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PORTUGAL - ALGARVE - VILA DO BISPO Rustic land in Barão São Miguel, with an area of 2
Lagos, Faro, Portugal
REF: 873222
€150,000
Description
PORTUGAL - ALGARVE - VILA DO BISPO Rustic land in Barão São Miguel, with an area of 2.5 ha. Located less than 1 km from the village, in a calm rural residential area. Easy access by two paths on both extremities of the property, providing independent entrances. Mainly flat, the top part of the land has pleasing views all around. Primarily used for agricultural purposes, you will find many local varieties of trees, olives, almonds, figs. Providing different shaded areas with a lot of privacy. The well needs to be maintained as it has not been used for a long period of time. Electricity at the door proximity to the village Fertile soil Perfect conditions for an agricultural project. Surrounded by well kept properties with a laid back vibe and very little traffic. The village of Barao Sao Miguel has all you might need, local cafes, small supermarket and sports terrain. Close to lagos and the beaches of the south coast but still enough in land to escape the summer rush. Contact us to schedule a visit! #ref: 125606
PORTUGAL - ALGARVE - VILA DO BISPO Rustic land in Barão São Miguel, with an area of 2.5 ha. Located less than 1 km from the village, in a calm rural residential area. Easy access by two paths on both extremities of the property, providing independent entrances. Mainly flat, the top part of the land has pleasing views all around. Primarily used for agricultural purposes, you will find many local varieties of trees, olives, almonds, figs. Providing different shaded areas with a lot of privacy. The well needs to be maintained as it has not been used for a long period of time. Electricity at the door proximity to the village Fertile soil Perfect conditions for an agricultural project. Surrounded by well kept properties with a laid back vibe and very little traffic. The village of Barao Sao Miguel has all you might need, local cafes, small supermarket and sports terrain. Close to lagos and the beaches of the south coast but still enough in land to escape the summer rush. Contact us to schedule a visit! #ref: 125606
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Currency Exchange
Lagos, 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 €150,000 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 |
|---|---|---|---|
| €150,000 | £123,585 | £130,214 | £6,629 |
| Property Price € | €150,000 |
| Minimum cost in the last six months | £123,585 |
| Maximum cost in the last six months | £130,214 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,629 |
Lagos, 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 €150,000 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 |
|---|---|---|---|
| €150,000 | £123,585 | £130,214 | £6,629 |
| Property Price € | €150,000 |
| Minimum cost in the last six months | £123,585 |
| Maximum cost in the last six months | £130,214 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £6,629 |
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 £6,629 more.
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