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Development land – Loule, Faro, Portugal
- Land area1,500 m²
This plot of land is for sale in Clareanes, Querença and is in a tranquil area. The size of the land is 1500 m². Construction of 20% of the total area of the plot is permitted. The approved construction permitted on the land is 450 m² + 20% (90 m²) for covered terraces, basement and pool. The land is situated away from the hustle and bustle of everyday life. Querença is located in the municipality of Loulé, in the region of the Algarve. Loulé is the largest municipality in Central Algarve and is the perfect place to enjoy festive summer nights such as the Noite Branca (White Night) and the famous annual Carnival. Contact us for more information on the land or the project. Mortgage Simulation-duration/ period — 40 years/ 480 months Purchase Price: 110,000€ Deposit/ Down Payment: 44,000€ (40%) Finance/ Mortgage Amount: 66,000€ (60%) Interest Rate: 0.9% Monthly Payment: 163.78 € Mortgage Simulation-duration/ period — 30 years/ 360 months Purchase Price: 110,000€ Deposit/ Down Payment: 44,000€ (40%) Finance/ Mortgage Amount: 66,000€ (60%) Interest Rate: 0.9% Monthly Payment: 209.26€
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