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Real estate land Sell in S o Bartolomeu de Messines,Silves
Silves, Portugal
REF: 255130
€1,250,000
Description
96270 sqm land with viability for construction. Situated in Funcho, 18 km from Silves and 11 km from Messines, where you can find local commerce, restaurants, bars, etc.Great Investment opportunity for a environmently friendly tourism project, or a residence.Silves is filled with history, and was once the prosperous capital of the Algarve. Remnants of its past are scattered throughout the town, seen in its architecture, Moorish castle, gothic cathedral, and the fortified gateway that leads into the historic centre.Today Silves is a laid back town, surrounded by countryside, with plenty of cafes, traditional restaurants and open air terraces to take a seat and enjoy the town s atmosphere.Silves offers incredible views right across the Algarve, and is only a short drive away from the picturesque town of Monchique, up in the mountains.It s a perfect place for those who are craving a tranquil escape in the countryside.Come and visit!
96270 sqm land with viability for construction. Situated in Funcho, 18 km from Silves and 11 km from Messines, where you can find local commerce, restaurants, bars, etc.Great Investment opportunity for a environmently friendly tourism project, or a residence.Silves is filled with history, and was once the prosperous capital of the Algarve. Remnants of its past are scattered throughout the town, seen in its architecture, Moorish castle, gothic cathedral, and the fortified gateway that leads into the historic centre.Today Silves is a laid back town, surrounded by countryside, with plenty of cafes, traditional restaurants and open air terraces to take a seat and enjoy the town s atmosphere.Silves offers incredible views right across the Algarve, and is only a short drive away from the picturesque town of Monchique, up in the mountains.It s a perfect place for those who are craving a tranquil escape in the countryside.Come and visit!
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Currency Exchange
Silves, Portugal
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €1,250,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €1,250,000 | £1,039,850 | £1,075,775 | £35,925 |
| Property Price € | €1,250,000 |
| Minimum cost in the last six months | £1,039,850 |
| Maximum cost in the last six months | £1,075,775 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £35,925 |
Silves, Portugal
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €1,250,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €1,250,000 | £1,039,850 | £1,075,775 | £35,925 |
| Property Price € | €1,250,000 |
| Minimum cost in the last six months | £1,039,850 |
| Maximum cost in the last six months | £1,075,775 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £35,925 |
The exchange rate on the day you make an offer on your property in Portugal will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.
The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.
This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £35,925 more.
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