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Land with urban area Municipality of Silves
Silves, Faro, Portugal, 8375-009
REF: 489683
€15,000,000
Description
Land with 80ha and possibility of construction Land with more than 80ha, located in the area of S. Bartolomeu de Messines, near the beach and the Mountain.
This land has already had a project for a theme park, which included a shopping centre with shops, restaurants, theatre, sports centre. It also included two 4-star hotels, townhouses, apartments and a natural area.
The surrounding area with gardens and lakes with 2.6 ha.
Excellent location to create an ambitious project.
Don't waste time and make an experience to make your visit.
Land with 80ha and possibility of construction Land with more than 80ha, located in the area of S. Bartolomeu de Messines, near the beach and the Mountain.
This land has already had a project for a theme park, which included a shopping centre with shops, restaurants, theatre, sports centre. It also included two 4-star hotels, townhouses, apartments and a natural area.
The surrounding area with gardens and lakes with 2.6 ha.
Excellent location to create an ambitious project.
Don't waste time and make an experience to make your visit.
Read More
Property on Map
Currency Exchange
Silves, Faro, Portugal, 8375-009
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 €15,000,000 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 |
|---|---|---|---|
| €15,000,000 | £12,358,500 | £12,891,750 | £533,250 |
| Property Price € | €15,000,000 |
| Minimum cost in the last six months | £12,358,500 |
| Maximum cost in the last six months | £12,891,750 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £533,250 |
Silves, Faro, Portugal, 8375-009
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 €15,000,000 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 |
|---|---|---|---|
| €15,000,000 | £12,358,500 | £12,891,750 | £533,250 |
| Property Price € | €15,000,000 |
| Minimum cost in the last six months | £12,358,500 |
| Maximum cost in the last six months | £12,891,750 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £533,250 |
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 £533,250 more.
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