TUNES - Land with the possibility of building up to 2

Silves, Faro, Portugal, 8365-235

For Sale

€500,000

REF: 504715 €500,000


3

Description

Property in the center of Tunis composed of single storey houses. 652 sqm.m. plot with 250 sq.m. of built area. Feasibility for the construction of 2 apartment blocks with shared basement, with 3 floors above ground and a gross construction area of 2,022 sq.m.. Very interesting setting with 3 fronts and a central patio. Just a few minutes' walk from the railway station and all services.

Good investment opportunity. Property in the center of Tunes, composed of single storey houses with three rooms, kitchen, bathroom, vestibule and two storage rooms, porch for collection of agricultural tools, garage and warehouse. 652 sqm.m. plot with 250 sq.m. of built area. Feasibility for the construction of 2 apartment blocks with shared basement, with 3 floors above ground and a gross construction area of 2,022 sq.m.. The setting of the property is quite interesting, with 3 fronts and a central courtyard. A few minutes' walk from the railway station and all services. Good investment opportunity.
Property in the center of Tunis composed of single storey houses. 652 sqm.m. plot with 250 sq.m. of built area. Feasibility for the construction of 2 apartment blocks with shared basement, with 3 floors above ground and a gross construction area of 2,022 sq.m.. Very interesting setting with 3 fronts and a central patio. Just a few minutes' walk from the railway station and all services.

Good investment opportunity. Property in the center of Tunes, composed of single storey houses with three rooms, kitchen, bathroom, vestibule and two storage rooms, porch for collection of agricultural tools, garage and warehouse. 652 sqm.m. plot with 250 sq.m. of built area. Feasibility for the construction of 2 apartment blocks with shared basement, with 3 floors above ground and a gross construction area of 2,022 sq.m.. The setting of the property is quite interesting, with 3 fronts and a central courtyard. A few minutes' walk from the railway station and all services. Good investment opportunity.
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Property on Map

#MB227238M

Currency Exchange

Silves, Faro, Portugal, 8365-235

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 €500,000 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
€500,000 £411,950 £429,725 £17,775
Property Price € €500,000
Minimum cost in the last six months £411,950
Maximum cost in the last six months £429,725
Fluctuating exchange rates over the last six months could have increased the cost of this property by £17,775

Silves, Faro, Portugal, 8365-235

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 €500,000 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
€500,000 £411,950 £429,725 £17,775
Property Price € €500,000
Minimum cost in the last six months £411,950
Maximum cost in the last six months £429,725
Fluctuating exchange rates over the last six months could have increased the cost of this property by £17,775

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 £17,775 more.

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