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Land For Sale in Monte Canelas
Portimão, Faro, Portugal, 8500-157
REF: 752030
€138,000
Description
Situated within the Western Algarve close to Portimão centre, this plot of land for sale offers a great investment opportunity for those looking to relocate to the Algarve. Comprised of 960m2, new owners will be able to design and build a home to their specific requirements. Located just ten to fifteen minutes way from Portimão, Alvor and many blue flag beaches.
A generous sized plot of land for sale in Portimão, situated within an area renowned for some of the most luxurious villas in the West Algarve. All local amenities found within Portimão centre are just a short ten to fifteen minute drive away, along with Alvor and the famous Praia dos Três Irmãos. It can also be found in a neighbourhood which is close to the well known Penina Golf Course.
Offering panoramic mountain views, this location within a quiet countryside is perfect for those looking to purchase a plot of land. Providing a great opportunity to design your home for you and your family.
Portimão and Alvor is located in Western Algarve, Alvor is a seaside resort and fishing village which is lined with bars and seafood restaurants. It offers the most idyllic view as you can sit and watch the fishing boats come and go.
Portimão it s known for its old quarter, busy marina and proximity to many beaches. Museum de Portimão is housed in a restored 19th-century cannery, with displays on local history. The Gothic-style Nossa Senhora da Conceição church has azulejo tiles.
Situated within the Western Algarve close to Portimão centre, this plot of land for sale offers a great investment opportunity for those looking to relocate to the Algarve. Comprised of 960m2, new owners will be able to design and build a home to their specific requirements. Located just ten to fifteen minutes way from Portimão, Alvor and many blue flag beaches.
A generous sized plot of land for sale in Portimão, situated within an area renowned for some of the most luxurious villas in the West Algarve. All local amenities found within Portimão centre are just a short ten to fifteen minute drive away, along with Alvor and the famous Praia dos Três Irmãos. It can also be found in a neighbourhood which is close to the well known Penina Golf Course.
Offering panoramic mountain views, this location within a quiet countryside is perfect for those looking to purchase a plot of land. Providing a great opportunity to design your home for you and your family.
Portimão and Alvor is located in Western Algarve, Alvor is a seaside resort and fishing village which is lined with bars and seafood restaurants. It offers the most idyllic view as you can sit and watch the fishing boats come and go.
Portimão it s known for its old quarter, busy marina and proximity to many beaches. Museum de Portimão is housed in a restored 19th-century cannery, with displays on local history. The Gothic-style Nossa Senhora da Conceição church has azulejo tiles.
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Currency Exchange
Portimão, Faro, Portugal, 8500-157
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 €138,000 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 |
|---|---|---|---|
| €138,000 | £114,307 | £118,604 | £4,297 |
| Property Price € | €138,000 |
| Minimum cost in the last six months | £114,307 |
| Maximum cost in the last six months | £118,604 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,297 |
Portimão, Faro, Portugal, 8500-157
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 €138,000 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 |
|---|---|---|---|
| €138,000 | £114,307 | £118,604 | £4,297 |
| Property Price € | €138,000 |
| Minimum cost in the last six months | £114,307 |
| Maximum cost in the last six months | £118,604 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,297 |
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 £4,297 more.
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