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Urban Land in the Heart of Loulé with Approved Project for Six 3-Bedroom Townhouses! Urban land of 1789m2, exceptionally located in the center of Loulé, offers a rare opportunity to invest in an exclusive residential development
Loulé, Faro, Portugal
REF: 807689
€750,000
Description
Urban Land in the Heart of Loulé with Approved Project for Six 3-Bedroom Townhouses! Urban land of 1789m2, exceptionally located in the center of Loulé, offers a rare opportunity to invest in an exclusive residential development. With an approved project for six three-bedroom townhouses, facing south Features: Land area: 1789m2 Gross construction area: 893.77m2; Deployment area: 792m2; Private parking lots: 18; Public parking spaces: 5; No. of floors: 2 floors above the threshold + 1 basement; Each villa will have 3 bedrooms and 3 bathrooms. In the basement there will be a garage, in a private box, with more than 70m2 that can store up to 3 cars. The villas will be part of an exclusive condominium, with a swimming pool in an inviting garden and a private garage. Located in the heart of the city of Loulé, it is less than 12 minutes from Quinta do Lago, around 15 minutes from the Algarve's most famous beaches, 5 minutes from Mar Shopping and IKEA, as well as the A22 and 15km from Faro International Airport. Excellent investment opportunity. Book your visit now! iad is a network of independent real estate consultants based on a fully innovative model that breaks with the traditional concept of a real estate agency. What are 21st century clients looking for when they decide to buy, rent or sell a property? They are looking for a complete, uncomplicated and competitive service. That's what we offer at iad. Our consultants come to meet you, with access to the latest training in the sector and a platform of exclusive tools that allow them to provide you with the best service wherever you are. #ref: 115013
Urban Land in the Heart of Loulé with Approved Project for Six 3-Bedroom Townhouses! Urban land of 1789m2, exceptionally located in the center of Loulé, offers a rare opportunity to invest in an exclusive residential development. With an approved project for six three-bedroom townhouses, facing south Features: Land area: 1789m2 Gross construction area: 893.77m2; Deployment area: 792m2; Private parking lots: 18; Public parking spaces: 5; No. of floors: 2 floors above the threshold + 1 basement; Each villa will have 3 bedrooms and 3 bathrooms. In the basement there will be a garage, in a private box, with more than 70m2 that can store up to 3 cars. The villas will be part of an exclusive condominium, with a swimming pool in an inviting garden and a private garage. Located in the heart of the city of Loulé, it is less than 12 minutes from Quinta do Lago, around 15 minutes from the Algarve's most famous beaches, 5 minutes from Mar Shopping and IKEA, as well as the A22 and 15km from Faro International Airport. Excellent investment opportunity. Book your visit now! iad is a network of independent real estate consultants based on a fully innovative model that breaks with the traditional concept of a real estate agency. What are 21st century clients looking for when they decide to buy, rent or sell a property? They are looking for a complete, uncomplicated and competitive service. That's what we offer at iad. Our consultants come to meet you, with access to the latest training in the sector and a platform of exclusive tools that allow them to provide you with the best service wherever you are. #ref: 115013
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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 €750,000 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 |
|---|---|---|---|
| €750,000 | £621,233 | £644,588 | £23,355 |
| Property Price € | €750,000 |
| Minimum cost in the last six months | £621,233 |
| Maximum cost in the last six months | £644,588 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £23,355 |
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 €750,000 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 |
|---|---|---|---|
| €750,000 | £621,233 | £644,588 | £23,355 |
| Property Price € | €750,000 |
| Minimum cost in the last six months | £621,233 |
| Maximum cost in the last six months | £644,588 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £23,355 |
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 £23,355 more.
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