Development land – Faro (city), Faro, Portugal
- Land area1,260 m²
This plot of land is situated in the brilliant location of Varandas do Lago, in the heart of the Golden Triangle only a few minutes from the beach and the privileged area of Quinta do Lago, with an abundance of high-end restaurants, 5 * hotels, golf courses and more. Construction is permitted on the land and we are able to recommend highly professional builders and architects who can help bring your dream to life. A perfect investment opportunity in a sought after location! 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: 1,150,000€ Deposit/Down Payment: 460,000€ Finance: 690,000€ Interest Rate: 0.9% Monthly Payment: 2,187,76.€ Mortgage Simulation: Duration/ Period: 40 years/ 480 months Purchase Price: 1,150,000€ Deposit/Down Payment: 460,000€ Finance: 690,000€ Interest Rate: 0.9% Monthly Payment: 1,712.27€
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