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Land, Ruin and Annex
Loulé, Faro, Portugal, 8100-032
REF: 920086
€295,000
Description
Property comprising: A ruin, a large plot of land and an annex which also has a small plot of land, the view is stunning over the countryside and also the coast. Located in a peaceful rural area, yet not completely isolated, with some neighboring houses close by, this property is just 4 km from the center of Loulé. It offers the potential to build a single-storey house where the ruin currently stands, as well as a technical area such as a garage and storage space in the annex.
The land is adorned with a variety of trees typical of the region, creating a picturesque and serene environment. The terrain is predominantly flat with some gentle slopes, making it perfect for a range of activities. Whether you dream of creating a beautiful garden, engaging in agriculture, or even raising animals, this versatile land offers endless possibilities.
In this area, you'll find easy access to electricity and telecommunications connections. For water and sewage, self-sufficient solutions will be needed, adding a touch of sustainability to your lifestyle. The property benefits from a well-maintained tarmac access road, ensuring convenience.
Embrace the best of both worlds with this property that offers the tranquility of countryside living without sacrificing the convenience of city amenities!
Property comprising: A ruin, a large plot of land and an annex which also has a small plot of land, the view is stunning over the countryside and also the coast. Located in a peaceful rural area, yet not completely isolated, with some neighboring houses close by, this property is just 4 km from the center of Loulé. It offers the potential to build a single-storey house where the ruin currently stands, as well as a technical area such as a garage and storage space in the annex.
The land is adorned with a variety of trees typical of the region, creating a picturesque and serene environment. The terrain is predominantly flat with some gentle slopes, making it perfect for a range of activities. Whether you dream of creating a beautiful garden, engaging in agriculture, or even raising animals, this versatile land offers endless possibilities.
In this area, you'll find easy access to electricity and telecommunications connections. For water and sewage, self-sufficient solutions will be needed, adding a touch of sustainability to your lifestyle. The property benefits from a well-maintained tarmac access road, ensuring convenience.
Embrace the best of both worlds with this property that offers the tranquility of countryside living without sacrificing the convenience of city amenities!
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Currency Exchange
Loulé, Faro, Portugal, 8100-032
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 | £243,051 | £256,087 | £13,036 |
| Property Price € | €295,000 |
| Minimum cost in the last six months | £243,051 |
| Maximum cost in the last six months | £256,087 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,036 |
Loulé, Faro, Portugal, 8100-032
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 | £243,051 | £256,087 | £13,036 |
| Property Price € | €295,000 |
| Minimum cost in the last six months | £243,051 |
| Maximum cost in the last six months | £256,087 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £13,036 |
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 £13,036 more.
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