Search
Urban Plot with 6,667sqm and Exceptional Potential in Vila Real de Santo António We present an urban plot with 6,667sqm, located on the frontline of the Guadiana River, in a privileged and rapidly appreciating area
Vila Real de Santo António, Faro, Portugal
REF: 913306
€2,000,000
Description
Urban Plot with 6,667sqm and Exceptional Potential in Vila Real de Santo António We present an urban plot with 6,667sqm, located on the frontline of the Guadiana River, in a privileged and rapidly appreciating area. This property includes a warehouse with a construction area of 2,215sqm, situated in a strategic location with excellent development potential. Future Development and Revised PDM Currently, the plot is classified under the Municipal Master Plan (PDM) for industrial use, but it is undergoing a revision to allow residential and tourism purposes. With the new PDM, the construction index could reach 3,333.50sqm, distributed over up to 4 floors, making this plot ideal for a high-quality residential project or a large-scale tourist development. Prime Location Located in Vila Real de Santo António, this plot offers: Magnificent panoramic views of the Guadiana River estuary, Spain, and the stunning Mata Nacional de Vila Real de Santo António. Proximity to the beaches of Vila Real de Santo António and Monte Gordo, renowned for their natural beauty and crystal-clear waters. Easy access to the city center, marina, and the Spanish border, making it a strategic location for both residential and tourism purposes. A Future-Proof Investment This unique plot combines a premium location, excellent potential for appreciation with the revised PDM, and a generous area with a high construction index. It represents an unmissable opportunity for investors and real estate developers seeking an exclusive location to bring innovative and profitable projects to life. Casas do Sotavento - Your Real Estate Partner With over 20 years of experience, Casas do Sotavento specializes in identifying and managing strategic investments across the Algarve and southern Portugal. Our team is committed to providing a personalized, transparent, and efficient service, guiding you through every step of the process. More Information Don't miss this opportunity to acquire a unique property in one of the Algarve's most iconic and valuable locations. For further information or to schedule a visit, contact us today! Casas do Sotavento - Turning Your Investment Into a Success.
Urban Plot with 6,667sqm and Exceptional Potential in Vila Real de Santo António We present an urban plot with 6,667sqm, located on the frontline of the Guadiana River, in a privileged and rapidly appreciating area. This property includes a warehouse with a construction area of 2,215sqm, situated in a strategic location with excellent development potential. Future Development and Revised PDM Currently, the plot is classified under the Municipal Master Plan (PDM) for industrial use, but it is undergoing a revision to allow residential and tourism purposes. With the new PDM, the construction index could reach 3,333.50sqm, distributed over up to 4 floors, making this plot ideal for a high-quality residential project or a large-scale tourist development. Prime Location Located in Vila Real de Santo António, this plot offers: Magnificent panoramic views of the Guadiana River estuary, Spain, and the stunning Mata Nacional de Vila Real de Santo António. Proximity to the beaches of Vila Real de Santo António and Monte Gordo, renowned for their natural beauty and crystal-clear waters. Easy access to the city center, marina, and the Spanish border, making it a strategic location for both residential and tourism purposes. A Future-Proof Investment This unique plot combines a premium location, excellent potential for appreciation with the revised PDM, and a generous area with a high construction index. It represents an unmissable opportunity for investors and real estate developers seeking an exclusive location to bring innovative and profitable projects to life. Casas do Sotavento - Your Real Estate Partner With over 20 years of experience, Casas do Sotavento specializes in identifying and managing strategic investments across the Algarve and southern Portugal. Our team is committed to providing a personalized, transparent, and efficient service, guiding you through every step of the process. More Information Don't miss this opportunity to acquire a unique property in one of the Algarve's most iconic and valuable locations. For further information or to schedule a visit, contact us today! Casas do Sotavento - Turning Your Investment Into a Success.
Read More
Property on Map
Currency Exchange
Vila Real de Santo António, 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 €2,000,000 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 |
|---|---|---|---|
| €2,000,000 | £1,647,800 | £1,718,900 | £71,100 |
| Property Price € | €2,000,000 |
| Minimum cost in the last six months | £1,647,800 |
| Maximum cost in the last six months | £1,718,900 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £71,100 |
Vila Real de Santo António, 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 €2,000,000 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 |
|---|---|---|---|
| €2,000,000 | £1,647,800 | £1,718,900 | £71,100 |
| Property Price € | €2,000,000 |
| Minimum cost in the last six months | £1,647,800 |
| Maximum cost in the last six months | £1,718,900 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £71,100 |
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 £71,100 more.
Search popular regions
Useful links
Hi {{firstName}},
Enquire about this property
Make an Enquiry on this property
No Yes
No Yes
I agree to be connected with a trusted property agent who will receive
these details.
We handle your data with care and only ever as outlined in our
Privacy Policy
Thank you for your
enquiry!
Our partner agent will be in touch with you shortly.
Our partner agent will be in touch with you shortly.
Enquire about this property
No
Yes
No
Yes
I agree to be connected with the property agent for more detail on this
listing.
We handle your data with care and only ever as outlined in our
Privacy Policy
