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Investment Opportunity: Land with Approved Project for 3 Bedroom Villa Are you looking for a plot of land in a prime location, close to the city, beach and airport? Look no further! I present you this plot of 585
Faro, Faro, Portugal
REF: 879956
€310,000
Description
Investment Opportunity: Land with Approved Project for 3 Bedroom Villa Are you looking for a plot of land in a prime location, close to the city, beach and airport? Look no further! I present you this plot of 585.66 m², located in Gambelas, a valued and quiet area. The land already has an approved project for a 3 bedroom villa, distributed between the ground floor and the first floor. It is worth mentioning that there is the possibility of converting the mezzanine and the library into two more bedrooms on the upper floor and that all the rooms of the house will be of excellent dimensions. The property is located in a quiet area, just 2 km from Faro, with easy access to supermarkets, nurseries, hospital and private clinic, beach, airport and several other amenities. This location has everything you need to live in comfort and happiness. In the approved project we then have: The ground floor consists of an entrance hall, spacious open space living room with kitchen, laundry and storage area with direct access door to the outside, providing greater practicality and convenience in everyday life, social bathroom and a suite with bathroom and a wonderful closet. The first floor consists of two en-suite bedrooms, an office and a library, with all rooms having access to a balcony and a large terrace. And outside the villa there is a carport, a large barbecue area for your meals, a covered living area, a storage area, a parking space, a garden and an inviting swimming pool. From dream to reality, this is the ideal land to build the house of your dreams. Schedule your visit now and don't let this opportunity slip in front of your screen. #ref: 126238
Investment Opportunity: Land with Approved Project for 3 Bedroom Villa Are you looking for a plot of land in a prime location, close to the city, beach and airport? Look no further! I present you this plot of 585.66 m², located in Gambelas, a valued and quiet area. The land already has an approved project for a 3 bedroom villa, distributed between the ground floor and the first floor. It is worth mentioning that there is the possibility of converting the mezzanine and the library into two more bedrooms on the upper floor and that all the rooms of the house will be of excellent dimensions. The property is located in a quiet area, just 2 km from Faro, with easy access to supermarkets, nurseries, hospital and private clinic, beach, airport and several other amenities. This location has everything you need to live in comfort and happiness. In the approved project we then have: The ground floor consists of an entrance hall, spacious open space living room with kitchen, laundry and storage area with direct access door to the outside, providing greater practicality and convenience in everyday life, social bathroom and a suite with bathroom and a wonderful closet. The first floor consists of two en-suite bedrooms, an office and a library, with all rooms having access to a balcony and a large terrace. And outside the villa there is a carport, a large barbecue area for your meals, a covered living area, a storage area, a parking space, a garden and an inviting swimming pool. From dream to reality, this is the ideal land to build the house of your dreams. Schedule your visit now and don't let this opportunity slip in front of your screen. #ref: 126238
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Currency Exchange
Faro, 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 €310,000 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 |
|---|---|---|---|
| €310,000 | £260,121 | £267,394 | £7,273 |
| Property Price € | €310,000 |
| Minimum cost in the last six months | £260,121 |
| Maximum cost in the last six months | £267,394 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,273 |
Faro, 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 €310,000 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 |
|---|---|---|---|
| €310,000 | £260,121 | £267,394 | £7,273 |
| Property Price € | €310,000 |
| Minimum cost in the last six months | £260,121 |
| Maximum cost in the last six months | £267,394 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,273 |
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 £7,273 more.
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