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The land described is a mixed plot of land, with 15,682 square meters, including 200 square meters of urban area
União das Freguesias de Conceição e Estoi, Faro, Portugal
REF: 896100
€500,000
Description
The land described is a mixed plot of land, with 15,682 square meters, including 200 square meters of urban area. It is flat and located in a quiet area, overlooking the mountains and good sun exposure. It has three distinct entrances and is easy to access by tarmac road. It is located 12 minutes from the centre of Faro, 10 minutes from the airport, 15 minutes from Faro beach and 10 minutes from the Algarve Forum. There are also some fruit trees on the ground. This land is a good opportunity to build the house of your dreams and have a small vegetable garden or orchard near the center of the capital of the Algarve. Faro is the capital and most populous city in the Faro district, in southern Portugal. It is the main gateway to the Algarve region and is known for its beach, history and architecture. The old town of Faro is surrounded by medieval walls and features a Gothic cathedral, the Cathedral of Faro, which is one of the city's main tourist attractions. Faro's old town is a pedestrian area with narrow streets and colourful houses. Faro is also an important university center and boasts a lively nightlife. The city is a popular starting point for exploring the picturesque beaches and villages of the Algarve region. 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 'uncomplicated' and peaceful experience to its customers, employees and investors. Casas do Sotavento's commitment is to treat all people with the same respect and attention that we like to receive. This is reflected in all stages of a process, from the choice of the property, to the closing of the transaction focusing on the satisfaction of all parties. In addition, the company prides itself on maintaining a high level of transparency, accuracy and honesty in all its interactions. If you are looking for a reliable company with a suitable and experienced team to help you find the property of your dreams, the right investment or projects, in the exact place, Casas do Sotavento is certainly the right choice! Contact us today to find out more about our products and services.
The land described is a mixed plot of land, with 15,682 square meters, including 200 square meters of urban area. It is flat and located in a quiet area, overlooking the mountains and good sun exposure. It has three distinct entrances and is easy to access by tarmac road. It is located 12 minutes from the centre of Faro, 10 minutes from the airport, 15 minutes from Faro beach and 10 minutes from the Algarve Forum. There are also some fruit trees on the ground. This land is a good opportunity to build the house of your dreams and have a small vegetable garden or orchard near the center of the capital of the Algarve. Faro is the capital and most populous city in the Faro district, in southern Portugal. It is the main gateway to the Algarve region and is known for its beach, history and architecture. The old town of Faro is surrounded by medieval walls and features a Gothic cathedral, the Cathedral of Faro, which is one of the city's main tourist attractions. Faro's old town is a pedestrian area with narrow streets and colourful houses. Faro is also an important university center and boasts a lively nightlife. The city is a popular starting point for exploring the picturesque beaches and villages of the Algarve region. 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 'uncomplicated' and peaceful experience to its customers, employees and investors. Casas do Sotavento's commitment is to treat all people with the same respect and attention that we like to receive. This is reflected in all stages of a process, from the choice of the property, to the closing of the transaction focusing on the satisfaction of all parties. In addition, the company prides itself on maintaining a high level of transparency, accuracy and honesty in all its interactions. If you are looking for a reliable company with a suitable and experienced team to help you find the property of your dreams, the right investment or projects, in the exact place, Casas do Sotavento is certainly the right choice! Contact us today to find out more about our products and services.
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Currency Exchange
União das Freguesias de Conceição e Estoi, 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 €500,000 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 |
|---|---|---|---|
| €500,000 | £414,155 | £429,725 | £15,570 |
| Property Price € | €500,000 |
| Minimum cost in the last six months | £414,155 |
| Maximum cost in the last six months | £429,725 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,570 |
União das Freguesias de Conceição e Estoi, 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 €500,000 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 |
|---|---|---|---|
| €500,000 | £414,155 | £429,725 | £15,570 |
| Property Price € | €500,000 |
| Minimum cost in the last six months | £414,155 |
| Maximum cost in the last six months | £429,725 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,570 |
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 £15,570 more.
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