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Property with 3
Monchique, Faro, Portugal, 8550-146
REF: 805384
€95,000
Description
Property with 3.360sq.m. of flat land and a generous 192sq.m. building area.It is located just 2.5 kilometres from Marmelete.The property has a private water spring.Access is about 2.5km along a dirt track, but it is accessible by any vehicle.The sun exposure in the valley is good, allowing for sustainable living in total harmony with nature.Marmelete has a wide range of services and is just a short distance from Aljezur and the magnificent Costa Vicentina.If you're looking to live in the countryside, have a good-sized house and be a short distance from Aljezur, prioritising a life in the beautiful Serra de Monchique, this is undoubtedly the place you're looking for.
Property with 3.360sq.m. of flat land and a generous 192sq.m. building area.It is located just 2.5 kilometres from Marmelete.The property has a private water spring.Access is about 2.5km along a dirt track, but it is accessible by any vehicle.The sun exposure in the valley is good, allowing for sustainable living in total harmony with nature.Marmelete has a wide range of services and is just a short distance from Aljezur and the magnificent Costa Vicentina.If you're looking to live in the countryside, have a good-sized house and be a short distance from Aljezur, prioritising a life in the beautiful Serra de Monchique, this is undoubtedly the place you're looking for.
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Currency Exchange
Monchique, Faro, Portugal, 8550-146
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 €95,000 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 |
|---|---|---|---|
| €95,000 | £78,689 | £81,648 | £2,958 |
| Property Price € | €95,000 |
| Minimum cost in the last six months | £78,689 |
| Maximum cost in the last six months | £81,648 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,958 |
Monchique, Faro, Portugal, 8550-146
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 €95,000 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 |
|---|---|---|---|
| €95,000 | £78,689 | £81,648 | £2,958 |
| Property Price € | €95,000 |
| Minimum cost in the last six months | £78,689 |
| Maximum cost in the last six months | £81,648 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,958 |
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 £2,958 more.
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