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Flat land with approved residential project for allotment consisting of lots for single-family houses, in band, with swimming pool
União das Freguesias de Alcantarilha e Pêra, Faro, Portugal
REF: 896438
€900,000
Description
Flat land with approved residential project for allotment consisting of lots for single-family houses, in band, with swimming pool. Each plot has an area of 100sqm and 200sqm of construction, swimming pool and 3 parking spaces. The implantation area foresees 2 floors above the threshold level, one in the basement destined exclusively for the technical area and a stairwell to access the roof. The land is located 5 minutes from the center of Armação de Pêra, known for its extensive beach, benefiting from excellent access to the main communication routes, commerce and services. This is an excellent investment opportunity with a high degree of return. Casas do Sotavento is a prestigious family business that stands out for the high quality standards of its products and projects. Recognized both in Portugal and abroad, the company's mission is to provide an 'uncomplicated' and peaceful experience to its customers, employees and investors. Casas do Sotavento's commitment is to treat all people with the same respect and attention that we like to receive. This is reflected in all stages of a process, from choosing the property, to closing the transaction with a focus on the satisfaction of all parties. In addition, the company prides itself on maintaining a high level of transparency, rigor and honesty in all its interactions. If you are looking for a reliable company, with a reputable and experienced team to help you find the property of your dreams, the right investment or projects, Casas do Sotavento is certainly the right choice! Contact us today to find out more about our products and services.
Flat land with approved residential project for allotment consisting of lots for single-family houses, in band, with swimming pool. Each plot has an area of 100sqm and 200sqm of construction, swimming pool and 3 parking spaces. The implantation area foresees 2 floors above the threshold level, one in the basement destined exclusively for the technical area and a stairwell to access the roof. The land is located 5 minutes from the center of Armação de Pêra, known for its extensive beach, benefiting from excellent access to the main communication routes, commerce and services. This is an excellent investment opportunity with a high degree of return. Casas do Sotavento is a prestigious family business that stands out for the high quality standards of its products and projects. Recognized both in Portugal and abroad, the company's mission is to provide an 'uncomplicated' and peaceful experience to its customers, employees and investors. Casas do Sotavento's commitment is to treat all people with the same respect and attention that we like to receive. This is reflected in all stages of a process, from choosing the property, to closing the transaction with a focus on the satisfaction of all parties. In addition, the company prides itself on maintaining a high level of transparency, rigor and honesty in all its interactions. If you are looking for a reliable company, with a reputable and experienced team to help you find the property of your dreams, the right investment or projects, Casas do Sotavento is certainly the right choice! Contact us today to find out more about our products and services.
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Currency Exchange
União das Freguesias de Alcantarilha e Pêra, 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 €900,000 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 |
|---|---|---|---|
| €900,000 | £745,479 | £773,505 | £28,026 |
| Property Price € | €900,000 |
| Minimum cost in the last six months | £745,479 |
| Maximum cost in the last six months | £773,505 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £28,026 |
União das Freguesias de Alcantarilha e Pêra, 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 €900,000 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 |
|---|---|---|---|
| €900,000 | £745,479 | £773,505 | £28,026 |
| Property Price € | €900,000 |
| Minimum cost in the last six months | £745,479 |
| Maximum cost in the last six months | £773,505 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £28,026 |
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 £28,026 more.
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