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Land with ruin - São Marcos da Serra
Silves, Faro, Portugal
REF: 914518
€168,000
Description
Fantastic property consisting of a ruin and more than 60,000 m2 of land, where there is the possibility of creating two dams for year-round use. Ruined house facing south with open and fabulous views. Land with a lot of potential for rural tourism or simply a relaxing retreat. Located 10 minutes from São Marcos da Serra, the parish to which it belongs, and where you can find some local shops and cafes, 20 minutes from São Bartolomeu de Messines where you will find all services, larger commercial areas and all types of restaurants and schools. 40 minutes from the nearest beaches in Albufeira and 1 hour and 15 minutes from Faro airport. Schedule your visit and come and see!
Fantastic property consisting of a ruin and more than 60,000 m2 of land, where there is the possibility of creating two dams for year-round use. Ruined house facing south with open and fabulous views. Land with a lot of potential for rural tourism or simply a relaxing retreat. Located 10 minutes from São Marcos da Serra, the parish to which it belongs, and where you can find some local shops and cafes, 20 minutes from São Bartolomeu de Messines where you will find all services, larger commercial areas and all types of restaurants and schools. 40 minutes from the nearest beaches in Albufeira and 1 hour and 15 minutes from Faro airport. Schedule your visit and come and see!
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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 €168,000 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 |
|---|---|---|---|
| €168,000 | £138,415 | £142,143 | £3,728 |
| Property Price € | €168,000 |
| Minimum cost in the last six months | £138,415 |
| Maximum cost in the last six months | £142,143 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,728 |
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 €168,000 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 |
|---|---|---|---|
| €168,000 | £138,415 | £142,143 | £3,728 |
| Property Price € | €168,000 |
| Minimum cost in the last six months | £138,415 |
| Maximum cost in the last six months | £142,143 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,728 |
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 £3,728 more.
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