Plot of Land for Construction of Apartment Building 250 meters from Armação de Pêra Beach

Silves, Faro, Portugal

For Sale

€1,600,000

REF: 931272 €1,600,000


Description

Premium Location: Just 250 meters from Armação de Pêra Beach, perfect for enjoying the beauty of the Algarve and the seaside lifestyle. 📐 Lot Features: Total Area: 2,050 m Maximum Implementation Area: 820 m Maximum Gross Construction Area: 3,936 m Number of Floors Above the Threshold Level: 6 Number of Floors Below the Threshold Level: 2 Number of Planned Homes: 42 apartments Projects Already Realized: This land has already had projects developed, making it an excellent opportunity for investors or builders who want to start quickly.

🌟 Real Estate Potential: Privileged location and ideal dimensions for the construction of a modern and attractive development, suitable for both housing and tourist investment. 📞 Get in touch for more information: Don't miss this opportunity to invest in the heart of Armação de Pêra! Make this land your next big project! 🏗️ ENGLISH Premium Location: Just 250 meters from Armação de Pêra Beach, perfect for enjoying the beauty of the Algarve and the seaside lifestyle.

Plot characteristics: Total Area: 2,050 m Maximum Deployment Area: 820 m Maximum Gross Construction Area: 3,936 m Number of Floors Above Ground Level: 6 Number of Floors Below Ground Level: 2 Number of Planned Fires: 42 apartments Projects Already Completed: This plot has already had projects developed, making it an excellent opportunity for investors or builders who want to get started quickly.

🌟Real Estate Potential: Privileged location and ideal dimensions for the construction of a modern and attractive development, suitable for both housing and tourist investment. 📞 Contact us for more information: Don't miss this opportunity to invest in the heart of Armação de Pêra! Make this plot your next big project! 🏗️
Premium Location: Just 250 meters from Armação de Pêra Beach, perfect for enjoying the beauty of the Algarve and the seaside lifestyle. 📐 Lot Features: Total Area: 2,050 m Maximum Implementation Area: 820 m Maximum Gross Construction Area: 3,936 m Number of Floors Above the Threshold Level: 6 Number of Floors Below the Threshold Level: 2 Number of Planned Homes: 42 apartments Projects Already Realized: This land has already had projects developed, making it an excellent opportunity for investors or builders who want to start quickly.

🌟 Real Estate Potential: Privileged location and ideal dimensions for the construction of a modern and attractive development, suitable for both housing and tourist investment. 📞 Get in touch for more information: Don't miss this opportunity to invest in the heart of Armação de Pêra! Make this land your next big project! 🏗️ ENGLISH Premium Location: Just 250 meters from Armação de Pêra Beach, perfect for enjoying the beauty of the Algarve and the seaside lifestyle.

Plot characteristics: Total Area: 2,050 m Maximum Deployment Area: 820 m Maximum Gross Construction Area: 3,936 m Number of Floors Above Ground Level: 6 Number of Floors Below Ground Level: 2 Number of Planned Fires: 42 apartments Projects Already Completed: This plot has already had projects developed, making it an excellent opportunity for investors or builders who want to get started quickly.

🌟Real Estate Potential: Privileged location and ideal dimensions for the construction of a modern and attractive development, suitable for both housing and tourist investment. 📞 Contact us for more information: Don't miss this opportunity to invest in the heart of Armação de Pêra! Make this plot your next big project! 🏗️
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Property on Map

#KWPT-004926

Currency Exchange

Silves, 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 €1,600,000 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
€1,600,000 £1,318,240 £1,356,960 £38,720
Property Price € €1,600,000
Minimum cost in the last six months £1,318,240
Maximum cost in the last six months £1,356,960
Fluctuating exchange rates over the last six months could have increased the cost of this property by £38,720

Silves, 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 €1,600,000 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
€1,600,000 £1,318,240 £1,356,960 £38,720
Property Price € €1,600,000
Minimum cost in the last six months £1,318,240
Maximum cost in the last six months £1,356,960
Fluctuating exchange rates over the last six months could have increased the cost of this property by £38,720

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 £38,720 more.

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