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A plot of 598m², with an approved project for a modern-style villa, with an uninterrupted sea view in Porto de Mós, Lagos, Algarve
Lagos, Portugal
REF: 847835
€990,000
Description
A plot of 598m², with an approved project for a modern-style villa, with an uninterrupted sea view in Porto de Mós, Lagos, Algarve. This is a project for a villa with a swimming pool, garden and a basement with a garage. The plot will be transformed into a 340 m² villa, in a calm residential location, from 6 minutes walk to the beach Porto de Mós, which will provide with fantastic views of the ocean to enjoy from sunrise to sunset. This exceptional architectural project proposes a villa with three floors, including a large garage with space for up to three vehicles. With large areas and large windows, the villa creates a perfect blend between internal comfort and the beauty of the surroundings. On the ground floor, there are three bedrooms, one of which is en suite. On the first floor, the kitchen and the living room are in open space, with direct access to a large terrace with a splendid sea view. This plot is located in one of the most sought-after locations in Lagos, with unrivalled views, uniquely intertwined with nature, providing a truly special environment in a quiet residential area, is less than 10 minutes from Lagos center and about 1 hour from Faro International Airport. Excluded from the SCE, under alinea f) of Article 4 of Decree Law No. 118/2013, of 20 August, as amended. CHARACTERISTICS:Plot Area: 598 m2 | 6 437 sq ftArea: 598 m2 | 6 437 sq ftDeployment Area: 180 m2 | 1 938 sq ftEnergy efficiency: FreeFEATURES:598 m² plot Approved project 340 m² villa Internationally awarded, LUXIMOS Christie's presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage. LUXIMOS Christie's is the exclusive affiliate of Christie s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal. Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina. LIc AMI 9063
A plot of 598m², with an approved project for a modern-style villa, with an uninterrupted sea view in Porto de Mós, Lagos, Algarve. This is a project for a villa with a swimming pool, garden and a basement with a garage. The plot will be transformed into a 340 m² villa, in a calm residential location, from 6 minutes walk to the beach Porto de Mós, which will provide with fantastic views of the ocean to enjoy from sunrise to sunset. This exceptional architectural project proposes a villa with three floors, including a large garage with space for up to three vehicles. With large areas and large windows, the villa creates a perfect blend between internal comfort and the beauty of the surroundings. On the ground floor, there are three bedrooms, one of which is en suite. On the first floor, the kitchen and the living room are in open space, with direct access to a large terrace with a splendid sea view. This plot is located in one of the most sought-after locations in Lagos, with unrivalled views, uniquely intertwined with nature, providing a truly special environment in a quiet residential area, is less than 10 minutes from Lagos center and about 1 hour from Faro International Airport. Excluded from the SCE, under alinea f) of Article 4 of Decree Law No. 118/2013, of 20 August, as amended. CHARACTERISTICS:Plot Area: 598 m2 | 6 437 sq ftArea: 598 m2 | 6 437 sq ftDeployment Area: 180 m2 | 1 938 sq ftEnergy efficiency: FreeFEATURES:598 m² plot Approved project 340 m² villa Internationally awarded, LUXIMOS Christie's presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage. LUXIMOS Christie's is the exclusive affiliate of Christie s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal. Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina. LIc AMI 9063
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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 €990,000 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 |
|---|---|---|---|
| €990,000 | £823,561 | £852,014 | £28,453 |
| Property Price € | €990,000 |
| Minimum cost in the last six months | £823,561 |
| Maximum cost in the last six months | £852,014 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £28,453 |
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 €990,000 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 |
|---|---|---|---|
| €990,000 | £823,561 | £852,014 | £28,453 |
| Property Price € | €990,000 |
| Minimum cost in the last six months | £823,561 |
| Maximum cost in the last six months | £852,014 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £28,453 |
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 £28,453 more.
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