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Commercial Lot with Basement for Parking | Quinta dos Arcos - Armação de Pêra
Silves, Faro, Portugal
REF: 967070
€450,000
Description
Lot 26 Armação de Pêra, Algarve Excellent opportunity for commercial investment in the Algarve! Land exclusively intended for commerce, located at the main entrance of the Quinta dos Arcos Urbanization a strategic location with high visibility and easy access. 📍 Premium Location . Quinta dos Arcos, Armação de Pêra (https://maps.app.goo.gl/p4sjcqU1FDND4MmC6) . Next to the main entrance of the urbanization . Strong visibility and flow of residents and tourists . Just a few minutes from the beaches and the center of Armação de Pêra . Close to commerce, services, schools and transport 📐 Terrain Features . Total area: 700 m . Implementation area: 700 m . Gross construction area: 1,400 m 🏢 Construction Conditions (Allotment Permit) Exclusive for commercial use Up to 2 floors above the threshold quota Basement with capacity for 28 parking spaces Usage Potential . Retail stores . Supermarkets or minimarkets . Coffee shops or pastry shops . Pharmacies . Decoration, clothing, technology or convenience stores 🌟 Advantages . Strategic location in a consolidated and expanding area . Excellent sun exposure and visibility . Strong potential to attract residents and tourists . High return on investment in the commercial sector Ideal for investors and brands looking for a premium location for their commercial space. For more information or to schedule a meeting/visit, contact us: 📞 351962808558 or 351968512446 (call to national mobile network)
Lot 26 Armação de Pêra, Algarve Excellent opportunity for commercial investment in the Algarve! Land exclusively intended for commerce, located at the main entrance of the Quinta dos Arcos Urbanization a strategic location with high visibility and easy access. 📍 Premium Location . Quinta dos Arcos, Armação de Pêra (https://maps.app.goo.gl/p4sjcqU1FDND4MmC6) . Next to the main entrance of the urbanization . Strong visibility and flow of residents and tourists . Just a few minutes from the beaches and the center of Armação de Pêra . Close to commerce, services, schools and transport 📐 Terrain Features . Total area: 700 m . Implementation area: 700 m . Gross construction area: 1,400 m 🏢 Construction Conditions (Allotment Permit) Exclusive for commercial use Up to 2 floors above the threshold quota Basement with capacity for 28 parking spaces Usage Potential . Retail stores . Supermarkets or minimarkets . Coffee shops or pastry shops . Pharmacies . Decoration, clothing, technology or convenience stores 🌟 Advantages . Strategic location in a consolidated and expanding area . Excellent sun exposure and visibility . Strong potential to attract residents and tourists . High return on investment in the commercial sector Ideal for investors and brands looking for a premium location for their commercial space. For more information or to schedule a meeting/visit, contact us: 📞 351962808558 or 351968512446 (call to national mobile network)
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Property on Map
Currency Exchange
Silves, 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 €450,000 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 |
|---|---|---|---|
| €450,000 | £370,755 | £390,641 | £19,886 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £370,755 |
| Maximum cost in the last six months | £390,641 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,886 |
Silves, 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 €450,000 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 |
|---|---|---|---|
| €450,000 | £370,755 | £390,641 | £19,886 |
| Property Price € | €450,000 |
| Minimum cost in the last six months | £370,755 |
| Maximum cost in the last six months | £390,641 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £19,886 |
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 £19,886 more.
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