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Ruin with land| Water and electricity| Sea view| Santa Catarina Fonte Bispo
Tavira, Faro, Portugal, 8800-161
REF: 842086
€139,500
Description
A hidden treasure waiting to be rescued! With a total construction area of 171m2, set in a plot of 470m2, we find this ruin currently comprising 4 rooms. This ruin with land offers a world of possibilities. Imagine transforming this space into an oasis of tranquillity by building your dream home. With vision and dedication, this ruin could become the focal point of a new success story. Despite the decay and abandonment, there is an undeniable beauty to this ruin overlooking the sea. Come and explore and discover the potential that awaits this opportunity. This ruin is located in Sitio do Desbarato, 6 minutes from the centre of São Brás de Alportel and 7 minutes from the A22 motorway.
A hidden treasure waiting to be rescued! With a total construction area of 171m2, set in a plot of 470m2, we find this ruin currently comprising 4 rooms. This ruin with land offers a world of possibilities. Imagine transforming this space into an oasis of tranquillity by building your dream home. With vision and dedication, this ruin could become the focal point of a new success story. Despite the decay and abandonment, there is an undeniable beauty to this ruin overlooking the sea. Come and explore and discover the potential that awaits this opportunity. This ruin is located in Sitio do Desbarato, 6 minutes from the centre of São Brás de Alportel and 7 minutes from the A22 motorway.
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Currency Exchange
Tavira, Faro, Portugal, 8800-161
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 €139,500 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 |
|---|---|---|---|
| €139,500 | £115,549 | £119,893 | £4,344 |
| Property Price € | €139,500 |
| Minimum cost in the last six months | £115,549 |
| Maximum cost in the last six months | £119,893 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,344 |
Tavira, Faro, Portugal, 8800-161
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 €139,500 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 |
|---|---|---|---|
| €139,500 | £115,549 | £119,893 | £4,344 |
| Property Price € | €139,500 |
| Minimum cost in the last six months | £115,549 |
| Maximum cost in the last six months | £119,893 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,344 |
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 £4,344 more.
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