House to restore with land located in S

Loulé, Faro, Portugal

For Sale

€185,000

REF: 831115 €185,000


2

1

75 m2

1137 m2

Description

House to restore with land located in S. Clemente, Loulé - Semi-detached ruin on a plot of 1,137 m2 - Current construction area of 75 m2, with the possibility of extension - Project underway for ground floor and 1st floor villa with 3 bedrooms, 2 bathrooms and swimming pool - Project included in price - Good sun exposure and access via tarmac road - Quiet area with views of nature - Ideal for those looking for peace and quiet and close to the city Possibility of rehabilitating the existing villa and extending it by up to 450m2. Quiet location with easy access to shops and services. Don't hesitate to contact me. #ref: 118947
House to restore with land located in S. Clemente, Loulé - Semi-detached ruin on a plot of 1,137 m2 - Current construction area of 75 m2, with the possibility of extension - Project underway for ground floor and 1st floor villa with 3 bedrooms, 2 bathrooms and swimming pool - Project included in price - Good sun exposure and access via tarmac road - Quiet area with views of nature - Ideal for those looking for peace and quiet and close to the city Possibility of rehabilitating the existing villa and extending it by up to 450m2. Quiet location with easy access to shops and services. Don't hesitate to contact me. #ref: 118947
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Property on Map

#118947

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 €185,000 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
€185,000 £152,422 £158,998 £6,577
Property Price € €185,000
Minimum cost in the last six months £152,422
Maximum cost in the last six months £158,998
Fluctuating exchange rates over the last six months could have increased the cost of this property by £6,577

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 €185,000 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
€185,000 £152,422 £158,998 £6,577
Property Price € €185,000
Minimum cost in the last six months £152,422
Maximum cost in the last six months £158,998
Fluctuating exchange rates over the last six months could have increased the cost of this property by £6,577

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 £6,577 more.

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