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Plot of land with approved project for a 1-bedroom house in Santa Luzia, just 50 meters from the seafront
Santa Luzia, Faro, Portugal
REF: 895836
€195,000
Description
Plot of land with approved project for a 1-bedroom house in Santa Luzia, just 50 meters from the seafront. This 61.74sqm plot of land has a construction area of approximately 90sqm. The license is pending payment. The project envisages the construction of a 1-bedroom house with two floors. On the ground floor there is an open-plan living room and kitchen, a guest bathroom and a patio. On the first floor there is an en-suite bedroom. Located in the fishing village of Santa Luzia, where you can access various local shops and services. Access to the boat to Santa Luzia beach is just a 5-minute walk away. The city of Tavira is a 5-minute drive away, and there is also the possibility of taking the cycle path. Contact us for more information about your future holiday home! About the town of Santa Luzia This fishing village also thrives on tourism, with quality accommodation, restaurants and beaches. Known as the 'capital of octopus', Santa Luzia offers all its visitors true moments of harmony and well-being. Enjoy the life of this town and the fishing arts that coexist in an environment of harmony with tourism and the hospitality of the people of Santa Luzia. Casas do Sotavento is a family business, recognised in Portugal and abroad by customers, employees and investors for the quality of our actions and our projects. Our mission is to provide an easy and peaceful experience. Our concern is to treat everyone as we would like to be treated.
Plot of land with approved project for a 1-bedroom house in Santa Luzia, just 50 meters from the seafront. This 61.74sqm plot of land has a construction area of approximately 90sqm. The license is pending payment. The project envisages the construction of a 1-bedroom house with two floors. On the ground floor there is an open-plan living room and kitchen, a guest bathroom and a patio. On the first floor there is an en-suite bedroom. Located in the fishing village of Santa Luzia, where you can access various local shops and services. Access to the boat to Santa Luzia beach is just a 5-minute walk away. The city of Tavira is a 5-minute drive away, and there is also the possibility of taking the cycle path. Contact us for more information about your future holiday home! About the town of Santa Luzia This fishing village also thrives on tourism, with quality accommodation, restaurants and beaches. Known as the 'capital of octopus', Santa Luzia offers all its visitors true moments of harmony and well-being. Enjoy the life of this town and the fishing arts that coexist in an environment of harmony with tourism and the hospitality of the people of Santa Luzia. Casas do Sotavento is a family business, recognised in Portugal and abroad by customers, employees and investors for the quality of our actions and our projects. Our mission is to provide an easy and peaceful experience. Our concern is to treat everyone as we would like to be treated.
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Currency Exchange
Santa Luzia, 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 €195,000 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 |
|---|---|---|---|
| €195,000 | £160,661 | £169,278 | £8,617 |
| Property Price € | €195,000 |
| Minimum cost in the last six months | £160,661 |
| Maximum cost in the last six months | £169,278 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,617 |
Santa Luzia, 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 €195,000 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 |
|---|---|---|---|
| €195,000 | £160,661 | £169,278 | £8,617 |
| Property Price € | €195,000 |
| Minimum cost in the last six months | £160,661 |
| Maximum cost in the last six months | £169,278 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,617 |
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 £8,617 more.
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