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Land With Project for a Single Storey House in Praia Da Luz
Lagos, Faro, Portugal
REF: 860216
€575,000
Description
Presenting a fantastic plot of land in 'Reserva da Luz' for a single-storey house with stunning sea views in Praia da Luz. This private property includes plans for a 100 m house, a 40 m terrace, and a 60 m basement, along with a swimming pool and large garden. Located just 600 meters from the sea and a 20-minute walk to the center of Vila da Praia da Luz, the project, by Architect Renato Cintra, is awaiting approval from the Lagos Chamber. We are delighted to present an exceptional plot of land in 'Reserva da Luz,' perfect for a single-storey house with stunning sea views. Located in the tranquil and expanding area of Praia da Luz, this property offers privacy while being just minutes away from the beach and the town center.
The plot is designed for a single-storey house and includes plans for a 100 m home, complemented by a 40 m terrace and a 60 m basement. Additionally, the property allows for the construction of a swimming pool and a spacious garden, providing ample space for relaxation and outdoor activities.
The property is bordered by a solid fence and features a beautifully maintained garden, ensuring privacy and aesthetic appeal. With the sea just 600 meters away, and the center of Vila da Praia da Luz a mere 20-minute walk, this location combines convenience with tranquility.
The architectural project, developed by Architect Renato Cintra, includes detailed 3D renderings of the proposed house. The project is currently awaiting approval from the Lagos Chamber, making it an excellent opportunity for those looking to build their dream home in a prime location.
Presenting a fantastic plot of land in 'Reserva da Luz' for a single-storey house with stunning sea views in Praia da Luz. This private property includes plans for a 100 m house, a 40 m terrace, and a 60 m basement, along with a swimming pool and large garden. Located just 600 meters from the sea and a 20-minute walk to the center of Vila da Praia da Luz, the project, by Architect Renato Cintra, is awaiting approval from the Lagos Chamber. We are delighted to present an exceptional plot of land in 'Reserva da Luz,' perfect for a single-storey house with stunning sea views. Located in the tranquil and expanding area of Praia da Luz, this property offers privacy while being just minutes away from the beach and the town center.
The plot is designed for a single-storey house and includes plans for a 100 m home, complemented by a 40 m terrace and a 60 m basement. Additionally, the property allows for the construction of a swimming pool and a spacious garden, providing ample space for relaxation and outdoor activities.
The property is bordered by a solid fence and features a beautifully maintained garden, ensuring privacy and aesthetic appeal. With the sea just 600 meters away, and the center of Vila da Praia da Luz a mere 20-minute walk, this location combines convenience with tranquility.
The architectural project, developed by Architect Renato Cintra, includes detailed 3D renderings of the proposed house. The project is currently awaiting approval from the Lagos Chamber, making it an excellent opportunity for those looking to build their dream home in a prime location.
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Property on Map
Currency Exchange
Lagos, Faro, 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 €575,000 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 |
|---|---|---|---|
| €575,000 | £476,278 | £494,184 | £17,906 |
| Property Price € | €575,000 |
| Minimum cost in the last six months | £476,278 |
| Maximum cost in the last six months | £494,184 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,906 |
Lagos, Faro, 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 €575,000 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 |
|---|---|---|---|
| €575,000 | £476,278 | £494,184 | £17,906 |
| Property Price € | €575,000 |
| Minimum cost in the last six months | £476,278 |
| Maximum cost in the last six months | £494,184 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,906 |
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 £17,906 more.
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