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TUNES - LAND WITH RUIN AND PROJECT
Silves, Algarve, Portugal
REF: 800120
€295,000
Description
Land with 8320 meters and ruin with carob, almond and olive trees.
Located on a high point with views of the sea on the horizon and over the surrounding cultivated fields. This land, located ten minutes by car from Albufeira and the beaches with an approved project for construction for a single storey house, type V4, comprising: 4 suites; 1 service bathroom; kitchen type (open space); laundry; living room with garage and swimming pool.
This land, with a total area of 8320 square meters, features a ruin surrounded by carob, almond and olive trees.
Strategically located on an elevated point, it offers stunning views of the sea skyline and surrounding crop fields.
Situated just a ten-minute drive from Albufeira and its beautiful beaches, this plot has an approved project for the construction of a single storey house of the V4 type.
The villa will consist of four suites, a guest bathroom, an open-concept kitchen, a laundry room, a living room with garage and a swimming pool.
Land with 8320 meters and ruin with carob, almond and olive trees.
Located on a high point with views of the sea on the horizon and over the surrounding cultivated fields. This land, located ten minutes by car from Albufeira and the beaches with an approved project for construction for a single storey house, type V4, comprising: 4 suites; 1 service bathroom; kitchen type (open space); laundry; living room with garage and swimming pool.
This land, with a total area of 8320 square meters, features a ruin surrounded by carob, almond and olive trees.
Strategically located on an elevated point, it offers stunning views of the sea skyline and surrounding crop fields.
Situated just a ten-minute drive from Albufeira and its beautiful beaches, this plot has an approved project for the construction of a single storey house of the V4 type.
The villa will consist of four suites, a guest bathroom, an open-concept kitchen, a laundry room, a living room with garage and a swimming pool.
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Property on Map
Currency Exchange
Silves, Algarve, 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 €295,000 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 |
|---|---|---|---|
| €295,000 | £245,405 | £253,883 | £8,478 |
| Property Price € | €295,000 |
| Minimum cost in the last six months | £245,405 |
| Maximum cost in the last six months | £253,883 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,478 |
Silves, Algarve, 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 €295,000 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 |
|---|---|---|---|
| €295,000 | £245,405 | £253,883 | £8,478 |
| Property Price € | €295,000 |
| Minimum cost in the last six months | £245,405 |
| Maximum cost in the last six months | £253,883 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £8,478 |
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 £8,478 more.
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