Fantastic land situated on the beach of São Rafael

Albufeira, Faro, Portugal, 8200-669

For Sale

€533,000

REF: 410007 €533,000


Description

Fantastic land with 2630 m2 of area inserted in a unique location taking into account that it is situated a few meters from the famous beach of São Rafael. 1 - According to the MDP, most of the land is in ZER - rural setting area, with the northwest corner in ZCOT - Zone of consolidation of tourist occupation (see annex).

1.1 - In ZER zones it is not possible to build, in accordance with the conditions of Article 25 of the MDP of Albufeira. 1.2 - In ZCOT zones it is possible to build, in.. Fantastic land with 2630 m2 of area inserted in a unique location taking into account that it is situated a few meters from the famous beach of São Rafael.

1 - According to the MDP, most of the land is in ZER - rural setting area, with the northwest corner in ZCOT - Zone of consolidation of tourist occupation (see annex). 1.1 - In ZER zones it is not possible to build, in accordance with the conditions of Article 25 of the MDP of Albufeira. 1.2 - In ZCOT zones it is possible to build, in accordance with the conditions of Article 36 of the MDP of Albufeira.

2 - In addition to the conditions described above, the land is also in "Land Protection Zone", because it is in a strip of territory between 50 meters and 500 meters from the shoreline. According to article 18 point 6 of the Albufeira PdM, new constructions in this area are prohibited. 3 - There have already been 2 processes for the field under analysis: 3.1 - 2011 - Request for information for the construction of a tennis court.

Negative opinion on the basis of Article 18 of the MIP. 3.2 - 2007/2009 - Application for a building permit for swimming pool and annex. - Negative opinion on the basis of Article 18 of the MIP. Conclusions: According to the described in paragraphs 2 and 3, it does not seem feasible to request licensing of single-family housing for the land under analysis.

We warn that the information has been provided by telephone and is not binding, so to obtain a formal opinion from the Municipality of Albufeira should be submitted a request for prior information to the Municipality.
Fantastic land with 2630 m2 of area inserted in a unique location taking into account that it is situated a few meters from the famous beach of São Rafael. 1 - According to the MDP, most of the land is in ZER - rural setting area, with the northwest corner in ZCOT - Zone of consolidation of tourist occupation (see annex).

1.1 - In ZER zones it is not possible to build, in accordance with the conditions of Article 25 of the MDP of Albufeira. 1.2 - In ZCOT zones it is possible to build, in.. Fantastic land with 2630 m2 of area inserted in a unique location taking into account that it is situated a few meters from the famous beach of São Rafael.

1 - According to the MDP, most of the land is in ZER - rural setting area, with the northwest corner in ZCOT - Zone of consolidation of tourist occupation (see annex). 1.1 - In ZER zones it is not possible to build, in accordance with the conditions of Article 25 of the MDP of Albufeira. 1.2 - In ZCOT zones it is possible to build, in accordance with the conditions of Article 36 of the MDP of Albufeira.

2 - In addition to the conditions described above, the land is also in "Land Protection Zone", because it is in a strip of territory between 50 meters and 500 meters from the shoreline. According to article 18 point 6 of the Albufeira PdM, new constructions in this area are prohibited. 3 - There have already been 2 processes for the field under analysis: 3.1 - 2011 - Request for information for the construction of a tennis court.

Negative opinion on the basis of Article 18 of the MIP. 3.2 - 2007/2009 - Application for a building permit for swimming pool and annex. - Negative opinion on the basis of Article 18 of the MIP. Conclusions: According to the described in paragraphs 2 and 3, it does not seem feasible to request licensing of single-family housing for the land under analysis.

We warn that the information has been provided by telephone and is not binding, so to obtain a formal opinion from the Municipality of Albufeira should be submitted a request for prior information to the Municipality.
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Property on Map

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Currency Exchange

Albufeira, Faro, Portugal, 8200-669

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 €533,000 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
€533,000 £453,418 £467,196 £13,778
Property Price € €533,000
Minimum cost in the last six months £453,418
Maximum cost in the last six months £467,196
Fluctuating exchange rates over the last six months could have increased the cost of this property by £13,778

Albufeira, Faro, Portugal, 8200-669

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 €533,000 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
€533,000 £453,418 £467,196 £13,778
Property Price € €533,000
Minimum cost in the last six months £453,418
Maximum cost in the last six months £467,196
Fluctuating exchange rates over the last six months could have increased the cost of this property by £13,778

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 £13,778 more.

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