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Mixed plot of 10940 m² ha with two habitable houses, one of 43 m² and the other of 27 m², built before 1951
Lagoa (Algarve), Faro, Portugal
REF: 884706
€1,200,000
Description
Mixed plot of 10940 m² ha with two habitable houses, one of 43 m² and the other of 27 m², built before 1951. The plot is fenced and the south-facing houses are situated on high ground. This plot offers a peaceful setting with beautiful panoramic views over the Gramacho golf course and the countryside, just a few minutes from Ferragudo and the most beautiful beaches. It is ideally located close to the amenities of Lagoa and Portimao, including schools, supermarkets and health centres. The Algarve's beaches and golf courses are also within easy reach, making it ideal for those who appreciate both comfort and relaxation. It's a great opportunity for anyone looking to invest in the fast-growing Algarve. Whether you are planning to build homes for sale or a personal residence, this land offers great potential. Make an appointment to visit and discover this opportunity. #ref: 126662
Mixed plot of 10940 m² ha with two habitable houses, one of 43 m² and the other of 27 m², built before 1951. The plot is fenced and the south-facing houses are situated on high ground. This plot offers a peaceful setting with beautiful panoramic views over the Gramacho golf course and the countryside, just a few minutes from Ferragudo and the most beautiful beaches. It is ideally located close to the amenities of Lagoa and Portimao, including schools, supermarkets and health centres. The Algarve's beaches and golf courses are also within easy reach, making it ideal for those who appreciate both comfort and relaxation. It's a great opportunity for anyone looking to invest in the fast-growing Algarve. Whether you are planning to build homes for sale or a personal residence, this land offers great potential. Make an appointment to visit and discover this opportunity. #ref: 126662
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Currency Exchange
Lagoa (Algarve), 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 €1,200,000 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 |
|---|---|---|---|
| €1,200,000 | £993,972 | £1,031,340 | £37,368 |
| Property Price € | €1,200,000 |
| Minimum cost in the last six months | £993,972 |
| Maximum cost in the last six months | £1,031,340 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £37,368 |
Lagoa (Algarve), 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 €1,200,000 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 |
|---|---|---|---|
| €1,200,000 | £993,972 | £1,031,340 | £37,368 |
| Property Price € | €1,200,000 |
| Minimum cost in the last six months | £993,972 |
| Maximum cost in the last six months | £1,031,340 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £37,368 |
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 £37,368 more.
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