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Land Plot for construction of up to 3 Detached Houses - Panoramic countryside views
Silves, Faro, Portugal
REF: 630391
€339,000
Description
Excellent Investment Opportunity!Urban land plot with an area of 5810 m2 situated in São Lourenço de Palmeiral, in an area of dispersed housing. With easy access to its location by tarmac road and unpaved road.Previous Information Request (PIP) approved by Silves City Council.This plot is inserted in Rural Agglomerate with an approximate area of 1970m2 in the extreme south of the land and Rustic solo, in the category of Agricultural Area with an approximate area of 3816m2 to the north of the land in accordance with the PDM plants.In the Rural Agglomeration it is permitted to build 3 functional units which can be used as autonomous units, with independent access, destined for:Habitation houseFor habitation it has a total construction for floor 1 of 150m2, floor 2 the same, which equals a total construction of 300m2. It can be fractioned into a horizontal property regime.Commercial and ServicesTotal construction area of 500m2.Industry and WarehouseTotal construction area of 500m2 with a total building height of 10 metres.Country Cottage (Rural Tourism)Floor 1 is permitted 985m2, with a total of approximately 1970m2.Construction in the highest part of the plot (to the south), enjoying a unique and panoramic view over the countryside. It is also allowed the construction of a pool for each unit having as an option the south, benefiting from better solar orientation for the same.In the property you will find a wide range of trees, such as cork trees, pine trees, olive trees, holm-oaks and fig trees.Locality served by sanitation, mains water and electricity. Distances:Approximately 4 km from the town of Alcantarilha and the Amendoeira Golf Resort Golf Course.52 km from Faro Airport.3 minutes from Alcantarilha Gare - Railway Station.5 - 10 minutes from the EN125 and the A22 motorway.15 minutes from Armação de Pêra and Salgados Beach. A picture is worth a thousand words. But not even a thousand pictures are worth the enchantment of seeing it live.Don't miss this opportunity to build your dream home - "A House on the Prairie". At a distance of one contact, you will learn more about this magnificent plot!At KW we share 50% business with all real estate consultants or agencies with AMI license.
Excellent Investment Opportunity!Urban land plot with an area of 5810 m2 situated in São Lourenço de Palmeiral, in an area of dispersed housing. With easy access to its location by tarmac road and unpaved road.Previous Information Request (PIP) approved by Silves City Council.This plot is inserted in Rural Agglomerate with an approximate area of 1970m2 in the extreme south of the land and Rustic solo, in the category of Agricultural Area with an approximate area of 3816m2 to the north of the land in accordance with the PDM plants.In the Rural Agglomeration it is permitted to build 3 functional units which can be used as autonomous units, with independent access, destined for:Habitation houseFor habitation it has a total construction for floor 1 of 150m2, floor 2 the same, which equals a total construction of 300m2. It can be fractioned into a horizontal property regime.Commercial and ServicesTotal construction area of 500m2.Industry and WarehouseTotal construction area of 500m2 with a total building height of 10 metres.Country Cottage (Rural Tourism)Floor 1 is permitted 985m2, with a total of approximately 1970m2.Construction in the highest part of the plot (to the south), enjoying a unique and panoramic view over the countryside. It is also allowed the construction of a pool for each unit having as an option the south, benefiting from better solar orientation for the same.In the property you will find a wide range of trees, such as cork trees, pine trees, olive trees, holm-oaks and fig trees.Locality served by sanitation, mains water and electricity. Distances:Approximately 4 km from the town of Alcantarilha and the Amendoeira Golf Resort Golf Course.52 km from Faro Airport.3 minutes from Alcantarilha Gare - Railway Station.5 - 10 minutes from the EN125 and the A22 motorway.15 minutes from Armação de Pêra and Salgados Beach. A picture is worth a thousand words. But not even a thousand pictures are worth the enchantment of seeing it live.Don't miss this opportunity to build your dream home - "A House on the Prairie". At a distance of one contact, you will learn more about this magnificent plot!At KW we share 50% business with all real estate consultants or agencies with AMI license.
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Currency Exchange
Silves, 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 €339,000 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 |
|---|---|---|---|
| €339,000 | £280,797 | £291,354 | £10,556 |
| Property Price € | €339,000 |
| Minimum cost in the last six months | £280,797 |
| Maximum cost in the last six months | £291,354 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,556 |
Silves, 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 €339,000 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 |
|---|---|---|---|
| €339,000 | £280,797 | £291,354 | £10,556 |
| Property Price € | €339,000 |
| Minimum cost in the last six months | £280,797 |
| Maximum cost in the last six months | £291,354 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,556 |
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 £10,556 more.
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