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This 14,400m2 plot is a great agricultural investment opportunity
Faro, Faro, Portugal
REF: 887479
€78,500
Description
This 14,400m2 plot is a great agricultural investment opportunity. Located in Gorjões, a quiet, rural area just a few minutes from Santa Bárbara de Nexe and Loulé or Faro, it offers a serene and favourable environment for agricultural activities. The land is classified as rustic and has cultivated land with carob, almond and fig trees. This variety of crops offers interesting potential for those wishing to develop diversified agricultural activities. Next to a road, with easy access to all infrastructures, this is an excellent opportunity to invest in well-located agricultural land. Don't hesitate to make an appointment to get to know the land better and explore all its potential. I'm here to help and answer all your questions. #ref: 127493
This 14,400m2 plot is a great agricultural investment opportunity. Located in Gorjões, a quiet, rural area just a few minutes from Santa Bárbara de Nexe and Loulé or Faro, it offers a serene and favourable environment for agricultural activities. The land is classified as rustic and has cultivated land with carob, almond and fig trees. This variety of crops offers interesting potential for those wishing to develop diversified agricultural activities. Next to a road, with easy access to all infrastructures, this is an excellent opportunity to invest in well-located agricultural land. Don't hesitate to make an appointment to get to know the land better and explore all its potential. I'm here to help and answer all your questions. #ref: 127493
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Currency Exchange
Faro, 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 €78,500 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 |
|---|---|---|---|
| €78,500 | £65,022 | £67,467 | £2,444 |
| Property Price € | €78,500 |
| Minimum cost in the last six months | £65,022 |
| Maximum cost in the last six months | £67,467 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,444 |
Faro, 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 €78,500 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 |
|---|---|---|---|
| €78,500 | £65,022 | £67,467 | £2,444 |
| Property Price € | €78,500 |
| Minimum cost in the last six months | £65,022 |
| Maximum cost in the last six months | £67,467 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £2,444 |
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 £2,444 more.
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