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Monchique, Faro, Portugal
REF: 737847
€113,000
Description
Terreno misto situado na Foz da Ribeira em Monchique, com uma área total de 40.400m2. Existe uma área urbana em estado de ruína com uma área de 70 m2 para recuperar e reconstruir com possibilidade de ampliação. Contate-nos e venha visitar!!! #ref: 104995Mixed land located in Foz da Ribeira in Monchique, with a total area of 40,400m2. There is an urban area in a state of ruin with an area of 70 m2 to recover and rebuild with the possibility of expansion. Contact us and come visit!!! #ref: 104995Terrain mixte situé à Foz da Ribeira à Monchique, avec une superficie totale de 40400m2. Il existe une zone urbaine en état de ruine d’une superficie de 70 m2 pour récupérer et reconstruire avec possibilité d’extension. Contactez-nous et venez visiter! #ref: 104995
Terreno misto situado na Foz da Ribeira em Monchique, com uma área total de 40.400m2. Existe uma área urbana em estado de ruína com uma área de 70 m2 para recuperar e reconstruir com possibilidade de ampliação. Contate-nos e venha visitar!!! #ref: 104995Mixed land located in Foz da Ribeira in Monchique, with a total area of 40,400m2. There is an urban area in a state of ruin with an area of 70 m2 to recover and rebuild with the possibility of expansion. Contact us and come visit!!! #ref: 104995Terrain mixte situé à Foz da Ribeira à Monchique, avec une superficie totale de 40400m2. Il existe une zone urbaine en état de ruine d’une superficie de 70 m2 pour récupérer et reconstruire avec possibilité d’extension. Contactez-nous et venez visiter! #ref: 104995
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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 €113,000 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 |
|---|---|---|---|
| €113,000 | £93,599 | £97,118 | £3,519 |
| Property Price € | €113,000 |
| Minimum cost in the last six months | £93,599 |
| Maximum cost in the last six months | £97,118 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,519 |
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 €113,000 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 |
|---|---|---|---|
| €113,000 | £93,599 | £97,118 | £3,519 |
| Property Price € | €113,000 |
| Minimum cost in the last six months | £93,599 |
| Maximum cost in the last six months | £97,118 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,519 |
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 £3,519 more.
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