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Urban land with 520
Castro Marim, Faro, Portugal, 8950-411
REF: 875872
€90,000
Description
Urban land with ruins located in Montinho da Conveniência, Altura, municipality of Castro Marim. the land has an area of 520.40 m2 and the ruin has 34.90 m2. The land is located in a high area with an excellent view of the countryside! Excellent opportunity for construction, subject to municipal licensing. Accesses: 1.5km from the A22 interchange 2.6 km from EN 125 4.0km from Altura beach 10.0km from Spain 60.0KM from Faro Airport Branca Castro - 964582983 At KW Flash we have support in the financing process (if required). Our branch has a Credit Intermediary authorized by Banco de Portugal. If you need financing, we can help and we will be at your side to accompany you throughout the entire process. At KW Flash we share business with all real estate consultants or agencies with an AMI license because together we can do more for our clients. If you are a professional in the sector and have a qualified client, contact me and schedule a visit, as this property is exclusively available to provide you with an excellent service.
Urban land with ruins located in Montinho da Conveniência, Altura, municipality of Castro Marim. the land has an area of 520.40 m2 and the ruin has 34.90 m2. The land is located in a high area with an excellent view of the countryside! Excellent opportunity for construction, subject to municipal licensing. Accesses: 1.5km from the A22 interchange 2.6 km from EN 125 4.0km from Altura beach 10.0km from Spain 60.0KM from Faro Airport Branca Castro - 964582983 At KW Flash we have support in the financing process (if required). Our branch has a Credit Intermediary authorized by Banco de Portugal. If you need financing, we can help and we will be at your side to accompany you throughout the entire process. At KW Flash we share business with all real estate consultants or agencies with an AMI license because together we can do more for our clients. If you are a professional in the sector and have a qualified client, contact me and schedule a visit, as this property is exclusively available to provide you with an excellent service.
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Currency Exchange
Castro Marim, Faro, Portugal, 8950-411
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 €90,000 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 |
|---|---|---|---|
| €90,000 | £74,548 | £77,351 | £2,803 |
| Property Price € | €90,000 |
| Minimum cost in the last six months | £74,548 |
| Maximum cost in the last six months | £77,351 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,803 |
Castro Marim, Faro, Portugal, 8950-411
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 €90,000 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 |
|---|---|---|---|
| €90,000 | £74,548 | £77,351 | £2,803 |
| Property Price € | €90,000 |
| Minimum cost in the last six months | £74,548 |
| Maximum cost in the last six months | £77,351 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,803 |
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 £2,803 more.
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