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Plot with approved project for construction of 4 bedroom villa contemporary style in Quarteira, Algarve
Loulé, Faro, Portugal, 8125-020
REF: 889237
€495,000
Description
417 sq.m. plot with project approved for a contemporary villa with 323 sq.m of built area. Basement. Pool. Quiet residential area 2 km from the beach. Plot with project approved for construction of contemporary housing 5 min. from the beaches of Quarteira, 10 min. from Vale do Lobo and 25 min. from Faro airport.
417 sq.m. plot with 323 sq.m. of built area.
The villa consists of a large basement with space for several versatile options of use. On the ground floor we have a bedroom, a spacious living/dining room with an American style kitchen. While on the upper floor we find three bedrooms with large terraces and two bathrooms.
Enjoy a quiet and residential area just 2 km from the beach and 1 km from the golf course.
Investment Opportunity!
AlgarveProperty.com - AMI: 2196 - T.: +351289310310
417 sq.m. plot with project approved for a contemporary villa with 323 sq.m of built area. Basement. Pool. Quiet residential area 2 km from the beach. Plot with project approved for construction of contemporary housing 5 min. from the beaches of Quarteira, 10 min. from Vale do Lobo and 25 min. from Faro airport.
417 sq.m. plot with 323 sq.m. of built area.
The villa consists of a large basement with space for several versatile options of use. On the ground floor we have a bedroom, a spacious living/dining room with an American style kitchen. While on the upper floor we find three bedrooms with large terraces and two bathrooms.
Enjoy a quiet and residential area just 2 km from the beach and 1 km from the golf course.
Investment Opportunity!
AlgarveProperty.com - AMI: 2196 - T.: +351289310310
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Property on Map
Currency Exchange
Loulé, Faro, Portugal, 8125-020
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 €495,000 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 |
|---|---|---|---|
| €495,000 | £411,781 | £426,007 | £14,226 |
| Property Price € | €495,000 |
| Minimum cost in the last six months | £411,781 |
| Maximum cost in the last six months | £426,007 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,226 |
Loulé, Faro, Portugal, 8125-020
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 €495,000 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 |
|---|---|---|---|
| €495,000 | £411,781 | £426,007 | £14,226 |
| Property Price € | €495,000 |
| Minimum cost in the last six months | £411,781 |
| Maximum cost in the last six months | £426,007 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,226 |
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 £14,226 more.
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