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Real estate land Sell in Concei o e Estoi,Faro
Faro, Portugal
REF: 255531
€520,000
Description
Plot with a total area of 20040m2 and possible use area of 600m2 for the construction of a country house for rural tourism.The property has a dwelling house to be renovated and several outbuildings that can be used to support the main house.It also has a scoop wheel, a tank and space for animals.Presence of a borehole with a flow capacity that allows agricultural use with irrigation. Planted 400 trees (200 carob and 200 pomegranate).Faro is a city with so much to see and enjoy. It is a welcoming and peaceful city with an attractive harbour, well-kept parks and squares. The historic part of the city, Vila-Adentro, has charming pedestrian streets, and caf s with inviting terraces. The capital of the Algarve is truly proud of its lively centre, filled with shops, terraces, bars and restaurants, as well as its monuments, museums and beautiful old buildings.Great location and with good access, only 10 minutes from the city of Faro.Excellent business opportunity, contact us and come for a meeting.
Plot with a total area of 20040m2 and possible use area of 600m2 for the construction of a country house for rural tourism.The property has a dwelling house to be renovated and several outbuildings that can be used to support the main house.It also has a scoop wheel, a tank and space for animals.Presence of a borehole with a flow capacity that allows agricultural use with irrigation. Planted 400 trees (200 carob and 200 pomegranate).Faro is a city with so much to see and enjoy. It is a welcoming and peaceful city with an attractive harbour, well-kept parks and squares. The historic part of the city, Vila-Adentro, has charming pedestrian streets, and caf s with inviting terraces. The capital of the Algarve is truly proud of its lively centre, filled with shops, terraces, bars and restaurants, as well as its monuments, museums and beautiful old buildings.Great location and with good access, only 10 minutes from the city of Faro.Excellent business opportunity, contact us and come for a meeting.
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Currency Exchange
Faro, 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 €520,000 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 |
|---|---|---|---|
| €520,000 | £430,721 | £446,914 | £16,193 |
| Property Price € | €520,000 |
| Minimum cost in the last six months | £430,721 |
| Maximum cost in the last six months | £446,914 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,193 |
Faro, 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 €520,000 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 |
|---|---|---|---|
| €520,000 | £430,721 | £446,914 | £16,193 |
| Property Price € | €520,000 |
| Minimum cost in the last six months | £430,721 |
| Maximum cost in the last six months | £446,914 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £16,193 |
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 £16,193 more.
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