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Plot of land located in a very quiet urbanisation of detached villas, very close to the Albufeira marina and some idyllic beaches
Albufeira, Faro, Portugal
REF: 885460
€290,000
Description
Plot of land located in a very quiet urbanisation of detached villas, very close to the Albufeira marina and some idyllic beaches. This plot is feasible for the construction of a 270 m2 villa with swimming pool, for 3 or 4 bedrooms, with ground floor and 1st floor, plus basement, with an area of 190 m2. There is access to the surrounding area: - Albufeira Marina 2 Klms away - S.Rafael beach 2 kilometres away - historic centre 3 klms away - Salgados Golf 4 kilometres away - Salgados beach and lagoon 8 Klms away - many restaurants and bars At IAD, we share business with any real estate agent. We have a concept of virtual showcasing of our properties on more than 200 real estate portals, both nationally and predominantly internationally. I look forward to hearing from you with any questions or to arrange a visit in person or virtually. #ref: 126870
Plot of land located in a very quiet urbanisation of detached villas, very close to the Albufeira marina and some idyllic beaches. This plot is feasible for the construction of a 270 m2 villa with swimming pool, for 3 or 4 bedrooms, with ground floor and 1st floor, plus basement, with an area of 190 m2. There is access to the surrounding area: - Albufeira Marina 2 Klms away - S.Rafael beach 2 kilometres away - historic centre 3 klms away - Salgados Golf 4 kilometres away - Salgados beach and lagoon 8 Klms away - many restaurants and bars At IAD, we share business with any real estate agent. We have a concept of virtual showcasing of our properties on more than 200 real estate portals, both nationally and predominantly internationally. I look forward to hearing from you with any questions or to arrange a visit in person or virtually. #ref: 126870
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Currency Exchange
Albufeira, 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 €290,000 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 |
|---|---|---|---|
| €290,000 | £238,931 | £249,241 | £10,310 |
| Property Price € | €290,000 |
| Minimum cost in the last six months | £238,931 |
| Maximum cost in the last six months | £249,241 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,310 |
Albufeira, 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 €290,000 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 |
|---|---|---|---|
| €290,000 | £238,931 | £249,241 | £10,310 |
| Property Price € | €290,000 |
| Minimum cost in the last six months | £238,931 |
| Maximum cost in the last six months | £249,241 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £10,310 |
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 £10,310 more.
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