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Building land for sale in Loulé - Sítio da Alfarrobeira Excellent investment opportunity! Urban plot with 1
Loulé, Faro, Portugal
REF: 908709
€278,000
Description
Building land for sale in Loulé - Sítio da Alfarrobeira Excellent investment opportunity! Urban plot with 1.080m², located in Sítio da Alfarrobeira, in Loulé, with sea views and oriented to the south, ensuring excellent sun exposure throughout the day. The plot includes a ruin with 84sqm of gross area, offering the possibility of rehabilitation or construction of a new villa, with a maximum construction area of 300sqm, plus an extra 20% of area for other spaces, such as annexes. Swimming pool also permitted to complement your project. This plot offers the opportunity to live in a peaceful and natural environment, with close proximity to the city of Loulé, its infrastructures and just a few minutes from the region's beaches. Main features: Total land area: 1.080m² Gross area of the ruin: 84m² Maximum construction area: 300m² + 20% Possibility of building a swimming pool Located in Sítio da Alfarrobeira, Loulé Sea view and south facing For more information or to schedule a visit, don't hesitate to contact us! #ref: 129282
Building land for sale in Loulé - Sítio da Alfarrobeira Excellent investment opportunity! Urban plot with 1.080m², located in Sítio da Alfarrobeira, in Loulé, with sea views and oriented to the south, ensuring excellent sun exposure throughout the day. The plot includes a ruin with 84sqm of gross area, offering the possibility of rehabilitation or construction of a new villa, with a maximum construction area of 300sqm, plus an extra 20% of area for other spaces, such as annexes. Swimming pool also permitted to complement your project. This plot offers the opportunity to live in a peaceful and natural environment, with close proximity to the city of Loulé, its infrastructures and just a few minutes from the region's beaches. Main features: Total land area: 1.080m² Gross area of the ruin: 84m² Maximum construction area: 300m² + 20% Possibility of building a swimming pool Located in Sítio da Alfarrobeira, Loulé Sea view and south facing For more information or to schedule a visit, don't hesitate to contact us! #ref: 129282
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Currency Exchange
Loulé, 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 €278,000 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 |
|---|---|---|---|
| €278,000 | £229,044 | £238,927 | £9,883 |
| Property Price € | €278,000 |
| Minimum cost in the last six months | £229,044 |
| Maximum cost in the last six months | £238,927 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,883 |
Loulé, 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 €278,000 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 |
|---|---|---|---|
| €278,000 | £229,044 | £238,927 | £9,883 |
| Property Price € | €278,000 |
| Minimum cost in the last six months | £229,044 |
| Maximum cost in the last six months | £238,927 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,883 |
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 £9,883 more.
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