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LAND FOR CONSTRUCTION OF CONDOMINIUM IN ALMANCEL SUL Property with approved project for a private condominium of 15 townhouses
Loulé, Faro, Portugal
REF: 750694
€3,500,000
Description
LAND FOR CONSTRUCTION OF CONDOMINIUM IN ALMANCEL SUL Property with approved project for a private condominium of 15 townhouses. This magnificent opportunity is located between Almancil and Quinta do Lago. - Each house consists of basement, ground floor, 1st floor and penthouse - Gross Construction Area for the 15 Houses 3 233.50 m² + basement - Land with 6,467m² Each house will have three floors plus a basement, distributed as follows: On the ground floor there will be a living room with access to the garden and private pool. On this floor there is also a good-sized dining room, kitchen and a guest bathroom. On the first floor we have three fantastic and good-sized suites. The project also allows each house to have an attic and a roof terrace with fantastic views. This magnificent project is located in an area with excellent access, just a few minutes drive from the beautiful Ancão beach, Quinta do Lago, Vilamoura and a range of fantastic golf courses, shops, restaurants and all amenities. Don't miss the opportunity to be part of this magnificent project in one of the most beautiful areas of the Algarve. The land faces a quiet public road, meaning it has access to the public water and sewage network. 5 minutes drive from the beaches 10-minute drive to local and international schools Central but quiet location Good access 5 minutes by car to supermarkets, restaurants etc. For more information, to see the video or to schedule a visit, get in touch! #ref: 107483
LAND FOR CONSTRUCTION OF CONDOMINIUM IN ALMANCEL SUL Property with approved project for a private condominium of 15 townhouses. This magnificent opportunity is located between Almancil and Quinta do Lago. - Each house consists of basement, ground floor, 1st floor and penthouse - Gross Construction Area for the 15 Houses 3 233.50 m² + basement - Land with 6,467m² Each house will have three floors plus a basement, distributed as follows: On the ground floor there will be a living room with access to the garden and private pool. On this floor there is also a good-sized dining room, kitchen and a guest bathroom. On the first floor we have three fantastic and good-sized suites. The project also allows each house to have an attic and a roof terrace with fantastic views. This magnificent project is located in an area with excellent access, just a few minutes drive from the beautiful Ancão beach, Quinta do Lago, Vilamoura and a range of fantastic golf courses, shops, restaurants and all amenities. Don't miss the opportunity to be part of this magnificent project in one of the most beautiful areas of the Algarve. The land faces a quiet public road, meaning it has access to the public water and sewage network. 5 minutes drive from the beaches 10-minute drive to local and international schools Central but quiet location Good access 5 minutes by car to supermarkets, restaurants etc. For more information, to see the video or to schedule a visit, get in touch! #ref: 107483
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Currency Exchange
Loulé, 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 €3,500,000 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 |
|---|---|---|---|
| €3,500,000 | £2,883,650 | £2,961,315 | £77,665 |
| Property Price € | €3,500,000 |
| Minimum cost in the last six months | £2,883,650 |
| Maximum cost in the last six months | £2,961,315 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £77,665 |
Loulé, 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 €3,500,000 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 |
|---|---|---|---|
| €3,500,000 | £2,883,650 | £2,961,315 | £77,665 |
| Property Price € | €3,500,000 |
| Minimum cost in the last six months | £2,883,650 |
| Maximum cost in the last six months | £2,961,315 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £77,665 |
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 £77,665 more.
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