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Land with ruin - São Bartolomeu de Messines
Silves, Faro, Portugal, 8375-032
REF: 697523
€125,000
Description
Land with a total area of 3274m2.With gross building area of 216m2.The property is in disrepair.It is located in the parish of São Bartolomeu de Messines, in Torreirão.Access to the property is via a tarred road.Build your dream home in a quiet area, away from city noises.You can see in the video an example of a project for this land. It should be noted that the project is merely informative, it was not submitted to the City Council and therefore it is not an approved project, it only serves to exemplify the potential of this land.Additional informationKW Flash has at its disposal a Credit Intermediary authorized by the Bank of Portugal.If you need financing we can help!At KW Flash we share business with all real estate consultants or agencies with an AMI license. We believe that together we can do more for our customers! If you are a professional in the sector and have a qualified client, contact me and schedule a visit, as this property is exclusively available to provide you with an excellent service.
Land with a total area of 3274m2.With gross building area of 216m2.The property is in disrepair.It is located in the parish of São Bartolomeu de Messines, in Torreirão.Access to the property is via a tarred road.Build your dream home in a quiet area, away from city noises.You can see in the video an example of a project for this land. It should be noted that the project is merely informative, it was not submitted to the City Council and therefore it is not an approved project, it only serves to exemplify the potential of this land.Additional informationKW Flash has at its disposal a Credit Intermediary authorized by the Bank of Portugal.If you need financing we can help!At KW Flash we share business with all real estate consultants or agencies with an AMI license. We believe that together we can do more for our customers! If you are a professional in the sector and have a qualified client, contact me and schedule a visit, as this property is exclusively available to provide you with an excellent service.
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Currency Exchange
Silves, Faro, Portugal, 8375-032
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 €125,000 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 |
|---|---|---|---|
| €125,000 | £103,539 | £107,431 | £3,893 |
| Property Price € | €125,000 |
| Minimum cost in the last six months | £103,539 |
| Maximum cost in the last six months | £107,431 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,893 |
Silves, Faro, Portugal, 8375-032
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 €125,000 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 |
|---|---|---|---|
| €125,000 | £103,539 | £107,431 | £3,893 |
| Property Price € | €125,000 |
| Minimum cost in the last six months | £103,539 |
| Maximum cost in the last six months | £107,431 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,893 |
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 £3,893 more.
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