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Real Estate building Sell in Lagos (S o Sebasti o e Santa Maria),Lagos
Lagos, Portugal
REF: 856999
€320,000
Description
Plot in Lagos - Porto de MosLocated in a quiet area, close to all amenities, this magnificent plot of 516 square meters has views of the sea and the city of Lagos.A perfect living environment can be found just a 20-minute walk away from the marina and historic centre of Lagos. The land has already been approved by the Lagos City Council for a project, and its location offers exceptional potential. An elegant house can be built on this land, whether it s for main residence or investment purposes.Don t miss out on this exceptional chance to acquire a plot in a prime location.Famous for its golden coastline, stunning beaches and bustling atmosphere, Lagos is one of the most popular tourist destinations in the Algarve. Its charming historical centre is lined with cobbled streets, and home to a variety of different eateries, shops and entertainment venues. Lagos boasts an award-winning Marina, situated on the other side of the Ribeira de Bensafrim, and a number of leading golf courses and clubs.
Plot in Lagos - Porto de MosLocated in a quiet area, close to all amenities, this magnificent plot of 516 square meters has views of the sea and the city of Lagos.A perfect living environment can be found just a 20-minute walk away from the marina and historic centre of Lagos. The land has already been approved by the Lagos City Council for a project, and its location offers exceptional potential. An elegant house can be built on this land, whether it s for main residence or investment purposes.Don t miss out on this exceptional chance to acquire a plot in a prime location.Famous for its golden coastline, stunning beaches and bustling atmosphere, Lagos is one of the most popular tourist destinations in the Algarve. Its charming historical centre is lined with cobbled streets, and home to a variety of different eateries, shops and entertainment venues. Lagos boasts an award-winning Marina, situated on the other side of the Ribeira de Bensafrim, and a number of leading golf courses and clubs.
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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 €320,000 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 |
|---|---|---|---|
| €320,000 | £265,059 | £275,024 | £9,965 |
| Property Price € | €320,000 |
| Minimum cost in the last six months | £265,059 |
| Maximum cost in the last six months | £275,024 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,965 |
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 €320,000 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 |
|---|---|---|---|
| €320,000 | £265,059 | £275,024 | £9,965 |
| Property Price € | €320,000 |
| Minimum cost in the last six months | £265,059 |
| Maximum cost in the last six months | £275,024 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,965 |
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 £9,965 more.
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