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Opportunity to build a 4-bedroom villa with parking on Rua Padre António Lopes in Alcantarilha
Silves, Faro, Portugal
REF: 730446
€150,000
Description
Are you planning to build your new home in a peaceful village where quality of life reigns supreme?Are you an investor looking for new construction opportunities?We present this possibility, in Alcantarilha, where access to the EN 125 and A22, the Algarve's main arteries, is less than 5 minutes away.It's a warehouse in ruins, with a project to build a 4-bedroom villa on 2 floors, in the center of the old and friendly village of Alcantarilha, where you have shops, services, kindergarten and school, health center, fire station, post office, pharmacy, market, bank, gym, public transport, Sudoeste - the Algarve's newest retail park, as well as several cafés and restaurants.The villa will be composed as follows:On level 0, at ground floor level; - 1 bedroom, - 1 open-plan kitchen/living room/dining room - 1 guest bathroom- GarageOn floor 1, at 1st floor level; - 3 suites, 2 with access to the balcony- 1 storage room or 1 small officeAccessibility:- 2 km from Aqualand Water Park- 3,1km from Amendoeira Golf- 4 km from Armação de Pêra beach and 6.5 km from Praia Grande beach - 4 km from Zoomarine Water Park- 7.3 km from Algarve Shopping- 7.5 km from Lagoa International School- 13 km from the city of Silves- 13.5 km from the city of Albufeira- 48.3km from Faro AirportTo schedule a visit or for more information, please contact us!
Are you planning to build your new home in a peaceful village where quality of life reigns supreme?Are you an investor looking for new construction opportunities?We present this possibility, in Alcantarilha, where access to the EN 125 and A22, the Algarve's main arteries, is less than 5 minutes away.It's a warehouse in ruins, with a project to build a 4-bedroom villa on 2 floors, in the center of the old and friendly village of Alcantarilha, where you have shops, services, kindergarten and school, health center, fire station, post office, pharmacy, market, bank, gym, public transport, Sudoeste - the Algarve's newest retail park, as well as several cafés and restaurants.The villa will be composed as follows:On level 0, at ground floor level; - 1 bedroom, - 1 open-plan kitchen/living room/dining room - 1 guest bathroom- GarageOn floor 1, at 1st floor level; - 3 suites, 2 with access to the balcony- 1 storage room or 1 small officeAccessibility:- 2 km from Aqualand Water Park- 3,1km from Amendoeira Golf- 4 km from Armação de Pêra beach and 6.5 km from Praia Grande beach - 4 km from Zoomarine Water Park- 7.3 km from Algarve Shopping- 7.5 km from Lagoa International School- 13 km from the city of Silves- 13.5 km from the city of Albufeira- 48.3km from Faro AirportTo schedule a visit or for more information, please contact us!
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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 €150,000 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 |
|---|---|---|---|
| €150,000 | £124,247 | £128,918 | £4,671 |
| Property Price € | €150,000 |
| Minimum cost in the last six months | £124,247 |
| Maximum cost in the last six months | £128,918 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,671 |
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 €150,000 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 |
|---|---|---|---|
| €150,000 | £124,247 | £128,918 | £4,671 |
| Property Price € | €150,000 |
| Minimum cost in the last six months | £124,247 |
| Maximum cost in the last six months | £128,918 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,671 |
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 £4,671 more.
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