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Plot of Land Sell in Budens,Vila do Bispo
Vila do Bispo, Portugal
REF: 847988
€1,490,000
Description
Discover a hidden gem in Praia das Cabanas Velhas A Prime Investment Opportunity! Located between Burgau and Salema, this area is one of the most beautiful and original parts of the Algarve, where the region still retains its authentic, former character. This is how we can describe this unique plot of urban land in front of the beach, with a construction area of 1,900 m in the urbanization of Quinta da Fortaleza.This diamond in the rough represents an investment opportunity that has never existed on the market before, due to its price and location in the south of Portugal, directly in front of Praia das Cabanas, just 100 meters from the beach and the Atlantic Ocean.The plot has a construction capacity for 6 villas, each with more than 300 m above ground, or a total of 1,900 m on 2 floors plus a basement with a minimum of 1,200 m , meaning each house can have 200 m , which does not count towards the square meters of the basement.The total area of the plot is 4,485 m and is intended for 6 dwellings, allowing for the construction of independent, semi-detached, or townhouses, with the possibility of creating a penthouse-style leisure area on the top floor.If you want to build by the sea and own something truly special, don t miss the opportunity to visit this plot in Quinta da Fortaleza. Located just 100 meters from the beach, this option is one of the best for this purpose.Vila do Bispo is situated on the rugged west coast of the Algarve. Here, you ll find small towns and villages scattered among vast expanses of unspoiled countryside, perfect for those seeking an escape from the hustle and bustle of modern life.The western Algarve coastline is part of the Costa Vicentina Natural Park. Its beautifully preserved beaches are ideal for water sports and are much calmer than those in the central and eastern Algarve. In Vila do Bispo, you ll find the popular surf spot of Sagres, located at the southwestern tip of Portugal.Sagres is also home to the historic Cape St. Vincent, known as "the end of the world," a perfect spot to watch the sunset.
Discover a hidden gem in Praia das Cabanas Velhas A Prime Investment Opportunity! Located between Burgau and Salema, this area is one of the most beautiful and original parts of the Algarve, where the region still retains its authentic, former character. This is how we can describe this unique plot of urban land in front of the beach, with a construction area of 1,900 m in the urbanization of Quinta da Fortaleza.This diamond in the rough represents an investment opportunity that has never existed on the market before, due to its price and location in the south of Portugal, directly in front of Praia das Cabanas, just 100 meters from the beach and the Atlantic Ocean.The plot has a construction capacity for 6 villas, each with more than 300 m above ground, or a total of 1,900 m on 2 floors plus a basement with a minimum of 1,200 m , meaning each house can have 200 m , which does not count towards the square meters of the basement.The total area of the plot is 4,485 m and is intended for 6 dwellings, allowing for the construction of independent, semi-detached, or townhouses, with the possibility of creating a penthouse-style leisure area on the top floor.If you want to build by the sea and own something truly special, don t miss the opportunity to visit this plot in Quinta da Fortaleza. Located just 100 meters from the beach, this option is one of the best for this purpose.Vila do Bispo is situated on the rugged west coast of the Algarve. Here, you ll find small towns and villages scattered among vast expanses of unspoiled countryside, perfect for those seeking an escape from the hustle and bustle of modern life.The western Algarve coastline is part of the Costa Vicentina Natural Park. Its beautifully preserved beaches are ideal for water sports and are much calmer than those in the central and eastern Algarve. In Vila do Bispo, you ll find the popular surf spot of Sagres, located at the southwestern tip of Portugal.Sagres is also home to the historic Cape St. Vincent, known as "the end of the world," a perfect spot to watch the sunset.
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Currency Exchange
Vila do Bispo, 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 €1,490,000 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 |
|---|---|---|---|
| €1,490,000 | £1,234,182 | £1,280,581 | £46,399 |
| Property Price € | €1,490,000 |
| Minimum cost in the last six months | £1,234,182 |
| Maximum cost in the last six months | £1,280,581 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £46,399 |
Vila do Bispo, 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 €1,490,000 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 |
|---|---|---|---|
| €1,490,000 | £1,234,182 | £1,280,581 | £46,399 |
| Property Price € | €1,490,000 |
| Minimum cost in the last six months | £1,234,182 |
| Maximum cost in the last six months | £1,280,581 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £46,399 |
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 £46,399 more.
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