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Plot with ruin and approved project
Loulé, Faro, Portugal, 8100-165
REF: 689667
€145,000
Description
If you are looking for a unique opportunity to build your dream home in the Algarve countryside, you might be interested in this plot sold with an approved project near the village of Salir. The plot is located in a rural area with stunning views of the hills and valleys, and has a project approved for a detached house of 220m2 with three bedrooms, two bathrooms, a living room, a kitchen and a covered terrace. The plot has an area of 1.667 square metres and is connected to mains water and electricity. It is only 5 minutes drive from the village of Salir, where you can find shops, restaurants, health centre and other amenities. The plot is also close to the main road that leads to Loulé, Faro and the coast.
Surrounded by quietness, but with some neighbours close by, it is a perfect spot for those who love rural life and who prefer to be in direct contact with nature. Some young fruit trees were already planted and a vegetable garden can easily be created.
This is a rare chance to own a piece of land with an approved project for a house in one of the most beautiful and peaceful regions of the Algarve.
If you are looking for a unique opportunity to build your dream home in the Algarve countryside, you might be interested in this plot sold with an approved project near the village of Salir. The plot is located in a rural area with stunning views of the hills and valleys, and has a project approved for a detached house of 220m2 with three bedrooms, two bathrooms, a living room, a kitchen and a covered terrace. The plot has an area of 1.667 square metres and is connected to mains water and electricity. It is only 5 minutes drive from the village of Salir, where you can find shops, restaurants, health centre and other amenities. The plot is also close to the main road that leads to Loulé, Faro and the coast.
Surrounded by quietness, but with some neighbours close by, it is a perfect spot for those who love rural life and who prefer to be in direct contact with nature. Some young fruit trees were already planted and a vegetable garden can easily be created.
This is a rare chance to own a piece of land with an approved project for a house in one of the most beautiful and peaceful regions of the Algarve.
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Property on Map
Currency Exchange
Loulé, Faro, Portugal, 8100-165
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 €145,000 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 |
|---|---|---|---|
| €145,000 | £120,105 | £124,620 | £4,515 |
| Property Price € | €145,000 |
| Minimum cost in the last six months | £120,105 |
| Maximum cost in the last six months | £124,620 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,515 |
Loulé, Faro, Portugal, 8100-165
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 €145,000 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 |
|---|---|---|---|
| €145,000 | £120,105 | £124,620 | £4,515 |
| Property Price € | €145,000 |
| Minimum cost in the last six months | £120,105 |
| Maximum cost in the last six months | £124,620 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,515 |
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 £4,515 more.
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