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Plot of land with 2680m2 located in Poço de Boliqueime with water, sewage and electricity running through the front of the plot on a tarmac road
Loulé, Faro, Portugal
REF: 899164
€150,000
Description
Plot of land with 2680m2 located in Poço de Boliqueime with water, sewage and electricity running through the front of the plot on a tarmac road. The property has two fronts, with access via a tarmac road. It has previously had a project for a 4-bedroom villa, and from the first floor of the villa you can see the coast. This is an excellent investment due to its location This 2680 m² plot of land located in Boliqueime seems to be an excellent opportunity for those wishing to build their house in a quiet and well-located area. Boliqueime, which is situated in the municipality of Loulé, offers the ideal combination of countryside and proximity to the beaches and the town of Vilamoura. With a generous area, this plot could be ideal for either a single-family home or a larger project, such as a luxury house with a garden and swimming pool. The strategic location provides easy access to services, schools and the region's main transport links. Translated with DeepL.com (free version) #ref: 129216
Plot of land with 2680m2 located in Poço de Boliqueime with water, sewage and electricity running through the front of the plot on a tarmac road. The property has two fronts, with access via a tarmac road. It has previously had a project for a 4-bedroom villa, and from the first floor of the villa you can see the coast. This is an excellent investment due to its location This 2680 m² plot of land located in Boliqueime seems to be an excellent opportunity for those wishing to build their house in a quiet and well-located area. Boliqueime, which is situated in the municipality of Loulé, offers the ideal combination of countryside and proximity to the beaches and the town of Vilamoura. With a generous area, this plot could be ideal for either a single-family home or a larger project, such as a luxury house with a garden and swimming pool. The strategic location provides easy access to services, schools and the region's main transport links. Translated with DeepL.com (free version) #ref: 129216
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Currency Exchange
Loulé, 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 €150,000 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 |
|---|---|---|---|
| €150,000 | £123,585 | £128,918 | £5,333 |
| Property Price € | €150,000 |
| Minimum cost in the last six months | £123,585 |
| Maximum cost in the last six months | £128,918 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,333 |
Loulé, 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 €150,000 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 |
|---|---|---|---|
| €150,000 | £123,585 | £128,918 | £5,333 |
| Property Price € | €150,000 |
| Minimum cost in the last six months | £123,585 |
| Maximum cost in the last six months | £128,918 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,333 |
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 £5,333 more.
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