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Urban Land for Sale with Approved Project | Investment Opportunity We present this excellent urban land with an approved project for 2 apartments, with swimming pool, ideal for those looking to build quickly and safely
Albufeira, Faro, Portugal
REF: 964763
€690,000
Description
Urban Land for Sale with Approved Project | Investment Opportunity We present this excellent urban land with an approved project for 2 apartments, with swimming pool, ideal for those looking to build quickly and safely. Located in a privileged area, the land also offers the potential to expand the project to 12 more 2-bedroom apartments, providing excellent profitability for investors. Main features: Approved: • Total area of the land: 2,624 m² • Construction area: 1,564.40 m² • 2 x Ground floor apartments, type T2 (with 92.62 m² each) • 1 x Swimming pool Possibility of expansion to: • Another 12 x T2 apartments identical to those approved, corresponding to the remaining 1,379.16 m² of construction area divided into 2 floors. • Private parking areas Highlights: • Strategic location with good access, close to shops, services, transport and schools. • Excellent opportunity for builders. • Investment with high appreciation and return. • Flexibility in the use of space and construction potential. Don't miss this unique opportunity to invest in a project with enormous potential for appreciation! Contact us for more information or to schedule a visit. #ref: 140490
Urban Land for Sale with Approved Project | Investment Opportunity We present this excellent urban land with an approved project for 2 apartments, with swimming pool, ideal for those looking to build quickly and safely. Located in a privileged area, the land also offers the potential to expand the project to 12 more 2-bedroom apartments, providing excellent profitability for investors. Main features: Approved: • Total area of the land: 2,624 m² • Construction area: 1,564.40 m² • 2 x Ground floor apartments, type T2 (with 92.62 m² each) • 1 x Swimming pool Possibility of expansion to: • Another 12 x T2 apartments identical to those approved, corresponding to the remaining 1,379.16 m² of construction area divided into 2 floors. • Private parking areas Highlights: • Strategic location with good access, close to shops, services, transport and schools. • Excellent opportunity for builders. • Investment with high appreciation and return. • Flexibility in the use of space and construction potential. Don't miss this unique opportunity to invest in a project with enormous potential for appreciation! Contact us for more information or to schedule a visit. #ref: 140490
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Currency Exchange
Albufeira, 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 €690,000 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 |
|---|---|---|---|
| €690,000 | £568,491 | £598,982 | £30,491 |
| Property Price € | €690,000 |
| Minimum cost in the last six months | £568,491 |
| Maximum cost in the last six months | £598,982 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £30,491 |
Albufeira, 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 €690,000 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 |
|---|---|---|---|
| €690,000 | £568,491 | £598,982 | £30,491 |
| Property Price € | €690,000 |
| Minimum cost in the last six months | £568,491 |
| Maximum cost in the last six months | £598,982 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £30,491 |
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 £30,491 more.
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