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Rustic land with 4,880sqm near Rio Seco, in Castro Marim - Algarve
Castro Marim, Faro, Portugal
REF: 896528
€57,500
Description
Rustic land with 4,880sqm near Rio Seco, in Castro Marim - Algarve. Land with vegetable garden, fruit trees in production. Vegetable garden in production. Irrigation water and irrigation system on the ground. Orange trees, loquat trees, lemon trees and others. Land with well, daughter-in-law with water. With pump running. With citrus trees. Land all flat and with good access. Confronts with a waterline. Good for agriculture, caravan, motor home or mobile home, permaculture. Located 10 minutes from the best beaches in the Algarve. Just 10 minutes from the center of Castro Marim and the border with Spain, Ayamonte. 45 minutes from Faro Airport. Book your visit! -We help throughout the buying and selling process
Rustic land with 4,880sqm near Rio Seco, in Castro Marim - Algarve. Land with vegetable garden, fruit trees in production. Vegetable garden in production. Irrigation water and irrigation system on the ground. Orange trees, loquat trees, lemon trees and others. Land with well, daughter-in-law with water. With pump running. With citrus trees. Land all flat and with good access. Confronts with a waterline. Good for agriculture, caravan, motor home or mobile home, permaculture. Located 10 minutes from the best beaches in the Algarve. Just 10 minutes from the center of Castro Marim and the border with Spain, Ayamonte. 45 minutes from Faro Airport. Book your visit! -We help throughout the buying and selling 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 €57,500 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 |
|---|---|---|---|
| €57,500 | £47,628 | £49,418 | £1,791 |
| Property Price € | €57,500 |
| Minimum cost in the last six months | £47,628 |
| Maximum cost in the last six months | £49,418 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,791 |
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 €57,500 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 |
|---|---|---|---|
| €57,500 | £47,628 | £49,418 | £1,791 |
| Property Price € | €57,500 |
| Minimum cost in the last six months | £47,628 |
| Maximum cost in the last six months | £49,418 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £1,791 |
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 £1,791 more.
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