We present an excellent investment opportunity in Paderne, a picturesque location in Albufeira, Algarve, which combines the tranquillity and authenticity of a rural village with the convenience of being close to one of the region's most vibrant cities

Albufeira, Faro, Portugal

For Sale

€425,000

REF: 856775 €425,000


2

32240 m2

32240 m2

Description

We present an excellent investment opportunity in Paderne, a picturesque location in Albufeira, Algarve, which combines the tranquillity and authenticity of a rural village with the convenience of being close to one of the region's most vibrant cities. This mixed plot contains a villa under construction in the developable area, which is suspended, thus offering the perfect combination of a privileged location and great potential for personalisation.

Location: Monte Novo, Paderne, Albufeira, Algarve - Type: Mixed Land - Villa Status: Under Construction - Total Land Area: 32 240 m² - Total developable land area: 840 m² - Built Area: 184 m² - Number of Bedrooms: 3 - Number of Bathrooms: 2 - Year Built: 1998 - Proximity to Services: Supermarkets, schools, public transport, pharmacies, restaurants and other essential services.

Additional Details: - Urban plot of 840 m²: Space for possible extensions or other additional constructions, with prior authorisation for the construction of 5 dwellings. - Urban Master Plan: After submitting a Simple Information Request to Albufeira Town Council, in accordance with article 31 of the PDM, supplemented by article 28, there is the possibility of dividing the Urbanisable land into 5 plots.

- Borehole on urban land: An asset that increases self-sufficiency and resource savings, invaluable in an area of the country characterised by water scarcity, and can be used for both domestic and agricultural purposes. - Elevated Cistern on Urban Land: An effective and sustainable system for storing water, with applications ranging from domestic use to agriculture and water resource management in general.

- Agricultural land with 31,400 m²: This land is valued for its tree culture, consisting of carob, almond and olive trees. Ideal for growing vegetable gardens, orchards or raising animals. - Small country house: A few metres from the house under construction is a small house, consisting of two small rooms in need of extensive work.

- Accessibility: Just a few minutes from the centre of Paderne and with easy access to the region's main roads, Monte Novo offers a strategic location, making it an excellent choice for both permanent residences and investments. - Environment: Quiet location surrounded by nature, perfect for those seeking a peaceful retreat.

- View: Stunning views of the Algarve countryside. - Alternative Deal: There is the possibility of bartering with a villa and/or flat. Advantages: - Potential for personalisation: As the villa is still under construction, it is possible to personalise the finishes to your liking. - Secure Investment: Excellent investment opportunity in one of the Algarve's most sought-after regions.

Don't miss this opportunity to live in a place where the tranquillity of the countryside meets the comfort of a modern villa. Book your visit now! Paderne is a picturesque parish in the municipality of Albufeira, in the Algarve, southern Portugal. Known for its tranquil setting and deep historical roots, Paderne offers a charming mix of rural and urban landscapes.

Here are some key points that characterise Paderne: 1. History and Heritage: It stands out for its well-preserved medieval castle, dating back to the 12th century, offering panoramic views of the surrounding region. 2. Local Traditions: Keeps the traditions of the Algarve alive, with cultural and religious festivities throughout the year, such as the festival in honour of São Sebastião.

3. Unspoilt Nature: Surrounded by a lush natural landscape, including areas of countryside and typical Algarve vegetation. 4. Facilities and Services: Despite its rural setting, it has essential infrastructure, such as small shops, traditional restaurants, schools and health centres. 5. Access: Located a short distance from Albufeira, it allows easy access to the region's stunning beaches and lively nightlife, while maintaining the tranquillity of the interior.

Paderne is therefore an ideal destination for those seeking a balanced blend of history, nature and Algarvian authenticity, offering a serene and culturally enriching lifestyle. iad is a real estate brokerage company that has no physical shops, which allows me to meet you and provide you with the best service wherever you are, based on professionalism and transparency.

As an independent real estate agent, I have the autonomy to manage my schedule and negotiate my commission with you, guaranteeing you personalised support at every stage of the process and a quality service at the best price. #ref: 122918
We present an excellent investment opportunity in Paderne, a picturesque location in Albufeira, Algarve, which combines the tranquillity and authenticity of a rural village with the convenience of being close to one of the region's most vibrant cities. This mixed plot contains a villa under construction in the developable area, which is suspended, thus offering the perfect combination of a privileged location and great potential for personalisation.

