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Unique building plot for sale within a short walk to Paraiso beach in Carvoeiro
Lagoa, Portugal
REF: 929934
€550,000
Description
Nestled in the picturesque town of Carvoeiro, this unique building plot offers an unparalleled opportunity to create your dream home or investment property in one of the Algarve's most sought-after locations. Spanning a generous area, the plot provides ample space for a bespoke villa with potential for modern amenities, a private pool, and lush gardens. Situated just a short walk from the idyllic Para so Beach, the location boasts stunning ocean views and the tranquil ambiance of coastal living. Carvoeiro's vibrant town center, with its charming restaurants, boutique shops, and lively atmosphere, is conveniently close, offering a perfect blend of seclusion and accessibility. The property have an approved architectural project for a contemporary 5-bedroom, 6-bathroom villa, valid for a building license application until April 30, 2025. The villa offers 241,7 m of space and a gross area of 321 m , ensuring ample room for family living. Additionally, the original plans for a traditional-style home can be resubmitted, offering you the flexibility to tailor the design to your taste. This exceptional plot is ideal for those seeking to design a luxury retreat in the Algarve, whether for personal enjoyment or lucrative rental potential. Don t miss this rare chance to own a slice of paradise in Carvoeiro.
Nestled in the picturesque town of Carvoeiro, this unique building plot offers an unparalleled opportunity to create your dream home or investment property in one of the Algarve's most sought-after locations. Spanning a generous area, the plot provides ample space for a bespoke villa with potential for modern amenities, a private pool, and lush gardens. Situated just a short walk from the idyllic Para so Beach, the location boasts stunning ocean views and the tranquil ambiance of coastal living. Carvoeiro's vibrant town center, with its charming restaurants, boutique shops, and lively atmosphere, is conveniently close, offering a perfect blend of seclusion and accessibility. The property have an approved architectural project for a contemporary 5-bedroom, 6-bathroom villa, valid for a building license application until April 30, 2025. The villa offers 241,7 m of space and a gross area of 321 m , ensuring ample room for family living. Additionally, the original plans for a traditional-style home can be resubmitted, offering you the flexibility to tailor the design to your taste. This exceptional plot is ideal for those seeking to design a luxury retreat in the Algarve, whether for personal enjoyment or lucrative rental potential. Don t miss this rare chance to own a slice of paradise in Carvoeiro.
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Currency Exchange
Lagoa, 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 €550,000 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 |
|---|---|---|---|
| €550,000 | £453,145 | £465,350 | £12,205 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £453,145 |
| Maximum cost in the last six months | £465,350 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,205 |
Lagoa, 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 €550,000 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 |
|---|---|---|---|
| €550,000 | £453,145 | £465,350 | £12,205 |
| Property Price € | €550,000 |
| Minimum cost in the last six months | £453,145 |
| Maximum cost in the last six months | £465,350 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,205 |
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 £12,205 more.
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