing destination with a unique blend of natural beauty, history and culture. If you're looking for a place to relax and enjoy some of the best scenery in Portugal, Praia da Luz is an excellent choice.

About iad, iad is an international real estate agent and currently the largest real estate network operating in Europe. We have been established in the Algarve for many years with more than 200 consultants. We share all our properties with all our professional colleagues. If you have a client who might be interested in this property, please don't hesitate to contact me. #ref: 107324
Plot of land WITH APPROVED PROJECT to build your villa in Praia da Luz, Lagos, Algarve, Portugal. 726 m2 plot of land, part of a new urbanisation in the Monte Lemos area, the most prestigious area of Praia da Luz, in the municipality of Lagos. The construction area defined by the licence is 255 m2 with a deployment area of 205 m2.

Access to the urbanisation is excellent and the plot is in an area exclusively for quality housing. The urbanisation is one kilometre from the beach and the city. At Praia da Luz you'll find restaurants, bars, supermarkets, a pharmacy, a medical centre, leisure and sports areas, a diving centre, tennis courts and paddle tennis courts.

As this is a new urbanisation, all the networks are available (sewage, electricity, telephone, internet, etc). It is possible to build a 3-bedroom villa or a 3+1-bedroom villa. It is possible to build a basement. The house can have one or two floors above ground level, depending on the owner's choice.

The choice of architect and project is at the owner's discretion. About Praia da Luz Praia da Luz is a small tourist village on the south coast of Portugal, about 6 kilometres west of the city of Lagos. The village is known for its beautiful beaches, sunny climate and peaceful atmosphere, which make it a popular destination for holidaymakers from all over the world.

The beach itself is one of Praia da Luz's main attractions, with its clear, calm waters and expanse of fine, golden sand. The beach is surrounded by impressive rocky cliffs, creating a unique and picturesque setting. There are various activities available on the beach, including water sports such as kayaking and windsurfing, as well as boat trips to explore the coast and its caves.

Away from the beach, Praia da Luz has many other attractions, including several restaurants and bars offering local and international cuisine, as well as shops selling handicrafts and souvenirs. There is also a local market that takes place every week, where visitors can find fresh, regional produce.

There are several golf courses near Praia da Luz, as well as sports facilities in the town of Lagos, which is just a 5-minute drive away. Overall, Praia da Luz is a charming and relaxing destination with a unique blend of natural beauty, history and culture. If you're looking for a place to relax and enjoy some of the best scenery in Portugal, Praia da Luz is an excellent choice.

About iad, iad is an international real estate agent and currently the largest real estate network operating in Europe. We have been established in the Algarve for many years with more than 200 consultants. We share all our properties with all our professional colleagues. If you have a client who might be interested in this property, please don't hesitate to contact me. #ref: 107324
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Property on Map

#107324

Currency Exchange

Lagos, Faro, 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 €348,000 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
€348,000 £286,717 £299,089 £12,371
Property Price € €348,000
Minimum cost in the last six months £286,717
Maximum cost in the last six months £299,089
Fluctuating exchange rates over the last six months could have increased the cost of this property by £12,371

Lagos, Faro, 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 €348,000 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
€348,000 £286,717 £299,089 £12,371
Property Price € €348,000
Minimum cost in the last six months £286,717
Maximum cost in the last six months £299,089
Fluctuating exchange rates over the last six months could have increased the cost of this property by £12,371

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 £12,371 more.

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