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House to Recover in Salir - Freixo Seco
Loulé, Faro, Portugal, 8100-179
REF: 489469
€153,000
Description
Streets single-story houses in ruins to recover, one w/86, 36 m2 and the other w/43.00 m2, and land w/4 565.00 m2 for sale in Sitio do Freixo Seco, Salir. Two terraced houses contiguous in ruins to recover, one with 86, 36 m2 and another with 43.00 m2, and land with 4 565.00 m2 for sale in Sitio do Freixo Seco, Salir.
Very quiet location, with water from the public network near the access road and electricity.
South exposure and nice country views.
The access is quite reasonable, having only a 300 m stretch of track on a dirt track.
6,50 Km from the village of Salir, 20 Km from Loulé and 32 from Quarteira beach.
Salir is a parish in the municipality of Loulé. This agricultural colony was elevated to a town in 1993.
It is very likely that the area was inhabited by Celts and Romans, although there is not much evidence to prove this. Salir itself was occupied by the Moors in the 12th Century when Salir Castle was built to protect the southern Algarve from Christian reconquest.
Agricultural production in this region includes cork, locust beans, figs, and almonds. The medronho liquor distilled from the strawberry trees is a very popular digestive. Hunting is an important activity and the area's restaurants specialize in various types of stews.
Streets single-story houses in ruins to recover, one w/86, 36 m2 and the other w/43.00 m2, and land w/4 565.00 m2 for sale in Sitio do Freixo Seco, Salir. Two terraced houses contiguous in ruins to recover, one with 86, 36 m2 and another with 43.00 m2, and land with 4 565.00 m2 for sale in Sitio do Freixo Seco, Salir.
Very quiet location, with water from the public network near the access road and electricity.
South exposure and nice country views.
The access is quite reasonable, having only a 300 m stretch of track on a dirt track.
6,50 Km from the village of Salir, 20 Km from Loulé and 32 from Quarteira beach.
Salir is a parish in the municipality of Loulé. This agricultural colony was elevated to a town in 1993.
It is very likely that the area was inhabited by Celts and Romans, although there is not much evidence to prove this. Salir itself was occupied by the Moors in the 12th Century when Salir Castle was built to protect the southern Algarve from Christian reconquest.
Agricultural production in this region includes cork, locust beans, figs, and almonds. The medronho liquor distilled from the strawberry trees is a very popular digestive. Hunting is an important activity and the area's restaurants specialize in various types of stews.
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Currency Exchange
Loulé, Faro, Portugal, 8100-179
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 €153,000 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 |
|---|---|---|---|
| €153,000 | £126,731 | £131,496 | £4,764 |
| Property Price € | €153,000 |
| Minimum cost in the last six months | £126,731 |
| Maximum cost in the last six months | £131,496 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,764 |
Loulé, Faro, Portugal, 8100-179
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 €153,000 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 |
|---|---|---|---|
| €153,000 | £126,731 | £131,496 | £4,764 |
| Property Price € | €153,000 |
| Minimum cost in the last six months | £126,731 |
| Maximum cost in the last six months | £131,496 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,764 |
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 £4,764 more.
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