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This villa project located in the PRaia da Luz, fully approved by Lagos Municipal Council, can begin construction immediately
Lagos, Algarve, Portugal, 8600-117
REF: 901734
€1,090,000
Description
This villa project located in the PRaia da Luz, fully approved by Lagos Municipal Council, can begin construction immediately. Spread over two floors, the villa offers 4 bedrooms (including two suites), 3 bathrooms, an open-plan kitchen, and a spacious lounge.
Set on a 716 m plot, this property features a private pool, landscaped garden, and is just 1 km from the beach in a quiet, quality neighborhood.
The construction model provides flexibility: after purchasing the plot, you sign a contract with a reputable local builder who has completed over 100 villas.
Buyers benefit from a competitive price, personalizable finishes, and a guarantee on new equipment and materials.
Located near Lagos and the picturesque Praia da Luz, this property combines modern luxury with the Algarve s serene natural beauty. Reach out to learn more or arrange a visit.
Contact us now for more informations!
This villa project located in the PRaia da Luz, fully approved by Lagos Municipal Council, can begin construction immediately. Spread over two floors, the villa offers 4 bedrooms (including two suites), 3 bathrooms, an open-plan kitchen, and a spacious lounge.
Set on a 716 m plot, this property features a private pool, landscaped garden, and is just 1 km from the beach in a quiet, quality neighborhood.
The construction model provides flexibility: after purchasing the plot, you sign a contract with a reputable local builder who has completed over 100 villas.
Buyers benefit from a competitive price, personalizable finishes, and a guarantee on new equipment and materials.
Located near Lagos and the picturesque Praia da Luz, this property combines modern luxury with the Algarve s serene natural beauty. Reach out to learn more or arrange a visit.
Contact us now for more informations!
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Currency Exchange
Lagos, Algarve, Portugal, 8600-117
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 €1,090,000 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 |
|---|---|---|---|
| €1,090,000 | £898,051 | £924,429 | £26,378 |
| Property Price € | €1,090,000 |
| Minimum cost in the last six months | £898,051 |
| Maximum cost in the last six months | £924,429 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £26,378 |
Lagos, Algarve, Portugal, 8600-117
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 €1,090,000 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 |
|---|---|---|---|
| €1,090,000 | £898,051 | £924,429 | £26,378 |
| Property Price € | €1,090,000 |
| Minimum cost in the last six months | £898,051 |
| Maximum cost in the last six months | £924,429 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £26,378 |
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 £26,378 more.
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