Caramujeira plot with large ruin with Spectacular Sea views for sale near Carvoeiro in Algarve

Lagoa, Portugal

For Sale

€1,050,000

REF: 593647 €1,050,000


Description

This plot with a ruin has spectacular seaviews. It is situated in the lovely village of Caramujeira only a few minutes away from the shops, restaurants, supermarkets and beautiful white sand beaches of the Algarve. The plot has 7720m2 of land and a building area of 705,98m2. This gem is one of the last unique large plots of land still available in this area. Ideal spot to build your investment & holiday home close to the beaches and golf courses. Here you can build your dream home,a unique opportunity not to be missed!
This plot with a ruin has spectacular seaviews. It is situated in the lovely village of Caramujeira only a few minutes away from the shops, restaurants, supermarkets and beautiful white sand beaches of the Algarve. The plot has 7720m2 of land and a building area of 705,98m2. This gem is one of the last unique large plots of land still available in this area. Ideal spot to build your investment & holiday home close to the beaches and golf courses. Here you can build your dream home,a unique opportunity not to be missed!
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Property on Map

#EAV-1859

Currency Exchange

Lagoa, 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 €1,050,000 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
€1,050,000 £865,095 £902,423 £37,328
Property Price € €1,050,000
Minimum cost in the last six months £865,095
Maximum cost in the last six months £902,423
Fluctuating exchange rates over the last six months could have increased the cost of this property by £37,328

Lagoa, 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 €1,050,000 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
€1,050,000 £865,095 £902,423 £37,328
Property Price € €1,050,000
Minimum cost in the last six months £865,095
Maximum cost in the last six months £902,423
Fluctuating exchange rates over the last six months could have increased the cost of this property by £37,328

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 £37,328 more.

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