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The plot described is suitable for the construction of a semi-detached villa with two bedrooms (T2) and has an area of 118 square meters
Altura, Faro, Portugal
REF: 895868
€100,000
Description
The plot described is suitable for the construction of a semi-detached villa with two bedrooms (T2) and has an area of 118 square meters. The construction deployment area is 91 square meters and the gross construction area is 123 square meters. In addition, there is an additional gross dependent area of 30 square meters. This means that the lot has enough space to build a spacious and comfortable house with well-sized rooms and common areas. Altura is a parish located in the municipality of Castro Marim, algarve, Portugal. The parish is known for its beaches and panoramic views, as well as for its history and archaeology. The area has a rich history of fishing and agriculture, and is a popular region for tourism and leisure. In addition, there are several nature parks and reserves in the region, such as the Sapal de Castro Marim Nature Reserve and Vila Real de Santo António. Casas do Sotavento is a prestigious family business that stands out for the high quality standard of its products and projects. Recognized both in Portugal and abroad, the company's mission is to provide an easy and peaceful experience for its customers, employees and investors. Casas do Sotavento's commitment is to treat all people with the same respect and attention that we would like to receive. This is reflected in all stages of the purchase process, from the choice of the property to the final delivery. In addition, the company is concerned with maintaining a high level of transparency and honesty in all its interactions. If you are looking for a reliable and experienced company to help you find the property of your dreams, Casas do Sotavento is the right choice. Contact us today to learn more about our products and services.
The plot described is suitable for the construction of a semi-detached villa with two bedrooms (T2) and has an area of 118 square meters. The construction deployment area is 91 square meters and the gross construction area is 123 square meters. In addition, there is an additional gross dependent area of 30 square meters. This means that the lot has enough space to build a spacious and comfortable house with well-sized rooms and common areas. Altura is a parish located in the municipality of Castro Marim, algarve, Portugal. The parish is known for its beaches and panoramic views, as well as for its history and archaeology. The area has a rich history of fishing and agriculture, and is a popular region for tourism and leisure. In addition, there are several nature parks and reserves in the region, such as the Sapal de Castro Marim Nature Reserve and Vila Real de Santo António. Casas do Sotavento is a prestigious family business that stands out for the high quality standard of its products and projects. Recognized both in Portugal and abroad, the company's mission is to provide an easy and peaceful experience for its customers, employees and investors. Casas do Sotavento's commitment is to treat all people with the same respect and attention that we would like to receive. This is reflected in all stages of the purchase process, from the choice of the property to the final delivery. In addition, the company is concerned with maintaining a high level of transparency and honesty in all its interactions. If you are looking for a reliable and experienced company to help you find the property of your dreams, Casas do Sotavento is the right choice. Contact us today to learn more about our products and services.
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Currency Exchange
Altura, 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 €100,000 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 |
|---|---|---|---|
| €100,000 | £82,831 | £85,945 | £3,114 |
| Property Price € | €100,000 |
| Minimum cost in the last six months | £82,831 |
| Maximum cost in the last six months | £85,945 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,114 |
Altura, 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 €100,000 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 |
|---|---|---|---|
| €100,000 | £82,831 | £85,945 | £3,114 |
| Property Price € | €100,000 |
| Minimum cost in the last six months | £82,831 |
| Maximum cost in the last six months | £85,945 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,114 |
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 £3,114 more.
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