Land for construction with 2600m2 located in Almancil

Loulé, Faro, Portugal, 8135-159

For Sale

€1,050,000

REF: 724724 €1,050,000


Description

Land intended for construction with 2600m2 located in a privileged area of Almancil. It has already had a project approved for the construction of 7 townhouses in condominium with communal pool that is currently expired. It is located a few meters from Pingo Doce de Almancil and close to the beach of Quinta do Lago and Vale do Lobo. This is an excellent investment. The natural landscape of the parish can not be neglected either, the western part of the Ria Formosa Natural Park, site of high botanical value and natural habitat of rare ornithological species, is located here. The coastal area, with about 12 km, where the famous beaches of Ancão, Quinta do lago, Garrão and Vale do Lobo are located, is also one of the attractions of this parish.

Currently several internationally renowned tourist developments are located here and some of its golf courses are considered among the best in the world. Our company assists in all sectors such as how to obtain the best exchange rates, account opening and documentation related to bank loans, carrying out improvement works, etc. Do not miss this opportunity and contact us for a visit!
Land intended for construction with 2600m2 located in a privileged area of Almancil. It has already had a project approved for the construction of 7 townhouses in condominium with communal pool that is currently expired. It is located a few meters from Pingo Doce de Almancil and close to the beach of Quinta do Lago and Vale do Lobo. This is an excellent investment. The natural landscape of the parish can not be neglected either, the western part of the Ria Formosa Natural Park, site of high botanical value and natural habitat of rare ornithological species, is located here. The coastal area, with about 12 km, where the famous beaches of Ancão, Quinta do lago, Garrão and Vale do Lobo are located, is also one of the attractions of this parish.

Currently several internationally renowned tourist developments are located here and some of its golf courses are considered among the best in the world. Our company assists in all sectors such as how to obtain the best exchange rates, account opening and documentation related to bank loans, carrying out improvement works, etc. Do not miss this opportunity and contact us for a visit!
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Property on Map

#LP686

Currency Exchange

Loulé, Faro, Portugal, 8135-159

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 €1,050,000 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
€1,050,000 £873,474 £903,651 £30,177
Property Price € €1,050,000
Minimum cost in the last six months £873,474
Maximum cost in the last six months £903,651
Fluctuating exchange rates over the last six months could have increased the cost of this property by £30,177

Loulé, Faro, Portugal, 8135-159

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 €1,050,000 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
€1,050,000 £873,474 £903,651 £30,177
Property Price € €1,050,000
Minimum cost in the last six months £873,474
Maximum cost in the last six months £903,651
Fluctuating exchange rates over the last six months could have increased the cost of this property by £30,177

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 £30,177 more.

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