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Almancil - Building plot located on a quiet area between Almancil and Quinta do Lago
Loulé, Faro, Portugal, 8135-034
REF: 798754
€2,140,000
Description
Building plot 7.241sq.m. Almancil, Quinta do Lago. Feasibility 4,688sq.m. Easy access. Water/electricity connection. Good opportunity. We present you with a unique investment opportunity!
This plot of land for construction, with a total area of 7.241sq.m, is located in a quiet residential area near Almancil and the prestigious Quinta do Lago. Its privileged location offers easy access, being only 15/20 minutes away from Vilamoura and Vila Sol.
The true advantage of this land lies in its viability for the construction of 4.688sq.m of services and/or multifamily housing, allowing you to explore various opportunities. You can use this area to create a commercial or residential space or combine both according to your needs and vision.
Furthermore, the land has excellent access via a paved road, providing convenience to future residents or customers of your business. Basic infrastructure is also already guaranteed, with access to water and electricity networks.
Don't miss out on this excellent real estate investment opportunity. Imagine the possibilities and potential of this land in a peaceful and desirable location, close to prestigious resorts and attractive areas such as Vilamoura and Vila Sol. Whether it's for the construction of a residential, commercial, or combined project, this land is the ideal choice.
Contact us right now and secure your place in this promising development.
Building plot 7.241sq.m. Almancil, Quinta do Lago. Feasibility 4,688sq.m. Easy access. Water/electricity connection. Good opportunity. We present you with a unique investment opportunity!
This plot of land for construction, with a total area of 7.241sq.m, is located in a quiet residential area near Almancil and the prestigious Quinta do Lago. Its privileged location offers easy access, being only 15/20 minutes away from Vilamoura and Vila Sol.
The true advantage of this land lies in its viability for the construction of 4.688sq.m of services and/or multifamily housing, allowing you to explore various opportunities. You can use this area to create a commercial or residential space or combine both according to your needs and vision.
Furthermore, the land has excellent access via a paved road, providing convenience to future residents or customers of your business. Basic infrastructure is also already guaranteed, with access to water and electricity networks.
Don't miss out on this excellent real estate investment opportunity. Imagine the possibilities and potential of this land in a peaceful and desirable location, close to prestigious resorts and attractive areas such as Vilamoura and Vila Sol. Whether it's for the construction of a residential, commercial, or combined project, this land is the ideal choice.
Contact us right now and secure your place in this promising development.
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Property on Map
Currency Exchange
Loulé, Faro, Portugal, 8135-034
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 €2,140,000 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 |
|---|---|---|---|
| €2,140,000 | £1,772,583 | £1,839,223 | £66,640 |
| Property Price € | €2,140,000 |
| Minimum cost in the last six months | £1,772,583 |
| Maximum cost in the last six months | £1,839,223 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £66,640 |
Loulé, Faro, Portugal, 8135-034
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 €2,140,000 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 |
|---|---|---|---|
| €2,140,000 | £1,772,583 | £1,839,223 | £66,640 |
| Property Price € | €2,140,000 |
| Minimum cost in the last six months | £1,772,583 |
| Maximum cost in the last six months | £1,839,223 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £66,640 |
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 £66,640 more.
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