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Plot of land with an area of 9120 m2, for the construction of a Luxury Farm next to the Penina Golf Course
Portimão, Faro, Portugal, 8500-082
REF: 917561
€995,000
Description
A piece of land is a place ready to plant dreams and reap happiness. Are you going to let this opportunity pass you by?
Ideal land for the construction of a small luxury farmhouse with swimming pool, jacuzzi, garage, fabulous garden, total privacy and direct access to the Penina golf course. This area of 9,120 m2, is the junction of two urban lots, both with an approved project for the construction of 4 bedroom villas, but only one of the projects can be executed and the other urban lot intended for gardens ensuring total privacy.
Any of the projects offers rooms with private bathroom, office, living rooms with areas over 70 m2, swimming pools, jacuzzi, gardens, where comfort and luxury go hand in hand.
Your dream land is waiting for you, ready to build that house you've always wanted to give more comfort to the whole family.
Schedule your visit and you will find out more details about the construction. The Palsul Group may present a budget for the realization of this work, we are currently finalizing a house with similar characteristics and areas.
A piece of land is a place ready to plant dreams and reap happiness. Are you going to let this opportunity pass you by?
Ideal land for the construction of a small luxury farmhouse with swimming pool, jacuzzi, garage, fabulous garden, total privacy and direct access to the Penina golf course. This area of 9,120 m2, is the junction of two urban lots, both with an approved project for the construction of 4 bedroom villas, but only one of the projects can be executed and the other urban lot intended for gardens ensuring total privacy.
Any of the projects offers rooms with private bathroom, office, living rooms with areas over 70 m2, swimming pools, jacuzzi, gardens, where comfort and luxury go hand in hand.
Your dream land is waiting for you, ready to build that house you've always wanted to give more comfort to the whole family.
Schedule your visit and you will find out more details about the construction. The Palsul Group may present a budget for the realization of this work, we are currently finalizing a house with similar characteristics and areas.
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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 €995,000 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 |
|---|---|---|---|
| €995,000 | £819,781 | £855,153 | £35,372 |
| Property Price € | €995,000 |
| Minimum cost in the last six months | £819,781 |
| Maximum cost in the last six months | £855,153 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £35,372 |
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 €995,000 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 |
|---|---|---|---|
| €995,000 | £819,781 | £855,153 | £35,372 |
| Property Price € | €995,000 |
| Minimum cost in the last six months | £819,781 |
| Maximum cost in the last six months | £855,153 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £35,372 |
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 £35,372 more.
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