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Plot of land, for construction of housing
Montenegro, Faro, Portugal
REF: 896180
€300,000
Description
Plot of land, for construction of housing. This lot is located in a quiet area, in an urbanization already with several villas, close to all services, schools and commerce. A few minutes from the University of Gambelas, the private hospital and Faro Airport. Faro beach is just 10 minutes away. The plot has 560 square meters, which allows to build a two-story villa with a basement. It is an excellent opportunity to build your own house in a quiet and convenient location, close to all amenities and with easy access to the main areas of the city. Ideal for those who want to live in a quiet and central neighborhood, close to all amenities and with easy access to the airport. Faro is the capital and largest city of the Algarve region, in the south of Portugal. It is a historic city dating back to Roman times and is known for its ancient architecture, including the Cathedral of Sé, dating from the 13th century. Faro marina is another popular tourist spot, with several boats and restaurants by the sea. Faro is also an important university centre and has a vibrant cultural life with various theatres, art galleries and libraries. In addition, there are several parks and nature reserves near the city, such as the Ria Formosa Nature Reserve, which is a habitat for a variety of wildlife, including flamingos and migratory birds. 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.
Plot of land, for construction of housing. This lot is located in a quiet area, in an urbanization already with several villas, close to all services, schools and commerce. A few minutes from the University of Gambelas, the private hospital and Faro Airport. Faro beach is just 10 minutes away. The plot has 560 square meters, which allows to build a two-story villa with a basement. It is an excellent opportunity to build your own house in a quiet and convenient location, close to all amenities and with easy access to the main areas of the city. Ideal for those who want to live in a quiet and central neighborhood, close to all amenities and with easy access to the airport. Faro is the capital and largest city of the Algarve region, in the south of Portugal. It is a historic city dating back to Roman times and is known for its ancient architecture, including the Cathedral of Sé, dating from the 13th century. Faro marina is another popular tourist spot, with several boats and restaurants by the sea. Faro is also an important university centre and has a vibrant cultural life with various theatres, art galleries and libraries. In addition, there are several parks and nature reserves near the city, such as the Ria Formosa Nature Reserve, which is a habitat for a variety of wildlife, including flamingos and migratory birds. 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
Montenegro, 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 €300,000 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 |
|---|---|---|---|
| €300,000 | £248,493 | £257,835 | £9,342 |
| Property Price € | €300,000 |
| Minimum cost in the last six months | £248,493 |
| Maximum cost in the last six months | £257,835 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,342 |
Montenegro, 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 €300,000 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 |
|---|---|---|---|
| €300,000 | £248,493 | £257,835 | £9,342 |
| Property Price € | €300,000 |
| Minimum cost in the last six months | £248,493 |
| Maximum cost in the last six months | £257,835 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,342 |
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 £9,342 more.
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