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Plot of land with 504
São Brás de Alportel, Faro, Portugal
REF: 896501
€160,000
Description
Plot of land with 504.65sqm with approved project for the construction of a T4 house with basement, inserted in a private condominium with 11 houses, with communal swimming pool. The construction license was issued on December 9,2022, valid for 18 months (extendable). The project will be for a 2-storey house with 4 bedrooms, a 242.48sqm basement, a front and back patio. With a privileged location for those who like to live in a quiet place, yet just 3 minutes from the center of São Brás and all services and schools. Come and discover this project and build your dream home! Total lot area: 504.65sqm Building footprint: 113.25sqm Covered area (basement + floor 0 + floor 1): 457.98sqm Ground floor (113.25sqm) - Large living room with 51sqm - Kitchen with 15.40sqm - 1 complete bathroom - 1 Bedroom with 14sqm 1st Floor (102.25sqm) - 1 Bedroom with private bathroom and closet (26sqm) - 1 bedroom with wardrobe (17sqm) - 1 Bedroom with wardrobe (14sqm) - 1 complete bathroom Basement (242.48sqm) - Large basement with the possibility of parking for several cars, not only with access to the interior of the house, as well as direct access to the back patio. - Storage - Technical Zone - Laundry - Collection - Garden Area Penthouse (102.25sqm) Excellent investment opportunity!
Plot of land with 504.65sqm with approved project for the construction of a T4 house with basement, inserted in a private condominium with 11 houses, with communal swimming pool. The construction license was issued on December 9,2022, valid for 18 months (extendable). The project will be for a 2-storey house with 4 bedrooms, a 242.48sqm basement, a front and back patio. With a privileged location for those who like to live in a quiet place, yet just 3 minutes from the center of São Brás and all services and schools. Come and discover this project and build your dream home! Total lot area: 504.65sqm Building footprint: 113.25sqm Covered area (basement + floor 0 + floor 1): 457.98sqm Ground floor (113.25sqm) - Large living room with 51sqm - Kitchen with 15.40sqm - 1 complete bathroom - 1 Bedroom with 14sqm 1st Floor (102.25sqm) - 1 Bedroom with private bathroom and closet (26sqm) - 1 bedroom with wardrobe (17sqm) - 1 Bedroom with wardrobe (14sqm) - 1 complete bathroom Basement (242.48sqm) - Large basement with the possibility of parking for several cars, not only with access to the interior of the house, as well as direct access to the back patio. - Storage - Technical Zone - Laundry - Collection - Garden Area Penthouse (102.25sqm) Excellent investment opportunity!
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Currency Exchange
São Brás de Alportel, 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 €160,000 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 |
|---|---|---|---|
| €160,000 | £132,530 | £137,512 | £4,982 |
| Property Price € | €160,000 |
| Minimum cost in the last six months | £132,530 |
| Maximum cost in the last six months | £137,512 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,982 |
São Brás de Alportel, 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 €160,000 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 |
|---|---|---|---|
| €160,000 | £132,530 | £137,512 | £4,982 |
| Property Price € | €160,000 |
| Minimum cost in the last six months | £132,530 |
| Maximum cost in the last six months | £137,512 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,982 |
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 £4,982 more.
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