Urban plot with a ruin that can be extended to 300 m2 for sale in São Brás de Alportel

São Brás de Alportel, Faro, Portugal, 8150-022

For Sale

€298,000

REF: 913488 €298,000


Description

If you're looking for nature, tranquillity and a new project, this is your chance to build the house of your dreams! Situated in an elevated position, this plot offers a large area of 3,881m2, and has a ruin currently measuring 38m2 situated on the highest part of the plot, so you can build the property according to your needs, taking advantage of the breathtaking views over the city of São Brás de Alportel.

Possibility of extending the ruin to 300m2. Access via a dirt track. Electricity and water available nearby. São Brás de Alportel is known for being a flat town in the Algarve and therefore ideal for those who wish to go about their daily lives on foot. There is no shortage of good restaurants and cafés, the bustling Municipal market, an excellent range of shops, several supermarkets, the museum which offers many classes and clubs, an indoor and outdoor swimming pool, tennis and paddle tennis courts and good medical services.

The town is located on the edge of the beautiful Serra do Caldeirão & benefits from being half an hour's drive from Faro International Airport or the Algarve's beaches. This property is presented by Quintas e Casas, voted the best real estate agency in Portugal in 2024.
If you're looking for nature, tranquillity and a new project, this is your chance to build the house of your dreams! Situated in an elevated position, this plot offers a large area of 3,881m2, and has a ruin currently measuring 38m2 situated on the highest part of the plot, so you can build the property according to your needs, taking advantage of the breathtaking views over the city of São Brás de Alportel.

Possibility of extending the ruin to 300m2. Access via a dirt track. Electricity and water available nearby. São Brás de Alportel is known for being a flat town in the Algarve and therefore ideal for those who wish to go about their daily lives on foot. There is no shortage of good restaurants and cafés, the bustling Municipal market, an excellent range of shops, several supermarkets, the museum which offers many classes and clubs, an indoor and outdoor swimming pool, tennis and paddle tennis courts and good medical services.

The town is located on the edge of the beautiful Serra do Caldeirão & benefits from being half an hour's drive from Faro International Airport or the Algarve's beaches. This property is presented by Quintas e Casas, voted the best real estate agency in Portugal in 2024.
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Property on Map

#P62

Currency Exchange

São Brás de Alportel, Faro, Portugal, 8150-022

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 €298,000 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
€298,000 £245,522 £258,691 £13,169
Property Price € €298,000
Minimum cost in the last six months £245,522
Maximum cost in the last six months £258,691
Fluctuating exchange rates over the last six months could have increased the cost of this property by £13,169

São Brás de Alportel, Faro, Portugal, 8150-022

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 €298,000 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
€298,000 £245,522 £258,691 £13,169
Property Price € €298,000
Minimum cost in the last six months £245,522
Maximum cost in the last six months £258,691
Fluctuating exchange rates over the last six months could have increased the cost of this property by £13,169

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 £13,169 more.

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