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Portugal - TAVIRA - FOR SALE - Ruin of 37 m² + 15 m² of elevation, i
Tavira, Faro, Portugal
REF: 753241
€128,000
Description
Portugal - TAVIRA - FOR SALE - Ruin of 37 m² + 15 m² of elevation, i.e. 52 m² of construction with approved project – center of Tavira. For sale, ruined house to restore located in the heart of the picturesque town of Tavira in the Algarve. There is an approved project including a large living room with equipped kitchen, bathroom and bedroom, in this single-storey house. From the inside, there is access to an additional room that can be used as an office for example and located on the upper floor completed by a terrace offering a spectacular view of the Tavira salt pans. Central location, close to the historic center, the former Bernardins convent (now transformed into a residence) and the famous municipal market. Unique opportunity to create a charming residence in an authentic setting or to quickly turn a profit. For any further information, do not hesitate to contact me. Tavira is a town on the Algarve coast stretching along the Gilão River. In the center of Tavira is the medieval castle which offers breathtaking views of the city. In the main chapel of the Church of Santa Maria is the tomb of the seven knights of the Order of Santiago killed by the Moors in an ambush, whom legend associates with the conquest of the city. You cannot avoid visiting the Tavira salt pans, it is an opportunity to discover unique, flat and gridded landscapes. You will also see different species of birds there, notably pink flamingos, which appreciate this environment. Developed trails allow you to explore these salt pans. #ref: 108004
Portugal - TAVIRA - FOR SALE - Ruin of 37 m² + 15 m² of elevation, i.e. 52 m² of construction with approved project – center of Tavira. For sale, ruined house to restore located in the heart of the picturesque town of Tavira in the Algarve. There is an approved project including a large living room with equipped kitchen, bathroom and bedroom, in this single-storey house. From the inside, there is access to an additional room that can be used as an office for example and located on the upper floor completed by a terrace offering a spectacular view of the Tavira salt pans. Central location, close to the historic center, the former Bernardins convent (now transformed into a residence) and the famous municipal market. Unique opportunity to create a charming residence in an authentic setting or to quickly turn a profit. For any further information, do not hesitate to contact me. Tavira is a town on the Algarve coast stretching along the Gilão River. In the center of Tavira is the medieval castle which offers breathtaking views of the city. In the main chapel of the Church of Santa Maria is the tomb of the seven knights of the Order of Santiago killed by the Moors in an ambush, whom legend associates with the conquest of the city. You cannot avoid visiting the Tavira salt pans, it is an opportunity to discover unique, flat and gridded landscapes. You will also see different species of birds there, notably pink flamingos, which appreciate this environment. Developed trails allow you to explore these salt pans. #ref: 108004
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Currency Exchange
Tavira, 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 €128,000 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 |
|---|---|---|---|
| €128,000 | £105,459 | £110,010 | £4,550 |
| Property Price € | €128,000 |
| Minimum cost in the last six months | £105,459 |
| Maximum cost in the last six months | £110,010 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,550 |
Tavira, 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 €128,000 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 |
|---|---|---|---|
| €128,000 | £105,459 | £110,010 | £4,550 |
| Property Price € | €128,000 |
| Minimum cost in the last six months | £105,459 |
| Maximum cost in the last six months | £110,010 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,550 |
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 £4,550 more.
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