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Urban plot with 1720sqm, located in Manta Rota, Vila Nova de Cacela
Vila Nova de Cacela, Faro, Portugal
REF: 896349
€800,000
Description
Urban plot with 1720sqm, located in Manta Rota, Vila Nova de Cacela. URBAN PLOT FOR CONSTRUCTION OF VILLAS - CONDOMINIUM - BUILDING. or For the construction of one or two family houses with swimming pool and garage. The plot is located in a quiet area, with a flat topography and excellent access via a tarmac road. With two accesses. This plot has already had a project approved for the construction of a gated community comprising SEVEN villas. Its location close to the Algarve's best beaches, the region's various golf courses and its proximity to the Spanish border make this plot an excellent investment opportunity. Just 1200 metres from Manta Rota beach. It's a 15-minute walk to the beach. Faro airport 40 minutes away. Close to the Spanish border. Ask us for more information. Book your visit. - We help with the whole buying and selling process. -/n
Urban plot with 1720sqm, located in Manta Rota, Vila Nova de Cacela. URBAN PLOT FOR CONSTRUCTION OF VILLAS - CONDOMINIUM - BUILDING. or For the construction of one or two family houses with swimming pool and garage. The plot is located in a quiet area, with a flat topography and excellent access via a tarmac road. With two accesses. This plot has already had a project approved for the construction of a gated community comprising SEVEN villas. Its location close to the Algarve's best beaches, the region's various golf courses and its proximity to the Spanish border make this plot an excellent investment opportunity. Just 1200 metres from Manta Rota beach. It's a 15-minute walk to the beach. Faro airport 40 minutes away. Close to the Spanish border. Ask us for more information. Book your visit. - We help with the whole buying and selling process. -/n
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Currency Exchange
Vila Nova de Cacela, 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 €800,000 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 |
|---|---|---|---|
| €800,000 | £662,648 | £687,560 | £24,912 |
| Property Price € | €800,000 |
| Minimum cost in the last six months | £662,648 |
| Maximum cost in the last six months | £687,560 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £24,912 |
Vila Nova de Cacela, 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 €800,000 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 |
|---|---|---|---|
| €800,000 | £662,648 | £687,560 | £24,912 |
| Property Price € | €800,000 |
| Minimum cost in the last six months | £662,648 |
| Maximum cost in the last six months | £687,560 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £24,912 |
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 £24,912 more.
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