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Land located in Gambelas, with an area of 212 m², intended for the construction of a T3 house with an approved project
Faro, Faro, Portugal
REF: 803195
€205,000
Description
Land located in Gambelas, with an area of 212 m², intended for the construction of a T3 house with an approved project. The residence will be distributed over multiple levels, offering a modern and functional design. On the first floor, the construction of a T3 house is planned, including a suite. This floor stands out for the presence of a generous terrace of 19 m², providing a pleasant space for outdoor leisure, complemented by a pool. Additionally, the house includes a habitable basement, providing additional and flexible spaces for various purposes. An interior garden of 25 m² contributes to creating a green and tranquil environment within the property. The land also includes a parking space, offering convenience and practicality for residents. Highlighting quality and spaciousness, the last floor of the house has a terrace with a generous 69 m², providing an unobstructed and panoramic view of the surrounding region. This additional space is ideal for outdoor activities, socializing, and enjoying the landscape. In summary, this land offers not only an opportunity for the construction of a spacious and modern house but also the possibility of enjoying well-planned outdoor spaces, such as terraces and gardens, adding value to the comfort and quality of life of future residents. The plot has a total area of 212 m², with an implantation area of 118.00 m² and a total construction area of 268.00 m². Intended for the construction of a single-family home. #ref: 114573
Land located in Gambelas, with an area of 212 m², intended for the construction of a T3 house with an approved project. The residence will be distributed over multiple levels, offering a modern and functional design. On the first floor, the construction of a T3 house is planned, including a suite. This floor stands out for the presence of a generous terrace of 19 m², providing a pleasant space for outdoor leisure, complemented by a pool. Additionally, the house includes a habitable basement, providing additional and flexible spaces for various purposes. An interior garden of 25 m² contributes to creating a green and tranquil environment within the property. The land also includes a parking space, offering convenience and practicality for residents. Highlighting quality and spaciousness, the last floor of the house has a terrace with a generous 69 m², providing an unobstructed and panoramic view of the surrounding region. This additional space is ideal for outdoor activities, socializing, and enjoying the landscape. In summary, this land offers not only an opportunity for the construction of a spacious and modern house but also the possibility of enjoying well-planned outdoor spaces, such as terraces and gardens, adding value to the comfort and quality of life of future residents. The plot has a total area of 212 m², with an implantation area of 118.00 m² and a total construction area of 268.00 m². Intended for the construction of a single-family home. #ref: 114573
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Currency Exchange
Faro, 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 €205,000 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 |
|---|---|---|---|
| €205,000 | £174,391 | £179,680 | £5,289 |
| Property Price € | €205,000 |
| Minimum cost in the last six months | £174,391 |
| Maximum cost in the last six months | £179,680 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,289 |
Faro, 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 €205,000 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 |
|---|---|---|---|
| €205,000 | £174,391 | £179,680 | £5,289 |
| Property Price € | €205,000 |
| Minimum cost in the last six months | £174,391 |
| Maximum cost in the last six months | £179,680 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,289 |
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 £5,289 more.
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