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For Sale | Urban Plot | 450m2 Building Area | 1480 m2 | Estoi This plot of land offers a stunning sea view and is perfect for construction
Conceicao e Estoi, Faro, Portugal
REF: 836989
€210,000
Description
For Sale | Urban Plot | 450m2 Building Area | 1480 m2 | Estoi This plot of land offers a stunning sea view and is perfect for construction. It allows for the building of a 450m2 villa, including a basement and a swimming pool, or the possibility of constructing two separate houses, each with a ground floor and first floor of 225m2. Access is convenient, providing easy connection to various beaches and Faro Airport, approximately 20 minutes away. This is a unique opportunity to create your dream home or invest in a prime location. Location: Located between Estoi and Cerro de S. Miguel, with a predominantly southern exposure allowing for a wide view over the countryside. Close to the Ria Formosa Natural Park, beaches, and islands. In its proximity, you can find a wide range of commercial services, such as grocery stores, supermarkets, commercial areas, pharmacies, banks, clinics, gyms, beaches, etc. Surrounding Area: Close proximity to the EN 125 and A22 (Via do Infante), approximately 11 km from Faro. Also, just a few kilometers away from various golf courses, leisure areas, and cultural sites. Energy Rating: Exempt #ref:TE1924AF_LX
For Sale | Urban Plot | 450m2 Building Area | 1480 m2 | Estoi This plot of land offers a stunning sea view and is perfect for construction. It allows for the building of a 450m2 villa, including a basement and a swimming pool, or the possibility of constructing two separate houses, each with a ground floor and first floor of 225m2. Access is convenient, providing easy connection to various beaches and Faro Airport, approximately 20 minutes away. This is a unique opportunity to create your dream home or invest in a prime location. Location: Located between Estoi and Cerro de S. Miguel, with a predominantly southern exposure allowing for a wide view over the countryside. Close to the Ria Formosa Natural Park, beaches, and islands. In its proximity, you can find a wide range of commercial services, such as grocery stores, supermarkets, commercial areas, pharmacies, banks, clinics, gyms, beaches, etc. Surrounding Area: Close proximity to the EN 125 and A22 (Via do Infante), approximately 11 km from Faro. Also, just a few kilometers away from various golf courses, leisure areas, and cultural sites. Energy Rating: Exempt #ref:TE1924AF_LX
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Currency Exchange
Conceicao e Estoi, 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 €210,000 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 |
|---|---|---|---|
| €210,000 | £174,695 | £180,730 | £6,035 |
| Property Price € | €210,000 |
| Minimum cost in the last six months | £174,695 |
| Maximum cost in the last six months | £180,730 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,035 |
Conceicao e Estoi, 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 €210,000 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 |
|---|---|---|---|
| €210,000 | £174,695 | £180,730 | £6,035 |
| Property Price € | €210,000 |
| Minimum cost in the last six months | £174,695 |
| Maximum cost in the last six months | £180,730 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,035 |
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 £6,035 more.
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