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Land for construction of houses and residential buildings in Tunes
Silves, Faro, Portugal, 8365-231
REF: 780331
€397,500
Description
Land located in Cortesões, Tunes, very close to all types of services, including schools, health center, railway station, cafes and leisure areas. This land has an area of 7,421 m2, is located within the urban center of Tunes and a project was approved in 2009 for the construction of 24 townhouses, a detached house and 2 residential buildings with 5 and 7 dwellings. From lot no. 1 to lot no. 12, it is planned to build 24 townhouses, type T3, with construction areas between 180 m2 and 200 m2, with 2 floors and a basement. On lots 13 and 14, the construction of residential buildings with 5 and 7 dwellings respectively, type T3, is expected. On lot 15, it is planned to build a detached house with a construction area of 250 m2, type T3 and basement. The subdivision and all infrastructure are yet to be completed. The land to be subdivided is served by public water, electricity and telephone networks. The license for the subdivision and infrastructure project and respective construction has expired, but may be submitted again for approval. It is an easily accessible and quiet area. Don't miss this opportunity, contact me! INFORMATION Legal Support (if necessary) Our KW-Kellers Williams branch has a Credit Intermediary Authorized by the Bank of Portugal, if you need financing we can help. At KW - Keller Williams we share business with every real estate consultant or agency with an AMI license because together we can do more for our clients. If you are a professional in the sector and have a qualified client, contact me and schedule your visit, as this property is exclusively listed to provide you with an excellent service! Enviar feedback e opiniõesPainéis lateraisHistóricoGuardadoContribuir
Land located in Cortesões, Tunes, very close to all types of services, including schools, health center, railway station, cafes and leisure areas. This land has an area of 7,421 m2, is located within the urban center of Tunes and a project was approved in 2009 for the construction of 24 townhouses, a detached house and 2 residential buildings with 5 and 7 dwellings. From lot no. 1 to lot no. 12, it is planned to build 24 townhouses, type T3, with construction areas between 180 m2 and 200 m2, with 2 floors and a basement. On lots 13 and 14, the construction of residential buildings with 5 and 7 dwellings respectively, type T3, is expected. On lot 15, it is planned to build a detached house with a construction area of 250 m2, type T3 and basement. The subdivision and all infrastructure are yet to be completed. The land to be subdivided is served by public water, electricity and telephone networks. The license for the subdivision and infrastructure project and respective construction has expired, but may be submitted again for approval. It is an easily accessible and quiet area. Don't miss this opportunity, contact me! INFORMATION Legal Support (if necessary) Our KW-Kellers Williams branch has a Credit Intermediary Authorized by the Bank of Portugal, if you need financing we can help. At KW - Keller Williams we share business with every real estate consultant or agency with an AMI license because together we can do more for our clients. If you are a professional in the sector and have a qualified client, contact me and schedule your visit, as this property is exclusively listed to provide you with an excellent service! Enviar feedback e opiniõesPainéis lateraisHistóricoGuardadoContribuir
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Currency Exchange
Silves, Faro, Portugal, 8365-231
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 €397,500 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 |
|---|---|---|---|
| €397,500 | £329,253 | £341,631 | £12,378 |
| Property Price € | €397,500 |
| Minimum cost in the last six months | £329,253 |
| Maximum cost in the last six months | £341,631 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,378 |
Silves, Faro, Portugal, 8365-231
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 €397,500 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 |
|---|---|---|---|
| €397,500 | £329,253 | £341,631 | £12,378 |
| Property Price € | €397,500 |
| Minimum cost in the last six months | £329,253 |
| Maximum cost in the last six months | £341,631 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,378 |
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 £12,378 more.
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