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RUIN WITH 178 M2 INSERTED IN A PLOT OF LAND WITH 18440 M2 LOCATED NEAR OLHÃO AND THE RIA FORMOSA
Olhão, Faro, Portugal, 8700-133
REF: 410027
€365,000
Description
Land in excellent location and excellent potential with PIP approved located in Quelfes, Olhão in a serene and unique surrounding area.
It benefits from various fruit trees, carob trees, fig trees, loquat trees, olive trees, almond groves, almond orchard, citrus fruits.
The land consists of 2 articles, one of them rustic with 18000 m2 and the other urban with 440 m2 with an existing ruin of 178m2.
The PIP, Request for Prior Information, contemplates the feasibility of alteration, reconst.. Land in excellent location and excellent potential with PIP approved located in Quelfes, Olhão in a serene and unique surrounding area.
It benefits from various fruit trees, carob trees, fig trees, loquat trees, olive trees, almond groves, almond orchard, citrus fruits.
The land consists of 2 articles, one of them rustic with 18000 m2 and the other urban with 440 m2 with an existing ruin of 178m2.
The PIP, Request for Prior Information, contemplates the feasibility of alteration, reconstruction and expansion works under article 240-E of the R-PDM, for the following purposes:
- Residential house with construction area up to 300m2
- 500m2 for other purposes (those designated in no. 01)
- 2000m2 for Rural Tourism (TER).
(in accordance with the rectified wording of PROT-A/garve given by Declaration of Rectification No. 085-C/2007, of 21 October).
This fantastic plot also has a well, a water tank and a threshing floor, in a serene and quiet location, ideal for building a dream house overlooking the Ria Formosa and starting a new project of life in nature in a unique surrounding area.
It also benefits from all infrastructures, water and sanitation, basic sanitation, sewage from the public network, telecommunications and electricity.
Just 5km from Olhão and the picturesque and famous Olhão Market and the Marina where you can embark to the paradisiacal and stunning islands of Ria Formosa, Armona Island, Culatra Island, Deserted Island, Farol Island.
5km of Olhao
5km from Fuseta
7 km Armona Island
15km of Tavira
10km from Faro International Airport.
Energy Certificate Exemption - Exempt - Excluded from SCE, under article 4 of Decree-Law No. 118 2013, of 20 August
Don't miss this opportunity and book your visit now !!
Land in excellent location and excellent potential with PIP approved located in Quelfes, Olhão in a serene and unique surrounding area.
It benefits from various fruit trees, carob trees, fig trees, loquat trees, olive trees, almond groves, almond orchard, citrus fruits.
The land consists of 2 articles, one of them rustic with 18000 m2 and the other urban with 440 m2 with an existing ruin of 178m2.
The PIP, Request for Prior Information, contemplates the feasibility of alteration, reconst.. Land in excellent location and excellent potential with PIP approved located in Quelfes, Olhão in a serene and unique surrounding area.
It benefits from various fruit trees, carob trees, fig trees, loquat trees, olive trees, almond groves, almond orchard, citrus fruits.
The land consists of 2 articles, one of them rustic with 18000 m2 and the other urban with 440 m2 with an existing ruin of 178m2.
The PIP, Request for Prior Information, contemplates the feasibility of alteration, reconstruction and expansion works under article 240-E of the R-PDM, for the following purposes:
- Residential house with construction area up to 300m2
- 500m2 for other purposes (those designated in no. 01)
- 2000m2 for Rural Tourism (TER).
(in accordance with the rectified wording of PROT-A/garve given by Declaration of Rectification No. 085-C/2007, of 21 October).
This fantastic plot also has a well, a water tank and a threshing floor, in a serene and quiet location, ideal for building a dream house overlooking the Ria Formosa and starting a new project of life in nature in a unique surrounding area.
It also benefits from all infrastructures, water and sanitation, basic sanitation, sewage from the public network, telecommunications and electricity.
Just 5km from Olhão and the picturesque and famous Olhão Market and the Marina where you can embark to the paradisiacal and stunning islands of Ria Formosa, Armona Island, Culatra Island, Deserted Island, Farol Island.
5km of Olhao
5km from Fuseta
7 km Armona Island
15km of Tavira
10km from Faro International Airport.
Energy Certificate Exemption - Exempt - Excluded from SCE, under article 4 of Decree-Law No. 118 2013, of 20 August
Don't miss this opportunity and book your visit now !!
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Property on Map
Currency Exchange
Olhão, Faro, Portugal, 8700-133
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 €365,000 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 |
|---|---|---|---|
| €365,000 | £306,352 | £314,834 | £8,483 |
| Property Price € | €365,000 |
| Minimum cost in the last six months | £306,352 |
| Maximum cost in the last six months | £314,834 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,483 |
Olhão, Faro, Portugal, 8700-133
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 €365,000 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 |
|---|---|---|---|
| €365,000 | £306,352 | £314,834 | £8,483 |
| Property Price € | €365,000 |
| Minimum cost in the last six months | £306,352 |
| Maximum cost in the last six months | £314,834 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,483 |
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 £8,483 more.
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