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Plot Olhos d'Agua
Albufeira, Faro, Portugal, 8200-389
REF: 792917
€1,768,000
Description
a beautiful and diverse place. With its widely recognized and award-winning marina, an abundance of enchanting golf courses, beautiful beaches and an array of bars and restaurants, Vilamoura has invented the extraordinary life under the sun. Not only does this make Vilamoura a very popular holiday destination, the marina is also home to an interesting melting pot of expats from all over the world. If you like luxury and cosiness, Vilamoura is definitely worth it. This agricultural plot of land lies directly behind the cliffs of FALESIA beach.
One of the most beautiful beaches in Europe.
It lays between Albufeira and Vilamoura. Seeing as both areas are expanding, this plot of land is waiting to possibly get urban status which makes it an investment worthwhile. In the meantime options such as, camping grounds for motor homes or caravans could bring in return on investment while you wait. Have a look and enjoy this beautiful sight.
With it being rural land, one cannot build settled structures on the land until it is deemed as urban. Therefore other removable objects such as sea containers for example might be a perfect solution to start a business on this vast and beautiful piece of land.
Contact us for more information and invest in the future with us!
a beautiful and diverse place. With its widely recognized and award-winning marina, an abundance of enchanting golf courses, beautiful beaches and an array of bars and restaurants, Vilamoura has invented the extraordinary life under the sun. Not only does this make Vilamoura a very popular holiday destination, the marina is also home to an interesting melting pot of expats from all over the world. If you like luxury and cosiness, Vilamoura is definitely worth it. This agricultural plot of land lies directly behind the cliffs of FALESIA beach.
One of the most beautiful beaches in Europe.
It lays between Albufeira and Vilamoura. Seeing as both areas are expanding, this plot of land is waiting to possibly get urban status which makes it an investment worthwhile. In the meantime options such as, camping grounds for motor homes or caravans could bring in return on investment while you wait. Have a look and enjoy this beautiful sight.
With it being rural land, one cannot build settled structures on the land until it is deemed as urban. Therefore other removable objects such as sea containers for example might be a perfect solution to start a business on this vast and beautiful piece of land.
Contact us for more information and invest in the future with us!
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Property on Map
Currency Exchange
Albufeira, Faro, Portugal, 8200-389
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 €1,768,000 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 |
|---|---|---|---|
| €1,768,000 | £1,470,764 | £1,521,576 | £50,812 |
| Property Price € | €1,768,000 |
| Minimum cost in the last six months | £1,470,764 |
| Maximum cost in the last six months | £1,521,576 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £50,812 |
Albufeira, Faro, Portugal, 8200-389
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 €1,768,000 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 |
|---|---|---|---|
| €1,768,000 | £1,470,764 | £1,521,576 | £50,812 |
| Property Price € | €1,768,000 |
| Minimum cost in the last six months | £1,470,764 |
| Maximum cost in the last six months | £1,521,576 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £50,812 |
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 £50,812 more.
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