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This building plot of 500 m2 with its unique location, at only 2 minutes from the typical fishing village of Burgau and a few meters from the local beautiful beach with easy access at walking distance is the ideal opportunity to build your dream house in a beautiful setting, quiet and will allow you
Vila do Bispo, Algarve, Portugal, 8650-041
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REF: 869002
€220,000
Description
This building plot of 500 m2 with its unique location, at only 2 minutes from the typical fishing village of Burgau and a few meters from the local beautiful beach with easy access at walking distance is the ideal opportunity to build your dream house in a beautiful setting, quiet and will allow you to enjoy the surrounding nature.
This type of building plot at this selling price is quite unique in the Algarve, offering the possibility to build a villa up to 220 m2.
Please do not hesitate to contact us for further information or to request a viewing of this wonderful location on the Western Algarve.
This building plot of 500 m2 with its unique location, at only 2 minutes from the typical fishing village of Burgau and a few meters from the local beautiful beach with easy access at walking distance is the ideal opportunity to build your dream house in a beautiful setting, quiet and will allow you to enjoy the surrounding nature.
This type of building plot at this selling price is quite unique in the Algarve, offering the possibility to build a villa up to 220 m2.
Please do not hesitate to contact us for further information or to request a viewing of this wonderful location on the Western Algarve.
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Currency Exchange
Vila do Bispo, Algarve, Portugal, 8650-041
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 €220,000 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 |
|---|---|---|---|
| €220,000 | £182,228 | £189,079 | £6,851 |
| Property Price € | €220,000 |
| Minimum cost in the last six months | £182,228 |
| Maximum cost in the last six months | £189,079 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,851 |
Vila do Bispo, Algarve, Portugal, 8650-041
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 €220,000 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 |
|---|---|---|---|
| €220,000 | £182,228 | £189,079 | £6,851 |
| Property Price € | €220,000 |
| Minimum cost in the last six months | £182,228 |
| Maximum cost in the last six months | £189,079 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,851 |
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 £6,851 more.
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