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Urban plot of land for sale in the Monte Rei Golf- Monte Nicklaus
Vila Real de Santo António, Faro, Portugal
REF: 612210
€700,000
Description
Urban plof of land with 2.983 sq. meters to build a house, located in the Monte Rei Tourist Complex. With an approved project to build modern and contemporary style villa.Monte Rei Golf- Monte Nicklaus is probably the best golf course in Portugal due to its location, the course model, facilities and amenities. Over 400 hectares of natural and untouched landscapes between the Serra do Caldeirão and the Atlantic Ocean.The Resort Monte Rei Golf & Country Club presents a great investment opportunity, security, quality, privacy and the best of the Algarve THE SUN!15 min. from the best beaches in the Algarve-Sotavento and 30 min. from airport Faro.Contact me and let me present the conditions of this project and the advantages of being a member of the Resort Monte Rei Golf with the signature of Jack Nicklaus.
Urban plof of land with 2.983 sq. meters to build a house, located in the Monte Rei Tourist Complex. With an approved project to build modern and contemporary style villa.Monte Rei Golf- Monte Nicklaus is probably the best golf course in Portugal due to its location, the course model, facilities and amenities. Over 400 hectares of natural and untouched landscapes between the Serra do Caldeirão and the Atlantic Ocean.The Resort Monte Rei Golf & Country Club presents a great investment opportunity, security, quality, privacy and the best of the Algarve THE SUN!15 min. from the best beaches in the Algarve-Sotavento and 30 min. from airport Faro.Contact me and let me present the conditions of this project and the advantages of being a member of the Resort Monte Rei Golf with the signature of Jack Nicklaus.
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Currency Exchange
Vila Real de Santo António, 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 €700,000 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 |
|---|---|---|---|
| €700,000 | £576,730 | £601,615 | £24,885 |
| Property Price € | €700,000 |
| Minimum cost in the last six months | £576,730 |
| Maximum cost in the last six months | £601,615 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £24,885 |
Vila Real de Santo António, 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 €700,000 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 |
|---|---|---|---|
| €700,000 | £576,730 | £601,615 | £24,885 |
| Property Price € | €700,000 |
| Minimum cost in the last six months | £576,730 |
| Maximum cost in the last six months | £601,615 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £24,885 |
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 £24,885 more.
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