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Monchique, Faro, Portugal
REF: 737814
€61,000
Description
Terreno Rústico em Sitio de Terras do Milho em Monchique, Algarve Terreno rústico com uma área de 21.880m2. Ideal para a cultura de árvores de eucaliptos e ainda para a cultura de pinheiros, mais precisamente, pinheiros mansos. Contate-nos e venha visitar!!! #ref: 104999Rustic land in Sitio de Terras do Milho in Monchique, Algarve Rustic land with an area of 21,880m2. Ideal for growing eucalyptus trees and for growing pine trees, more precisely, pine trees. Contact us and come visit!!! #ref: 104999Terrain rustique à Sitio de Terras do Maïs à Monchique, Algarve Terrain rustique d’une superficie de 21880m2. Idéal pour la culture des eucalyptus et pour la culture des pins, plus précisément, des pins doux. Contactez-nous et venez visiter! #ref: 104999
Terreno Rústico em Sitio de Terras do Milho em Monchique, Algarve Terreno rústico com uma área de 21.880m2. Ideal para a cultura de árvores de eucaliptos e ainda para a cultura de pinheiros, mais precisamente, pinheiros mansos. Contate-nos e venha visitar!!! #ref: 104999Rustic land in Sitio de Terras do Milho in Monchique, Algarve Rustic land with an area of 21,880m2. Ideal for growing eucalyptus trees and for growing pine trees, more precisely, pine trees. Contact us and come visit!!! #ref: 104999Terrain rustique à Sitio de Terras do Maïs à Monchique, Algarve Terrain rustique d’une superficie de 21880m2. Idéal pour la culture des eucalyptus et pour la culture des pins, plus précisément, des pins doux. Contactez-nous et venez visiter! #ref: 104999
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Currency Exchange
Monchique, 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 €61,000 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 |
|---|---|---|---|
| €61,000 | £50,527 | £52,426 | £1,900 |
| Property Price € | €61,000 |
| Minimum cost in the last six months | £50,527 |
| Maximum cost in the last six months | £52,426 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,900 |
Monchique, 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 €61,000 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 |
|---|---|---|---|
| €61,000 | £50,527 | £52,426 | £1,900 |
| Property Price € | €61,000 |
| Minimum cost in the last six months | £50,527 |
| Maximum cost in the last six months | £52,426 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,900 |
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 £1,900 more.
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