Superb plot with with project approved and sea views at Cerro de Aguia

Albufeira, Faro, Portugal, 8200-319

For Sale

€790,000

REF: 46384 €790,000


Description

Amazing plot in an elevated position enjoying superb sea views, located in Cerro de Aguia, one of the most prestigious areas of Albufeira just a short drive from the old town and countless superb beaches. Located in the prestigious Cerro de Águia in Albufeira, this plot offers stunning sea views from an elevated position.

Its location is ideal, just a few minutes' drive from the city centre, the marina, golf courses and several magnificent beaches. The plot is on a serene hillside, surrounded by high-quality detached houses. The project has been approved for the construction of a magnificent two-storey villa with a basement.

The construction area is 477 m², with a total construction area of 643 m². This project offers a unique opportunity to create your dream home in one of the region's most valued areas.
Amazing plot in an elevated position enjoying superb sea views, located in Cerro de Aguia, one of the most prestigious areas of Albufeira just a short drive from the old town and countless superb beaches. Located in the prestigious Cerro de Águia in Albufeira, this plot offers stunning sea views from an elevated position.

Its location is ideal, just a few minutes' drive from the city centre, the marina, golf courses and several magnificent beaches. The plot is on a serene hillside, surrounded by high-quality detached houses. The project has been approved for the construction of a magnificent two-storey villa with a basement.

The construction area is 477 m², with a total construction area of 643 m². This project offers a unique opportunity to create your dream home in one of the region's most valued areas.
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Property on Map

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Currency Exchange

Albufeira, Faro, Portugal, 8200-319

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 €790,000 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
€790,000 £650,881 £685,791 £34,910
Property Price € €790,000
Minimum cost in the last six months £650,881
Maximum cost in the last six months £685,791
Fluctuating exchange rates over the last six months could have increased the cost of this property by £34,910

Albufeira, Faro, Portugal, 8200-319

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 €790,000 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
€790,000 £650,881 £685,791 £34,910
Property Price € €790,000
Minimum cost in the last six months £650,881
Maximum cost in the last six months £685,791
Fluctuating exchange rates over the last six months could have increased the cost of this property by £34,910

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 £34,910 more.

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