Excellent investment opportunity in plot for construction

Vila do Bispo, Faro, Portugal, 8650-350

For Sale

€129,000

REF: 802903 €129,000


Description

Fantastic opportunity to invest in a construction project for a 2 storey townhouse house. The land has a total area of 200 sqm, and a gross construction area of 180 sqm. It is extremely well located, in a calm and peaceful area but is still close to a variety of services. It is part of a subdivision project with 8 lots with green spaces and parking.

We present you an extremely well located plot, where you can build the house you have always wanted. Of the 200 sqm of total area, you can build a 2-storey house with a total area of 180 sqm in a footprint of sqm. Bring your dream to life. Investing in Sagres means having a project for life with unparalleled potential.

Being one of the most remote regions of Portugal, with origins prior to the Roman conquest, it was in the 15th century that it began to be noticed with the frequent presence of Infante D. Henrique, during the beginning of Atlantic navigation and the discovery of the African coast up to the Gulf of Guinea.

To this day, it invites many to come and witness its history near the Sagres Fortress and Cape São Vicente, the most southwestern point in Europe. Sagres stands out for its unique characteristics, where you can experience a discreet and personal atmosphere, a mix of vibrant energy and unmistakable peacefulness.

It appeals to both those who love the sea and the outdoors, making it an ideal location for many, particularly those who enjoy walking or cycling. Throughout the Sagres region and surrounding area there are challenging hiking trails as well as quiet roads appealing for cycling and even deep-sea fishing trips, starting from the point of Sagres.

In addition to its history, Sagres is very attractive for water sports enthusiasts, due to the characteristics of its rough sea throughout the year. It receives thousands of visitors, many of whom spend time surfing at the most diverse schools spread across the region. The town of Sagres is one of the parishes in the municipality of Vila do Bispo and is part of the Natural Park of Sudoeste Alentejano e Costa Vicentina, which extends approximately 100km, from Porto Covo to Burgau, being the best preserved European coastal section, thus preserving unique species of fauna and flora, making it very appealing for study by countless professionals and enthusiasts in the area. I invite you to discover this opportunity to make a dream come true or boost an investment, in one of the most coveted areas of the Algarve.
Fantastic opportunity to invest in a construction project for a 2 storey townhouse house. The land has a total area of 200 sqm, and a gross construction area of 180 sqm. It is extremely well located, in a calm and peaceful area but is still close to a variety of services. It is part of a subdivision project with 8 lots with green spaces and parking.

We present you an extremely well located plot, where you can build the house you have always wanted. Of the 200 sqm of total area, you can build a 2-storey house with a total area of 180 sqm in a footprint of sqm. Bring your dream to life. Investing in Sagres means having a project for life with unparalleled potential.

Being one of the most remote regions of Portugal, with origins prior to the Roman conquest, it was in the 15th century that it began to be noticed with the frequent presence of Infante D. Henrique, during the beginning of Atlantic navigation and the discovery of the African coast up to the Gulf of Guinea.

To this day, it invites many to come and witness its history near the Sagres Fortress and Cape São Vicente, the most southwestern point in Europe. Sagres stands out for its unique characteristics, where you can experience a discreet and personal atmosphere, a mix of vibrant energy and unmistakable peacefulness.

It appeals to both those who love the sea and the outdoors, making it an ideal location for many, particularly those who enjoy walking or cycling. Throughout the Sagres region and surrounding area there are challenging hiking trails as well as quiet roads appealing for cycling and even deep-sea fishing trips, starting from the point of Sagres.

In addition to its history, Sagres is very attractive for water sports enthusiasts, due to the characteristics of its rough sea throughout the year. It receives thousands of visitors, many of whom spend time surfing at the most diverse schools spread across the region. The town of Sagres is one of the parishes in the municipality of Vila do Bispo and is part of the Natural Park of Sudoeste Alentejano e Costa Vicentina, which extends approximately 100km, from Porto Covo to Burgau, being the best preserved European coastal section, thus preserving unique species of fauna and flora, making it very appealing for study by countless professionals and enthusiasts in the area. I invite you to discover this opportunity to make a dream come true or boost an investment, in one of the most coveted areas of the Algarve.
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Currency Exchange

Vila do Bispo, Faro, Portugal, 8650-350

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 €129,000 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
€129,000 £109,739 £112,930 £3,191
Property Price € €129,000
Minimum cost in the last six months £109,739
Maximum cost in the last six months £112,930
Fluctuating exchange rates over the last six months could have increased the cost of this property by £3,191

Vila do Bispo, Faro, Portugal, 8650-350

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 €129,000 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
€129,000 £109,739 £112,930 £3,191
Property Price € €129,000
Minimum cost in the last six months £109,739
Maximum cost in the last six months £112,930
Fluctuating exchange rates over the last six months could have increased the cost of this property by £3,191

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 £3,191 more.

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