We are pleased to present you with an unparalleled opportunity in the heart of Benafim, Algarve

União de Freguesias de Querença, Tôr e Benafim, Faro, Portugal

For Sale

€180,000

REF: 895755 €180,000


1200 m2

Description

We are pleased to present you with an unparalleled opportunity in the heart of Benafim, Algarve. This 1200sqm urban plot offers an ideal platform for carrying out your construction projects. With a maximum construction area of 600sqm, this land is a blank backdrop for your architectural vision. Included in this offer is a project underway for the construction of three townhouses.

Each of these exquisitely designed residences has a closed construction area of 175sqm, ensuring generous and comfortable spaces for future inhabitants. Furthermore, the inclusion of terraces provides an opportunity to create welcoming outdoor leisure areas. The land has a slight slope, which offers additional architectural potential to integrate different levels and creative designs. The area is completely clean and fenced.
We are pleased to present you with an unparalleled opportunity in the heart of Benafim, Algarve. This 1200sqm urban plot offers an ideal platform for carrying out your construction projects. With a maximum construction area of 600sqm, this land is a blank backdrop for your architectural vision. Included in this offer is a project underway for the construction of three townhouses.

Each of these exquisitely designed residences has a closed construction area of 175sqm, ensuring generous and comfortable spaces for future inhabitants. Furthermore, the inclusion of terraces provides an opportunity to create welcoming outdoor leisure areas. The land has a slight slope, which offers additional architectural potential to integrate different levels and creative designs. The area is completely clean and fenced.
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Property on Map

#SU-CS-TU-90368

Currency Exchange

União de Freguesias de Querença, Tôr e Benafim, 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 €180,000 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
€180,000 £148,302 £152,296 £3,994
Property Price € €180,000
Minimum cost in the last six months £148,302
Maximum cost in the last six months £152,296
Fluctuating exchange rates over the last six months could have increased the cost of this property by £3,994

União de Freguesias de Querença, Tôr e Benafim, 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 €180,000 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
€180,000 £148,302 £152,296 £3,994
Property Price € €180,000
Minimum cost in the last six months £148,302
Maximum cost in the last six months £152,296
Fluctuating exchange rates over the last six months could have increased the cost of this property by £3,994

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 £3,994 more.

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