3,640 m² plot of land in a small village, in the Malhão area of Alcantarilha, with the possibility of construction to be confirmed with prior administrative and council authorisations

Silves, Faro, Portugal

For Sale

€400,000

REF: 737488 €400,000


3640 m2

3640 m2

Description

3,640 m² plot of land in a small village, in the Malhão area of Alcantarilha, with the possibility of construction to be confirmed with prior administrative and council authorisations. Located in a quiet and very central area, with public transport on the doorstep, namely the train station, the plot is 5 minutes from the centre of Alcantarilha and Algoz, and 10 minutes from Armação de Pêra beach.

In accordance with Silves' new PDM, the plot is within a low-density housing area, where it is possible to build up to 25% of the area. The potential of this building is further enhanced by the fact that it is made up of 2 plots, with areas of around 1,860 m² for the first and 1,315 m² for the second, which can possibly be detached, thus offering various options for investment projects or villas of your own.

Get in touch with us, we're happy to provide additional information and arrange a viewing to take advantage of this unique opportunity! Don't miss out on this unique opportunity to live between Alcantarilha and Algoz, in the enchanting countryside of the Algarve's Barrocal region. Despite its serene and secluded atmosphere, it is within walking distance of public transport (train station), nursery, supermarkets (3.5 km), services, shops, restaurants and Armação de Pêra beach (9 km), Nobel Algarve British International School (11 km), Hospital (24 km), Faro International Airport (51 km, 40 min), Lisbon 2h20.

Three kilometres from the coastline, Alcantarilha is part of the Algarve coastline, combining coastal features with images of a predominantly agricultural past, where alongside the activity of the land, the marks of the men of the sea, so close by, also stand out. It is a parish in the municipality of Silves, in the Algarve's barrocal region.

Situated on a small hill, the town is characterised by its distinctive houses with colourful bars around the windows and doors, topped by the typical lacy cheminé of the Algarve, a legacy of a past of strong Muslim occupation, revisited every year at the famous Silves Medieval Fair. At IAD we share business with any property consultant or agency.

We promote properties on more than 200 national and international property portals. If you are a professional in the sector and have a qualified buyer client, please contact me and arrange a viewing. Please note that I am 100% available, by telephone or e-mail, to provide you with any further information about this property and to schedule a more detailed visit. #ref: 104568
3,640 m² plot of land in a small village, in the Malhão area of Alcantarilha, with the possibility of construction to be confirmed with prior administrative and council authorisations. Located in a quiet and very central area, with public transport on the doorstep, namely the train station, the plot is 5 minutes from the centre of Alcantarilha and Algoz, and 10 minutes from Armação de Pêra beach.

In accordance with Silves' new PDM, the plot is within a low-density housing area, where it is possible to build up to 25% of the area. The potential of this building is further enhanced by the fact that it is made up of 2 plots, with areas of around 1,860 m² for the first and 1,315 m² for the second, which can possibly be detached, thus offering various options for investment projects or villas of your own.

Get in touch with us, we're happy to provide additional information and arrange a viewing to take advantage of this unique opportunity! Don't miss out on this unique opportunity to live between Alcantarilha and Algoz, in the enchanting countryside of the Algarve's Barrocal region. Despite its serene and secluded atmosphere, it is within walking distance of public transport (train station), nursery, supermarkets (3.5 km), services, shops, restaurants and Armação de Pêra beach (9 km), Nobel Algarve British International School (11 km), Hospital (24 km), Faro International Airport (51 km, 40 min), Lisbon 2h20.

Three kilometres from the coastline, Alcantarilha is part of the Algarve coastline, combining coastal features with images of a predominantly agricultural past, where alongside the activity of the land, the marks of the men of the sea, so close by, also stand out. It is a parish in the municipality of Silves, in the Algarve's barrocal region.

Situated on a small hill, the town is characterised by its distinctive houses with colourful bars around the windows and doors, topped by the typical lacy cheminé of the Algarve, a legacy of a past of strong Muslim occupation, revisited every year at the famous Silves Medieval Fair. At IAD we share business with any property consultant or agency.

We promote properties on more than 200 national and international property portals. If you are a professional in the sector and have a qualified buyer client, please contact me and arrange a viewing. Please note that I am 100% available, by telephone or e-mail, to provide you with any further information about this property and to schedule a more detailed visit. #ref: 104568
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Property on Map

#104568

Currency Exchange

Silves, 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 €400,000 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
€400,000 £340,276 £350,616 £10,340
Property Price € €400,000
Minimum cost in the last six months £340,276
Maximum cost in the last six months £350,616
Fluctuating exchange rates over the last six months could have increased the cost of this property by £10,340

Silves, 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 €400,000 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
€400,000 £340,276 £350,616 £10,340
Property Price € €400,000
Minimum cost in the last six months £340,276
Maximum cost in the last six months £350,616
Fluctuating exchange rates over the last six months could have increased the cost of this property by £10,340

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 £10,340 more.

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