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Urban land for construction in Benafim with 1200 m2 Maximum construction area - 600 m2 Project approved by Loulé’s council for 3 townhouses with 180 m2 of closed construction area each, plus terraces
Loulé, Faro, Portugal
REF: 810812
€180,000
Description
Urban land for construction in Benafim with 1200 m2 Maximum construction area - 600 m2 Project approved by Loulé’s council for 3 townhouses with 180 m2 of closed construction area each, plus terraces. Possibility of building swimming pools in the backyards of the houses. Plot with small slope, all clean and fenced, adjoining the municipal street to the west. Excellent solar exposure (East / West) Water, domestic sewage, rainwater, electricity and telecommunications are infrastructures available in the surroundings of the plot. Benafim is a village located in the interior Algarve, just 40 km from Faro international airport, 20 km north of Loulé and 25 km from the tourist complex of Vilamoura, served by a good road network. Pharmacy, supermarkets, restaurants and accommodation either hotels or local accommodation, in addition to a gas station are some of the facilities present. Excellent opportunity for investors or even for a small family investment. Don't miss this chance and contact me for more informations or to schedule a visit. If you want changes to the project, I will be happy to put you in contact with the Architect who developed it, who also assures the rapid execution of the specialties projects for a very quick start of the works. #ref: 114745
Urban land for construction in Benafim with 1200 m2 Maximum construction area - 600 m2 Project approved by Loulé’s council for 3 townhouses with 180 m2 of closed construction area each, plus terraces. Possibility of building swimming pools in the backyards of the houses. Plot with small slope, all clean and fenced, adjoining the municipal street to the west. Excellent solar exposure (East / West) Water, domestic sewage, rainwater, electricity and telecommunications are infrastructures available in the surroundings of the plot. Benafim is a village located in the interior Algarve, just 40 km from Faro international airport, 20 km north of Loulé and 25 km from the tourist complex of Vilamoura, served by a good road network. Pharmacy, supermarkets, restaurants and accommodation either hotels or local accommodation, in addition to a gas station are some of the facilities present. Excellent opportunity for investors or even for a small family investment. Don't miss this chance and contact me for more informations or to schedule a visit. If you want changes to the project, I will be happy to put you in contact with the Architect who developed it, who also assures the rapid execution of the specialties projects for a very quick start of the works. #ref: 114745
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Currency Exchange
Loulé, 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 €180,000 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 |
|---|---|---|---|
| €180,000 | £149,096 | £154,701 | £5,605 |
| Property Price € | €180,000 |
| Minimum cost in the last six months | £149,096 |
| Maximum cost in the last six months | £154,701 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,605 |
Loulé, 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 €180,000 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 |
|---|---|---|---|
| €180,000 | £149,096 | £154,701 | £5,605 |
| Property Price € | €180,000 |
| Minimum cost in the last six months | £149,096 |
| Maximum cost in the last six months | £154,701 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,605 |
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 £5,605 more.
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