Urban plot(s) near Lagos center

Lagos, Faro, Portugal

For Sale

€320,000

REF: 792912 €320,000


Description

Lagos, Algarve, is a captivating coastal town nestled in the southern region of Portugal. Known for its stunning beaches, historic charm, and vibrant marina, Lagos offers an irresistible allure to homebuyers seeking a coastal haven. Its blend of traditional Portuguese architecture, thriving dining scene, and rich cultural heritage make Lagos an enticing destination for those in search of a delightful Algarve lifestyle.

Introducing an expansive plot of land in Lagos that consists of four smaller plots. Plot number 2 and 3 (see picture) are still available on the market. Both plots have a total area of 400 m2. With a generous construction allowance of 200 m2, on a surface of max 160 m2. Nestled in a desirable location, this plot boasts serene surroundings and offers a blank canvas for you to bring your vision to life. Located close (walking distance) to the center of Lagos, you'll enjoy easy access to a wide range of amenities and attractions.

Whether you seek vibrant city life or tranquil natural beauty, this plot caters to your preferences. Only plots number 2 and 3 are still available for sale, act swiftly to not miss out on this opportunity! - REF: LA25
Lagos, Algarve, is a captivating coastal town nestled in the southern region of Portugal. Known for its stunning beaches, historic charm, and vibrant marina, Lagos offers an irresistible allure to homebuyers seeking a coastal haven. Its blend of traditional Portuguese architecture, thriving dining scene, and rich cultural heritage make Lagos an enticing destination for those in search of a delightful Algarve lifestyle.

Introducing an expansive plot of land in Lagos that consists of four smaller plots. Plot number 2 and 3 (see picture) are still available on the market. Both plots have a total area of 400 m2. With a generous construction allowance of 200 m2, on a surface of max 160 m2. Nestled in a desirable location, this plot boasts serene surroundings and offers a blank canvas for you to bring your vision to life. Located close (walking distance) to the center of Lagos, you'll enjoy easy access to a wide range of amenities and attractions.

Whether you seek vibrant city life or tranquil natural beauty, this plot caters to your preferences. Only plots number 2 and 3 are still available for sale, act swiftly to not miss out on this opportunity! - REF: LA25
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Property on Map

#LA25-2

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 €320,000 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
€320,000 £263,648 £271,392 £7,744
Property Price € €320,000
Minimum cost in the last six months £263,648
Maximum cost in the last six months £271,392
Fluctuating exchange rates over the last six months could have increased the cost of this property by £7,744

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 €320,000 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
€320,000 £263,648 £271,392 £7,744
Property Price € €320,000
Minimum cost in the last six months £263,648
Maximum cost in the last six months £271,392
Fluctuating exchange rates over the last six months could have increased the cost of this property by £7,744

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 £7,744 more.

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