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Real estate land Sell in Concei o e Estoi,Faro
Faro, Portugal
REF: 465030
€460,000
Description
Urban Land of 8250m2 with an authorisation for an allotment or housring project.Situated in a privileged location, surrounded by nature, with good access to all the main services and shops, making this land a unique investment opportunity to build and enjoy the charms of a village in the Algarve has to offer.Located only 10 kms from Faro airport and 20 minutes from the golf courses and wonderful beaches.Weather you choose to build your permenant residence or looking for a secure investment with garanteed profitability this can be considered as a safe investment.Estoi is a small village, with under four thousand residents, but boasting a great architectural wealth with its traditional Algarve houses, a charming palace that has been fully restored and the Roman ruins of Milreu.Schedule your visit with us Come and check out the project that we have for you.
Urban Land of 8250m2 with an authorisation for an allotment or housring project.Situated in a privileged location, surrounded by nature, with good access to all the main services and shops, making this land a unique investment opportunity to build and enjoy the charms of a village in the Algarve has to offer.Located only 10 kms from Faro airport and 20 minutes from the golf courses and wonderful beaches.Weather you choose to build your permenant residence or looking for a secure investment with garanteed profitability this can be considered as a safe investment.Estoi is a small village, with under four thousand residents, but boasting a great architectural wealth with its traditional Algarve houses, a charming palace that has been fully restored and the Roman ruins of Milreu.Schedule your visit with us Come and check out the project that we have for you.
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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 €460,000 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 |
|---|---|---|---|
| €460,000 | £381,023 | £395,347 | £14,324 |
| Property Price € | €460,000 |
| Minimum cost in the last six months | £381,023 |
| Maximum cost in the last six months | £395,347 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,324 |
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 €460,000 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 |
|---|---|---|---|
| €460,000 | £381,023 | £395,347 | £14,324 |
| Property Price € | €460,000 |
| Minimum cost in the last six months | £381,023 |
| Maximum cost in the last six months | £395,347 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £14,324 |
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 £14,324 more.
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