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Land with 440sqm next to the village of Casa Branca in Balurcos, Alcoutim
União das Freguesias de Alcoutim e Pereiro, Faro, Portugal
REF: 895896
€56,000
Description
Land with 440sqm next to the village of Casa Branca in Balurcos, Alcoutim. Asphalt access. Flat land. Calm location. Good access. Infrastructure in place, sanitation, water, electricity and public lighting. Just 10 minutes from the village of Alcoutim and its river beach. About 25 minutes from the village of Castro Marim and the border with Spain, Ayamonte. One hour from Faro Airport. Situated 30 minutes from the best beaches in the Algarve. Contact us for more information. Book your visit! Casas do Sotavento Real Estate was founded in 2000 with the aim of becoming the reference real estate agency in the eastern Algarve. We stand out for our commitment to technological development, being present on approximately 220 national and international real estate portals and social networks. We provide personalized assistance and tailor-made solutions for each client. All our professionals ensure strict management of mediation contracts and the buying and selling processes.
Land with 440sqm next to the village of Casa Branca in Balurcos, Alcoutim. Asphalt access. Flat land. Calm location. Good access. Infrastructure in place, sanitation, water, electricity and public lighting. Just 10 minutes from the village of Alcoutim and its river beach. About 25 minutes from the village of Castro Marim and the border with Spain, Ayamonte. One hour from Faro Airport. Situated 30 minutes from the best beaches in the Algarve. Contact us for more information. Book your visit! Casas do Sotavento Real Estate was founded in 2000 with the aim of becoming the reference real estate agency in the eastern Algarve. We stand out for our commitment to technological development, being present on approximately 220 national and international real estate portals and social networks. We provide personalized assistance and tailor-made solutions for each client. All our professionals ensure strict management of mediation contracts and the buying and selling processes.
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Currency Exchange
União das Freguesias de Alcoutim e Pereiro, 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 €56,000 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 |
|---|---|---|---|
| €56,000 | £46,385 | £48,129 | £1,744 |
| Property Price € | €56,000 |
| Minimum cost in the last six months | £46,385 |
| Maximum cost in the last six months | £48,129 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,744 |
União das Freguesias de Alcoutim e Pereiro, 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 €56,000 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 |
|---|---|---|---|
| €56,000 | £46,385 | £48,129 | £1,744 |
| Property Price € | €56,000 |
| Minimum cost in the last six months | £46,385 |
| Maximum cost in the last six months | £48,129 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,744 |
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 £1,744 more.
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