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Farmhouse and Large Plot of Land
Loulé, Faro, Portugal, 8100-183
REF: 811096
€299,000
Description
The old house, that is not in livable conditions, is an example of architectural heritage which maintains the ancient features, it is a unique opportunity to restore this property respecting the local history and culture. The land presents itself has a wonderful space for the development of agricultural activities, allowing the practice of sustainable agriculture or even the implementation of agritourism projects and also offers vast potential for animal breed and even equestrian activities. This type of property not only values the cultural heritage, but also promotes biodiversity and can contribute to the local economy.
This property offers a unique opportunity to immerse yourself in the Algarvian mountains quietness, with stunning views of the countryside and the privacy of this marvelous isolated location.
The water provides by private lakes, adds a special charm to this property, offering irrigation possibilities for crops. The existing outbuildings, which once were haystacks and animal shelters, have the potential to preserve the rustic character and can be adapt for new uses.
For those who dream of a life in harmony with nature, and even with the possibility of developing a rural or tourist business, a visit can confirm whether this is the perfect refuge for a serene and productive life in the countryside.
The old house, that is not in livable conditions, is an example of architectural heritage which maintains the ancient features, it is a unique opportunity to restore this property respecting the local history and culture. The land presents itself has a wonderful space for the development of agricultural activities, allowing the practice of sustainable agriculture or even the implementation of agritourism projects and also offers vast potential for animal breed and even equestrian activities. This type of property not only values the cultural heritage, but also promotes biodiversity and can contribute to the local economy.
This property offers a unique opportunity to immerse yourself in the Algarvian mountains quietness, with stunning views of the countryside and the privacy of this marvelous isolated location.
The water provides by private lakes, adds a special charm to this property, offering irrigation possibilities for crops. The existing outbuildings, which once were haystacks and animal shelters, have the potential to preserve the rustic character and can be adapt for new uses.
For those who dream of a life in harmony with nature, and even with the possibility of developing a rural or tourist business, a visit can confirm whether this is the perfect refuge for a serene and productive life in the countryside.
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Currency Exchange
Loulé, Faro, Portugal, 8100-183
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 €299,000 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 |
|---|---|---|---|
| €299,000 | £247,665 | £256,976 | £9,311 |
| Property Price € | €299,000 |
| Minimum cost in the last six months | £247,665 |
| Maximum cost in the last six months | £256,976 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,311 |
Loulé, Faro, Portugal, 8100-183
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 €299,000 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 |
|---|---|---|---|
| €299,000 | £247,665 | £256,976 | £9,311 |
| Property Price € | €299,000 |
| Minimum cost in the last six months | £247,665 |
| Maximum cost in the last six months | £256,976 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,311 |
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 £9,311 more.
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