Plot of land for construction of 4 bedroom single storey house with swimming pool, garage and garden

Portimão, Faro, Portugal, 8500-082

For Sale

€499,000

REF: 917560 €499,000


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Description

Does the comfort for your family fit in 425 square meters? Then this is your golden opportunity! It all starts with a piece of land... Great opportunities arise from it! Discover this hidden gem in the heart of Portimão. This spacious plot offers a house area of 425 square meters and a vast expanse of land of 4600 square meters, perfect for building your dream home.

With four bedrooms and five bathrooms, this property is ideal for those looking for luxury and comfort. Enjoy stunning views of the nearby golf course from the comfort of your own home. With a spacious garage and a quiet location, this property offers the perfect balance of privacy and convenience. Come and discover this unique hideaway overlooking the garden and pool and create your own paradise in the Algarve. Plot of urban land located in Prado da Penina, with direct access to the Penina Golf Course, 5 minutes from the beautiful picturesque village of Alvor, and 10 minutes from the Autódromo Internacional do Algarve, Mexilhoeira Grande and 15 minutes from the City of Lagos. This fabulous plot is sold with project for the construction of a luxury villa. Don't waste any more time, contact us to schedule the visit and we will be happy to present you with the respective budget for its construction!
Does the comfort for your family fit in 425 square meters? Then this is your golden opportunity! It all starts with a piece of land... Great opportunities arise from it! Discover this hidden gem in the heart of Portimão. This spacious plot offers a house area of 425 square meters and a vast expanse of land of 4600 square meters, perfect for building your dream home.

With four bedrooms and five bathrooms, this property is ideal for those looking for luxury and comfort. Enjoy stunning views of the nearby golf course from the comfort of your own home. With a spacious garage and a quiet location, this property offers the perfect balance of privacy and convenience. Come and discover this unique hideaway overlooking the garden and pool and create your own paradise in the Algarve. Plot of urban land located in Prado da Penina, with direct access to the Penina Golf Course, 5 minutes from the beautiful picturesque village of Alvor, and 10 minutes from the Autódromo Internacional do Algarve, Mexilhoeira Grande and 15 minutes from the City of Lagos. This fabulous plot is sold with project for the construction of a luxury villa. Don't waste any more time, contact us to schedule the visit and we will be happy to present you with the respective budget for its construction!
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Property on Map

#02-LC253A

Currency Exchange

Portimão, Faro, Portugal, 8500-082

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 €499,000 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
€499,000 £411,855 £433,177 £21,322
Property Price € €499,000
Minimum cost in the last six months £411,855
Maximum cost in the last six months £433,177
Fluctuating exchange rates over the last six months could have increased the cost of this property by £21,322

Portimão, Faro, Portugal, 8500-082

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 €499,000 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
€499,000 £411,855 £433,177 £21,322
Property Price € €499,000
Minimum cost in the last six months £411,855
Maximum cost in the last six months £433,177
Fluctuating exchange rates over the last six months could have increased the cost of this property by £21,322

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 £21,322 more.

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