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Land with project for 5 houses in Torre de Natal, Faro
Faro, Faro, Portugal, 8005-533
REF: 927095
€295,000
Description
Land with approved project for the construction of 5 houses located in Torre de Natal, in Faro. Terrain characteristics: Total land area: 3,579 m2 Total area of lots: 1,335 m2 Implementation area: 700m2 Total construction area: 1,300 m2 Number of lots: 5 / Number of dwellings: 5 / Number of floors: 2 floors + basement Length: 6.5m Parking lots: 19 Transfers Collective equipment: 189.71 m2 Concessions Public green spaces: 713.16 m2 Infrastructure Concessions: 1,341.13 m2 Each Lot has an area of 267.00m2, intended for housing, with a maximum of two floors above ground and one floor below ground, with deployment area maximum of 140.00 m2, maximum construction area of 260.00 m2, volume of maximum construction of 800.00m3 and maximum height of 6.50m. Torre de Natal is a quiet area on the outskirts of Faro with quick access to urban centers and services: - 6.5 km / 12 minutes from Faro center / marina - 10 km / 13 minutes from Faro Airport - 13.5 km / 15 minutes from Faro Beach - 7.5 km / 10 minutes from the A22 motorway - 8 km / 14 minutes from the center of Olhão At KW Flash we share business with every real estate consultant or agency with an AMI license because together we can do more for our clients. If you are a professional in the sector and have a qualified client, contact me and schedule a visit, as this property is exclusively available to provide you with an excellent service.
Land with approved project for the construction of 5 houses located in Torre de Natal, in Faro. Terrain characteristics: Total land area: 3,579 m2 Total area of lots: 1,335 m2 Implementation area: 700m2 Total construction area: 1,300 m2 Number of lots: 5 / Number of dwellings: 5 / Number of floors: 2 floors + basement Length: 6.5m Parking lots: 19 Transfers Collective equipment: 189.71 m2 Concessions Public green spaces: 713.16 m2 Infrastructure Concessions: 1,341.13 m2 Each Lot has an area of 267.00m2, intended for housing, with a maximum of two floors above ground and one floor below ground, with deployment area maximum of 140.00 m2, maximum construction area of 260.00 m2, volume of maximum construction of 800.00m3 and maximum height of 6.50m. Torre de Natal is a quiet area on the outskirts of Faro with quick access to urban centers and services: - 6.5 km / 12 minutes from Faro center / marina - 10 km / 13 minutes from Faro Airport - 13.5 km / 15 minutes from Faro Beach - 7.5 km / 10 minutes from the A22 motorway - 8 km / 14 minutes from the center of Olhão At KW Flash we share business with every real estate consultant or agency with an AMI license because together we can do more for our clients. If you are a professional in the sector and have a qualified client, contact me and schedule a visit, as this property is exclusively available to provide you with an excellent service.
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Currency Exchange
Faro, Faro, Portugal, 8005-533
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 €295,000 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 |
|---|---|---|---|
| €295,000 | £243,051 | £256,087 | £13,036 |
| Property Price € | €295,000 |
| Minimum cost in the last six months | £243,051 |
| Maximum cost in the last six months | £256,087 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,036 |
Faro, Faro, Portugal, 8005-533
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 €295,000 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 |
|---|---|---|---|
| €295,000 | £243,051 | £256,087 | £13,036 |
| Property Price € | €295,000 |
| Minimum cost in the last six months | £243,051 |
| Maximum cost in the last six months | £256,087 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,036 |
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 £13,036 more.
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