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Urban Building plot with architectural project approved and ready for build, set in an ideal position, close to the beach in the village of Salema
Vila do Bispo, Algarve, Portugal, 8650-060
REF: 630389
€250,000
Description
Urban Building plot with architectural project approved and ready for build, set in an ideal position, close to the beach in the village of Salema.
The project outlines a 3 bedroom modern villa with accommodation spread over 3 floors
-the upper level with an open plan lounge / dining / kitchen that leads to a large terrace.
-the mid level with 3 en suite bedrooms
-the lower ground level with a fantastic large storage room, a laundry and a wine cellar
Topping this all off is a fantastic large roof terrace.
This is a unique opportunity to acquire a ready to go project, set in a great position where you can build a house to match your taste and life style.
Urban Building plot with architectural project approved and ready for build, set in an ideal position, close to the beach in the village of Salema.
The project outlines a 3 bedroom modern villa with accommodation spread over 3 floors
-the upper level with an open plan lounge / dining / kitchen that leads to a large terrace.
-the mid level with 3 en suite bedrooms
-the lower ground level with a fantastic large storage room, a laundry and a wine cellar
Topping this all off is a fantastic large roof terrace.
This is a unique opportunity to acquire a ready to go project, set in a great position where you can build a house to match your taste and life style.
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Property on Map
Currency Exchange
Vila do Bispo, Algarve, Portugal, 8650-060
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 €250,000 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 |
|---|---|---|---|
| €250,000 | £207,078 | £214,965 | £7,888 |
| Property Price € | €250,000 |
| Minimum cost in the last six months | £207,078 |
| Maximum cost in the last six months | £214,965 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,888 |
Vila do Bispo, Algarve, Portugal, 8650-060
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 €250,000 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 |
|---|---|---|---|
| €250,000 | £207,078 | £214,965 | £7,888 |
| Property Price € | €250,000 |
| Minimum cost in the last six months | £207,078 |
| Maximum cost in the last six months | £214,965 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,888 |
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 £7,888 more.
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