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Plots with sea views and architects projects for sale in Praia da Luz, Algarve
Lagos, Portugal
REF: 891674
€800,000
Description
For those seeking a contemporary villa with panoramic sea views and close proximity to the beach, town center, and all amenities, this exclusive opportunity in Monte Lemos is truly exceptional. Situated in one of the most sought-after locations overlooking Praia da Luz, this newly developed collection of five premium plots offers the chance to create a bespoke Mario Martins-designed villa with 180 sea views. These plots cater to a variety of preferences, offering different sizes, building allowances, and price points, making it easier to find the perfect fit for your vision. Monte Lemos is known for its tranquil yet accessible setting, offering breathtaking views of the Algarve coastline. Each plot is positioned to maximize sunlight and capture the stunning sea views while providing easy access to the beach and the vibrant center of Luz. Available Plots: PLot 1 - Size: 1,705 m Building Allowance: Permits the construction of a 5-bedroom villa with a generous 480 m area. Optional Expansion: This plot can be combined with an additional 17,000 m parcel of rustic land for added privacy and space. Price: 1,125,000 Plot 2 - Size: 2,100 m (the largest plot in the development). Building Allowance: Approved for a 5-bedroom villa spanning 555 m . Project Ready: Construction can begin immediately with a pre-approved design. Optional Expansion: An adjoining 17,000 m rustic land parcel is available for additional privacy. Price: 1,350,000 Plots 3 and 4 - Sizes: 1,135 m and 1,165 m respectively. Building Allowance: Both plots come with approved plans for stylish 4-bedroom villas, each with a 360 m construction area. Price: 800,000 each Plot 5 - Size: 995 m (compact yet spacious). Building Allowance: Approved for a 4-bedroom villa with a 360 m area. Price: 750,000 This rare opportunity combines modern design, luxurious living, and an unbeatable location. Whether you're looking for a peaceful family home or a stylish holiday retreat, these plots offer the perfect starting point for your dream villa. With only five plots remaining, don t miss the chance to own a piece of this exclusive development and create a home that blends elegance with practicality in one of the Algarve s most prestigious.
For those seeking a contemporary villa with panoramic sea views and close proximity to the beach, town center, and all amenities, this exclusive opportunity in Monte Lemos is truly exceptional. Situated in one of the most sought-after locations overlooking Praia da Luz, this newly developed collection of five premium plots offers the chance to create a bespoke Mario Martins-designed villa with 180 sea views. These plots cater to a variety of preferences, offering different sizes, building allowances, and price points, making it easier to find the perfect fit for your vision. Monte Lemos is known for its tranquil yet accessible setting, offering breathtaking views of the Algarve coastline. Each plot is positioned to maximize sunlight and capture the stunning sea views while providing easy access to the beach and the vibrant center of Luz. Available Plots: PLot 1 - Size: 1,705 m Building Allowance: Permits the construction of a 5-bedroom villa with a generous 480 m area. Optional Expansion: This plot can be combined with an additional 17,000 m parcel of rustic land for added privacy and space. Price: 1,125,000 Plot 2 - Size: 2,100 m (the largest plot in the development). Building Allowance: Approved for a 5-bedroom villa spanning 555 m . Project Ready: Construction can begin immediately with a pre-approved design. Optional Expansion: An adjoining 17,000 m rustic land parcel is available for additional privacy. Price: 1,350,000 Plots 3 and 4 - Sizes: 1,135 m and 1,165 m respectively. Building Allowance: Both plots come with approved plans for stylish 4-bedroom villas, each with a 360 m construction area. Price: 800,000 each Plot 5 - Size: 995 m (compact yet spacious). Building Allowance: Approved for a 4-bedroom villa with a 360 m area. Price: 750,000 This rare opportunity combines modern design, luxurious living, and an unbeatable location. Whether you're looking for a peaceful family home or a stylish holiday retreat, these plots offer the perfect starting point for your dream villa. With only five plots remaining, don t miss the chance to own a piece of this exclusive development and create a home that blends elegance with practicality in one of the Algarve s most prestigious.
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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 €800,000 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 |
|---|---|---|---|
| €800,000 | £659,120 | £676,872 | £17,752 |
| Property Price € | €800,000 |
| Minimum cost in the last six months | £659,120 |
| Maximum cost in the last six months | £676,872 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,752 |
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 €800,000 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 |
|---|---|---|---|
| €800,000 | £659,120 | £676,872 | £17,752 |
| Property Price € | €800,000 |
| Minimum cost in the last six months | £659,120 |
| Maximum cost in the last six months | £676,872 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £17,752 |
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 £17,752 more.
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