Unique Opportunity for Investors and Future Owners! Central Land in Altura with Approved Project for 12 Luxury Apartments If you're seeking a secure and profitable investment or the home of your dreams, we have the perfect solution for you! We present a 2,660sqm plot of land located in the heart of

Altura, Faro, Portugal

For Sale

€1,000,000

REF: 969430 €1,000,000


2660 m2

Description

Unique Opportunity for Investors and Future Owners! Central Land in Altura with Approved Project for 12 Luxury Apartments If you're seeking a secure and profitable investment or the home of your dreams, we have the perfect solution for you! We present a 2,660sqm plot of land located in the heart of Altura, with a Previously Approved Intervention Project (PIP) for the construction of 12 elegant and modern apartments.

Highlights of the Land and Project: Premium Location: Situated in the center of Altura, you'll be surrounded by all the conveniences and attractions the region offers. Spacious Areas: The land boasts a total area of 2,660sqm, with a proposed footprint area of 594.65sqm and a proposed construction area of 787.38sqm, ensuring ample space for a grand project.

Variety of Typologies: This project offers high-quality apartments with T1 and T0 typologies, providing diverse options for different buyer profiles. Ample Parking: With 18 parking spaces, including 12 covered and 6 public spots, you and your future tenants or owners won't need to worry about parking spaces.

Leisure Facilities: The project includes a complete leisure area, featuring a rectangular pool of 120sqm for moments of relaxation and fun. Modern and Functional Design: Elegant Architecture: The apartment block is developed over 2 floors above ground and a semi-basement floor for parking and technical areas.

Convenient access is guaranteed from the ground floor, connecting you directly to the building. Open and Connected Spaces: The upper two floors of the apartment block are connected by open rear galleries, providing a sense of unity while maintaining privacy. Vertical Comfort: Efficient vertical communication is ensured by an independent block that integrates stairs and an elevator, allowing easy access to all floors, including the garage.

Extra Touch on the Terrace: On the terrace, you'll find a small built volume housing the stairs and elevator, along with solar protection, creating a multifunctional space. Altura: Discover the Beauty and History of Castro Marim If you're in search of a place that combines natural beauty, rich history, and a welcoming atmosphere, Altura in Castro Marim is the perfect destination for you.

Located in the Algarve region of Portugal, Altura is a picturesque coastal village that offers a unique experience for residents and visitors. Here are some reasons why Altura is a special place: Why Choose Casas do Sotavento? We are a family-owned company with national and international renown, respected for our service quality, successful projects, and dedication to customers, employees, and investors.

Our mission is to provide a smooth and hassle-free experience, treating everyone with the respect they deserve. Don't miss out on this golden investment opportunity or the chance to own a luxury residence in Altura! Contact us today for more information and secure your bright future.
Unique Opportunity for Investors and Future Owners! Central Land in Altura with Approved Project for 12 Luxury Apartments If you're seeking a secure and profitable investment or the home of your dreams, we have the perfect solution for you! We present a 2,660sqm plot of land located in the heart of Altura, with a Previously Approved Intervention Project (PIP) for the construction of 12 elegant and modern apartments.

Highlights of the Land and Project: Premium Location: Situated in the center of Altura, you'll be surrounded by all the conveniences and attractions the region offers. Spacious Areas: The land boasts a total area of 2,660sqm, with a proposed footprint area of 594.65sqm and a proposed construction area of 787.38sqm, ensuring ample space for a grand project.

Variety of Typologies: This project offers high-quality apartments with T1 and T0 typologies, providing diverse options for different buyer profiles. Ample Parking: With 18 parking spaces, including 12 covered and 6 public spots, you and your future tenants or owners won't need to worry about parking spaces.

Leisure Facilities: The project includes a complete leisure area, featuring a rectangular pool of 120sqm for moments of relaxation and fun. Modern and Functional Design: Elegant Architecture: The apartment block is developed over 2 floors above ground and a semi-basement floor for parking and technical areas.

Convenient access is guaranteed from the ground floor, connecting you directly to the building. Open and Connected Spaces: The upper two floors of the apartment block are connected by open rear galleries, providing a sense of unity while maintaining privacy. Vertical Comfort: Efficient vertical communication is ensured by an independent block that integrates stairs and an elevator, allowing easy access to all floors, including the garage.

Extra Touch on the Terrace: On the terrace, you'll find a small built volume housing the stairs and elevator, along with solar protection, creating a multifunctional space. Altura: Discover the Beauty and History of Castro Marim If you're in search of a place that combines natural beauty, rich history, and a welcoming atmosphere, Altura in Castro Marim is the perfect destination for you.

Located in the Algarve region of Portugal, Altura is a picturesque coastal village that offers a unique experience for residents and visitors. Here are some reasons why Altura is a special place: Why Choose Casas do Sotavento? We are a family-owned company with national and international renown, respected for our service quality, successful projects, and dedication to customers, employees, and investors.

Our mission is to provide a smooth and hassle-free experience, treating everyone with the respect they deserve. Don't miss out on this golden investment opportunity or the chance to own a luxury residence in Altura! Contact us today for more information and secure your bright future.
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Property on Map

#SU-CS-TU-50536

Currency Exchange

Altura, 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 €1,000,000 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
€1,000,000 £825,360 £868,090 £42,730
Property Price € €1,000,000
Minimum cost in the last six months £825,360
Maximum cost in the last six months £868,090
Fluctuating exchange rates over the last six months could have increased the cost of this property by £42,730

Altura, 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 €1,000,000 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
€1,000,000 £825,360 £868,090 £42,730
Property Price € €1,000,000
Minimum cost in the last six months £825,360
Maximum cost in the last six months £868,090
Fluctuating exchange rates over the last six months could have increased the cost of this property by £42,730

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 £42,730 more.

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