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Plot of land for construction of 4 bedroom single storey house with swimming pool, garage and garden
Portimão, Faro, Portugal, 8500-082
REF: 917560
€499,000
Description
Does the comfort for your family fit in 425 square meters? Then this is your golden opportunity! OFFER OF THE VALUE OF THE DEED OF PURCHASE AND SALE UNTIL THE END OF APRIL 2025!
Plot of urban land located in Prado da Penina, with direct access to the Penina Golf Course, 5 minutes from the beautiful picturesque village of Alvor, and 10 minutes from the Autódromo Internacional do Algarve, Mexilhoeira Grande and 15 minutes from the City of Lagos.
This fabulous land is sold with a project for the construction of a luxury villa, with a living area of about 425 m2, of single storey construction with 4 bedrooms all with private bathroom, 1 office, a fitness room with jacuzzi and Turkish bath and a magnificent living room with about 80 m2, laundry, guest bathroom.
Outside there is a large kitchen, swimming pool and a fabulous garden with access to the pedestrian path and the golf course.
It all starts with a piece of land... Great opportunities arise from it!
Don't waste any more time, contact us to schedule the visit and we will be happy to present you with the respective budget for its construction!
Does the comfort for your family fit in 425 square meters? Then this is your golden opportunity! OFFER OF THE VALUE OF THE DEED OF PURCHASE AND SALE UNTIL THE END OF APRIL 2025!
Plot of urban land located in Prado da Penina, with direct access to the Penina Golf Course, 5 minutes from the beautiful picturesque village of Alvor, and 10 minutes from the Autódromo Internacional do Algarve, Mexilhoeira Grande and 15 minutes from the City of Lagos.
This fabulous land is sold with a project for the construction of a luxury villa, with a living area of about 425 m2, of single storey construction with 4 bedrooms all with private bathroom, 1 office, a fitness room with jacuzzi and Turkish bath and a magnificent living room with about 80 m2, laundry, guest bathroom.
Outside there is a large kitchen, swimming pool and a fabulous garden with access to the pedestrian path and the golf course.
It all starts with a piece of land... Great opportunities arise from it!
Don't waste any more time, contact us to schedule the visit and we will be happy to present you with the respective budget for its construction!
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Property on Map
Currency Exchange
Portimão, Faro, Portugal, 8500-082
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 €499,000 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 |
|---|---|---|---|
| €499,000 | £411,126 | £423,202 | £12,076 |
| Property Price € | €499,000 |
| Minimum cost in the last six months | £411,126 |
| Maximum cost in the last six months | £423,202 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,076 |
Portimão, Faro, Portugal, 8500-082
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 €499,000 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 |
|---|---|---|---|
| €499,000 | £411,126 | £423,202 | £12,076 |
| Property Price € | €499,000 |
| Minimum cost in the last six months | £411,126 |
| Maximum cost in the last six months | £423,202 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,076 |
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 £12,076 more.
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