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Building plot in Vale Formoso, Almancil, Loulé
Loulé, Faro, Portugal
REF: 760260
€250,000
Description
Building plot in Vale Formoso, Almancil, Loulé. - Plot with unobstructed views; - Total area of 4700sqm; - Includes a ruin of 80sqm that can be increased to 300sqm of implantation area; - Possibility of building a swimming pool and basement; This plot offers a unique opportunity to build the house of your dreams, with a fantastic outdoor space and all the amenities you desire. With stunning views and the possibility of extending the existing footprint, this plot is perfect for those looking to build a spacious and personalised home. Located in Vale Formoso, Almancil, one of the most prestigious areas in the Algarve, this plot benefits from a privileged location, close to stunning beaches, renowned golf courses, gourmet restaurants and all the amenities needed for comfortable living. Don't miss out on this opportunity and book your visit now! #ref: 109541
Building plot in Vale Formoso, Almancil, Loulé. - Plot with unobstructed views; - Total area of 4700sqm; - Includes a ruin of 80sqm that can be increased to 300sqm of implantation area; - Possibility of building a swimming pool and basement; This plot offers a unique opportunity to build the house of your dreams, with a fantastic outdoor space and all the amenities you desire. With stunning views and the possibility of extending the existing footprint, this plot is perfect for those looking to build a spacious and personalised home. Located in Vale Formoso, Almancil, one of the most prestigious areas in the Algarve, this plot benefits from a privileged location, close to stunning beaches, renowned golf courses, gourmet restaurants and all the amenities needed for comfortable living. Don't miss out on this opportunity and book your visit now! #ref: 109541
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Currency Exchange
Loulé, 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 €250,000 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 |
|---|---|---|---|
| €250,000 | £207,970 | £215,155 | £7,185 |
| Property Price € | €250,000 |
| Minimum cost in the last six months | £207,970 |
| Maximum cost in the last six months | £215,155 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,185 |
Loulé, 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 €250,000 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 |
|---|---|---|---|
| €250,000 | £207,970 | £215,155 | £7,185 |
| Property Price € | €250,000 |
| Minimum cost in the last six months | £207,970 |
| Maximum cost in the last six months | £215,155 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,185 |
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 £7,185 more.
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