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Mixed land, flat, with construction project for a T2 detached house being approved by the Tavira Municipal Council
União das Freguesias de Conceição e Cabanas de Tavira, Faro, Portugal
REF: 895976
€150,000
Description
Mixed land, flat, with construction project for a T2 detached house being approved by the Tavira Municipal Council. Since the land is in a REN zone, there is the possibility of expanding the house up to 250sqm with a swimming pool included, or doing rural tourism up to 500sqm. A development study was carried out for rural tourism and it is possible to place a maximum of 10 wooden bungalows with 35sqm each and a main building with 240sqm. This land has water from the dam, electricity and is completely fenced. Located 7 km from Tavira Great opportunity for those who want to have a property just a few minutes from the city and be able to enjoy country life. About the City of Tavira: Tavira is a small town on the Algarve coast of Portugal. It extends along the Gilão River, which reaches the sea through the entrances to the lagoons of the Ria Formosa Natural Park. Tavira Island has a long sandy beach and salt flats that attract flamingos, spoonbills and other wading birds. Tavira is a city with a history very marked by the Christian reconquest and some of its landmarks reflect this same history: the medieval castle of Tavira that offers views of the city, the Roman Bridge that crosses the river Gilão, and its churches that keep true treasures. All these characteristics fall in love with those who visit this city, making them want to stay here. Living in Tavira means never wanting to live anywhere else. Casas do Sotavento is a family company, recognized in the country and abroad, by customers, employees, investors, for the quality of our actions and our projects. Our mission is to provide an easy and smooth experience. Our concern is to treat everyone as we would like to be treated.
Mixed land, flat, with construction project for a T2 detached house being approved by the Tavira Municipal Council. Since the land is in a REN zone, there is the possibility of expanding the house up to 250sqm with a swimming pool included, or doing rural tourism up to 500sqm. A development study was carried out for rural tourism and it is possible to place a maximum of 10 wooden bungalows with 35sqm each and a main building with 240sqm. This land has water from the dam, electricity and is completely fenced. Located 7 km from Tavira Great opportunity for those who want to have a property just a few minutes from the city and be able to enjoy country life. About the City of Tavira: Tavira is a small town on the Algarve coast of Portugal. It extends along the Gilão River, which reaches the sea through the entrances to the lagoons of the Ria Formosa Natural Park. Tavira Island has a long sandy beach and salt flats that attract flamingos, spoonbills and other wading birds. Tavira is a city with a history very marked by the Christian reconquest and some of its landmarks reflect this same history: the medieval castle of Tavira that offers views of the city, the Roman Bridge that crosses the river Gilão, and its churches that keep true treasures. All these characteristics fall in love with those who visit this city, making them want to stay here. Living in Tavira means never wanting to live anywhere else. Casas do Sotavento is a family company, recognized in the country and abroad, by customers, employees, investors, for the quality of our actions and our projects. Our mission is to provide an easy and smooth experience. Our concern is to treat everyone as we would like to be treated.
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Currency Exchange
União das Freguesias de Conceição e Cabanas de Tavira, 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 €150,000 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 |
|---|---|---|---|
| €150,000 | £124,247 | £128,918 | £4,671 |
| Property Price € | €150,000 |
| Minimum cost in the last six months | £124,247 |
| Maximum cost in the last six months | £128,918 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,671 |
União das Freguesias de Conceição e Cabanas de Tavira, 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 €150,000 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 |
|---|---|---|---|
| €150,000 | £124,247 | £128,918 | £4,671 |
| Property Price € | €150,000 |
| Minimum cost in the last six months | £124,247 |
| Maximum cost in the last six months | £128,918 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,671 |
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 £4,671 more.
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