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Level I urban plot with 570m2m², to the north of the historic area of Nazaré: Just 2 steps from the best part of Nazaré beach, you'll find this plot of land to unlock all its urbanising potential
Nazaré, Leiria, Portugal
REF: 837797
€375,000
Description
Level I urban plot with 570m2m², to the north of the historic area of Nazaré: Just 2 steps from the best part of Nazaré beach, you'll find this plot of land to unlock all its urbanising potential. It's 570 m² with the entrance to the north on Rua Nova da Areia, in a prime area 2 steps from the restaurant squares and the sheltered beach area, facing south and the sun, with the potential to capture magnificent sea views from the balconies to be developed or from the panoramic terraces, with or without an upper pool. The space is sufficient to approve the lucrative construction of multiple flats, garages and probably 3 habitable floors in line with the dominant height of the street. Considering its rare and privileged location, this plot of land offers very appealing conditions for developing a building project that could be very profitable for the developer and/or investor. This property also has an unlicensed building in very poor condition. It could be demolished or reconfigured in accordance with the possibilities and limitations of national and municipal urban building regulations, or with the intentions of the future owner. For future owners of units to be built, this location offers the possibility of a garage, peace and quiet and the comfort of enjoying the beach just a 2-minute walk from home, next to mini-markets, restaurants, pastry shops, ice-cream parlours. Seafood restaurants and much more. If you are looking for a high-potential investment with calculated risks, we are available to study a sale agreement that involves prior approval of the prior information request or even the construction project, making it possible to conclude the deal later. If you would like more information, please contact Victor Franco at IAD Portugal #ref: 120311
Level I urban plot with 570m2m², to the north of the historic area of Nazaré: Just 2 steps from the best part of Nazaré beach, you'll find this plot of land to unlock all its urbanising potential. It's 570 m² with the entrance to the north on Rua Nova da Areia, in a prime area 2 steps from the restaurant squares and the sheltered beach area, facing south and the sun, with the potential to capture magnificent sea views from the balconies to be developed or from the panoramic terraces, with or without an upper pool. The space is sufficient to approve the lucrative construction of multiple flats, garages and probably 3 habitable floors in line with the dominant height of the street. Considering its rare and privileged location, this plot of land offers very appealing conditions for developing a building project that could be very profitable for the developer and/or investor. This property also has an unlicensed building in very poor condition. It could be demolished or reconfigured in accordance with the possibilities and limitations of national and municipal urban building regulations, or with the intentions of the future owner. For future owners of units to be built, this location offers the possibility of a garage, peace and quiet and the comfort of enjoying the beach just a 2-minute walk from home, next to mini-markets, restaurants, pastry shops, ice-cream parlours. Seafood restaurants and much more. If you are looking for a high-potential investment with calculated risks, we are available to study a sale agreement that involves prior approval of the prior information request or even the construction project, making it possible to conclude the deal later. If you would like more information, please contact Victor Franco at IAD Portugal #ref: 120311
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Property on Map
Currency Exchange
Nazaré, Leiria, 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 €375,000 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 |
|---|---|---|---|
| €375,000 | £310,616 | £322,294 | £11,678 |
| Property Price € | €375,000 |
| Minimum cost in the last six months | £310,616 |
| Maximum cost in the last six months | £322,294 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,678 |
Nazaré, Leiria, 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 €375,000 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 |
|---|---|---|---|
| €375,000 | £310,616 | £322,294 | £11,678 |
| Property Price € | €375,000 |
| Minimum cost in the last six months | £310,616 |
| Maximum cost in the last six months | £322,294 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,678 |
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 £11,678 more.
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