Land for sale in Portimão
A plot of land for sale in Portimão, specifically within a tranquil, green and peaceful residential area of Monte Canelas.
Offering a total of 572 sqm it is located within easy access from the both the A22 and national N125 roads making it an ideal spot if you are wanting to be away from the hustle and bustle of city life whilst still being close enough to local amenities.
Benefiting from lovely country views and being situated close to the Penina Golf Course, this plot of land is really suitable for a variety of purchases such as relocating to the Algarve, using it as a holiday home while generating rental income or even a way to expand your property portfolio by building a home and then selling it on.
Portimão and Alvor is located in Western Algarve, Alvor is a seaside resort and fishing village which is lined with bars and seafood restaurants. It offers the most idyllic view as you can sit and watch the fishing boats come and go.
Portimão its known for its old quarter, busy marina and proximity to many beaches. Museum de Portimão is housed in a restored 19th-century cannery, with displays on local history. The Gothic-style Nossa Senhora da Conceição church has the traditional azulejo tiles.
Purchase Price – 88 000 Purchase Price – 88 000
Deposit / Down Payment – 17 600 (20%) Deposit / Down Payment – 17 600 (20%)
Finance Amount – 70 400 Finance Amount – 70 400
Interest Rate – 0.873% Interest Rate – 0.873%
Term / Period – 30 years / 360 months Term / Period – 40 years / 480 months
Monthly Payments – 222.35 Monthly Payments – 173.81