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Several Plots of land for Semi-detached houses
Tonel, Faro, Portugal
REF: 598295
€100,000
Description
Several Plots of land for Semi-detached houses. From 95.000EUR with an area of 178sqm and 160sqm of construction up to 200.000EUR with an area of 311sqm and 160sqm of construction. Lots located on the beach of Tonel, with sea view from the 1st Floor and great environmental surroundings. It is an Oceanic Beach located on the coast of Portugal - Iberian Peninsula - in the municipality of Vila do Bispo, bathed by the Atlantic Ocean. Praia do Tonel has a very extensive sandy beach. It is located at the beginning of the west side of Ponta de Sagres, at the top of which stand the Tower and Walls of Sagres, better known as The Fortress of Sagres. In the North zone, about 70 meters from the coast, there is an islet. The beach is within the territory of the Biogenetic Reserve of Sagres. In the distance, you can see Cape St. Vincent. Access is by National Road 268.
Several Plots of land for Semi-detached houses. From 95.000EUR with an area of 178sqm and 160sqm of construction up to 200.000EUR with an area of 311sqm and 160sqm of construction. Lots located on the beach of Tonel, with sea view from the 1st Floor and great environmental surroundings. It is an Oceanic Beach located on the coast of Portugal - Iberian Peninsula - in the municipality of Vila do Bispo, bathed by the Atlantic Ocean. Praia do Tonel has a very extensive sandy beach. It is located at the beginning of the west side of Ponta de Sagres, at the top of which stand the Tower and Walls of Sagres, better known as The Fortress of Sagres. In the North zone, about 70 meters from the coast, there is an islet. The beach is within the territory of the Biogenetic Reserve of Sagres. In the distance, you can see Cape St. Vincent. Access is by National Road 268.
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Currency Exchange
Tonel, 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 €100,000 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 |
|---|---|---|---|
| €100,000 | £82,831 | £85,945 | £3,114 |
| Property Price € | €100,000 |
| Minimum cost in the last six months | £82,831 |
| Maximum cost in the last six months | £85,945 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,114 |
Tonel, 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 €100,000 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 |
|---|---|---|---|
| €100,000 | £82,831 | £85,945 | £3,114 |
| Property Price € | €100,000 |
| Minimum cost in the last six months | £82,831 |
| Maximum cost in the last six months | £85,945 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,114 |
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 £3,114 more.
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