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Large building plot with fantastic sea views for sale Lagos, Algarve
Lagos, Portugal
REF: 799837
€1,265,000
Description
A chance to design and build your dream home on one of the most desirable canvases in the Algarve, where large private plots with open sea views are but a stroll down to the 4km stretch of the one and only Meia Praia beach. Neighbouring the Palmares golf course, the Lagos Marina and the town centre are just a short drive (or long walk away) and the Alvor Lagoon and estuary are close by for beautiful scenic walks. The building allowance, although restricted to one story + basement, is generous and the difference in hight between plots and the maximum height restriction guarantee see views. With the infrastructures now complete, and with only 6 plots left, this is a unique opportunity that should not be overlooked. Lote 1 : 1.265.000 Lote 4 : 1.290.000 Lote 5 : 1.350.000 Lote 6 : 1.290.000 - Has an architects project in place Lote 8 : 1.350.000 - Has an architects project in place
A chance to design and build your dream home on one of the most desirable canvases in the Algarve, where large private plots with open sea views are but a stroll down to the 4km stretch of the one and only Meia Praia beach. Neighbouring the Palmares golf course, the Lagos Marina and the town centre are just a short drive (or long walk away) and the Alvor Lagoon and estuary are close by for beautiful scenic walks. The building allowance, although restricted to one story + basement, is generous and the difference in hight between plots and the maximum height restriction guarantee see views. With the infrastructures now complete, and with only 6 plots left, this is a unique opportunity that should not be overlooked. Lote 1 : 1.265.000 Lote 4 : 1.290.000 Lote 5 : 1.350.000 Lote 6 : 1.290.000 - Has an architects project in place Lote 8 : 1.350.000 - Has an architects project in place
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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 €1,265,000 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 |
|---|---|---|---|
| €1,265,000 | £1,047,812 | £1,087,204 | £39,392 |
| Property Price € | €1,265,000 |
| Minimum cost in the last six months | £1,047,812 |
| Maximum cost in the last six months | £1,087,204 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £39,392 |
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 €1,265,000 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 |
|---|---|---|---|
| €1,265,000 | £1,047,812 | £1,087,204 | £39,392 |
| Property Price € | €1,265,000 |
| Minimum cost in the last six months | £1,047,812 |
| Maximum cost in the last six months | £1,087,204 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £39,392 |
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 £39,392 more.
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