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Plots for villas to build your dream home in Carvoeiro, Algarve
Lagoa, Portugal
REF: 850984
€365,000
Description
This plot, located in a brand new urbanization, is new on the market. This brand new urbanization, just completed with all infrastructures in place, provides a selection of 4 plots. The plot has 2100m2, and allows for construction of a villa with two floors, and swimming pool, with an construction area of 315m2. In accordance with local laws and building regulation the urbanization allows for the construction of a basement Water, electricity and sewage are all in place, so you can design and start your dream home immediately! The location is very convenient for accessing either Carvoeiro, Ferragudo or any of the local beaches, golf courses,and even within walking distance to some of the local restaurants, tennis club, gym and supermarket. A great opportunity to create your dream home.
This plot, located in a brand new urbanization, is new on the market. This brand new urbanization, just completed with all infrastructures in place, provides a selection of 4 plots. The plot has 2100m2, and allows for construction of a villa with two floors, and swimming pool, with an construction area of 315m2. In accordance with local laws and building regulation the urbanization allows for the construction of a basement Water, electricity and sewage are all in place, so you can design and start your dream home immediately! The location is very convenient for accessing either Carvoeiro, Ferragudo or any of the local beaches, golf courses,and even within walking distance to some of the local restaurants, tennis club, gym and supermarket. A great opportunity to create your dream home.
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Currency Exchange
Lagoa, 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 €365,000 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 |
|---|---|---|---|
| €365,000 | £300,724 | £313,699 | £12,976 |
| Property Price € | €365,000 |
| Minimum cost in the last six months | £300,724 |
| Maximum cost in the last six months | £313,699 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,976 |
Lagoa, 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 €365,000 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 |
|---|---|---|---|
| €365,000 | £300,724 | £313,699 | £12,976 |
| Property Price € | €365,000 |
| Minimum cost in the last six months | £300,724 |
| Maximum cost in the last six months | £313,699 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,976 |
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 £12,976 more.
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