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A Choice of excellent building plots in a central Albufeira location
Albufeira, Faro, Portugal, 8200-291
REF: 750706
€250,000
Description
A great opportunity to secure a building plot of between 500m2 and 737m2 in a convenient central Albufeira location upon which to construct your dream detached villa. Due to changes within the local plan, this may be one of the last opportunities of its kind in such a prime location. An excellent selection of building plots located in one of Albufeira€™s most convenient locations. Close to all main amenities including schools, sporting facilities and transport links and within ten minutes drive of the beach, golf and marina, these plots will be much sought after by investors or buyers looking to design and construct their perfect forever home.
With almost every facility available in walking distance, these plots are highly desirable and may be one of the last available plots in the municipality with such convenient access.
Within a designated development of just 26 plots, these detached plots will range from 500m2 to 732m2 with varying aspects and pre-determined permissions according to the local plan.
Each plot will have a services connection for electricity, water, sewage and fibre internet, with the entire low-density development planned to offer well planned and easily maintained access.
Plots are available to purchase now. Please speak to our team of experts for further information.
The image renders are examples of potential villa developments on the site and are for information only.
Albufeira was originally a Moorish fishing village dating back to the 8th Century and it's importance as a City of the past, present and future is largely dependent upon it's central Algarve location. Situated just 35 minutes from Faro International Airport and situated upon direct train and motorway links to Lisbon, it's a perfect choice for a second home or more permanent living.
Nowadays, Albufeira is one of Europe's top destinations for sun-seeking tourists and the wider Municipality is rapidly becoming one of the Algarve's most attractive property hotspots. With amazing beaches, a superb range of restaurants, cafés, shops and bars and every possible service close at hand, it's not hard to see why Albufeira is such a popular choice.
A great opportunity to secure a building plot of between 500m2 and 737m2 in a convenient central Albufeira location upon which to construct your dream detached villa. Due to changes within the local plan, this may be one of the last opportunities of its kind in such a prime location. An excellent selection of building plots located in one of Albufeira€™s most convenient locations. Close to all main amenities including schools, sporting facilities and transport links and within ten minutes drive of the beach, golf and marina, these plots will be much sought after by investors or buyers looking to design and construct their perfect forever home.
With almost every facility available in walking distance, these plots are highly desirable and may be one of the last available plots in the municipality with such convenient access.
Within a designated development of just 26 plots, these detached plots will range from 500m2 to 732m2 with varying aspects and pre-determined permissions according to the local plan.
Each plot will have a services connection for electricity, water, sewage and fibre internet, with the entire low-density development planned to offer well planned and easily maintained access.
Plots are available to purchase now. Please speak to our team of experts for further information.
The image renders are examples of potential villa developments on the site and are for information only.
Albufeira was originally a Moorish fishing village dating back to the 8th Century and it's importance as a City of the past, present and future is largely dependent upon it's central Algarve location. Situated just 35 minutes from Faro International Airport and situated upon direct train and motorway links to Lisbon, it's a perfect choice for a second home or more permanent living.
Nowadays, Albufeira is one of Europe's top destinations for sun-seeking tourists and the wider Municipality is rapidly becoming one of the Algarve's most attractive property hotspots. With amazing beaches, a superb range of restaurants, cafés, shops and bars and every possible service close at hand, it's not hard to see why Albufeira is such a popular choice.
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Currency Exchange
Albufeira, Faro, Portugal, 8200-291
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 €250,000 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 |
|---|---|---|---|
| €250,000 | £207,078 | £214,863 | £7,785 |
| Property Price € | €250,000 |
| Minimum cost in the last six months | £207,078 |
| Maximum cost in the last six months | £214,863 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,785 |
Albufeira, Faro, Portugal, 8200-291
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 €250,000 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 |
|---|---|---|---|
| €250,000 | £207,078 | £214,863 | £7,785 |
| Property Price € | €250,000 |
| Minimum cost in the last six months | £207,078 |
| Maximum cost in the last six months | £214,863 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,785 |
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 £7,785 more.
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