Search
4,820 m² Plot with Small House to Renovate – Close to Albufeira and Olhos de Água Beaches Located in a peaceful and natural setting just a short drive from the stunning beaches of Albufeira and Olhos de Água, this 4,820 m² plot offers a unique opportunity for those looking to build their dream home
Albufeira, Faro, Portugal
REF: 994129
€250,000
Description
4,820 m² Plot with Small House to Renovate – Close to Albufeira and Olhos de Água Beaches Located in a peaceful and natural setting just a short drive from the stunning beaches of Albufeira and Olhos de Água, this 4,820 m² plot offers a unique opportunity for those looking to build their dream home or invest in a high-potential area of the Algarve. The property includes a small existing house in need of renovation, with the potential to expand the built area up to 300 m², subject to approval by the local authorities. Whether you're envisioning a spacious family villa, a serene holiday retreat, or a rural tourism project, this land offers the space and versatility to make it happen. The plot already benefits from mains water, electricity, and sewage connection, and also features a borehole, providing additional water autonomy for gardening or agriculture. The land is dotted with mature trees and olive trees, adding charm and shade to the natural surroundings. Situated in a tranquil countryside location, yet only a few minutes from beaches, supermarkets, restaurants, and all amenities, this property combines privacy, convenience, and strong investment value. Excellent road access ensures easy connection to Faro Airport, the A22 motorway, and central Algarve locations. A rare opportunity in one of the most attractive regions of southern Portugal. Contact us today to learn more or schedule your visit. #ref: 144835
4,820 m² Plot with Small House to Renovate – Close to Albufeira and Olhos de Água Beaches Located in a peaceful and natural setting just a short drive from the stunning beaches of Albufeira and Olhos de Água, this 4,820 m² plot offers a unique opportunity for those looking to build their dream home or invest in a high-potential area of the Algarve. The property includes a small existing house in need of renovation, with the potential to expand the built area up to 300 m², subject to approval by the local authorities. Whether you're envisioning a spacious family villa, a serene holiday retreat, or a rural tourism project, this land offers the space and versatility to make it happen. The plot already benefits from mains water, electricity, and sewage connection, and also features a borehole, providing additional water autonomy for gardening or agriculture. The land is dotted with mature trees and olive trees, adding charm and shade to the natural surroundings. Situated in a tranquil countryside location, yet only a few minutes from beaches, supermarkets, restaurants, and all amenities, this property combines privacy, convenience, and strong investment value. Excellent road access ensures easy connection to Faro Airport, the A22 motorway, and central Algarve locations. A rare opportunity in one of the most attractive regions of southern Portugal. Contact us today to learn more or schedule your visit. #ref: 144835
Read More
Property on Map
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 €250,000 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 |
|---|---|---|---|
| €250,000 | £206,363 | £217,023 | £10,660 |
| Property Price € | €250,000 |
| Minimum cost in the last six months | £206,363 |
| Maximum cost in the last six months | £217,023 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,660 |
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 €250,000 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 |
|---|---|---|---|
| €250,000 | £206,363 | £217,023 | £10,660 |
| Property Price € | €250,000 |
| Minimum cost in the last six months | £206,363 |
| Maximum cost in the last six months | £217,023 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,660 |
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 £10,660 more.
Search popular regions
Useful links
Hi {{firstName}},
Enquire about this property
Make an Enquiry on this property
No Yes
No Yes
I agree to be connected with a trusted property agent who will receive
these details.
We handle your data with care and only ever as outlined in our
Privacy Policy
Thank you for your
enquiry!
Our partner agent will be in touch with you shortly.
Our partner agent will be in touch with you shortly.
Enquire about this property
No
Yes
No
Yes
I agree to be connected with the property agent for more detail on this
listing.
We handle your data with care and only ever as outlined in our
Privacy Policy
