Project Approved for Immediate Build for Sale in Santa Barbara de Nexe

Faro, Faro, Portugal, 8005-491

For Sale

€550,000

REF: 837650 €550,000

Bedrooms
4

Bathrooms
5

Description

Unlock the potential of coastal luxury with this 1760 m plot, featuring an approved 329 m project for a stunning sea-view villa. Embrace the finest in modern living with en-suite bedrooms, a private gym and spa, a sparkling pool, and a vast terrace...

Unlock the potential of coastal luxury with this 1760 m plot, featuring an approved 329 m project for a stunning sea-view villa. Embrace the finest in modern living with en-suite bedrooms, a private gym and spa, a sparkling pool, and a vast terrace all designed to perfection. Your dream home awaits! Welcome to your future oasis! This exceptional property offers a sprawling 1760 m plot with an approved project for a stunning single-family house, meticulously designed to blend luxury with comfort.

Spanning 329 m , the residence promises a harmonious living experience with its thoughtful layout and high-end features. On the ground floor, you'll find three spacious en-suite bedrooms, ensuring privacy and convenience for every family member. Additionally, there's a versatile office or guest room, also en-suite, perfect for accommodating visitors or creating a productive workspace.

The floor also includes a functional laundry area and a covered porch with space for two cars, ensuring your vehicles are sheltered and secure. The first floor is dedicated to leisure and entertainment, boasting a large living room, an elegant dining room, and a modern kitchen, perfect for hosting gatherings or enjoying family meals.

Fitness enthusiasts will appreciate the fully equipped gymnasium, while the spa offers a serene retreat for relaxation. A bathroom is conveniently located on this floor, along with a stunning swimming pool that promises endless fun and relaxation. The highlight of this magnificent property is the expansive 91 m terrace, providing a breathtaking panoramic sea view that spans the entire land.

Imagine sipping your morning coffee or enjoying an evening drink while gazing at the serene ocean, making every moment at home feel like a vacation. This property is more than just land; it s a canvas for your dream home, offering a perfect blend of luxury, functionality, and natural beauty. Don't miss the opportunity to create a lifetime of memories in this extraordinary setting.

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Property on Map

#IDH33370

Currency Exchange

Faro, Faro, Portugal, 8005-491

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 €550,000 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
€550,000	£453,145	£477,450	£24,305

Property Price €	€550,000
Minimum cost in the last six months	£453,145
Maximum cost in the last six months	£477,450
Fluctuating exchange rates over the last six months could have increased the cost of this property by	£24,305

Faro, Faro, Portugal, 8005-491

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 €550,000 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
€550,000	£453,145	£477,450	£24,305

Property Price €	€550,000
Minimum cost in the last six months	£453,145
Maximum cost in the last six months	£477,450
Fluctuating exchange rates over the last six months could have increased the cost of this property by	£24,305

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 £24,305 more.

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