Build Your Dream Home in Pechão, Olhão: Land with PIP

Olhão, Faro, Portugal, 8700-132

For Sale

€109,000

REF: 872480 €109,000


Description

Build your dream home in Pechão, Olhão! Land with PIP, close to the beach and amenities. Quiet location, perfect for relaxation. Contact us to learn more! Do you want to build your dream home in a quiet location near the center of the Algarve capital? This land in Pechão, Olhão, is the perfect opportunity for you! Prime Location The land is located in a quiet residential area, just minutes from the beach and all essential amenities.

Enjoy: Proximity to the Beach: Just a few minutes from Praia de Faro beach and Olhão islands, ideal for moments of relaxation and leisure. Access to Amenities: Supermarkets, restaurants, schools, and health services nearby. Tranquility and Nature: Surrounded by a tranquil environment and surrounded by nature, providing peace and well-being. Land Features With a total area of 1,193 sq.m., this land offers space to build your dream home.

The implantation area allows you to build a house with a construction area of 74 sq.m., distributed over the ground floor and mezzanine with one bedroom. Renovation Opportunity: The property is currently in ruins, allowing you to design and build your house according to your preferences and needs. Prior Information Request: A prior information request has been submitted to the Olhão City Council, facilitating the licensing process for building your house. Contact us today to learn more about this unique land and build your dream home in Pechão! AlgarveProperty.com - AMI: 2196 - T.: 00351 289310310
Build your dream home in Pechão, Olhão! Land with PIP, close to the beach and amenities. Quiet location, perfect for relaxation. Contact us to learn more! Do you want to build your dream home in a quiet location near the center of the Algarve capital? This land in Pechão, Olhão, is the perfect opportunity for you! Prime Location The land is located in a quiet residential area, just minutes from the beach and all essential amenities.

Enjoy: Proximity to the Beach: Just a few minutes from Praia de Faro beach and Olhão islands, ideal for moments of relaxation and leisure. Access to Amenities: Supermarkets, restaurants, schools, and health services nearby. Tranquility and Nature: Surrounded by a tranquil environment and surrounded by nature, providing peace and well-being. Land Features With a total area of 1,193 sq.m., this land offers space to build your dream home.

The implantation area allows you to build a house with a construction area of 74 sq.m., distributed over the ground floor and mezzanine with one bedroom. Renovation Opportunity: The property is currently in ruins, allowing you to design and build your house according to your preferences and needs. Prior Information Request: A prior information request has been submitted to the Olhão City Council, facilitating the licensing process for building your house. Contact us today to learn more about this unique land and build your dream home in Pechão! AlgarveProperty.com - AMI: 2196 - T.: 00351 289310310
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Property on Map

#TC248088A

Currency Exchange

Olhão, Faro, Portugal, 8700-132

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 €109,000 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
€109,000 £91,486 £94,019 £2,533
Property Price € €109,000
Minimum cost in the last six months £91,486
Maximum cost in the last six months £94,019
Fluctuating exchange rates over the last six months could have increased the cost of this property by £2,533

Olhão, Faro, Portugal, 8700-132

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 €109,000 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
€109,000 £91,486 £94,019 £2,533
Property Price € €109,000
Minimum cost in the last six months £91,486
Maximum cost in the last six months £94,019
Fluctuating exchange rates over the last six months could have increased the cost of this property by £2,533

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 £2,533 more.

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