Olhão - Land to develop in the centre

Olhão, Faro, Portugal, 8700-248

For Sale

€4,600,000

REF: 655119 €4,600,000


Description

Extensive urban land of 9,108 sq.m. that offers multiple development possibilities, including the construction of housing, apartments or condominiums in the vibrant community of Olhão. Situated in the quiet neighborhood of Brancanes, this property has easy access to a variety of amenities, including schools, supermarkets, the Municipal Stadium, Marina, ... 2,536 sq.m.of built area. Excellent opportunity to capitalize on the prosperous real estate market of Olhão. Do not miss the opportunit..

This extensive urban land of 9,108 sq.m. that offers multiple development possibilities, including the construction of housing, apartments or condominiums in the vibrant community of Olhão. Situated in the quiet neighborhood of Brancanes, this property has easy access to a variety of amenities, including schools, supermarkets, the Municipal Stadium of Olhão, a Marina and much more. This property has a covered area of 2,536 sqm. Excellent opportunity to capitalize on the prosperous real estate market of Olhão. Do not miss the opportunity to invest in this privileged property. Schedule a visit today !!!
Extensive urban land of 9,108 sq.m. that offers multiple development possibilities, including the construction of housing, apartments or condominiums in the vibrant community of Olhão. Situated in the quiet neighborhood of Brancanes, this property has easy access to a variety of amenities, including schools, supermarkets, the Municipal Stadium, Marina, ... 2,536 sq.m.of built area. Excellent opportunity to capitalize on the prosperous real estate market of Olhão. Do not miss the opportunit..

This extensive urban land of 9,108 sq.m. that offers multiple development possibilities, including the construction of housing, apartments or condominiums in the vibrant community of Olhão. Situated in the quiet neighborhood of Brancanes, this property has easy access to a variety of amenities, including schools, supermarkets, the Municipal Stadium of Olhão, a Marina and much more. This property has a covered area of 2,536 sqm. Excellent opportunity to capitalize on the prosperous real estate market of Olhão. Do not miss the opportunity to invest in this privileged property. Schedule a visit today !!!
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Property on Map

#TC237552F

Currency Exchange

Olhão, Faro, Portugal, 8700-248

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 €4,600,000 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
€4,600,000 £3,789,940 £3,953,470 £163,530
Property Price € €4,600,000
Minimum cost in the last six months £3,789,940
Maximum cost in the last six months £3,953,470
Fluctuating exchange rates over the last six months could have increased the cost of this property by £163,530

Olhão, Faro, Portugal, 8700-248

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 €4,600,000 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
€4,600,000 £3,789,940 £3,953,470 £163,530
Property Price € €4,600,000
Minimum cost in the last six months £3,789,940
Maximum cost in the last six months £3,953,470
Fluctuating exchange rates over the last six months could have increased the cost of this property by £163,530

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 £163,530 more.

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