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Farm with 65,000 m2 , ruin to recover and Dam in Sra
Portimão, Faro, Portugal, 8500-132
REF: 842058
€350,000
Description
Rustic Land with 65,000 m2, composed of Ruin and patio with an area of 70.65 m2. Ruin is located at the highest part of the terrain, which makes it possible to see the Monchique mountain range to the north and sea to the south.The land has a Dam of generous dimensions, also has several arable cultures, such as fig tree, eucalyptus and Pinewood.Quiet place, located in Senhora do Verde, Mexilhoeira Grande, municipality of Portimão, where you can rebuild your dream home, the 12 km from Portimão10 km from The Beaches of Alvor18 Km from Lagos20 km from the Serra de MonchiqueGood access to the property on a tarmac road.Schedule your visit now!To Real Estate Consultants:At KW we share business with any consultant or real estate agency, because together we can do more for our customers. If you're a professional in the industry and you have a qualified buyer customer, contact me!
Rustic Land with 65,000 m2, composed of Ruin and patio with an area of 70.65 m2. Ruin is located at the highest part of the terrain, which makes it possible to see the Monchique mountain range to the north and sea to the south.The land has a Dam of generous dimensions, also has several arable cultures, such as fig tree, eucalyptus and Pinewood.Quiet place, located in Senhora do Verde, Mexilhoeira Grande, municipality of Portimão, where you can rebuild your dream home, the 12 km from Portimão10 km from The Beaches of Alvor18 Km from Lagos20 km from the Serra de MonchiqueGood access to the property on a tarmac road.Schedule your visit now!To Real Estate Consultants:At KW we share business with any consultant or real estate agency, because together we can do more for our customers. If you're a professional in the industry and you have a qualified buyer customer, contact me!
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Currency Exchange
Portimão, Faro, Portugal, 8500-132
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 €350,000 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 |
|---|---|---|---|
| €350,000 | £289,909 | £300,808 | £10,899 |
| Property Price € | €350,000 |
| Minimum cost in the last six months | £289,909 |
| Maximum cost in the last six months | £300,808 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,899 |
Portimão, Faro, Portugal, 8500-132
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 €350,000 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 |
|---|---|---|---|
| €350,000 | £289,909 | £300,808 | £10,899 |
| Property Price € | €350,000 |
| Minimum cost in the last six months | £289,909 |
| Maximum cost in the last six months | £300,808 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,899 |
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 £10,899 more.
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