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Land with Approved Project for Luxury Home Explore the exclusivity of this land, with an approved project for the construction of a prestigious detached villa, including a pool and garage with a basement
Vila Nova de Cacela, Faro, Portugal
REF: 895756
€475,000
Description
Land with Approved Project for Luxury Home Explore the exclusivity of this land, with an approved project for the construction of a prestigious detached villa, including a pool and garage with a basement. The location, only 600 meters from Monte Rei Golf, stands out for its proximity to this renowned attraction. Key Features: Approved Project: Every detail has been meticulously planned and approved by the Municipal Council, ensuring a high-quality and legal construction. Prime Location: Just 600 meters from Monte Rei Golf, offering a unique setting for golf enthusiasts. Connected Infrastructure: Water and sewage connected to the public network, providing convenience and sustainability. Construction Features: Premium Construction: The villa will be an expression of luxury, with superior finishes in every detail. Breathtaking Sea View: Enjoy a panoramic view of the ocean, adding an exclusive touch to the property. Double Garage and Technical Area in the Basement: Functionality and space for vehicles, along with a well-planned technical area in the basement. Preparation for Suite on the Upper Attic Floor: Flexibility to install a suite on the upper attic floor, providing versatility in the space. Total Area over 2581sqm: A generous plot offering space for lush gardens and recreational areas. Rare Situation in the Hills: Public Water Access: A rarity in the region, the land has access to public water, ensuring a stable and quality water supply. Connection to Public Sewage: Contributing to efficient waste management, the land is connected to the public sewage system. This is a unique opportunity to build the house of your dreams, with all modern amenities and a prestigious surrounding environment. Don't miss the chance to invest in this exceptional land. Schedule a visit to explore the full potential of this exclusive location
Land with Approved Project for Luxury Home Explore the exclusivity of this land, with an approved project for the construction of a prestigious detached villa, including a pool and garage with a basement. The location, only 600 meters from Monte Rei Golf, stands out for its proximity to this renowned attraction. Key Features: Approved Project: Every detail has been meticulously planned and approved by the Municipal Council, ensuring a high-quality and legal construction. Prime Location: Just 600 meters from Monte Rei Golf, offering a unique setting for golf enthusiasts. Connected Infrastructure: Water and sewage connected to the public network, providing convenience and sustainability. Construction Features: Premium Construction: The villa will be an expression of luxury, with superior finishes in every detail. Breathtaking Sea View: Enjoy a panoramic view of the ocean, adding an exclusive touch to the property. Double Garage and Technical Area in the Basement: Functionality and space for vehicles, along with a well-planned technical area in the basement. Preparation for Suite on the Upper Attic Floor: Flexibility to install a suite on the upper attic floor, providing versatility in the space. Total Area over 2581sqm: A generous plot offering space for lush gardens and recreational areas. Rare Situation in the Hills: Public Water Access: A rarity in the region, the land has access to public water, ensuring a stable and quality water supply. Connection to Public Sewage: Contributing to efficient waste management, the land is connected to the public sewage system. This is a unique opportunity to build the house of your dreams, with all modern amenities and a prestigious surrounding environment. Don't miss the chance to invest in this exceptional land. Schedule a visit to explore the full potential of this exclusive location
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Currency Exchange
Vila Nova de Cacela, 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 €475,000 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 |
|---|---|---|---|
| €475,000 | £393,447 | £408,239 | £14,792 |
| Property Price € | €475,000 |
| Minimum cost in the last six months | £393,447 |
| Maximum cost in the last six months | £408,239 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,792 |
Vila Nova de Cacela, 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 €475,000 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 |
|---|---|---|---|
| €475,000 | £393,447 | £408,239 | £14,792 |
| Property Price € | €475,000 |
| Minimum cost in the last six months | £393,447 |
| Maximum cost in the last six months | £408,239 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,792 |
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 £14,792 more.
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