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This land represents a unique investment opportunity, thanks to its strategic location between Almancil and Quarteira
Loulé, Faro, Portugal
REF: 929281
€250,000
Description
This land represents a unique investment opportunity, thanks to its strategic location between Almancil and Quarteira. With a total extension of 3825m², of which 3800m² is rustic and 25m² urban, the possibilities for development are numerous. The site's infrastructure is largely ready, with water and electricity supplies available. There is also the possibility of connecting to the sewage system, which runs in front of the land. In addition, the presence of a prefabricated house that has already been installed can facilitate the immediate utilisation of the space. With a plot already flattened and located just 10 minutes from the beautiful beaches of Vale do Lobo, Quinta do Lago and Quarteira, this is the perfect place both for those wishing to add to the existing urban area and for investors looking to exploit the property's potential. Don't miss out on this opportunity to acquire a versatile plot in an excellent location. For more information or to arrange a viewing, don't hesitate to contact us! #ref: 134719
This land represents a unique investment opportunity, thanks to its strategic location between Almancil and Quarteira. With a total extension of 3825m², of which 3800m² is rustic and 25m² urban, the possibilities for development are numerous. The site's infrastructure is largely ready, with water and electricity supplies available. There is also the possibility of connecting to the sewage system, which runs in front of the land. In addition, the presence of a prefabricated house that has already been installed can facilitate the immediate utilisation of the space. With a plot already flattened and located just 10 minutes from the beautiful beaches of Vale do Lobo, Quinta do Lago and Quarteira, this is the perfect place both for those wishing to add to the existing urban area and for investors looking to exploit the property's potential. Don't miss out on this opportunity to acquire a versatile plot in an excellent location. For more information or to arrange a viewing, don't hesitate to contact us! #ref: 134719
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Currency Exchange
Loulé, 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 €250,000 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 |
|---|---|---|---|
| €250,000 | £205,975 | £211,523 | £5,548 |
| Property Price € | €250,000 |
| Minimum cost in the last six months | £205,975 |
| Maximum cost in the last six months | £211,523 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,548 |
Loulé, 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 €250,000 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 |
|---|---|---|---|
| €250,000 | £205,975 | £211,523 | £5,548 |
| Property Price € | €250,000 |
| Minimum cost in the last six months | £205,975 |
| Maximum cost in the last six months | £211,523 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,548 |
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 £5,548 more.
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