Urban plot of 2,100 sq

Monchique, Faro, Portugal, 8550-274

For Sale

€250,000

REF: 914806 €250,000


Description

This plot of urban land, with a generous area of 2,100 sq.m., is located in the Restolho da Aveia urbanisation, on the southern slope of Fóia, in Monchique. Situated in a quiet area, the plot benefits from excellent access, offering the perfect combination of privacy and proximity to the main transport links.

Inserted in an urbanisation made up of only 9 plots, this land provides an exclusive and harmonious environment, ideal for those looking for the tranquillity of the countryside, but without giving up the facilities of access and proximity to the coast. The strong point of this plot is the breathtaking panoramic view, which extends to the sea, offering a unique view of the coastline, including the towns of Ferragudo, Portimão, Alvor, Lagos and the rest of the Algarve coast.

This spectacular view will be one of the biggest attractions for those who choose this location to build their dream home. An architectural project for a luxury villa has already been developed for this plot, which includes: - 4 suites. - A large open-plan kitchen and living room of almost 80 m , creating an airy and modern environment, perfect for family gatherings and leisure time.

- On the ground floor, an independent one-bedroom flat, ideal for guests or even for renting out. - At the front of the villa, a stunning wooden deck surrounds an infinity pool, allowing you to make the most of the landscape and the region's mild climate. This project was designed to make the most of the privileged location and the area's unique natural surroundings, with high-quality materials and innovative design solutions.

Main features: - Land area: 2,100 sq.m. - Location: Restolho da Aveia Urbanisation, Encosta Sul da Fóia, Monchique - Sea views: Ferragudo, Portimão, Alvor, Lagos and the Algarve coastline - Exclusive condominium with 9 plots - Direct and fast access to the main road network - Project for villa with 4 suites, open space of 80 sq.m.

and independent 1-bedroom flat - Infinity pool and wooden deck This is the perfect place for those looking to build their dream home in a serene setting, with breathtaking views and all the comforts of a luxury villa. Don't miss the opportunity to discover this unique plot in Monchique!
This plot of urban land, with a generous area of 2,100 sq.m., is located in the Restolho da Aveia urbanisation, on the southern slope of Fóia, in Monchique. Situated in a quiet area, the plot benefits from excellent access, offering the perfect combination of privacy and proximity to the main transport links.

Inserted in an urbanisation made up of only 9 plots, this land provides an exclusive and harmonious environment, ideal for those looking for the tranquillity of the countryside, but without giving up the facilities of access and proximity to the coast. The strong point of this plot is the breathtaking panoramic view, which extends to the sea, offering a unique view of the coastline, including the towns of Ferragudo, Portimão, Alvor, Lagos and the rest of the Algarve coast.

This spectacular view will be one of the biggest attractions for those who choose this location to build their dream home. An architectural project for a luxury villa has already been developed for this plot, which includes: - 4 suites. - A large open-plan kitchen and living room of almost 80 m , creating an airy and modern environment, perfect for family gatherings and leisure time.

- On the ground floor, an independent one-bedroom flat, ideal for guests or even for renting out. - At the front of the villa, a stunning wooden deck surrounds an infinity pool, allowing you to make the most of the landscape and the region's mild climate. This project was designed to make the most of the privileged location and the area's unique natural surroundings, with high-quality materials and innovative design solutions.

Main features: - Land area: 2,100 sq.m. - Location: Restolho da Aveia Urbanisation, Encosta Sul da Fóia, Monchique - Sea views: Ferragudo, Portimão, Alvor, Lagos and the Algarve coastline - Exclusive condominium with 9 plots - Direct and fast access to the main road network - Project for villa with 4 suites, open space of 80 sq.m.

and independent 1-bedroom flat - Infinity pool and wooden deck This is the perfect place for those looking to build their dream home in a serene setting, with breathtaking views and all the comforts of a luxury villa. Don't miss the opportunity to discover this unique plot in Monchique!
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Property on Map

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Currency Exchange

Monchique, Faro, Portugal, 8550-274

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 €250,000 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
€250,000 £205,975 £214,863 £8,888
Property Price € €250,000
Minimum cost in the last six months £205,975
Maximum cost in the last six months £214,863
Fluctuating exchange rates over the last six months could have increased the cost of this property by £8,888

Monchique, Faro, Portugal, 8550-274

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 €250,000 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
€250,000 £205,975 £214,863 £8,888
Property Price € €250,000
Minimum cost in the last six months £205,975
Maximum cost in the last six months £214,863
Fluctuating exchange rates over the last six months could have increased the cost of this property by £8,888

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 £8,888 more.

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