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Agricultural land, several crops, Paderne/ Albufeira, Algarve
Albufeira, Faro, Portugal, 8200-622
REF: 724262
€70,000
Description
Agricultural land with 17.560 m2, located in an area known for New Mill, composed of arable crop, carob, olive, almond and fig trees.This land is in the parish of Paderne, which contains extremely marked characteristics of the Algarve barrocal, is located about 13 km from the county seat, Albufeira. This interior location with several underground water tables, transformed the great plains of the parish into fertile ground for agriculture. Book your visit now and don't miss this excellent opportunity. Luis Silva +351 968 656 981At KW Flash we have at your disposal Support in the financing process (if required). Our agency has a Credit Intermediary Authorized by the Bank of Portugal. If you need financing we can help and we will be by your side to accompany you throughout the process.At KW Flash we share business with every real estate consultant or agency with AMI license because together we can do more for our clients. If you are a professional in the sector and have a qualified client, contact me and schedule a visit, because this property is in exclusive, to provide you an excellent service.
Agricultural land with 17.560 m2, located in an area known for New Mill, composed of arable crop, carob, olive, almond and fig trees.This land is in the parish of Paderne, which contains extremely marked characteristics of the Algarve barrocal, is located about 13 km from the county seat, Albufeira. This interior location with several underground water tables, transformed the great plains of the parish into fertile ground for agriculture. Book your visit now and don't miss this excellent opportunity. Luis Silva +351 968 656 981At KW Flash we have at your disposal Support in the financing process (if required). Our agency has a Credit Intermediary Authorized by the Bank of Portugal. If you need financing we can help and we will be by your side to accompany you throughout the process.At KW Flash we share business with every real estate consultant or agency with AMI license because together we can do more for our clients. If you are a professional in the sector and have a qualified client, contact me and schedule a visit, because this property is in exclusive, to provide you an excellent service.
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Currency Exchange
Albufeira, Faro, Portugal, 8200-622
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 €70,000 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 |
|---|---|---|---|
| €70,000 | £57,982 | £60,162 | £2,180 |
| Property Price € | €70,000 |
| Minimum cost in the last six months | £57,982 |
| Maximum cost in the last six months | £60,162 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,180 |
Albufeira, Faro, Portugal, 8200-622
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 €70,000 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 |
|---|---|---|---|
| €70,000 | £57,982 | £60,162 | £2,180 |
| Property Price € | €70,000 |
| Minimum cost in the last six months | £57,982 |
| Maximum cost in the last six months | £60,162 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,180 |
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 £2,180 more.
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