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Global Properties

277m² Land in Faro, Portugal No. 261378

$ 293 550
$ 1 060 per m²
277 Living space, m²
Faro, Portugal
Parameters
Living space, m²
277
ID
261378
Type
Land
Property description
Urban land with a project approved by Faro City Council, measuring 277 m² with a buildable area of 150 m², for the construction of at least a three-bedroom house, facing east. Located in the prime area of Faro, in Gambelas, close to the University of the Algarve, about 3 minutes by car, 5 minutes from Faro Airport and 7 minutes from Faro beach. Surrounded by all the amenities accessible to a family's comfort, such as pharmacies, supermarkets and the Algarve Private Hospital within a 5-minute drive. Approved 150m2 implementation project, where the interior layout is completely changeable. Featuring a basement of up to 118m2; ground floor comprising a large living room, kitchen, bedroom and bathroom, the ground floor also has a balcony, which will face the rear of the house. At the front, there is space for a swimming pool or simply a lawn, or even a parking space for your car, or both. On the first floor, there are two en-suite bedrooms with their own balconies, if desired. The project also allows for a ‘chill out’ floor with sun loungers.
The interior design of the house is completely changeable, and the entire layout can be altered to suit each client's taste. This is an excellent opportunity to create your dream home, transforming a three-bedroom house into any other type of property. All water and electricity infrastructure is already in place. The area is very quiet and surrounded by green spaces.#ref: 147178
Features
Location
  • East orientation
Features
  • Balcony
Outdoor features
  • Car park
  • Swimming pool
Statistics Faro
$ 4 575
Price per m²
166
Quality of Life Index
49
Cost of living Index
Parameters
[:second_city:]
Faro
Difference
Monthly Rent Cost
1-Room Apartment
$ 1 059
2-Room Apartment
$ 923
Apartment Purchase Price per m²
In the City Center
$ 4 575
Outside the City Center
$ 3 521
Crime Index
30
Cost of Living and Rent Index
38
Purchasing Power Index
77
Property Price to Income Ratio
14
Safety Index
70
Traffic CO₂ Index
5958
Traffic Inefficiency Index
141
Rent Index
24
Health Care Index
54
Groceries Index
47
Pollution Index
34
Traffic Commute Time Index
25
Restaurant Price Index
45
Climate Index
98
Cost of Living Index
49
Quality of Life Index
166
Traffic Index
120
Restaurants
Meal, Inexpensive Restaurant
$ 13.93
Meal for 2 People, Mid-range Restaurant, Three-course
$ 41.79
McMeal at McDonalds (or Equivalent Combo Meal)
$ 11.61
Domestic Beer (0.5 liter draught)
$ 2.90
Imported Beer (0.33 liter bottle)
$ 2.32
Coke/Pepsi (0.33 liter bottle)
$ 2.32
Water (0.33 liter bottle)
$ 1.62
Cappuccino (regular)
$ 1.89
Markets
Milk (regular), (1 liter)
$ 1.07
Loaf of Fresh White Bread (500g)
$ 1.54
Eggs (regular) (12)
$ 3.48
Local Cheese (1kg)
$ 14.37
Water (1.5 liter bottle)
$ 1.24
Bottle of Wine (Mid-Range)
$ 5.22
Domestic Beer (0.5 liter bottle)
$ 0.97
Imported Beer (0.33 liter bottle)
$ 3.05
Cigarettes 20 Pack (Marlboro)
$ 6.62
Apples (1kg)
$ 2.64
Chicken Fillets (1kg)
$ 6.29
Oranges (1kg)
$ 1.60
Potato (1kg)
$ 3.22
Lettuce (1 head)
$ 1.44
Rice (white), (1kg)
$ 1.83
Tomato (1kg)
$ 2.66
Banana (1kg)
$ 1.33
Onion (1kg)
$ 2.52
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$ 11.27
Transportation
One-way Ticket (Local Transport)
$ 3.48
Monthly Pass (Regular Price)
$ 42.95
Gasoline (1 liter)
$ 2.02
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$ 34 871
Taxi Start (Normal Tariff)
$ 3.83
Taxi 1km (Normal Tariff)
$ 1.16
Taxi 1hour Waiting (Normal Tariff)
$ 22.05
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$ 39 545
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$ 144
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$ 37.84
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$ 20.31
Salaries And Financing
Average Monthly Net Salary (After Tax)
$ 1 451
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
5%
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult
$ 44.11
Tennis Court Rent (1 Hour on Weekend)
$ 22.05
Cinema, International Release, 1 Seat
$ 11.61
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)
$ 73.51
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$ 45.85
1 Pair of Nike Running Shoes (Mid-Range)
$ 109
1 Pair of Men Leather Business Shoes
$ 106
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$ 475
International Primary School, Yearly for 1 Child
$ 12 586
Contact seller
Contact seller

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