Plot of land with a ruin in Goldra near Loulé, Algarve

Loulé, Faro, Portugal, 8100 221

For Sale

€120,000

REF: 852857 €120,000


Description

Just a few minutes away from the city of Loulé, a plot of land with a ruin of 65m2 with potential to expand up to 235m2. Just a few minutes from the city of Loulé, this ruined land is located in a very quiet area. With 65 sq.m. of existing construction it presents an opportunity to create your dream home in an idyllic setting. Wrapped in tranquility, this property offers the perfect escape from the frenzy of everyday life whilst maintaining convenient access to the amenities and attractions of Loulé and the Golden Triangle.

Just a few minutes' drive takes you to the heart of the city, ensuring privacy and convenience. Plot of land measuring 540 sq.m. with the potential to expand the construction up to 235 sq.m. with a traditional charm, surrounded by the landscapes and peaceful atmosphere of the Algarve region. Don't miss the opportunity to embark on a journey of transformation and create a legacy in this charming corner of the Algarve. Contact us today to unlock the potential of this remarkable ruin and make your vision a reality. AlgarveProperty.com - AMI: 2196 - T.: 00351 289310310
Just a few minutes away from the city of Loulé, a plot of land with a ruin of 65m2 with potential to expand up to 235m2. Just a few minutes from the city of Loulé, this ruined land is located in a very quiet area. With 65 sq.m. of existing construction it presents an opportunity to create your dream home in an idyllic setting. Wrapped in tranquility, this property offers the perfect escape from the frenzy of everyday life whilst maintaining convenient access to the amenities and attractions of Loulé and the Golden Triangle.

Just a few minutes' drive takes you to the heart of the city, ensuring privacy and convenience. Plot of land measuring 540 sq.m. with the potential to expand the construction up to 235 sq.m. with a traditional charm, surrounded by the landscapes and peaceful atmosphere of the Algarve region. Don't miss the opportunity to embark on a journey of transformation and create a legacy in this charming corner of the Algarve. Contact us today to unlock the potential of this remarkable ruin and make your vision a reality. AlgarveProperty.com - AMI: 2196 - T.: 00351 289310310
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Property on Map

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Currency Exchange

Loulé, Faro, Portugal, 8100 221

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 €120,000 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
€120,000 £99,397 £103,134 £3,737
Property Price € €120,000
Minimum cost in the last six months £99,397
Maximum cost in the last six months £103,134
Fluctuating exchange rates over the last six months could have increased the cost of this property by £3,737

Loulé, Faro, Portugal, 8100 221

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 €120,000 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
€120,000 £99,397 £103,134 £3,737
Property Price € €120,000
Minimum cost in the last six months £99,397
Maximum cost in the last six months £103,134
Fluctuating exchange rates over the last six months could have increased the cost of this property by £3,737

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 £3,737 more.

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