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Agricultural Land with Construction Possibility - Alcantarilha
Silves, Faro, Portugal, 8365-303
REF: 797789
€270,000
Description
"Agricultural land with a total area of 7400m2, located in "Sítio da Casas" in Alcantarilha Gare, partially classified in the Rural Cluster category in the current Silves Municipal Master plan with an approximate area of 1020m2. It has a Simple Information Request (03/2022) with the feasibility of building on 2 floors, in the Rural Cluster, with maximum areas of approximately 204m2 of implantation and 408m2 of construction. The construction of 3 functional units capable of autonomous use, with independent access, will be permitted. The land is totally walled in stone, entirely flat and with a slight slope, benefiting from a magnificent countryside view of the "Morgado da Lameira" valley and the "Amendoeira Golf Resort". Infrastructures: Access by tarmac road; Electricity; Mains water. Distances: 6 km from Alcantarilha (EN125 and A22); 8 Km from Silves; 11 Km from the beaches; 54 km from Faro Airport. For more information, please contact us now."
"Agricultural land with a total area of 7400m2, located in "Sítio da Casas" in Alcantarilha Gare, partially classified in the Rural Cluster category in the current Silves Municipal Master plan with an approximate area of 1020m2. It has a Simple Information Request (03/2022) with the feasibility of building on 2 floors, in the Rural Cluster, with maximum areas of approximately 204m2 of implantation and 408m2 of construction. The construction of 3 functional units capable of autonomous use, with independent access, will be permitted. The land is totally walled in stone, entirely flat and with a slight slope, benefiting from a magnificent countryside view of the "Morgado da Lameira" valley and the "Amendoeira Golf Resort". Infrastructures: Access by tarmac road; Electricity; Mains water. Distances: 6 km from Alcantarilha (EN125 and A22); 8 Km from Silves; 11 Km from the beaches; 54 km from Faro Airport. For more information, please contact us now."
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Currency Exchange
Silves, Faro, Portugal, 8365-303
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 €270,000 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 |
|---|---|---|---|
| €270,000 | £224,608 | £232,367 | £7,760 |
| Property Price € | €270,000 |
| Minimum cost in the last six months | £224,608 |
| Maximum cost in the last six months | £232,367 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,760 |
Silves, Faro, Portugal, 8365-303
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 €270,000 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 |
|---|---|---|---|
| €270,000 | £224,608 | £232,367 | £7,760 |
| Property Price € | €270,000 |
| Minimum cost in the last six months | £224,608 |
| Maximum cost in the last six months | £232,367 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,760 |
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 £7,760 more.
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