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If you're looking for a refuge, a home in a rural area, I present this plot of land located in an area of small farms, about 4 kilometres from the coast where you can enjoy beautiful beaches
Silves, Faro, Portugal
REF: 907580
€945,000
Description
If you're looking for a refuge, a home in a rural area, I present this plot of land located in an area of small farms, about 4 kilometres from the coast where you can enjoy beautiful beaches. The plot is 33,520 square metres in size, surrounded by native trees, so you can feel the tranquillity, privacy and enough space to indulge your imagination, creativity and country air, despite being very close to the coast. Following a full enquiry to the relevant official authorities, you can be assured of various building possibilities, including projects: - housing up to 300 m2 - other uses up to 500 m2 - tourist developments of up to 2,000 m2 It also has the advantage of moving the building where the ruin is located to other parts of the land. The location of this farm is excellent, with quick access to several beaches, restaurants, potteries, a water slide, shopping centre, golf course, etc., as well as the national road and motorway, and it's about 30 minutes from Faro International Airport. At IAD, we share business with any real estate agent with an AMI licence, and we have a concept of virtual showcasing of our properties on more than 200 real estate portals, both nationally and predominantly internationally. I look forward to hearing from you if you have any questions or if you'd like to arrange a visit, either in person or virtually. #ref: 130387
If you're looking for a refuge, a home in a rural area, I present this plot of land located in an area of small farms, about 4 kilometres from the coast where you can enjoy beautiful beaches. The plot is 33,520 square metres in size, surrounded by native trees, so you can feel the tranquillity, privacy and enough space to indulge your imagination, creativity and country air, despite being very close to the coast. Following a full enquiry to the relevant official authorities, you can be assured of various building possibilities, including projects: - housing up to 300 m2 - other uses up to 500 m2 - tourist developments of up to 2,000 m2 It also has the advantage of moving the building where the ruin is located to other parts of the land. The location of this farm is excellent, with quick access to several beaches, restaurants, potteries, a water slide, shopping centre, golf course, etc., as well as the national road and motorway, and it's about 30 minutes from Faro International Airport. At IAD, we share business with any real estate agent with an AMI licence, and we have a concept of virtual showcasing of our properties on more than 200 real estate portals, both nationally and predominantly internationally. I look forward to hearing from you if you have any questions or if you'd like to arrange a visit, either in person or virtually. #ref: 130387
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Currency Exchange
Silves, 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 €945,000 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 |
|---|---|---|---|
| €945,000 | £778,586 | £812,180 | £33,595 |
| Property Price € | €945,000 |
| Minimum cost in the last six months | £778,586 |
| Maximum cost in the last six months | £812,180 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £33,595 |
Silves, 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 €945,000 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 |
|---|---|---|---|
| €945,000 | £778,586 | £812,180 | £33,595 |
| Property Price € | €945,000 |
| Minimum cost in the last six months | £778,586 |
| Maximum cost in the last six months | £812,180 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £33,595 |
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 £33,595 more.
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