Plot with 2671 m2 for housing construction

Meia Praia, Faro, Portugal

For Sale

€1,590,000

REF: 139782 €1,590,000


2671 m2

Description

Magnificent land with views of the sea and the Ria de Alvor, located in the prestigious Beach & Golf Resort development in Lagos, with 2,671sqm and possibility to build a 500sqm V5 villa (excluding terraces, balconies, garage or storage rooms). This is a venture inspired by the philosophy of well-being, within an integrated resort of golf, luxury tourism and residential properties, supported by services of a 5-star hotel in an exclusive location.

Bordering the estuary of the Ria de Alvor and the final part of Meia Praia, Palmares Resort offers one of the last opportunities in Portugal to build a property in a resort within walking distance of the beach. Due to its location and natural surroundings, the resort offers a dynamic view experience.

These panoramic views cover the Alvor estuary, the Atlantic Ocean and lagos bay, opposite the magnificent 27-hole golf course designed by Robert Trent Jones II, the famous American golf architect. The water and sky create striking shades of blue and green that change according to the tides of the estuary.

Boats, kitesurfers and an immense variety of birds complement this celebration of nature. The principles of planning, construction and operation of the enterprise are in harmony with the primary principle of environmental sustainability. Of the total of the 191 hectares that make up palmares beach & golf resort, the density of construction does not exceed 5.7%.

Similarly, the guidelines of landscape architecture have as main focus to preserve the natural environment and safeguard the odd views. The resorts master plan has been carefully designed taking into account the natural beauty of the area, and the total density of construction is only 5.7%; the neighbouring parcels are positioned in such a way as to protect the sea views; height limits are restricted in all lots (81% of buildings have only 2 floors, while the remaining 19% have 3 floors); Strict construction parameters to protect sea views.

Beach & Golf Resort has developed a model where guests can choose from different pre-agreed architectural styles. This means that the Resort coordinates the architectural elements, and ensures the right balance between individualism and uniformity. This approach helps preserve and increase the value of the resort.

Our architects have different ideas, but they all share our Vision for the resort. The teams of architects involved will develop the clients project, reflecting the clients preferences, within the resorts specifications. Characteristics of properties: average size of lots 3,430sqm; type of detached houses; construction areas from 340sqm to 500sqm - not including terraces, balconies, garage or storage rooms; 1,2 or 3 floors, plus basement; typologies: V3 (3 bedrooms), V4 (4 bedrooms) and V5 (5 bedrooms); large outdoor spaces for the garden and swimming pool. The information referred to is not binding and does not require consultation of the property documentation
Magnificent land with views of the sea and the Ria de Alvor, located in the prestigious Beach & Golf Resort development in Lagos, with 2,671sqm and possibility to build a 500sqm V5 villa (excluding terraces, balconies, garage or storage rooms). This is a venture inspired by the philosophy of well-being, within an integrated resort of golf, luxury tourism and residential properties, supported by services of a 5-star hotel in an exclusive location.

Bordering the estuary of the Ria de Alvor and the final part of Meia Praia, Palmares Resort offers one of the last opportunities in Portugal to build a property in a resort within walking distance of the beach. Due to its location and natural surroundings, the resort offers a dynamic view experience.

These panoramic views cover the Alvor estuary, the Atlantic Ocean and lagos bay, opposite the magnificent 27-hole golf course designed by Robert Trent Jones II, the famous American golf architect. The water and sky create striking shades of blue and green that change according to the tides of the estuary.

Boats, kitesurfers and an immense variety of birds complement this celebration of nature. The principles of planning, construction and operation of the enterprise are in harmony with the primary principle of environmental sustainability. Of the total of the 191 hectares that make up palmares beach & golf resort, the density of construction does not exceed 5.7%.

Similarly, the guidelines of landscape architecture have as main focus to preserve the natural environment and safeguard the odd views. The resorts master plan has been carefully designed taking into account the natural beauty of the area, and the total density of construction is only 5.7%; the neighbouring parcels are positioned in such a way as to protect the sea views; height limits are restricted in all lots (81% of buildings have only 2 floors, while the remaining 19% have 3 floors); Strict construction parameters to protect sea views.

Beach & Golf Resort has developed a model where guests can choose from different pre-agreed architectural styles. This means that the Resort coordinates the architectural elements, and ensures the right balance between individualism and uniformity. This approach helps preserve and increase the value of the resort.

Our architects have different ideas, but they all share our Vision for the resort. The teams of architects involved will develop the clients project, reflecting the clients preferences, within the resorts specifications. Characteristics of properties: average size of lots 3,430sqm; type of detached houses; construction areas from 340sqm to 500sqm - not including terraces, balconies, garage or storage rooms; 1,2 or 3 floors, plus basement; typologies: V3 (3 bedrooms), V4 (4 bedrooms) and V5 (5 bedrooms); large outdoor spaces for the garden and swimming pool. The information referred to is not binding and does not require consultation of the property documentation
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Property on Map

#DO-MIP14185_5

Currency Exchange

Meia Praia, 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 €1,590,000 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
€1,590,000 £1,352,597 £1,393,699 £41,102
Property Price € €1,590,000
Minimum cost in the last six months £1,352,597
Maximum cost in the last six months £1,393,699
Fluctuating exchange rates over the last six months could have increased the cost of this property by £41,102

Meia Praia, 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 €1,590,000 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
€1,590,000 £1,352,597 £1,393,699 £41,102
Property Price € €1,590,000
Minimum cost in the last six months £1,352,597
Maximum cost in the last six months £1,393,699
Fluctuating exchange rates over the last six months could have increased the cost of this property by £41,102

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 £41,102 more.

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