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Ruin with land, water and electricity, in a high area with beautiful views over the mountains and the sea
Santa Catarina da Fonte do Bispo, Faro, Portugal
REF: 899925
€295,000
Description
Ruin with land, water and electricity, in a high area with beautiful views over the mountains and the sea. Rebuilding the house of your dreams in an inhabited area, with beautiful houses around it, space for a garden or small subsistence farming or even free space for your pets, are the benefits that this ruin can offer you. Easy access by asphalt, close to Santa Catarina da Fonte do Bispo, about 6km from the A22 junction, 26km from Faro, 48km from Spain and 17km from Fuzeta beach. Book your appointment with us. About Santa Catarina da Fonte do Bispo The parish of Santa Catarina da Fonte do Bispo, has 11,920 hectares, between the barrocal and the mountains. The population is mainly dedicated to agriculture, handicrafts and the artisanal ceramics industry and some rural tourism. The transitional cultural landscapes with almond trees, carob trees, cork oaks, livestock activity and the production of spirits, liqueurs and arbutus trees stand out in this area. This is a warm-colored fruit, grows easily, likes humidity and proliferates in the Algarve mountains. The soils, limestone and clay, determine the development of handicrafts and the ceramic industry. For those visiting the parish of Santa Catarina da Fonte do Bispo, it is possible to go for walks, visit the Santa Catarina da Fonte do Bispo Agricultural Cooperative, which aims to publicize and promote products made in the cooperative and others with local and regional characteristics. and show visitors the different stages of production, as well as the utensils used, in addition to enjoying a good meal in the parish's restaurants.
Ruin with land, water and electricity, in a high area with beautiful views over the mountains and the sea. Rebuilding the house of your dreams in an inhabited area, with beautiful houses around it, space for a garden or small subsistence farming or even free space for your pets, are the benefits that this ruin can offer you. Easy access by asphalt, close to Santa Catarina da Fonte do Bispo, about 6km from the A22 junction, 26km from Faro, 48km from Spain and 17km from Fuzeta beach. Book your appointment with us. About Santa Catarina da Fonte do Bispo The parish of Santa Catarina da Fonte do Bispo, has 11,920 hectares, between the barrocal and the mountains. The population is mainly dedicated to agriculture, handicrafts and the artisanal ceramics industry and some rural tourism. The transitional cultural landscapes with almond trees, carob trees, cork oaks, livestock activity and the production of spirits, liqueurs and arbutus trees stand out in this area. This is a warm-colored fruit, grows easily, likes humidity and proliferates in the Algarve mountains. The soils, limestone and clay, determine the development of handicrafts and the ceramic industry. For those visiting the parish of Santa Catarina da Fonte do Bispo, it is possible to go for walks, visit the Santa Catarina da Fonte do Bispo Agricultural Cooperative, which aims to publicize and promote products made in the cooperative and others with local and regional characteristics. and show visitors the different stages of production, as well as the utensils used, in addition to enjoying a good meal in the parish's restaurants.
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Currency Exchange
Santa Catarina da Fonte do Bispo, 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 €295,000 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 |
|---|---|---|---|
| €295,000 | £244,351 | £253,538 | £9,186 |
| Property Price € | €295,000 |
| Minimum cost in the last six months | £244,351 |
| Maximum cost in the last six months | £253,538 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,186 |
Santa Catarina da Fonte do Bispo, 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 €295,000 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 |
|---|---|---|---|
| €295,000 | £244,351 | £253,538 | £9,186 |
| Property Price € | €295,000 |
| Minimum cost in the last six months | £244,351 |
| Maximum cost in the last six months | £253,538 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,186 |
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 £9,186 more.
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