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PORTUGAL - ALGARVE- PERA - URBANISATION CERCA Magnificent plot situated in a residential area in the parish of Alcantarilha and Pêra, offering proximity to a variety of conveniences such as restaurants, supermarkets and shops
Silves, Faro, Portugal
REF: 793450
€210,000
Description
PORTUGAL - ALGARVE- PERA - URBANISATION CERCA Magnificent plot situated in a residential area in the parish of Alcantarilha and Pêra, offering proximity to a variety of conveniences such as restaurants, supermarkets and shops. It is a short drive from the town and the stunning beach of Armação de Pêra. The plot makes it possible to build a 2-storey villa with 3 bedrooms, a private pool and stunning terraces. Plot no. 3 with 521 m2, for the construction of a 2-storey villa (implantation 180m2, construction area 250m2, basement area 180m2, total construction area 430m2). In addition to this plot, other plots with different areas are also available within the same development, with prices ranging from €210,000 to €220,000. This is a unique opportunity to build your dream home in a privileged location, full of amenities and natural beauty. #ref: 113022
PORTUGAL - ALGARVE- PERA - URBANISATION CERCA Magnificent plot situated in a residential area in the parish of Alcantarilha and Pêra, offering proximity to a variety of conveniences such as restaurants, supermarkets and shops. It is a short drive from the town and the stunning beach of Armação de Pêra. The plot makes it possible to build a 2-storey villa with 3 bedrooms, a private pool and stunning terraces. Plot no. 3 with 521 m2, for the construction of a 2-storey villa (implantation 180m2, construction area 250m2, basement area 180m2, total construction area 430m2). In addition to this plot, other plots with different areas are also available within the same development, with prices ranging from €210,000 to €220,000. This is a unique opportunity to build your dream home in a privileged location, full of amenities and natural beauty. #ref: 113022
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Currency Exchange
Silves, 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 €210,000 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 |
|---|---|---|---|
| €210,000 | £173,945 | £180,485 | £6,539 |
| Property Price € | €210,000 |
| Minimum cost in the last six months | £173,945 |
| Maximum cost in the last six months | £180,485 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,539 |
Silves, 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 €210,000 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 |
|---|---|---|---|
| €210,000 | £173,945 | £180,485 | £6,539 |
| Property Price € | €210,000 |
| Minimum cost in the last six months | £173,945 |
| Maximum cost in the last six months | £180,485 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,539 |
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 £6,539 more.
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