This plot of 6.467 m² is for sale in Almancil, Loulé, is situated in a central area close to all amenities. The land has easy access and has water and sewerage(public). Construction of 3.233,50 m² is permitted. We are able to recommend highly professional builders and architects who can help bring your dream to life if you are interested in building a home in the Algarve, This ideally located plot is within close proximity to blue flag beaches, world renowned golf courses and local amenities, all of which are fantastic advantages and conveniences when picking a location to invest. Additionally, Faro International airport is only a short twenty minute drive away. Contact us for more information on the land and location. The area of the central Algarve between Quinta do Lago, Almancil and Quarteira is often referred to as the Golden Triangle of the Algarve. Many of the surrounding areas have been developed into luxury resorts, an excellent location for investors. The famous church of São Lourenço, that survived the 1755 earthquake, is set just outside the village of Almancil being well worth a visit. Mortgage Simulation-duration/ period — 30 years/,360 months Purchase Price: 1,350,000€ Deposit/ Down Payment: 540,000€ (40%) Finance/ Mortgage Amount: 810,000€ (60%) Interest Rate: 0.9% Monthly Payment: 2,568,24 € Mortgage Simulation-duration/ period — 40 years/,480 months Purchase Price: 1,350,000€ Deposit/ Down Payment: 540,000€ (40%) Finance/ Mortgage Amount: 810,000€ (60%) Interest Rate: 0.9% Monthly Payment: 2,010.06€
The investor obtains a Portuguese residence permit by purchase of real estate worth at least €500,000. Our team at Tranio will help to make a deal remotely, collect a set of documents, and make an application.