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Land for Sale with Approved Project in Alte
Loulé, Faro, Portugal, 8100-035
REF: 751605
€350,000
Description
This large plot of land is for sale in a quiet location of Alte, a small typical village of Loulé surrounded by nature and tranquility. With a total area of 6,725m2, there s already an approved project for a 125m2 two bedroom bungalow with amazing countryside views and potential to build up to 300m2. The property will comprise an entry hall leading to a fitted kitchen designed in open plan with the spacious living / dining area. There will be two bedrooms, one of which with an en-suite bathro.. This large plot of land is for sale in a quiet location of Alte, a small typical village of Loulé surrounded by nature and tranquility. With a total area of 6,725m2, there s already an approved project for a 125m2 two bedroom bungalow with amazing countryside views and potential to build up to 300m2.
The property will comprise an entry hall leading to a fitted kitchen designed in open plan with the spacious living / dining area. There will be two bedrooms, one of which with an en-suite bathroom, plus a second bathroom. The terrace will be accessible through both bedrooms and the living room and will have a staircase to the rooftop, which will offer a beautifully landscaped garden and a lounge space where you ll be able to enjoy uninterrupted surrounding views of nature.
Alte is a lovely traditional village in the Algarve, full of natural beauty, historical architecture and countryside views and its centre is just 8 km from the property, with a vast variety of amenities, restaurants, cafes, pharmacies and also natural tourist attractions such as the waterfall Queda do Vigário. Salir is within a 14 minute drive and Faro s airport is 48 km away.
The exterior renders are a part of the architectural design study and not the exact representation of the final project.
This large plot of land is for sale in a quiet location of Alte, a small typical village of Loulé surrounded by nature and tranquility. With a total area of 6,725m2, there s already an approved project for a 125m2 two bedroom bungalow with amazing countryside views and potential to build up to 300m2. The property will comprise an entry hall leading to a fitted kitchen designed in open plan with the spacious living / dining area. There will be two bedrooms, one of which with an en-suite bathro.. This large plot of land is for sale in a quiet location of Alte, a small typical village of Loulé surrounded by nature and tranquility. With a total area of 6,725m2, there s already an approved project for a 125m2 two bedroom bungalow with amazing countryside views and potential to build up to 300m2.
The property will comprise an entry hall leading to a fitted kitchen designed in open plan with the spacious living / dining area. There will be two bedrooms, one of which with an en-suite bathroom, plus a second bathroom. The terrace will be accessible through both bedrooms and the living room and will have a staircase to the rooftop, which will offer a beautifully landscaped garden and a lounge space where you ll be able to enjoy uninterrupted surrounding views of nature.
Alte is a lovely traditional village in the Algarve, full of natural beauty, historical architecture and countryside views and its centre is just 8 km from the property, with a vast variety of amenities, restaurants, cafes, pharmacies and also natural tourist attractions such as the waterfall Queda do Vigário. Salir is within a 14 minute drive and Faro s airport is 48 km away.
The exterior renders are a part of the architectural design study and not the exact representation of the final project.
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Currency Exchange
Loulé, Faro, Portugal, 8100-035
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 €350,000 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 |
|---|---|---|---|
| €350,000 | £297,742 | £306,772 | £9,030 |
| Property Price € | €350,000 |
| Minimum cost in the last six months | £297,742 |
| Maximum cost in the last six months | £306,772 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,030 |
Loulé, Faro, Portugal, 8100-035
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 €350,000 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 |
|---|---|---|---|
| €350,000 | £297,742 | £306,772 | £9,030 |
| Property Price € | €350,000 |
| Minimum cost in the last six months | £297,742 |
| Maximum cost in the last six months | £306,772 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,030 |
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 £9,030 more.
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