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Plot of Land with Approved Project for Luxury Housing - Mexilhoeira Grande, Portimão This plot of land has a total of 292m², with 193m² allocated for construction, located in the peaceful area of Mexilhoeira Grande, Portimão, offers you the ideal opportunity to build the home of your dreams
Portimão, Faro, Portugal
REF: 871624
€149,000
Description
Plot of Land with Approved Project for Luxury Housing - Mexilhoeira Grande, Portimão This plot of land has a total of 292m², with 193m² allocated for construction, located in the peaceful area of Mexilhoeira Grande, Portimão, offers you the ideal opportunity to build the home of your dreams. With an approved project for a modern terraced house, this property has been designed to provide maximum comfort and a premium living experience. The planned house includes: 3 large suites, each with a walk-in closet, providing privacy and luxury for all occupants. Spacious office, perfect for working or studying in peace. Practical and functional guest bathroom. Open-plan living room with kitchenette, perfectly integrating living and leisure areas, with a pantry for added convenience. On the first floor, enjoy a spacious 25m² balcony, offering stunning sunset views. It is the perfect setting to relax and admire the sunset, creating unforgettable moments. Outside, the property also features: A 23m² infinity pool, ideal for cooling off on hot days, adding sophistication to the outdoor space. Private parking of 22m², ensuring the convenience and security you seek. This is a unique opportunity to acquire a property with an architectural project that balances comfort, practicality, and elegance in one of the most sought-after locations in the Algarve. Don't miss this opportunity! For more information and to schedule a visit, contact us. #ref: 125365
Plot of Land with Approved Project for Luxury Housing - Mexilhoeira Grande, Portimão This plot of land has a total of 292m², with 193m² allocated for construction, located in the peaceful area of Mexilhoeira Grande, Portimão, offers you the ideal opportunity to build the home of your dreams. With an approved project for a modern terraced house, this property has been designed to provide maximum comfort and a premium living experience. The planned house includes: 3 large suites, each with a walk-in closet, providing privacy and luxury for all occupants. Spacious office, perfect for working or studying in peace. Practical and functional guest bathroom. Open-plan living room with kitchenette, perfectly integrating living and leisure areas, with a pantry for added convenience. On the first floor, enjoy a spacious 25m² balcony, offering stunning sunset views. It is the perfect setting to relax and admire the sunset, creating unforgettable moments. Outside, the property also features: A 23m² infinity pool, ideal for cooling off on hot days, adding sophistication to the outdoor space. Private parking of 22m², ensuring the convenience and security you seek. This is a unique opportunity to acquire a property with an architectural project that balances comfort, practicality, and elegance in one of the most sought-after locations in the Algarve. Don't miss this opportunity! For more information and to schedule a visit, contact us. #ref: 125365
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Currency Exchange
Portimão, 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 €149,000 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 |
|---|---|---|---|
| €149,000 | £123,418 | £128,058 | £4,640 |
| Property Price € | €149,000 |
| Minimum cost in the last six months | £123,418 |
| Maximum cost in the last six months | £128,058 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,640 |
Portimão, 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 €149,000 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 |
|---|---|---|---|
| €149,000 | £123,418 | £128,058 | £4,640 |
| Property Price € | €149,000 |
| Minimum cost in the last six months | £123,418 |
| Maximum cost in the last six months | £128,058 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,640 |
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 £4,640 more.
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