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Come and discover this fantastic plot of land with 221
Olhão, Faro, Portugal
REF: 906604
€115,000
Description
Come and discover this fantastic plot of land with 221.5 m2 with IAD Portugal for the construction of a three-bedroom house with swimming pool. The plot of land is located in Moncarapacho, in a calm and peaceful area. For those who like privacy, but at the same time being close to all access points and enjoying all the beauty that the area provides, this land is perfect for building your home. In the 256m2 of possible construction area, it is permitted to build: • On the ground floor a garage with direct access to the interior of the house; Laundry; WC; Storage; Páteo. • On the first floor an open space living room and kitchen, with access to the patio measuring more than 100m2 where we have a swimming pool and barbecue; A service WC and a south-facing balcony. • On the second floor we have an entrance hall that distributes to the three bedrooms with built-in closets; A complete bathroom to support the two bedrooms; One of the bedrooms has a private bathroom; Balcony in two of the bedrooms, overlooking the pool area. • In this property we also have access to the roof, where we can see a little of the sea. • It is also possible to insert an elevator in this house, if the interested party wishes. The entire urbanization is properly infrastructured with: Asphalted roads; Wide sidewalks with Portuguese pavement; Electrical infrastructure on the ground to power the land; Existing public lighting; Telecommunications infrastructure (fiber optics); Water supply network and public fire network. Ask for more information and schedule your visit. #ref: 130322
Come and discover this fantastic plot of land with 221.5 m2 with IAD Portugal for the construction of a three-bedroom house with swimming pool. The plot of land is located in Moncarapacho, in a calm and peaceful area. For those who like privacy, but at the same time being close to all access points and enjoying all the beauty that the area provides, this land is perfect for building your home. In the 256m2 of possible construction area, it is permitted to build: • On the ground floor a garage with direct access to the interior of the house; Laundry; WC; Storage; Páteo. • On the first floor an open space living room and kitchen, with access to the patio measuring more than 100m2 where we have a swimming pool and barbecue; A service WC and a south-facing balcony. • On the second floor we have an entrance hall that distributes to the three bedrooms with built-in closets; A complete bathroom to support the two bedrooms; One of the bedrooms has a private bathroom; Balcony in two of the bedrooms, overlooking the pool area. • In this property we also have access to the roof, where we can see a little of the sea. • It is also possible to insert an elevator in this house, if the interested party wishes. The entire urbanization is properly infrastructured with: Asphalted roads; Wide sidewalks with Portuguese pavement; Electrical infrastructure on the ground to power the land; Existing public lighting; Telecommunications infrastructure (fiber optics); Water supply network and public fire network. Ask for more information and schedule your visit. #ref: 130322
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Currency Exchange
Olhão, 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 €115,000 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 |
|---|---|---|---|
| €115,000 | £94,749 | £98,837 | £4,088 |
| Property Price € | €115,000 |
| Minimum cost in the last six months | £94,749 |
| Maximum cost in the last six months | £98,837 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,088 |
Olhão, 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 €115,000 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 |
|---|---|---|---|
| €115,000 | £94,749 | £98,837 | £4,088 |
| Property Price € | €115,000 |
| Minimum cost in the last six months | £94,749 |
| Maximum cost in the last six months | £98,837 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,088 |
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 £4,088 more.
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