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Land with approved project for construction of a Health Hotel, São Brás de Alportel, Algarve, Portugal Innovative program with a modern design that can bring together different activities: » Residential " Hospitality » Medicine » Commercial & Leisure area Brief description of the different sector
São Brás de Alportel, Faro, Portugal
REF: 597648
€2,000,000
Description
Land with approved project for construction of a Health Hotel, São Brás de Alportel, Algarve, Portugal Innovative program with a modern design that can bring together different activities: » Residential " Hospitality » Medicine » Commercial & Leisure area Brief description of the different sectors: RESIDENTIAL SECTOR 80 apartments (T0 / T1 / T2) for elderly owners With support from hotel services (meals and cleaning) HOTEL SECTOR Hotel - Panoramic Restaurant - Cafeteria - Bar Residents’ home services (meals and cleaning) PRIVATE SECTOR MEDICINE Independent offices of: doctor, dentist, nursing, pharmacy COMMERCE and LEISURE SECTORS Hairdresser, SPA, Swimming pool and outdoor leisure areas, conference and training rooms, other shops. Located in an area of tourist interest in the Algarve, with a construction area of approximately 9,000 m², providing indoor and outdoor parking Project with paid license. It can be customized for other activities and is intended for: - Companies or - Private investors For any additional questions or to schedule a visit: Cristina Castro – nine three six seven eight two two four eight [email protected] #ref: 81387
Land with approved project for construction of a Health Hotel, São Brás de Alportel, Algarve, Portugal Innovative program with a modern design that can bring together different activities: » Residential " Hospitality » Medicine » Commercial & Leisure area Brief description of the different sectors: RESIDENTIAL SECTOR 80 apartments (T0 / T1 / T2) for elderly owners With support from hotel services (meals and cleaning) HOTEL SECTOR Hotel - Panoramic Restaurant - Cafeteria - Bar Residents’ home services (meals and cleaning) PRIVATE SECTOR MEDICINE Independent offices of: doctor, dentist, nursing, pharmacy COMMERCE and LEISURE SECTORS Hairdresser, SPA, Swimming pool and outdoor leisure areas, conference and training rooms, other shops. Located in an area of tourist interest in the Algarve, with a construction area of approximately 9,000 m², providing indoor and outdoor parking Project with paid license. It can be customized for other activities and is intended for: - Companies or - Private investors For any additional questions or to schedule a visit: Cristina Castro – nine three six seven eight two two four eight [email protected] #ref: 81387
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Currency Exchange
São Brás de Alportel, Faro, 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 €2,000,000 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 |
|---|---|---|---|
| €2,000,000 | £1,656,620 | £1,718,900 | £62,280 |
| Property Price € | €2,000,000 |
| Minimum cost in the last six months | £1,656,620 |
| Maximum cost in the last six months | £1,718,900 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £62,280 |
São Brás de Alportel, Faro, 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 €2,000,000 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 |
|---|---|---|---|
| €2,000,000 | £1,656,620 | £1,718,900 | £62,280 |
| Property Price € | €2,000,000 |
| Minimum cost in the last six months | £1,656,620 |
| Maximum cost in the last six months | £1,718,900 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £62,280 |
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 £62,280 more.
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