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Urban plot for a villa in Salema
Vila do Bispo, Faro, Portugal, 8650-196 Budens
REF: 741185
€169,000
Description
Investing in a location that can increase in value is always important to guarantee a financial return and security for your investment. That's exactly what we propose in this option. With a privileged location and under development, this plot is the right choice for you. This urban building plot is located in a small urbanisation, a short distance from Salema and the beach, in the municipality of Vila do Bispo.
The 494m2 plot allows for the construction of a two-storey detached villa with a basement and a gross construction area of 250 m2, offering the possibility of creating a spacious and comfortable home.
In addition, the plot has space to build a swimming pool, making it ideal for enjoying long summer afternoons and the outdoor lifestyle.
It has all the basic infrastructures, such as water, electricity and road access.
Contact us to find out more.
Investing in a location that can increase in value is always important to guarantee a financial return and security for your investment. That's exactly what we propose in this option. With a privileged location and under development, this plot is the right choice for you. This urban building plot is located in a small urbanisation, a short distance from Salema and the beach, in the municipality of Vila do Bispo.
The 494m2 plot allows for the construction of a two-storey detached villa with a basement and a gross construction area of 250 m2, offering the possibility of creating a spacious and comfortable home.
In addition, the plot has space to build a swimming pool, making it ideal for enjoying long summer afternoons and the outdoor lifestyle.
It has all the basic infrastructures, such as water, electricity and road access.
Contact us to find out more.
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Property on Map
Currency Exchange
Vila do Bispo, Faro, Portugal, 8650-196 Budens
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 €169,000 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 |
|---|---|---|---|
| €169,000 | £139,984 | £145,247 | £5,263 |
| Property Price € | €169,000 |
| Minimum cost in the last six months | £139,984 |
| Maximum cost in the last six months | £145,247 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,263 |
Vila do Bispo, Faro, Portugal, 8650-196 Budens
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 €169,000 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 |
|---|---|---|---|
| €169,000 | £139,984 | £145,247 | £5,263 |
| Property Price € | €169,000 |
| Minimum cost in the last six months | £139,984 |
| Maximum cost in the last six months | £145,247 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,263 |
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 £5,263 more.
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