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Plot for sale near Silves, ideal for urban construction
Silves, Faro, Portugal
REF: 686345
€59,990
Description
Plot for sale near Silves, ideal for urban construction. The land has a lot with a total area of 144m2, a footprint of 144m2, and a gross building area of 288m2. Located in a secluded area away from road traffic, it could be your option for a new home. The building area allows for an incredible opportunity to build a spacious and modern 3-bedroom house in a privileged location. The land is located in a quiet residential area with easy access to major roads - A22 and EN125. The prime location of the land also allows you to enjoy all the amenities of the city of Silves, being only a 5-minute drive from the beautiful Carvoeiro beach, one of the most famous and popular in the Algarve. In addition to proximity to the beach and golf courses, the urban construction land advertised is conveniently located near prestigious international schools such as the Nobel International School Algarve and the German School. These schools offer quality education in an international environment, providing an excellent opportunity for families looking for an international education for their children. With this privileged location, families can enjoy a quality and convenient lifestyle, with easy access to all necessary amenities. If you want to build your dream home in an exclusive and comfortable area, don't miss this opportunity. Contact us for more details about this land and start planning your new home in the Algarve. #ref: 90662
Plot for sale near Silves, ideal for urban construction. The land has a lot with a total area of 144m2, a footprint of 144m2, and a gross building area of 288m2. Located in a secluded area away from road traffic, it could be your option for a new home. The building area allows for an incredible opportunity to build a spacious and modern 3-bedroom house in a privileged location. The land is located in a quiet residential area with easy access to major roads - A22 and EN125. The prime location of the land also allows you to enjoy all the amenities of the city of Silves, being only a 5-minute drive from the beautiful Carvoeiro beach, one of the most famous and popular in the Algarve. In addition to proximity to the beach and golf courses, the urban construction land advertised is conveniently located near prestigious international schools such as the Nobel International School Algarve and the German School. These schools offer quality education in an international environment, providing an excellent opportunity for families looking for an international education for their children. With this privileged location, families can enjoy a quality and convenient lifestyle, with easy access to all necessary amenities. If you want to build your dream home in an exclusive and comfortable area, don't miss this opportunity. Contact us for more details about this land and start planning your new home in the Algarve. #ref: 90662
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Currency Exchange
Silves, 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 €59,990 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 |
|---|---|---|---|
| €59,990 | £49,690 | £51,558 | £1,868 |
| Property Price € | €59,990 |
| Minimum cost in the last six months | £49,690 |
| Maximum cost in the last six months | £51,558 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,868 |
Silves, 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 €59,990 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 |
|---|---|---|---|
| €59,990 | £49,690 | £51,558 | £1,868 |
| Property Price € | €59,990 |
| Minimum cost in the last six months | £49,690 |
| Maximum cost in the last six months | £51,558 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,868 |
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 £1,868 more.
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