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For Sale: Urban Plot of Land in an Exceptional Location – Faro Premium Location, Unmatched Quality of Life! This urban plot of land is situated in one of the most prestigious areas of Faro, surrounded by luxury villas and close to a tennis club
Faro, Faro, Portugal
REF: 906817
€245,000
Description
For Sale: Urban Plot of Land in an Exceptional Location – Faro Premium Location, Unmatched Quality of Life! This urban plot of land is situated in one of the most prestigious areas of Faro, surrounded by luxury villas and close to a tennis club. If you're looking for the perfect spot to build your dream home, offering tranquility and a high quality of life, this is the ideal opportunity! Quiet, residential area with easy access to the city center and all amenities Just 3 minutes from Faro Airport and 6 minutes from Faro Beach, allowing you to enjoy the best of the Algarve coast Allows the construction of a large villa with a pool, perfect for those seeking comfort, privacy, and leisure Excellent sun exposure and pleasant views, ensuring a unique and sophisticated environment Don't miss the opportunity to acquire this plot in a strategic location, with easy access to main roads and just a short distance from all essential services. #ref: 130349
For Sale: Urban Plot of Land in an Exceptional Location – Faro Premium Location, Unmatched Quality of Life! This urban plot of land is situated in one of the most prestigious areas of Faro, surrounded by luxury villas and close to a tennis club. If you're looking for the perfect spot to build your dream home, offering tranquility and a high quality of life, this is the ideal opportunity! Quiet, residential area with easy access to the city center and all amenities Just 3 minutes from Faro Airport and 6 minutes from Faro Beach, allowing you to enjoy the best of the Algarve coast Allows the construction of a large villa with a pool, perfect for those seeking comfort, privacy, and leisure Excellent sun exposure and pleasant views, ensuring a unique and sophisticated environment Don't miss the opportunity to acquire this plot in a strategic location, with easy access to main roads and just a short distance from all essential services. #ref: 130349
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Currency Exchange
Faro, 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 €245,000 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 |
|---|---|---|---|
| €245,000 | £202,936 | £210,565 | £7,629 |
| Property Price € | €245,000 |
| Minimum cost in the last six months | £202,936 |
| Maximum cost in the last six months | £210,565 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,629 |
Faro, 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 €245,000 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 |
|---|---|---|---|
| €245,000 | £202,936 | £210,565 | £7,629 |
| Property Price € | €245,000 |
| Minimum cost in the last six months | £202,936 |
| Maximum cost in the last six months | £210,565 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,629 |
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 £7,629 more.
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