Plots of land for construction - Albufeira

Albufeira, Faro, Portugal, 8200-112

For Sale

€1,800,000

REF: 413299 €1,800,000


Description

Do you want to buy plots of land for construction in the Algarve? Give us a call... We've got what you're looking for! 2 Plots of Land located in the prestigious Quinta da Correeira Urbanization for sale. Located next to the worm roundabout in a quality, central and quiet area close to several infrastructures of collective equipment and public and private services. The plots are sold together and present the following global construction parameters:Land area 1329m2 Construction area for housing 2515m2 Construction area for commerce (ground floor) 395m2 Construction area for services (1st floor) 556m2 Maximum of 25 dwellings Construction of a Multifamily Building up to 6 floors above ground level and 1 below. There have already been projects approved for these lots, but these need to be reassessed. Scarce area in housing supply, with the lots inserted in allotment, which allows the use of the mechanism of prior communication, thus optimizing the time for the start of construction work. Our company assists in all sectors, such as how to obtain the best exchange rates, account opening and documentation related to bank loans, carrying out improvement works, etc. Don't miss this opportunity and come visit them with us!
Do you want to buy plots of land for construction in the Algarve? Give us a call... We've got what you're looking for! 2 Plots of Land located in the prestigious Quinta da Correeira Urbanization for sale. Located next to the worm roundabout in a quality, central and quiet area close to several infrastructures of collective equipment and public and private services. The plots are sold together and present the following global construction parameters:Land area 1329m2 Construction area for housing 2515m2 Construction area for commerce (ground floor) 395m2 Construction area for services (1st floor) 556m2 Maximum of 25 dwellings Construction of a Multifamily Building up to 6 floors above ground level and 1 below. There have already been projects approved for these lots, but these need to be reassessed. Scarce area in housing supply, with the lots inserted in allotment, which allows the use of the mechanism of prior communication, thus optimizing the time for the start of construction work. Our company assists in all sectors, such as how to obtain the best exchange rates, account opening and documentation related to bank loans, carrying out improvement works, etc. Don't miss this opportunity and come visit them with us!
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Property on Map

#L232

Currency Exchange

Albufeira, Faro, Portugal, 8200-112

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 €1,800,000 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
€1,800,000 £1,531,242 £1,577,772 £46,530
Property Price € €1,800,000
Minimum cost in the last six months £1,531,242
Maximum cost in the last six months £1,577,772
Fluctuating exchange rates over the last six months could have increased the cost of this property by £46,530

Albufeira, Faro, Portugal, 8200-112

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 €1,800,000 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
€1,800,000 £1,531,242 £1,577,772 £46,530
Property Price € €1,800,000
Minimum cost in the last six months £1,531,242
Maximum cost in the last six months £1,577,772
Fluctuating exchange rates over the last six months could have increased the cost of this property by £46,530

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 £46,530 more.

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