If you are looking for a building project, this could be the perfect option for you

Lagos, Algarve, Portugal, 8600-714

For Sale

€185,000

REF: 814594 €185,000



200 m2

248 m2

Description

If you are looking for a building project, this could be the perfect option for you. The plot of urban built, has 248m2 of size and the possibility to build a linked villa with a total area of 200m2 divided in 2 floors, plus basement. The implantation is 100m2. Utilizing the portion of the implantation (100m ) for the ground floor for common areas such as living room, dining room, kitchen, and a guest bathroom. The remaining (100m2) would be utilized for the first floor with space for bedrooms, bathrooms, and possibly a small study. Access to outdoor spaces like a garden or patio can also be incorporated. Finally, the basement could be utilized for various purposes, such as: Private garage, extra storage space, House equipment such as boilers, water tanks, and laundry facilities. With carefully planning and designing the linked villa on this centrally located plot of land in Lagos, you can create an attractive and functional living space that meets the needs of potential residents while maximizing the value of the property.
If you are looking for a building project, this could be the perfect option for you. The plot of urban built, has 248m2 of size and the possibility to build a linked villa with a total area of 200m2 divided in 2 floors, plus basement. The implantation is 100m2. Utilizing the portion of the implantation (100m ) for the ground floor for common areas such as living room, dining room, kitchen, and a guest bathroom. The remaining (100m2) would be utilized for the first floor with space for bedrooms, bathrooms, and possibly a small study. Access to outdoor spaces like a garden or patio can also be incorporated. Finally, the basement could be utilized for various purposes, such as: Private garage, extra storage space, House equipment such as boilers, water tanks, and laundry facilities. With carefully planning and designing the linked villa on this centrally located plot of land in Lagos, you can create an attractive and functional living space that meets the needs of potential residents while maximizing the value of the property.
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Property on Map

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Currency Exchange

Lagos, Algarve, Portugal, 8600-714

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 €185,000 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
€185,000 £155,234 £159,574 £4,340
Property Price € €185,000
Minimum cost in the last six months £155,234
Maximum cost in the last six months £159,574
Fluctuating exchange rates over the last six months could have increased the cost of this property by £4,340

Lagos, Algarve, Portugal, 8600-714

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 €185,000 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
€185,000 £155,234 £159,574 £4,340
Property Price € €185,000
Minimum cost in the last six months £155,234
Maximum cost in the last six months £159,574
Fluctuating exchange rates over the last six months could have increased the cost of this property by £4,340

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 £4,340 more.

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