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Land | Vale D'El Rey
Lagoa, Faro, Portugal
REF: 872790
€68,000
Description
Rustic Land in Vale D El Rey with Panoramic Views! Inserted in an area of villas and close to the local accommodation Quinta Nova Del Rey, this land is surrounded by a rural landscape, with some villas to the east, north and south. However, to the west to the road are several rustic plots. On this land you will find little vegetation and some fig, almond and carob trees.
The proximity of houses, even bordering the land itself, facilitates access to water and mains electricity. However, the land has a natural slope conducive to the installation of solar panels and water collection.
It has access from the upper part of the land that has a flat part, and then I start the slope to the ravine to the south, where there is already a recently tarred road,
Located in a quiet area with good sun exposure, it has a total area of 4,810m2. It is also worth noting the proximity to the beaches of Albandeira, Marinha and Benagil.
Distances:
2 km approximately from Praia da Marinha
2 km approximately from Benagil Beach
5 km from Carvoeiro
5 km from Lagoa
Approximately 10 minutes from access to the EN125
Rustic Land in Vale D El Rey with Panoramic Views! Inserted in an area of villas and close to the local accommodation Quinta Nova Del Rey, this land is surrounded by a rural landscape, with some villas to the east, north and south. However, to the west to the road are several rustic plots. On this land you will find little vegetation and some fig, almond and carob trees.
The proximity of houses, even bordering the land itself, facilitates access to water and mains electricity. However, the land has a natural slope conducive to the installation of solar panels and water collection.
It has access from the upper part of the land that has a flat part, and then I start the slope to the ravine to the south, where there is already a recently tarred road,
Located in a quiet area with good sun exposure, it has a total area of 4,810m2. It is also worth noting the proximity to the beaches of Albandeira, Marinha and Benagil.
Distances:
2 km approximately from Praia da Marinha
2 km approximately from Benagil Beach
5 km from Carvoeiro
5 km from Lagoa
Approximately 10 minutes from access to the EN125
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Property on Map
Currency Exchange
Lagoa, Faro, Portugal
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 €68,000 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 |
|---|---|---|---|
| €68,000 | £56,325 | £58,443 | £2,118 |
| Property Price € | €68,000 |
| Minimum cost in the last six months | £56,325 |
| Maximum cost in the last six months | £58,443 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,118 |
Lagoa, Faro, Portugal
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 €68,000 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 |
|---|---|---|---|
| €68,000 | £56,325 | £58,443 | £2,118 |
| Property Price € | €68,000 |
| Minimum cost in the last six months | £56,325 |
| Maximum cost in the last six months | £58,443 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,118 |
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 £2,118 more.
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