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Plot of Land Sell in Faro (S e S o Pedro),Faro
Faro, Portugal
REF: 691798
€1,250,000
Description
Plot of land located in the city of Faro, with a construction area of 1512m2 for flats and shops.Located in an fast growing area, close to schools, commerce and services. Features:- Countryside views- Quiet area- Good access to the city centre and airport.This is a great business opportunity for those who want to invest in the city of Faro.Get in touch and schedule your visit now.Faro lies on the edge of the Ria Formosa Natural Park, a series of saltwater lagoons and mudflats that are a haven for migratory birds and wildlife. Just next to the Ria Formosa Natural Park you ll find three sandbank islands, home to Faro s incredible beaches, which remain some of the least developed in the Algarve.
Plot of land located in the city of Faro, with a construction area of 1512m2 for flats and shops.Located in an fast growing area, close to schools, commerce and services. Features:- Countryside views- Quiet area- Good access to the city centre and airport.This is a great business opportunity for those who want to invest in the city of Faro.Get in touch and schedule your visit now.Faro lies on the edge of the Ria Formosa Natural Park, a series of saltwater lagoons and mudflats that are a haven for migratory birds and wildlife. Just next to the Ria Formosa Natural Park you ll find three sandbank islands, home to Faro s incredible beaches, which remain some of the least developed in the Algarve.
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Currency Exchange
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 €1,250,000 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 |
|---|---|---|---|
| €1,250,000 | £1,035,388 | £1,074,313 | £38,925 |
| Property Price € | €1,250,000 |
| Minimum cost in the last six months | £1,035,388 |
| Maximum cost in the last six months | £1,074,313 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £38,925 |
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 €1,250,000 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 |
|---|---|---|---|
| €1,250,000 | £1,035,388 | £1,074,313 | £38,925 |
| Property Price € | €1,250,000 |
| Minimum cost in the last six months | £1,035,388 |
| Maximum cost in the last six months | £1,074,313 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £38,925 |
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 £38,925 more.
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