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Plot with approved Project in Luz /Lagos
Lagos, Faro, Portugal
REF: 878383
€348,000
Description
Located on top of Monte Lemos is this plot of land with Project approved to build a wonderful Villa Welcome to a truly unique opportunity in Luz! This expansive 716 square meter parcel of land is now available for sale, offering endless possibilities for development. With an energetic certification rating of A+, this property is primed for environmentally conscious construction.
The construction boasts a generous size of 255 square meters, providing ample space to build your dream project. Situated in the vibrant village of Luz, this property is ideal for those seeking a lucrative investment in a prime location. Don't miss out on this incredible chance to bring your vision to life in a thriving urban setting. Contact us today to learn more about this exceptional land opportunity.
Located on top of Monte Lemos is this plot of land with Project approved to build a wonderful Villa Welcome to a truly unique opportunity in Luz! This expansive 716 square meter parcel of land is now available for sale, offering endless possibilities for development. With an energetic certification rating of A+, this property is primed for environmentally conscious construction.
The construction boasts a generous size of 255 square meters, providing ample space to build your dream project. Situated in the vibrant village of Luz, this property is ideal for those seeking a lucrative investment in a prime location. Don't miss out on this incredible chance to bring your vision to life in a thriving urban setting. Contact us today to learn more about this exceptional land opportunity.
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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 €348,000 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 |
|---|---|---|---|
| €348,000 | £288,252 | £299,089 | £10,837 |
| Property Price € | €348,000 |
| Minimum cost in the last six months | £288,252 |
| Maximum cost in the last six months | £299,089 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,837 |
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 €348,000 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 |
|---|---|---|---|
| €348,000 | £288,252 | £299,089 | £10,837 |
| Property Price € | €348,000 |
| Minimum cost in the last six months | £288,252 |
| Maximum cost in the last six months | £299,089 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,837 |
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 £10,837 more.
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