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House for reconstruction
Vila da Praia da Vitória, Ilha Terceira, Portugal, 9760-051
REF: 837541
€95,000
Description
House for recovery in Biscoitos, with 125m2 and 1645m2 of land, with 2 bedrooms and a bathroom In the picturesque village of Biscoitos, there is a property with incredible potential waiting to be transformed. This charming ruin, with 2 bedrooms and 1 bathroom, offers a generous area of 125m and a spacious plot of 1645m with fruit trees and vineyards. Although in need of renovation, this property promises to be the ideal place to create the home of your dreams.
Enjoy stunning mountain views and proximity to the beach, making it the perfect getaway for nature lovers, this charming location offers not only a prime location but also a variety of amenities on the doorstep.
Explore the local restaurants, where you can taste the best of maritime cuisine just a few minutes away. With supermarkets, bakeries within walking distance. For nature lovers, the beauty of the natural pools of Biscoitos is a 15-minute walk away, providing moments of relaxation by the sea.
If you're looking for a tranquil spot surrounded by natural charm and modern amenities, this property is the perfect choice. Ensuring the quality and sustainability of this future home. Don't miss the opportunity to transform this ruin into a masterpiece, amidst a picturesque setting full of potential.
House for recovery in Biscoitos, with 125m2 and 1645m2 of land, with 2 bedrooms and a bathroom In the picturesque village of Biscoitos, there is a property with incredible potential waiting to be transformed. This charming ruin, with 2 bedrooms and 1 bathroom, offers a generous area of 125m and a spacious plot of 1645m with fruit trees and vineyards. Although in need of renovation, this property promises to be the ideal place to create the home of your dreams.
Enjoy stunning mountain views and proximity to the beach, making it the perfect getaway for nature lovers, this charming location offers not only a prime location but also a variety of amenities on the doorstep.
Explore the local restaurants, where you can taste the best of maritime cuisine just a few minutes away. With supermarkets, bakeries within walking distance. For nature lovers, the beauty of the natural pools of Biscoitos is a 15-minute walk away, providing moments of relaxation by the sea.
If you're looking for a tranquil spot surrounded by natural charm and modern amenities, this property is the perfect choice. Ensuring the quality and sustainability of this future home. Don't miss the opportunity to transform this ruin into a masterpiece, amidst a picturesque setting full of potential.
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Currency Exchange
Vila da Praia da Vitória, Ilha Terceira, Portugal, 9760-051
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 €95,000 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 |
|---|---|---|---|
| €95,000 | £78,271 | £81,648 | £3,377 |
| Property Price € | €95,000 |
| Minimum cost in the last six months | £78,271 |
| Maximum cost in the last six months | £81,648 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,377 |
Vila da Praia da Vitória, Ilha Terceira, Portugal, 9760-051
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 €95,000 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 |
|---|---|---|---|
| €95,000 | £78,271 | £81,648 | £3,377 |
| Property Price € | €95,000 |
| Minimum cost in the last six months | £78,271 |
| Maximum cost in the last six months | £81,648 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,377 |
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 £3,377 more.
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