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House in the final stages of construction - Lagos
Lagos, Faro, Portugal, 8600-543
REF: 854973
€1,490,000
Description
Individual house under construction. Set on a plot of land measuring 743m2 and a construction area of 496m2, including the basement. Divided over 3 floors, this house has a basement with parking space for 3 or more vehicles. Storage area, laundry and bathroom. On the ground floor it consists of a large living and dining room, an open space kitchen, a bedroom en suite and a guest bathroom. The first floor consists of 3 suites with large balconies enjoying sea views. In the outdoor area you can enjoy beautiful gardens, a 37m swimming pool and a living area where you can enjoy outdoor meals and leisure moments. Privileged by the south/west solar orientation that allows you to enjoy plenty of natural light. With a privileged location just a few minutes walk from Porto de Mos Beach. Close to various services and amenities and just a 15-minute walk from the historic center. Excellent for those looking for an area of excellence and who love tranquility, the beach and the sea. Come visit! Additional information: KW Flash has at its disposal a Credit Intermediary authorized by Banco de Portugal. If you need financing, we can help! At KW Flash we share business with every real estate consultant or agency with an AMI license. We believe that together we can do more for our customers! If you are a professional in the sector and have a qualified client, contact me and schedule a visit!
Individual house under construction. Set on a plot of land measuring 743m2 and a construction area of 496m2, including the basement. Divided over 3 floors, this house has a basement with parking space for 3 or more vehicles. Storage area, laundry and bathroom. On the ground floor it consists of a large living and dining room, an open space kitchen, a bedroom en suite and a guest bathroom. The first floor consists of 3 suites with large balconies enjoying sea views. In the outdoor area you can enjoy beautiful gardens, a 37m swimming pool and a living area where you can enjoy outdoor meals and leisure moments. Privileged by the south/west solar orientation that allows you to enjoy plenty of natural light. With a privileged location just a few minutes walk from Porto de Mos Beach. Close to various services and amenities and just a 15-minute walk from the historic center. Excellent for those looking for an area of excellence and who love tranquility, the beach and the sea. Come visit! Additional information: KW Flash has at its disposal a Credit Intermediary authorized by Banco de Portugal. If you need financing, we can help! At KW Flash we share business with every real estate consultant or agency with an AMI license. We believe that together we can do more for our customers! If you are a professional in the sector and have a qualified client, contact me and schedule a visit!
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Property on Map
Currency Exchange
Lagos, Faro, Portugal, 8600-543
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 €1,490,000 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 |
|---|---|---|---|
| €1,490,000 | £1,234,182 | £1,280,581 | £46,399 |
| Property Price € | €1,490,000 |
| Minimum cost in the last six months | £1,234,182 |
| Maximum cost in the last six months | £1,280,581 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £46,399 |
Lagos, Faro, Portugal, 8600-543
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 €1,490,000 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 |
|---|---|---|---|
| €1,490,000 | £1,234,182 | £1,280,581 | £46,399 |
| Property Price € | €1,490,000 |
| Minimum cost in the last six months | £1,234,182 |
| Maximum cost in the last six months | £1,280,581 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £46,399 |
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 £46,399 more.
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