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Urban land with 468
Santa Catarina da Fonte do Bispo, Faro, Portugal
REF: 895702
€129,500
Description
Urban land with 468.5sqm and ruin of 171sqm, 6 minutes from São Brás de Alportel and 7 minutes from the node of Via do Infante (A22) of Moncarapacho (Olhão). Beautiful views, ideal for those looking to live in the tranquility of the countryside. This land has the possibility of building a villa up to 300sqm, plus basement and swimming pool. Possibility of another 3.000sqm of rustic land. South-facing ruin. Easy access. Quiet area, at the top of a hill, with mountain view. Water, light and telephone very close. Casas do Sotavento is a family business, recognized at home and abroad, by customers, employees, investors, for the quality of our actions and our projects. Our mission is to provide an easy and peaceful experience for those who seek us. Our concern, to treat everyone as we would like to be treated.
Urban land with 468.5sqm and ruin of 171sqm, 6 minutes from São Brás de Alportel and 7 minutes from the node of Via do Infante (A22) of Moncarapacho (Olhão). Beautiful views, ideal for those looking to live in the tranquility of the countryside. This land has the possibility of building a villa up to 300sqm, plus basement and swimming pool. Possibility of another 3.000sqm of rustic land. South-facing ruin. Easy access. Quiet area, at the top of a hill, with mountain view. Water, light and telephone very close. Casas do Sotavento is a family business, recognized at home and abroad, by customers, employees, investors, for the quality of our actions and our projects. Our mission is to provide an easy and peaceful experience for those who seek us. Our concern, to treat everyone as we would like to be treated.
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Currency Exchange
Santa Catarina da Fonte do Bispo, 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 €129,500 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 |
|---|---|---|---|
| €129,500 | £107,266 | £111,299 | £4,033 |
| Property Price € | €129,500 |
| Minimum cost in the last six months | £107,266 |
| Maximum cost in the last six months | £111,299 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,033 |
Santa Catarina da Fonte do Bispo, 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 €129,500 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 |
|---|---|---|---|
| €129,500 | £107,266 | £111,299 | £4,033 |
| Property Price € | €129,500 |
| Minimum cost in the last six months | £107,266 |
| Maximum cost in the last six months | £111,299 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,033 |
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 £4,033 more.
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