Urban land for construction in Benafim with 1200 m

Loulé, Faro, Portugal, 8100-350

For Sale

€180,000

REF: 855054 €180,000


Description

Urban land for construction in Benafim with 1200 m Maximum construction area - 600 m Project approved by the Municipality of Loulé for 3 townhouses with 180 m of closed construction area each, plus terraces. Plot with little slope, all clean and fenced, bordering the municipal street to the west. Excellent sun exposure (East / West) Water, domestic sewage, rainwater, electricity and telecommunications are infrastructures available in the immediate vicinity of the lot. Benafim is a village located in the Barrocal of the Algarve, just 40 kms from Faro international airport, 20 kms north of Loulé and 25 km from the tourist complex of Vilamoura, served by a good road network. Pharmacy, supermarkets, restaurants and accommodation, either hotels or gas stations, are some of the facilities present. Our company assists in all sectors such as how to obtain the best exchange rates, account opening and documentation related to bank loans, carrying out improvement works, etc. Don't miss this opportunity and contact us for a visit.
Urban land for construction in Benafim with 1200 m Maximum construction area - 600 m Project approved by the Municipality of Loulé for 3 townhouses with 180 m of closed construction area each, plus terraces. Plot with little slope, all clean and fenced, bordering the municipal street to the west. Excellent sun exposure (East / West) Water, domestic sewage, rainwater, electricity and telecommunications are infrastructures available in the immediate vicinity of the lot. Benafim is a village located in the Barrocal of the Algarve, just 40 kms from Faro international airport, 20 kms north of Loulé and 25 km from the tourist complex of Vilamoura, served by a good road network. Pharmacy, supermarkets, restaurants and accommodation, either hotels or gas stations, are some of the facilities present. Our company assists in all sectors such as how to obtain the best exchange rates, account opening and documentation related to bank loans, carrying out improvement works, etc. Don't miss this opportunity and contact us for a visit.
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Property on Map

#TP750

Currency Exchange

Loulé, Faro, Portugal, 8100-350

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 €180,000 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
€180,000 £149,096 £154,701 £5,605
Property Price € €180,000
Minimum cost in the last six months £149,096
Maximum cost in the last six months £154,701
Fluctuating exchange rates over the last six months could have increased the cost of this property by £5,605

Loulé, Faro, Portugal, 8100-350

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 €180,000 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
€180,000 £149,096 £154,701 £5,605
Property Price € €180,000
Minimum cost in the last six months £149,096
Maximum cost in the last six months £154,701
Fluctuating exchange rates over the last six months could have increased the cost of this property by £5,605

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 £5,605 more.

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