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LAGOA - Lovely Building Plot in Parchal
Lagoa, Faro, Portugal, 8400-141
REF: 904762
€130,000
Description
480 sq.m. plot of land.
Possibility of building a house with 201 sq.m. of built area. Centrally located and just 10 minutes drive from the beach, Lagoa, Ferragudo, Carvoeiro or Portimão.
South-West facing, with a natural slope and ideal conditions for solid construction, it is one of the last opportunities available to build a modern house in a well-located and fully developed neighborhood.
Good opportunity. This south-west facing plot, with a natural slope and ideal conditions for solid construction, is one of the last opportunities available to build a modern villa in a well-located and fully developed neighborhood, Parchal in Lagoa.
The 480 sq.m. plot is centrally located and only 10 minutes by car from the beach, Lagoa, Ferragudo, Carvoeiro or Portimão.
Located in a very quiet residential area, this plot is definitely an interesting opportunity for property developers or private builders. Possibility of building a house with 201 sq.m. of built area.
Contact us today for more relevant information.
Good opportunity.
480 sq.m. plot of land.
Possibility of building a house with 201 sq.m. of built area. Centrally located and just 10 minutes drive from the beach, Lagoa, Ferragudo, Carvoeiro or Portimão.
South-West facing, with a natural slope and ideal conditions for solid construction, it is one of the last opportunities available to build a modern house in a well-located and fully developed neighborhood.
Good opportunity. This south-west facing plot, with a natural slope and ideal conditions for solid construction, is one of the last opportunities available to build a modern villa in a well-located and fully developed neighborhood, Parchal in Lagoa.
The 480 sq.m. plot is centrally located and only 10 minutes by car from the beach, Lagoa, Ferragudo, Carvoeiro or Portimão.
Located in a very quiet residential area, this plot is definitely an interesting opportunity for property developers or private builders. Possibility of building a house with 201 sq.m. of built area.
Contact us today for more relevant information.
Good opportunity.
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Property on Map
Currency Exchange
Lagoa, Faro, Portugal, 8400-141
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 €130,000 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 |
|---|---|---|---|
| €130,000 | £107,680 | £111,729 | £4,048 |
| Property Price € | €130,000 |
| Minimum cost in the last six months | £107,680 |
| Maximum cost in the last six months | £111,729 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,048 |
Lagoa, Faro, Portugal, 8400-141
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 €130,000 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 |
|---|---|---|---|
| €130,000 | £107,680 | £111,729 | £4,048 |
| Property Price € | €130,000 |
| Minimum cost in the last six months | £107,680 |
| Maximum cost in the last six months | £111,729 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,048 |
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 £4,048 more.
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