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Building plot with project approved in a unique location 5 minutes to center of Loulé, Algarve
Loulé, Faro, Portugal, 8100-616
REF: 959866
€249,000
Description
Unique location in the countryside yet 5 minutes from the center of Loule. 4.135 sq.m. plot with planning permission. Located almost on top of a hill on a dead end paved road with 3 neighbors. Panoramic country & sea views. Unique location in the countryside yet 5 minutes from the center of Loule.
4.135 sq.m. plot with planning permission located almost on top of a hill on a dead end paved road with 3 neighbors with hardly any traffic.
On the plot are many old olive trees, alfarrobeiras and fig trees.
Currently the plan is to build approximately 249 sq.m. with the house at street level and a large garage below. The house is now still attached to an adjacent ruin but during construction this will of course be loosened in order to build the new facade. The plan assumes a large living room with 50 sq.m., spacious kitchen with breakfast bar and separate utility room for washing and ironing, two large bedrooms with bathrooms, large entrance hall and access to the spacious roof terrace with outdoor kitchen and fantastic views (sea view).
You can start building immediately. Electricity and fiber internet are already in place.
The plot enjoys lovely panoramic country & sea views.
Book you visit!!!
AlgarveProperty.com - AMI: 2196 - T.: 00351 289310310
Unique location in the countryside yet 5 minutes from the center of Loule. 4.135 sq.m. plot with planning permission. Located almost on top of a hill on a dead end paved road with 3 neighbors. Panoramic country & sea views. Unique location in the countryside yet 5 minutes from the center of Loule.
4.135 sq.m. plot with planning permission located almost on top of a hill on a dead end paved road with 3 neighbors with hardly any traffic.
On the plot are many old olive trees, alfarrobeiras and fig trees.
Currently the plan is to build approximately 249 sq.m. with the house at street level and a large garage below. The house is now still attached to an adjacent ruin but during construction this will of course be loosened in order to build the new facade. The plan assumes a large living room with 50 sq.m., spacious kitchen with breakfast bar and separate utility room for washing and ironing, two large bedrooms with bathrooms, large entrance hall and access to the spacious roof terrace with outdoor kitchen and fantastic views (sea view).
You can start building immediately. Electricity and fiber internet are already in place.
The plot enjoys lovely panoramic country & sea views.
Book you visit!!!
AlgarveProperty.com - AMI: 2196 - T.: 00351 289310310
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Property on Map
Currency Exchange
Loulé, Faro, Portugal, 8100-616
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 €249,000 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 |
|---|---|---|---|
| €249,000 | £205,151 | £216,154 | £11,003 |
| Property Price € | €249,000 |
| Minimum cost in the last six months | £205,151 |
| Maximum cost in the last six months | £216,154 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,003 |
Loulé, Faro, Portugal, 8100-616
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 €249,000 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 |
|---|---|---|---|
| €249,000 | £205,151 | £216,154 | £11,003 |
| Property Price € | €249,000 |
| Minimum cost in the last six months | £205,151 |
| Maximum cost in the last six months | £216,154 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,003 |
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 £11,003 more.
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