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Unmissable Opportunity for Investors: 5837m² land with construction feasibility for Commerce, Industry and Services
Loulé, Faro, Portugal
REF: 870744
€1,500,000
Description
Unmissable Opportunity for Investors: 5837m² land with construction feasibility for Commerce, Industry and Services. Strategically located on the EN125 between Faro and Almancil, it presents a unique opportunity for investors looking for land with excellent potential for industrial and commercial development. With a total area of 5837m², the land is ideal for the construction of industrial, commercial, restaurant and service facilities, providing a wide range of possibilities for various projects. The land is viable for the construction of 270m² plus basement, with a request for prior information already granted by the competent authorities. This prior approval offers security and peace of mind to investors, ensuring that the development of the project can occur without significant unforeseen events. Located in a privileged area, the property benefits from fantastic road access, facilitating logistics and transport. The proximity to public services, such as water supply, electricity and sanitation, makes the location even more attractive for different types of projects. The land is in a vibrant area, surrounded by shops, industries, restaurants and various services. The excellent public transport infrastructure nearby ensures easy mobility for workers and customers. 5 minutes from the city of Faro, an important urban center offering a wide range of services and amenities. 10 minutes from Gago Coutinho Airport, facilitating access to national and international travel. This land on EN125 is an excellent investment opportunity, providing an ideal location for the development of industrial and commercial projects in one of the most promising regions of the Algarve. Don't miss the chance to acquire a property with so much potential for growth and appreciation. #ref: 125188
Unmissable Opportunity for Investors: 5837m² land with construction feasibility for Commerce, Industry and Services. Strategically located on the EN125 between Faro and Almancil, it presents a unique opportunity for investors looking for land with excellent potential for industrial and commercial development. With a total area of 5837m², the land is ideal for the construction of industrial, commercial, restaurant and service facilities, providing a wide range of possibilities for various projects. The land is viable for the construction of 270m² plus basement, with a request for prior information already granted by the competent authorities. This prior approval offers security and peace of mind to investors, ensuring that the development of the project can occur without significant unforeseen events. Located in a privileged area, the property benefits from fantastic road access, facilitating logistics and transport. The proximity to public services, such as water supply, electricity and sanitation, makes the location even more attractive for different types of projects. The land is in a vibrant area, surrounded by shops, industries, restaurants and various services. The excellent public transport infrastructure nearby ensures easy mobility for workers and customers. 5 minutes from the city of Faro, an important urban center offering a wide range of services and amenities. 10 minutes from Gago Coutinho Airport, facilitating access to national and international travel. This land on EN125 is an excellent investment opportunity, providing an ideal location for the development of industrial and commercial projects in one of the most promising regions of the Algarve. Don't miss the chance to acquire a property with so much potential for growth and appreciation. #ref: 125188
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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 €1,500,000 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 |
|---|---|---|---|
| €1,500,000 | £1,242,465 | £1,289,175 | £46,710 |
| Property Price € | €1,500,000 |
| Minimum cost in the last six months | £1,242,465 |
| Maximum cost in the last six months | £1,289,175 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £46,710 |
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 €1,500,000 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 |
|---|---|---|---|
| €1,500,000 | £1,242,465 | £1,289,175 | £46,710 |
| Property Price € | €1,500,000 |
| Minimum cost in the last six months | £1,242,465 |
| Maximum cost in the last six months | £1,289,175 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £46,710 |
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 £46,710 more.
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