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Land with 80,760sqm in Sapal Chão - Castro Marim - Algarve
Castro Marim, Faro, Portugal
REF: 896332
€495,000
Description
Land with 80,760sqm in Sapal Chão - Castro Marim - Algarve. Beautiful land with wide views, peacefully located in the middle of nature between flat landscape and mountains. With electricity on site. Land with private lake. Close to Praia Verde. Saline Views. Beautiful views across the vast valleys, from the highest point you can see Spain and a piece of the ocean. Possibility of construction in accordance with the PDM regulations - Municipal Master Plan. There is the possibility of creating isolated buildings or isolated hotel establishments in accordance with articles 16D and 16E. And there are also possibilities to build support buildings, article 16 F. Rural Tourism, Hotels, Agricultural Farms. Possibility of creating a farm, just minutes from the best beaches in the Algarve and the border with Spain. Escape from the busy life, this land offers several opportunities to relax in your caravan, chalet tent, yurt, the possibility of building your farm (maximum 500sqm) or tourist buildings (maximum 2000sqm). 45 minutes from Faro airport, 1h30 from Seville airport. 8 minutes from the coast and the Spanish border. Three golf courses within 10 to 20 minutes. Excellent for investment. Book your visit! -We assist with the entire Buying and Sales Process
Land with 80,760sqm in Sapal Chão - Castro Marim - Algarve. Beautiful land with wide views, peacefully located in the middle of nature between flat landscape and mountains. With electricity on site. Land with private lake. Close to Praia Verde. Saline Views. Beautiful views across the vast valleys, from the highest point you can see Spain and a piece of the ocean. Possibility of construction in accordance with the PDM regulations - Municipal Master Plan. There is the possibility of creating isolated buildings or isolated hotel establishments in accordance with articles 16D and 16E. And there are also possibilities to build support buildings, article 16 F. Rural Tourism, Hotels, Agricultural Farms. Possibility of creating a farm, just minutes from the best beaches in the Algarve and the border with Spain. Escape from the busy life, this land offers several opportunities to relax in your caravan, chalet tent, yurt, the possibility of building your farm (maximum 500sqm) or tourist buildings (maximum 2000sqm). 45 minutes from Faro airport, 1h30 from Seville airport. 8 minutes from the coast and the Spanish border. Three golf courses within 10 to 20 minutes. Excellent for investment. Book your visit! -We assist with the entire Buying and Sales Process
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Currency Exchange
Castro Marim, 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 €495,000 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 |
|---|---|---|---|
| €495,000 | £410,013 | £425,428 | £15,414 |
| Property Price € | €495,000 |
| Minimum cost in the last six months | £410,013 |
| Maximum cost in the last six months | £425,428 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,414 |
Castro Marim, 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 €495,000 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 |
|---|---|---|---|
| €495,000 | £410,013 | £425,428 | £15,414 |
| Property Price € | €495,000 |
| Minimum cost in the last six months | £410,013 |
| Maximum cost in the last six months | £425,428 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £15,414 |
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 £15,414 more.
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