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Located just a short walk from the stunning Porto de Mós beach, this prime plot comes with an approved project to create your dream home in one of the Algarve s most desirable areas
Lagos, Algarve, Portugal, 8600-
REF: 915384
€990,000
Description
Located just a short walk from the stunning Porto de Mós beach, this prime plot comes with an approved project to create your dream home in one of the Algarve s most desirable areas.
The ground floor includes three spacious bedrooms, all with fitted wardrobes, and two bathrooms. This level provides direct access to the garden and swimming pool area, offering seamless indoor-outdoor living.
The upper floor is dedicated to an open-plan living space, combining a living room, kitchen, and dining area. Two terraces are included on this level, with the main terrace boasting spectacular sea views. A guest toilet is also planned for convenience.
The basement is designed to accommodate a two-car garage, a laundry room, and a technical area, ensuring practicality and ample storage space.
This is an exceptional opportunity to design and build your dream home in a highly sought-after location, combining modern luxury, stunning views, and proximity to one of the Algarve s most beautiful beaches.
Located just a short walk from the stunning Porto de Mós beach, this prime plot comes with an approved project to create your dream home in one of the Algarve s most desirable areas.
The ground floor includes three spacious bedrooms, all with fitted wardrobes, and two bathrooms. This level provides direct access to the garden and swimming pool area, offering seamless indoor-outdoor living.
The upper floor is dedicated to an open-plan living space, combining a living room, kitchen, and dining area. Two terraces are included on this level, with the main terrace boasting spectacular sea views. A guest toilet is also planned for convenience.
The basement is designed to accommodate a two-car garage, a laundry room, and a technical area, ensuring practicality and ample storage space.
This is an exceptional opportunity to design and build your dream home in a highly sought-after location, combining modern luxury, stunning views, and proximity to one of the Algarve s most beautiful beaches.
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Property on Map
Currency Exchange
Lagos, Algarve, Portugal, 8600-
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 | £815,661 | £839,619 | £23,958 |
| Property Price € | €990,000 |
| Minimum cost in the last six months | £815,661 |
| Maximum cost in the last six months | £839,619 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £23,958 |
Lagos, Algarve, Portugal, 8600-
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 | £815,661 | £839,619 | £23,958 |
| Property Price € | €990,000 |
| Minimum cost in the last six months | £815,661 |
| Maximum cost in the last six months | £839,619 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £23,958 |
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 £23,958 more.
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