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PORTUGAL-ALGARVE-BARAO SAO MIGUEL Rustic land with a wooden house of 65m2 located near the village of Barão São Miguel
Vila do Bispo, Faro, Portugal
REF: 638874
€168,000
Description
PORTUGAL-ALGARVE-BARAO SAO MIGUEL Rustic land with a wooden house of 65m2 located near the village of Barão São Miguel. Land composed of medronho, cork oaks, pear trees and olive trees. Magnificent views of the countryside, good slope for rainwater saving and excellent sun exposure. Few neighbors. Lots of flat areas to do a garden or agriculture. Access is easy by country road. Very well located, 12 minutes from the beaches of Burgau and Boca do Rio, less than 10 minutes from the supermarket and other services. And a few kilometers from Barão São Miguel and its restaurants and cafes... The wooden house with two bedrooms, living room, kitchen, bathroom and garden has everything you need to live in directly. Electricity with solar panels and batteries, water from different water tanks. All appliances (washing machine, fridge, stove, sleeping heater) and all garden materials (generator, land mower) are included in the land price. The garden is enclosed by a fence. Possibility of RENTAL previous to purchase Contact us to schedule a visit!!! #ref: 88349
PORTUGAL-ALGARVE-BARAO SAO MIGUEL Rustic land with a wooden house of 65m2 located near the village of Barão São Miguel. Land composed of medronho, cork oaks, pear trees and olive trees. Magnificent views of the countryside, good slope for rainwater saving and excellent sun exposure. Few neighbors. Lots of flat areas to do a garden or agriculture. Access is easy by country road. Very well located, 12 minutes from the beaches of Burgau and Boca do Rio, less than 10 minutes from the supermarket and other services. And a few kilometers from Barão São Miguel and its restaurants and cafes... The wooden house with two bedrooms, living room, kitchen, bathroom and garden has everything you need to live in directly. Electricity with solar panels and batteries, water from different water tanks. All appliances (washing machine, fridge, stove, sleeping heater) and all garden materials (generator, land mower) are included in the land price. The garden is enclosed by a fence. Possibility of RENTAL previous to purchase Contact us to schedule a visit!!! #ref: 88349
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Currency Exchange
Vila do Bispo, 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 €168,000 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 |
|---|---|---|---|
| €168,000 | £139,156 | £144,388 | £5,232 |
| Property Price € | €168,000 |
| Minimum cost in the last six months | £139,156 |
| Maximum cost in the last six months | £144,388 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,232 |
Vila do Bispo, 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 €168,000 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 |
|---|---|---|---|
| €168,000 | £139,156 | £144,388 | £5,232 |
| Property Price € | €168,000 |
| Minimum cost in the last six months | £139,156 |
| Maximum cost in the last six months | £144,388 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,232 |
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 £5,232 more.
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