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Mixed Land with Approved PIP in Monte Novo, Odeleite, AlgarveImagine building your dream home in one of the most peaceful and charming areas of the Algarve
Castro Marim, Faro, Portugal
REF: 981977
€64,000
Description
Mixed Land with Approved PIP in Monte Novo, Odeleite, AlgarveImagine building your dream home in one of the most peaceful and charming areas of the Algarve. This 30,000 m mixed plot, located in the Monte Novo area, in the parish of Odeleite, offers just that - space, privacy and a stunning natural setting.With an approved PIP, the land allows for the construction of a two-storey four-bedroom villa, with a garage and swimming pool, up to 412 m of gross construction area and 270 m of implantation area. It's the ideal space to create a spacious, modern and comfortable home, whether for permanent residence, vacation home or investment.Land Highlights: - Total area: 29,840 m - Permitted construction: 4-bedroom villa with two floors, garage and swimming pool - Construction area: up to 412 m - Deployment area: up to 270 m - Location: Quiet area, surrounded by nature - PIP approved - ready to go ahead with your project!The natural surroundings and mild climate make this the perfect location for those who value contact with nature, fresh air and tranquillity. Imagine yourself enjoying the sunset with wide, serene views over the Algarve countryside.Despite its secluded location, the plot is just 30 km from the historic town of Castro Marim, where you'll find all the amenities, services and shops and, due to improved access, the journey is easier and simpler. And in about 30 minutes by car, you'll be on the magnificent beaches of the Eastern Algarve.Come and visit.Algarve Manta Properties LdaAMI: 7673Feel at home with us...
Mixed Land with Approved PIP in Monte Novo, Odeleite, AlgarveImagine building your dream home in one of the most peaceful and charming areas of the Algarve. This 30,000 m mixed plot, located in the Monte Novo area, in the parish of Odeleite, offers just that - space, privacy and a stunning natural setting.With an approved PIP, the land allows for the construction of a two-storey four-bedroom villa, with a garage and swimming pool, up to 412 m of gross construction area and 270 m of implantation area. It's the ideal space to create a spacious, modern and comfortable home, whether for permanent residence, vacation home or investment.Land Highlights: - Total area: 29,840 m - Permitted construction: 4-bedroom villa with two floors, garage and swimming pool - Construction area: up to 412 m - Deployment area: up to 270 m - Location: Quiet area, surrounded by nature - PIP approved - ready to go ahead with your project!The natural surroundings and mild climate make this the perfect location for those who value contact with nature, fresh air and tranquillity. Imagine yourself enjoying the sunset with wide, serene views over the Algarve countryside.Despite its secluded location, the plot is just 30 km from the historic town of Castro Marim, where you'll find all the amenities, services and shops and, due to improved access, the journey is easier and simpler. And in about 30 minutes by car, you'll be on the magnificent beaches of the Eastern Algarve.Come and visit.Algarve Manta Properties LdaAMI: 7673Feel at home with us...
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Currency Exchange
Castro Marim, 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 €64,000 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 |
|---|---|---|---|
| €64,000 | £52,730 | £55,558 | £2,828 |
| Property Price € | €64,000 |
| Minimum cost in the last six months | £52,730 |
| Maximum cost in the last six months | £55,558 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,828 |
Castro Marim, 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 €64,000 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 |
|---|---|---|---|
| €64,000 | £52,730 | £55,558 | £2,828 |
| Property Price € | €64,000 |
| Minimum cost in the last six months | £52,730 |
| Maximum cost in the last six months | £55,558 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,828 |
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 £2,828 more.
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