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Rustic land with viability for housing construction in Nora - São Bartolomeu de Messines
Silves, Faro, Portugal, 8375-057
REF: 850943
€69,000
Description
Rustic land with 1,640 m2 and construction feasibility (PIP - FAVORABLE) of a house with 120 m2, located in Curral dos Mouchos, in the Nora area, Parish of São Bartolomeu de Messines. The construction of the building is permitted under the following conditions: (PIP - FAVORABLE/AUTHORIZED FEASIBILITY) - It must be located on the plot classified as urban space, located on the southern limit of the building with 120 m2. - It can be used for housing, as well as commerce and services. - It can be developed on 2 floors above the threshold level, plus a basement for car parking and technical areas. - You can present the implantation and construction areas, respectively 30 m2 and 60 m2, plus the basement area of 30 m2. - The areas referred to correspond to the minimum permitted areas. The building's alignment, configuration, as well as other aspects, will be better clarified through a prior study of the intended building. Project approval is required. You can have mains water and electricity very close to the land. Requires installation of a septic tank. This land is located in a quiet area, in the countryside and at the same time about 7/8 minutes by car from the village of São Bartolomeu de Messines and about 10 minutes from the city of Silves. Information: At KW Flash we have support in the financing process (if required). Our branch has a Credit Intermediary authorized by Banco de Portugal. If you need financing we can help. At KW Flash we share business with every real estate consultant or agency with an AMI license because together we can do more and better for our clients.
Rustic land with 1,640 m2 and construction feasibility (PIP - FAVORABLE) of a house with 120 m2, located in Curral dos Mouchos, in the Nora area, Parish of São Bartolomeu de Messines. The construction of the building is permitted under the following conditions: (PIP - FAVORABLE/AUTHORIZED FEASIBILITY) - It must be located on the plot classified as urban space, located on the southern limit of the building with 120 m2. - It can be used for housing, as well as commerce and services. - It can be developed on 2 floors above the threshold level, plus a basement for car parking and technical areas. - You can present the implantation and construction areas, respectively 30 m2 and 60 m2, plus the basement area of 30 m2. - The areas referred to correspond to the minimum permitted areas. The building's alignment, configuration, as well as other aspects, will be better clarified through a prior study of the intended building. Project approval is required. You can have mains water and electricity very close to the land. Requires installation of a septic tank. This land is located in a quiet area, in the countryside and at the same time about 7/8 minutes by car from the village of São Bartolomeu de Messines and about 10 minutes from the city of Silves. Information: At KW Flash we have support in the financing process (if required). Our branch has a Credit Intermediary authorized by Banco de Portugal. If you need financing we can help. At KW Flash we share business with every real estate consultant or agency with an AMI license because together we can do more and better for our clients.
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Currency Exchange
Silves, Faro, Portugal, 8375-057
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 €69,000 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 |
|---|---|---|---|
| €69,000 | £57,153 | £59,302 | £2,149 |
| Property Price € | €69,000 |
| Minimum cost in the last six months | £57,153 |
| Maximum cost in the last six months | £59,302 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,149 |
Silves, Faro, Portugal, 8375-057
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 €69,000 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 |
|---|---|---|---|
| €69,000 | £57,153 | £59,302 | £2,149 |
| Property Price € | €69,000 |
| Minimum cost in the last six months | £57,153 |
| Maximum cost in the last six months | £59,302 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,149 |
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 £2,149 more.
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