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Development land – Loule, Faro, Portugal
- Land area6,485 m²
This plot of land is for sale in Betunes, Loulé. The size of the land is 6,485 m² and is situated only 1 km from Loulé. The construction area permitted on the land is 762 m² plus a basement. The plot can be subdivided and two individual villas may be built. There are two main entrances to the land for easy access and there is water and sewerage(public). There are mountain and sea views that make this land a perfect choice to build a home on and we are able to recommend highly professional builders and architects who can help bring your dream to life 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 details on the land or the project. Mortgage Simulation-duration/ period — 40 years/ 480 months Purchase Price: 500,000€ Deposit/ Down Payment: 200,000€ (40%) Finance/ Mortgage Amount: 300,000€ (60%) Interest Rate: 0.9% Monthly Payment: 744.47 € Mortgage Simulation-duration/ period — 30 years/ 360 months Purchase Price: 500,000€ Deposit/ Down Payment: 200,000€ (40%) Finance/ Mortgage Amount: 300,000€ (60%) Interest Rate: 0.9% Monthly Payment: 951.20€
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