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2 Rustic plots of land with an area of 15050m2 - Canals de Albufeira
Albufeira, Faro, Portugal
REF: 817630
€149,000
Description
By purchasing these 2 plots of land, you will be in possession of a charming property!With a total area of 1.5 hectares (6440m2 + 8610m2), made up of two flat plots of land sold together, it provides a good amount of space for various purposes. The smaller plot, measuring 6440m2, is particularly interesting as it is already equipped with amenities such as a borehole, public electricity and a lockable gate at the entrance. Furthermore, the presence of a small house (approximately 30m2) for agricultural storage adds value to the property. The location of Canais close to the center of Ferreiras, in Albufeira, offers convenient access to urban services and amenities, while the tranquility of the area and the presence of several typical trees present a serene and natural environment. With paved roads nearby, accessibility is excellent, which makes getting around to other nearby areas and cities easier. Overall, this property is a great opportunity for anyone looking for a peaceful and well-equipped location to develop agricultural, recreational or other specific projects.
By purchasing these 2 plots of land, you will be in possession of a charming property!With a total area of 1.5 hectares (6440m2 + 8610m2), made up of two flat plots of land sold together, it provides a good amount of space for various purposes. The smaller plot, measuring 6440m2, is particularly interesting as it is already equipped with amenities such as a borehole, public electricity and a lockable gate at the entrance. Furthermore, the presence of a small house (approximately 30m2) for agricultural storage adds value to the property. The location of Canais close to the center of Ferreiras, in Albufeira, offers convenient access to urban services and amenities, while the tranquility of the area and the presence of several typical trees present a serene and natural environment. With paved roads nearby, accessibility is excellent, which makes getting around to other nearby areas and cities easier. Overall, this property is a great opportunity for anyone looking for a peaceful and well-equipped location to develop agricultural, recreational or other specific projects.
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Currency Exchange
Albufeira, 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 €149,000 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 |
|---|---|---|---|
| €149,000 | £123,418 | £128,058 | £4,640 |
| Property Price € | €149,000 |
| Minimum cost in the last six months | £123,418 |
| Maximum cost in the last six months | £128,058 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,640 |
Albufeira, 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 €149,000 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 |
|---|---|---|---|
| €149,000 | £123,418 | £128,058 | £4,640 |
| Property Price € | €149,000 |
| Minimum cost in the last six months | £123,418 |
| Maximum cost in the last six months | £128,058 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,640 |
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 £4,640 more.
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