Location: Monte Novo, Paderne, Albufeira, Algarve - Type: Mixed Land - Villa Status: Under Construction - Total Land Area: 32 240 m² - Total developable land area: 840 m² - Built Area: 184 m² - Number of Bedrooms: 3 - Number of Bathrooms: 2 - Year Built: 1998 - Proximity to Services: Supermarkets, schools, public transport, pharmacies, restaurants and other essential services.

Additional Details: - Urban plot of 840 m²: Space for possible extensions or other additional constructions, with prior authorisation for the construction of 5 dwellings. - Urban Master Plan: After submitting a Simple Information Request to Albufeira Town Council, in accordance with article 31 of the PDM, supplemented by article 28, there is the possibility of dividing the Urbanisable land into 5 plots.

- Borehole on urban land: An asset that increases self-sufficiency and resource savings, invaluable in an area of the country characterised by water scarcity, and can be used for both domestic and agricultural purposes. - Elevated Cistern on Urban Land: An effective and sustainable system for storing water, with applications ranging from domestic use to agriculture and water resource management in general.

- Agricultural land with 31,400 m²: This land is valued for its tree culture, consisting of carob, almond and olive trees. Ideal for growing vegetable gardens, orchards or raising animals. - Small country house: A few metres from the house under construction is a small house, consisting of two small rooms in need of extensive work.

- Accessibility: Just a few minutes from the centre of Paderne and with easy access to the region's main roads, Monte Novo offers a strategic location, making it an excellent choice for both permanent residences and investments. - Environment: Quiet location surrounded by nature, perfect for those seeking a peaceful retreat.

- View: Stunning views of the Algarve countryside. - Alternative Deal: There is the possibility of bartering with a villa and/or flat. Advantages: - Potential for personalisation: As the villa is still under construction, it is possible to personalise the finishes to your liking. - Secure Investment: Excellent investment opportunity in one of the Algarve's most sought-after regions.

Don't miss this opportunity to live in a place where the tranquillity of the countryside meets the comfort of a modern villa. Book your visit now! Paderne is a picturesque parish in the municipality of Albufeira, in the Algarve, southern Portugal. Known for its tranquil setting and deep historical roots, Paderne offers a charming mix of rural and urban landscapes.

Here are some key points that characterise Paderne: 1. History and Heritage: It stands out for its well-preserved medieval castle, dating back to the 12th century, offering panoramic views of the surrounding region. 2. Local Traditions: Keeps the traditions of the Algarve alive, with cultural and religious festivities throughout the year, such as the festival in honour of São Sebastião.

3. Unspoilt Nature: Surrounded by a lush natural landscape, including areas of countryside and typical Algarve vegetation. 4. Facilities and Services: Despite its rural setting, it has essential infrastructure, such as small shops, traditional restaurants, schools and health centres. 5. Access: Located a short distance from Albufeira, it allows easy access to the region's stunning beaches and lively nightlife, while maintaining the tranquillity of the interior.

Paderne is therefore an ideal destination for those seeking a balanced blend of history, nature and Algarvian authenticity, offering a serene and culturally enriching lifestyle. iad is a real estate brokerage company that has no physical shops, which allows me to meet you and provide you with the best service wherever you are, based on professionalism and transparency.

As an independent real estate agent, I have the autonomy to manage my schedule and negotiate my commission with you, guaranteeing you personalised support at every stage of the process and a quality service at the best price. #ref: 122918
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Property on Map

#122918

Currency Exchange

Albufeira, 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 €425,000 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
€425,000 £350,158 £365,266 £15,109
Property Price € €425,000
Minimum cost in the last six months £350,158
Maximum cost in the last six months £365,266
Fluctuating exchange rates over the last six months could have increased the cost of this property by £15,109

Albufeira, 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 €425,000 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
€425,000 £350,158 £365,266 £15,109
Property Price € €425,000
Minimum cost in the last six months £350,158
Maximum cost in the last six months £365,266
Fluctuating exchange rates over the last six months could have increased the cost of this property by £15,109

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 £15,109 more.

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