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ALCANTARILHA - FONTES DA MATOSA - HOUSE AND LAND
Silves, Algarve, Portugal
REF: 524779
€850,000
Description
Typical Algarvian Villa inserted in plot of land with 15816 m2 close to one of the best golf courses in the region and with good road access.
You can reform the existing property or build your dream home from scratch.
Come and visit An incredible investment opportunity!
Two Typical Algarveian villas, inserted into a large plot of land of 15816 m2 - it is a few minutes drive to one of the very best golf courses in Portugal and has excellent road access.
The two houses have enormous potential, - they can be renovated with the the existing houses keeping the typical traits and generate rental income or else renovate - alternatvely build the house of your dreams.!
In addition to the 2 seperate cottages, permission has now been approved for a building capabilty of 6 townshouses or a 2500m2 build on the land
The large pool can be renovated making this an incredible opportunity as an investment!
Situated in a very quiet rural village it is nevetheless extremely close to all the infer structure of the towns of Lagoa, Porches and the beach resorts of Armação De Pera and Carvoeiro
A must see opportunity!
Typical Algarvian Villa inserted in plot of land with 15816 m2 close to one of the best golf courses in the region and with good road access.
You can reform the existing property or build your dream home from scratch.
Come and visit An incredible investment opportunity!
Two Typical Algarveian villas, inserted into a large plot of land of 15816 m2 - it is a few minutes drive to one of the very best golf courses in Portugal and has excellent road access.
The two houses have enormous potential, - they can be renovated with the the existing houses keeping the typical traits and generate rental income or else renovate - alternatvely build the house of your dreams.!
In addition to the 2 seperate cottages, permission has now been approved for a building capabilty of 6 townshouses or a 2500m2 build on the land
The large pool can be renovated making this an incredible opportunity as an investment!
Situated in a very quiet rural village it is nevetheless extremely close to all the infer structure of the towns of Lagoa, Porches and the beach resorts of Armação De Pera and Carvoeiro
A must see opportunity!
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Property on Map
Currency Exchange
Silves, Algarve, 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 €850,000 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 |
|---|---|---|---|
| €850,000 | £700,315 | £730,533 | £30,218 |
| Property Price € | €850,000 |
| Minimum cost in the last six months | £700,315 |
| Maximum cost in the last six months | £730,533 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £30,218 |
Silves, Algarve, 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 €850,000 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 |
|---|---|---|---|
| €850,000 | £700,315 | £730,533 | £30,218 |
| Property Price € | €850,000 |
| Minimum cost in the last six months | £700,315 |
| Maximum cost in the last six months | £730,533 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £30,218 |
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 £30,218 more.
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