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LAND WITH 9108 M2 IN OLHÃO WITH PIP FOR CONSTRUCTION OF PRIVATE CONDOMINIUM WITH 80 APARTMENTS
Olhão, Faro, Portugal, 8700-248
REF: 724369
€4,600,000
Description
Urban land of 9108m2 with approved PIP located in Rua da Comunidade Lusíada in Quelfes, Olhão, in a residential area, schools and shops of proximity.
Total land area: 9108m2 Construction area :
3485m2 Implantation area:
2536m2
According to article 49 of the Regulation of the Municipal Master Plan (PDM) of Olhão, the Request for Prior Information (PIP), viabilisa the elaboration of urban operation, namely: construction, reconstruction, expansion, alteration, demolition, urbanization, in .. Urban Land of 9108m2 with approved PIP located in Rua da Comunidade Lusíada in Quelfes, Olhão, in a residential area, schools and shops of proximity.
Total land area: 9108m2 Construction area :
3485m2 Implantation area:
2536m2
According to article 49 of the Regulation of the Municipal Master Plan (PDM) of Olhão, the Request for Prior Information (PIP), viabilisa the elaboration of urban operation, namely: construction, reconstruction, expansion, alteration, demolition, urbanization, in these parameters :-
Usable area 40%
- Maximum housing density of 80 dwellings / apartments
- Green spaces
- Parking On the
ground, there is the construction of a warehouse with industrial use with license to use with infrastructure, water and basic sanitation, sewage from the public network, telecommunications and electricity.
The photographs of the private condominium project are only informative, with the future owner having the possibility to project his project against the parameters made possible.
The city of Olhão and the Ria formosa are known and famous for their eco-tourism and their stunning islands such as Armona Island, Culatra Island, Deserta Island, Lighthouse Island.
Consult us for more information and schedule your visit!
Urban land of 9108m2 with approved PIP located in Rua da Comunidade Lusíada in Quelfes, Olhão, in a residential area, schools and shops of proximity.
Total land area: 9108m2 Construction area :
3485m2 Implantation area:
2536m2
According to article 49 of the Regulation of the Municipal Master Plan (PDM) of Olhão, the Request for Prior Information (PIP), viabilisa the elaboration of urban operation, namely: construction, reconstruction, expansion, alteration, demolition, urbanization, in .. Urban Land of 9108m2 with approved PIP located in Rua da Comunidade Lusíada in Quelfes, Olhão, in a residential area, schools and shops of proximity.
Total land area: 9108m2 Construction area :
3485m2 Implantation area:
2536m2
According to article 49 of the Regulation of the Municipal Master Plan (PDM) of Olhão, the Request for Prior Information (PIP), viabilisa the elaboration of urban operation, namely: construction, reconstruction, expansion, alteration, demolition, urbanization, in these parameters :-
Usable area 40%
- Maximum housing density of 80 dwellings / apartments
- Green spaces
- Parking On the
ground, there is the construction of a warehouse with industrial use with license to use with infrastructure, water and basic sanitation, sewage from the public network, telecommunications and electricity.
The photographs of the private condominium project are only informative, with the future owner having the possibility to project his project against the parameters made possible.
The city of Olhão and the Ria formosa are known and famous for their eco-tourism and their stunning islands such as Armona Island, Culatra Island, Deserta Island, Lighthouse Island.
Consult us for more information and schedule your visit!
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Property on Map
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 | £3,810,226 | £3,953,470 | £143,244 |
| Property Price € | €4,600,000 |
| Minimum cost in the last six months | £3,810,226 |
| 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 | £143,244 |
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 | £3,810,226 | £3,953,470 | £143,244 |
| Property Price € | €4,600,000 |
| Minimum cost in the last six months | £3,810,226 |
| 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 | £143,244 |
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 £143,244 more.
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