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Urban Plot for Construction with Approved Project in Porto de Mós, Lagos Discover the perfect location to build your dream home in Porto de Mós, Lagos
Lagos, Faro, Portugal
REF: 902010
€990,000
Description
Urban Plot for Construction with Approved Project in Porto de Mós, Lagos Discover the perfect location to build your dream home in Porto de Mós, Lagos. With stunning ocean views and a luxurious contemporary design, this 598 m² plot comes with an approved project for a two-story villa with a garage, perfectly designed to harmonize with the surrounding landscape. This is your opportunity to live with the sea as your backdrop, just a 10-minute walk from the beautiful Porto de Mós beach, in one of Lagos' most picturesque and serene residential areas. The project includes an elegant 180 m² villa with a private pool, garden, and a basement equipped with a garage for two vehicles. On the ground floor, you will find three bedrooms, including a master suite. The first floor opens up to a spacious, open-plan living area with a modern kitchen that extends to a large terrace, ideal for al fresco dining with a panoramic sea view. High-quality finishes include solar panels, with the option to add an elevator, further enhancing the modern design. Located in a peaceful setting, just 5 minutes by car from Lagos' historic center. For more information, please don't hesitate to contact me! I speak French, Portuguese, and English. I share commissions equally with all agencies. #ref: 121397
Urban Plot for Construction with Approved Project in Porto de Mós, Lagos Discover the perfect location to build your dream home in Porto de Mós, Lagos. With stunning ocean views and a luxurious contemporary design, this 598 m² plot comes with an approved project for a two-story villa with a garage, perfectly designed to harmonize with the surrounding landscape. This is your opportunity to live with the sea as your backdrop, just a 10-minute walk from the beautiful Porto de Mós beach, in one of Lagos' most picturesque and serene residential areas. The project includes an elegant 180 m² villa with a private pool, garden, and a basement equipped with a garage for two vehicles. On the ground floor, you will find three bedrooms, including a master suite. The first floor opens up to a spacious, open-plan living area with a modern kitchen that extends to a large terrace, ideal for al fresco dining with a panoramic sea view. High-quality finishes include solar panels, with the option to add an elevator, further enhancing the modern design. Located in a peaceful setting, just 5 minutes by car from Lagos' historic center. For more information, please don't hesitate to contact me! I speak French, Portuguese, and English. I share commissions equally with all agencies. #ref: 121397
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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 €990,000 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 |
|---|---|---|---|
| €990,000 | £820,027 | £850,856 | £30,829 |
| Property Price € | €990,000 |
| Minimum cost in the last six months | £820,027 |
| Maximum cost in the last six months | £850,856 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £30,829 |
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 €990,000 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 |
|---|---|---|---|
| €990,000 | £820,027 | £850,856 | £30,829 |
| Property Price € | €990,000 |
| Minimum cost in the last six months | £820,027 |
| Maximum cost in the last six months | £850,856 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £30,829 |
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 £30,829 more.
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