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Building plot with sea view in Cerro d'Ãguia
Albufeira, Faro, Portugal, 8200
REF: 984453
€2,300,000
Description
LAND in a prime location with planning permission for over 3000m2. Capacity for several terraced houses or 4 or 5 individual villas. Includes a single-storey HOUSE with 436 m2 built in 1963, in need of renovation, spacious with large rooms and unparalleled sea views, providing the perfect canvas for your dream home.
Close to amenities and within easy reach of the best attractions in the area, this property offers the perfect balance between tranquillity and accessibility, whether you are l.. LAND with building permission for over 3000m2 allowing for terraced houses or detached houses. Includes a single storey HOUSE with 436 m2 in need of renovation with sea views in Cerro de Ãguia, Albufeira, a privileged location.
An exceptional opportunity nestled in the prestigious Cerro de Ãguia. The existing five-bedroom villa offers an idyllic blend of vintage charm and transformation potential. Built in 1963, this spacious aristocratic home features large rooms and unparalleled sea views, providing the perfect canvas for your dream home.
One of the most captivating features of this property is its stunning panoramic sea views, which can be enjoyed from various points of the house. Upon entering, we are struck by the grandeur and nobility of the premises with spacious rooms that evoke the timeless elegance of its owners.
The land, with a total area of 6738m2, offers space for development of up to more than 3000 m2 of construction.
The villa still retains much of its original charm but is in need of renovation and updating. With a solid structure and classic architectural elements, the potential for transformation is limited only by your imagination.
Conveniently located close to amenities and within easy reach of the region's best attractions, this property offers the perfect balance between tranquillity and good accessibility, whether you are looking for a peaceful retreat or a lucrative investment opportunity.
LAND in a prime location with planning permission for over 3000m2. Capacity for several terraced houses or 4 or 5 individual villas. Includes a single-storey HOUSE with 436 m2 built in 1963, in need of renovation, spacious with large rooms and unparalleled sea views, providing the perfect canvas for your dream home.
Close to amenities and within easy reach of the best attractions in the area, this property offers the perfect balance between tranquillity and accessibility, whether you are l.. LAND with building permission for over 3000m2 allowing for terraced houses or detached houses. Includes a single storey HOUSE with 436 m2 in need of renovation with sea views in Cerro de Ãguia, Albufeira, a privileged location.
An exceptional opportunity nestled in the prestigious Cerro de Ãguia. The existing five-bedroom villa offers an idyllic blend of vintage charm and transformation potential. Built in 1963, this spacious aristocratic home features large rooms and unparalleled sea views, providing the perfect canvas for your dream home.
One of the most captivating features of this property is its stunning panoramic sea views, which can be enjoyed from various points of the house. Upon entering, we are struck by the grandeur and nobility of the premises with spacious rooms that evoke the timeless elegance of its owners.
The land, with a total area of 6738m2, offers space for development of up to more than 3000 m2 of construction.
The villa still retains much of its original charm but is in need of renovation and updating. With a solid structure and classic architectural elements, the potential for transformation is limited only by your imagination.
Conveniently located close to amenities and within easy reach of the region's best attractions, this property offers the perfect balance between tranquillity and good accessibility, whether you are looking for a peaceful retreat or a lucrative investment opportunity.
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Currency Exchange
Albufeira, Faro, Portugal, 8200
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 €2,300,000 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 |
|---|---|---|---|
| €2,300,000 | £1,898,535 | £1,996,607 | £98,072 |
| Property Price € | €2,300,000 |
| Minimum cost in the last six months | £1,898,535 |
| Maximum cost in the last six months | £1,996,607 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £98,072 |
Albufeira, Faro, Portugal, 8200
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 €2,300,000 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 |
|---|---|---|---|
| €2,300,000 | £1,898,535 | £1,996,607 | £98,072 |
| Property Price € | €2,300,000 |
| Minimum cost in the last six months | £1,898,535 |
| Maximum cost in the last six months | £1,996,607 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £98,072 |
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 £98,072 more.
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