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'Unique Opportunity to Build Your Home in Lagos, on Ponta da Piedade Road! Imagine your dream home in one of the most charming areas of Lagos
São Gonçalo de Lagos, Faro, Portugal
REF: 895990
€320,000
Description
'Unique Opportunity to Build Your Home in Lagos, on Ponta da Piedade Road! Imagine your dream home in one of the most charming areas of Lagos. This spacious plot, with a generous 400sqm, is located on the coveted Ponta da Piedade Road, one of the most prestigious regions in the city. This land offers a building footprint of 160sqm, ideal for designing a spacious and elegant residence. The total permitted construction area is 200sqm, providing ample space to create a truly exceptional environment. Situated just a short stroll away from the iconic Ponta da Piedade lighthouse and its golden cliffs with panoramic ocean views, this is an opportunity not to be missed. Enjoy the proximity to the wonderful beaches of Lagos, such as Camilo Beach and Dona Ana Beach, and explore the rich culture and history of this charming city. This plot is a blank canvas waiting for your ideas and inspirations. Whether you aim to create your permanent residence, a holiday home, or even an investment, this is the perfect foundation for your vision of a retreat in the Algarve. Casas do Sotavento, a leading real estate agency in Lagos and the Algarve, is at your service to make this dream a reality. Count on our experience and commitment to assist you at every step of the process. Don't let this unique opportunity to be part of the Lagos community on the stunning Ponta da Piedade Road slip away. Schedule a visit today and begin transforming this plot into your next home! '
'Unique Opportunity to Build Your Home in Lagos, on Ponta da Piedade Road! Imagine your dream home in one of the most charming areas of Lagos. This spacious plot, with a generous 400sqm, is located on the coveted Ponta da Piedade Road, one of the most prestigious regions in the city. This land offers a building footprint of 160sqm, ideal for designing a spacious and elegant residence. The total permitted construction area is 200sqm, providing ample space to create a truly exceptional environment. Situated just a short stroll away from the iconic Ponta da Piedade lighthouse and its golden cliffs with panoramic ocean views, this is an opportunity not to be missed. Enjoy the proximity to the wonderful beaches of Lagos, such as Camilo Beach and Dona Ana Beach, and explore the rich culture and history of this charming city. This plot is a blank canvas waiting for your ideas and inspirations. Whether you aim to create your permanent residence, a holiday home, or even an investment, this is the perfect foundation for your vision of a retreat in the Algarve. Casas do Sotavento, a leading real estate agency in Lagos and the Algarve, is at your service to make this dream a reality. Count on our experience and commitment to assist you at every step of the process. Don't let this unique opportunity to be part of the Lagos community on the stunning Ponta da Piedade Road slip away. Schedule a visit today and begin transforming this plot into your next home! '
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Currency Exchange
São Gonçalo de 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 €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 |
São Gonçalo de 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 €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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