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Land with construction feasibility in Raposeira
Vila do Bispo, Faro, Portugal, 8650-295
REF: 842013
€145,000
Description
This generous 1240m2 plot of land, located in the charming Raposeira, offers a unique investment opportunity. Despite its rustic character, this land has had several approved projects, with a construction feasibility of up to 350m2. Here, you have the chance to realize the project of your future house, built to tailor to your tastes and needs.(Presentation of previously approved projects in the final images.)Situated approximately 5km from over 30 stunning beaches in the municipality of Vila do Bispo and surrounded by a community of around 5800 inhabitants, this plot marks the southwesternmost point not only of Portugal but of the whole of Europe. Thanks to its unique geographical position, this municipality is the only one in the country that stretches along two distinct coasts: the southern coast and the western coast.Don't let this opportunity to build your dream home slip away, from inception to fruition.Contact me today and uncover your next big project!THINKING ABOUT YOUR FUTURE!Additional InformationKW Flash has at your disposal a Credit Intermediary authorized by the Bank of Portugal. If you need financing, we can help!At KW Flash, we share 50/50 deals with all real estate consultants or agencies with an AMI license. We believe that together we can do more for our clients! If you are a professional in the industry and have a qualified client, contact me and schedule a visit!
This generous 1240m2 plot of land, located in the charming Raposeira, offers a unique investment opportunity. Despite its rustic character, this land has had several approved projects, with a construction feasibility of up to 350m2. Here, you have the chance to realize the project of your future house, built to tailor to your tastes and needs.(Presentation of previously approved projects in the final images.)Situated approximately 5km from over 30 stunning beaches in the municipality of Vila do Bispo and surrounded by a community of around 5800 inhabitants, this plot marks the southwesternmost point not only of Portugal but of the whole of Europe. Thanks to its unique geographical position, this municipality is the only one in the country that stretches along two distinct coasts: the southern coast and the western coast.Don't let this opportunity to build your dream home slip away, from inception to fruition.Contact me today and uncover your next big project!THINKING ABOUT YOUR FUTURE!Additional InformationKW Flash has at your disposal a Credit Intermediary authorized by the Bank of Portugal. If you need financing, we can help!At KW Flash, we share 50/50 deals with all real estate consultants or agencies with an AMI license. We believe that together we can do more for our clients! If you are a professional in the industry and have a qualified client, contact me and schedule a visit!
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Currency Exchange
Vila do Bispo, Faro, Portugal, 8650-295
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 €145,000 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 |
|---|---|---|---|
| €145,000 | £120,105 | £124,620 | £4,515 |
| Property Price € | €145,000 |
| Minimum cost in the last six months | £120,105 |
| Maximum cost in the last six months | £124,620 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,515 |
Vila do Bispo, Faro, Portugal, 8650-295
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 €145,000 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 |
|---|---|---|---|
| €145,000 | £120,105 | £124,620 | £4,515 |
| Property Price € | €145,000 |
| Minimum cost in the last six months | £120,105 |
| Maximum cost in the last six months | £124,620 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,515 |
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 £4,515 more.
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