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Plot of land just 10 minutes from Ferragudo
Lagoa, Faro, Portugal, 8400-257
REF: 752025
€90,000
Description
This well located plot is a perfect spot for your new holiday home, investment property or even permanent residence. In an area which has seen consistent annual rises in tourism, meaning that the area is undergoing a transformation with new hotels, infrastructure and also receiving a lot of interest from overseas investors.
Here is your chance to jump on board with a market that has a great upward trajectory. Currently there are no plans or projects approved.
Ferragudo is one of the most beautiful silhouettes of village by the sea that can be found in all the Algarve.
To the wonderful beaches and exceptional natural conditions that can be found, the villas, the villages and other accommodation units are allied, making Ferragudo a region of recognized beauty, in a pleasant place and ideal for a quiet holiday.
This well located plot is a perfect spot for your new holiday home, investment property or even permanent residence. In an area which has seen consistent annual rises in tourism, meaning that the area is undergoing a transformation with new hotels, infrastructure and also receiving a lot of interest from overseas investors.
Here is your chance to jump on board with a market that has a great upward trajectory. Currently there are no plans or projects approved.
Ferragudo is one of the most beautiful silhouettes of village by the sea that can be found in all the Algarve.
To the wonderful beaches and exceptional natural conditions that can be found, the villas, the villages and other accommodation units are allied, making Ferragudo a region of recognized beauty, in a pleasant place and ideal for a quiet holiday.
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Property on Map
Currency Exchange
Lagoa, Faro, Portugal, 8400-257
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 €90,000 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 |
|---|---|---|---|
| €90,000 | £74,713 | £77,430 | £2,717 |
| Property Price € | €90,000 |
| Minimum cost in the last six months | £74,713 |
| Maximum cost in the last six months | £77,430 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,717 |
Lagoa, Faro, Portugal, 8400-257
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 €90,000 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 |
|---|---|---|---|
| €90,000 | £74,713 | £77,430 | £2,717 |
| Property Price € | €90,000 |
| Minimum cost in the last six months | £74,713 |
| Maximum cost in the last six months | £77,430 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,717 |
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 £2,717 more.
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