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Land with 3900m2 | Project approved for individual housing | For sale Algoz
Silves, Faro, Portugal, 8365-087
REF: 598509
€170,000
Description
Land of 3900m with approved project for construction of a detached villa of 400m
(construction can start immediately).
It consists of ground floor, 1st floor, garden, swimming pool and garage. Excellent investment for those who want to build a villa in the ALGARVE:
Land of 3900m with approved project for the construction of a detached villa of 400m
(construction can start immediately).
It consists of ground floor, 1st floor, garden, swimming pool and garage.
Access by tarred street (no exit), this land is located in Calvos, municipality of Silves, in a privileged and quiet location a few kilometers from supermarkets, shopping centers, beaches and the nightlife of Albufeira.
Two small villages with all the infrastructure nearby.
A 150m deep hole was authorized and dug in 2020 (capacity of 1000 liters of water/hour). Water of very good quality.
There is a small ruin and several trees (olive trees, almond trees, carob trees and fig trees) on the grounds. There are about ten holes already made to accommodate fruit trees, as well as a hole to install a garden pond, in an ideal location thanks to the slope of the terrain. The construction project:- Ground floor 295m 3 bedrooms with private bathroom. 19,60m
18,45m and
29m 1
Dressing Room 1 Guest WC 1 laundry Large living and dining room
72,80m
Large kitchen of 38.60m with central island and pantry 1
wine cellar
Access doors to the 2 terraces, north and south of the villa
Patio
- First floor 105,50m
1 master bedroom of 21,60m with private bathroom and dressing room (dressing room)
1 bedroom of 12.25m 1
bathroom
1 living room
large terraces around the villa
Patio
Swimming pool/salt water
engine room 6.40m
Garage 30.70m and parking lots at the entrance of the property
Land of 3900m with approved project for construction of a detached villa of 400m
(construction can start immediately).
It consists of ground floor, 1st floor, garden, swimming pool and garage. Excellent investment for those who want to build a villa in the ALGARVE:
Land of 3900m with approved project for the construction of a detached villa of 400m
(construction can start immediately).
It consists of ground floor, 1st floor, garden, swimming pool and garage.
Access by tarred street (no exit), this land is located in Calvos, municipality of Silves, in a privileged and quiet location a few kilometers from supermarkets, shopping centers, beaches and the nightlife of Albufeira.
Two small villages with all the infrastructure nearby.
A 150m deep hole was authorized and dug in 2020 (capacity of 1000 liters of water/hour). Water of very good quality.
There is a small ruin and several trees (olive trees, almond trees, carob trees and fig trees) on the grounds. There are about ten holes already made to accommodate fruit trees, as well as a hole to install a garden pond, in an ideal location thanks to the slope of the terrain. The construction project:- Ground floor 295m 3 bedrooms with private bathroom. 19,60m
18,45m and
29m 1
Dressing Room 1 Guest WC 1 laundry Large living and dining room
72,80m
Large kitchen of 38.60m with central island and pantry 1
wine cellar
Access doors to the 2 terraces, north and south of the villa
Patio
- First floor 105,50m
1 master bedroom of 21,60m with private bathroom and dressing room (dressing room)
1 bedroom of 12.25m 1
bathroom
1 living room
large terraces around the villa
Patio
Swimming pool/salt water
engine room 6.40m
Garage 30.70m and parking lots at the entrance of the property
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Property on Map
Currency Exchange
Silves, Faro, Portugal, 8365-087
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 €170,000 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 |
|---|---|---|---|
| €170,000 | £140,813 | £146,107 | £5,294 |
| Property Price € | €170,000 |
| Minimum cost in the last six months | £140,813 |
| Maximum cost in the last six months | £146,107 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,294 |
Silves, Faro, Portugal, 8365-087
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 €170,000 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 |
|---|---|---|---|
| €170,000 | £140,813 | £146,107 | £5,294 |
| Property Price € | €170,000 |
| Minimum cost in the last six months | £140,813 |
| Maximum cost in the last six months | £146,107 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,294 |
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 £5,294 more.
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