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5-Bedroom Villa with Development Potential in Almancil Centre
Loulé, Faro, Portugal, 8100-035
REF: 956513
€1,400,000
Description
Five bedroom villa plus prime development plot in the centre of Almancil Discover an exceptional opportunity in the heart of Almancil. This classic 5-bedroom villa with pool is perfectly situated for convenience , offers a rare combination of immediate comfort and significant development potential.
Situated in the very centre of Almancil, enjoy unparalleled access to the town's charming cafes, gourmet restaurants, boutique shops, and essential services this property provides the ideal Algarve lifestyle.
Experience the vibrant local culture and the convenience of having everything you need within easy walking distance.
The generously proportioned 5-bedroom villa is the perfect blank canvas that allows you to renovate and update to your own requirements and create a luxurious villa in a sought after location.
A valuable urban plot is included in the sale, with the potential for the construction of up to 10 townhouses, or other configurations that you desire. This land provides a unique opportunity for developers looking to capitalize on the high demand for quality housing in this prime Algarve location.
The property has the benefit of being in close proximity to world-class golf courses, pristine beaches, and the luxurious resorts of Quinta do Lago and Vale do Lobo.
This is a truly unique opportunity to acquire a rarely available development plot, with a villa in addition, in one of the Algarve's most desirable locations.
Five bedroom villa plus prime development plot in the centre of Almancil Discover an exceptional opportunity in the heart of Almancil. This classic 5-bedroom villa with pool is perfectly situated for convenience , offers a rare combination of immediate comfort and significant development potential.
Situated in the very centre of Almancil, enjoy unparalleled access to the town's charming cafes, gourmet restaurants, boutique shops, and essential services this property provides the ideal Algarve lifestyle.
Experience the vibrant local culture and the convenience of having everything you need within easy walking distance.
The generously proportioned 5-bedroom villa is the perfect blank canvas that allows you to renovate and update to your own requirements and create a luxurious villa in a sought after location.
A valuable urban plot is included in the sale, with the potential for the construction of up to 10 townhouses, or other configurations that you desire. This land provides a unique opportunity for developers looking to capitalize on the high demand for quality housing in this prime Algarve location.
The property has the benefit of being in close proximity to world-class golf courses, pristine beaches, and the luxurious resorts of Quinta do Lago and Vale do Lobo.
This is a truly unique opportunity to acquire a rarely available development plot, with a villa in addition, in one of the Algarve's most desirable locations.
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Currency Exchange
Loulé, Faro, Portugal, 8100-035
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 €1,400,000 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 |
|---|---|---|---|
| €1,400,000 | £1,153,460 | £1,215,326 | £61,866 |
| Property Price € | €1,400,000 |
| Minimum cost in the last six months | £1,153,460 |
| Maximum cost in the last six months | £1,215,326 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £61,866 |
Loulé, Faro, Portugal, 8100-035
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 €1,400,000 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 |
|---|---|---|---|
| €1,400,000 | £1,153,460 | £1,215,326 | £61,866 |
| Property Price € | €1,400,000 |
| Minimum cost in the last six months | £1,153,460 |
| Maximum cost in the last six months | £1,215,326 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £61,866 |
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 £61,866 more.
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