Ploth with ruin with 310 m2 and approved project in São Brás de Alportel

São Brás de Alportel, Faro, Portugal

For Sale

€260,000

REF: 918977 €260,000


Description

Situated in an elevated position where you can enjoy breathtaking views, discover this ruin with unique Algarvian characteristics, with an area of 310m2 that you can renovate to your liking and create your dream home! The 679 m2 plot allows you to create leisure areas in harmony with the surrounding nature.

The current owner has devised a project that has already been submitted to the town hall and which maintains all the property's potential. The project is on 2 different levels and includes several rooms, 4 bedrooms, terraces, a swimming pool and a garage for 2 cars. The current project can be altered according to the buyer's needs and tastes.

The building licence can be withdrawn at any time. This ruin is located in a quiet residential area where you can enjoy nature to the full, taking advantage of all the privacy and tranquillity you are looking for, just 5 minutes from São Brás de Alportel. São Brás de Alportel is famously known for being a flat town in the Algarve & therefore ideal for anyone wishing to go about daily life on foot.

There is no shortage of good restaurants & cafes, the busy Municipal market, excellent array of shops, several supermarkets, the museum offering many classes & clubs, an indoor swimming pool and outdoor lido, tennis & paddle courts & good medical services. The town is located on the edge of the beautiful Serra do Caldeirão & benefits from being within a half an hour drive of Faro International Airport & the beaches of the Algarve. This property is presented by Quintas and Casas, voted the best boutique real estate agency in Portugal in 2024.
Situated in an elevated position where you can enjoy breathtaking views, discover this ruin with unique Algarvian characteristics, with an area of 310m2 that you can renovate to your liking and create your dream home! The 679 m2 plot allows you to create leisure areas in harmony with the surrounding nature.

The current owner has devised a project that has already been submitted to the town hall and which maintains all the property's potential. The project is on 2 different levels and includes several rooms, 4 bedrooms, terraces, a swimming pool and a garage for 2 cars. The current project can be altered according to the buyer's needs and tastes.

The building licence can be withdrawn at any time. This ruin is located in a quiet residential area where you can enjoy nature to the full, taking advantage of all the privacy and tranquillity you are looking for, just 5 minutes from São Brás de Alportel. São Brás de Alportel is famously known for being a flat town in the Algarve & therefore ideal for anyone wishing to go about daily life on foot.

There is no shortage of good restaurants & cafes, the busy Municipal market, excellent array of shops, several supermarkets, the museum offering many classes & clubs, an indoor swimming pool and outdoor lido, tennis & paddle courts & good medical services. The town is located on the edge of the beautiful Serra do Caldeirão & benefits from being within a half an hour drive of Faro International Airport & the beaches of the Algarve. This property is presented by Quintas and Casas, voted the best boutique real estate agency in Portugal in 2024.
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Property on Map

#P63

Currency Exchange

São Brás de Alportel, 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 €260,000 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
€260,000 £214,214 £223,457 £9,243
Property Price € €260,000
Minimum cost in the last six months £214,214
Maximum cost in the last six months £223,457
Fluctuating exchange rates over the last six months could have increased the cost of this property by £9,243

São Brás de Alportel, 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 €260,000 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
€260,000 £214,214 £223,457 £9,243
Property Price € €260,000
Minimum cost in the last six months £214,214
Maximum cost in the last six months £223,457
Fluctuating exchange rates over the last six months could have increased the cost of this property by £9,243

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 £9,243 more.

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