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Exclusive Plot of Land in Sítio do Areeiro – Loulé If you are looking for an opportunity to build your dream home, you have found the perfect place! Plot Highlights: -Total area: 1,380m² divided into three sections, two of which are urban
Loulé, Faro, Portugal
REF: 930323
€175,000
Description
Exclusive Plot of Land in Sítio do Areeiro – Loulé If you are looking for an opportunity to build your dream home, you have found the perfect place! Plot Highlights: -Total area: 1,380m² divided into three sections, two of which are urban. -Existing ruins: Total of 99m² with the possibility of reconstruction and expansion up to 440m². -Privileged area: Quiet environment, with high-end homes nearby. -Flexibility: We accept exchange proposals. -Strategic location: 4 km from the center of Loulé. 16 km from Faro Airport. Proximity to beaches, shops and services. This is an unmissable opportunity to build your ideal home or invest in an area of great demand and appreciation. Get in touch today and schedule your visit! #ref: 133544
Exclusive Plot of Land in Sítio do Areeiro – Loulé If you are looking for an opportunity to build your dream home, you have found the perfect place! Plot Highlights: -Total area: 1,380m² divided into three sections, two of which are urban. -Existing ruins: Total of 99m² with the possibility of reconstruction and expansion up to 440m². -Privileged area: Quiet environment, with high-end homes nearby. -Flexibility: We accept exchange proposals. -Strategic location: 4 km from the center of Loulé. 16 km from Faro Airport. Proximity to beaches, shops and services. This is an unmissable opportunity to build your ideal home or invest in an area of great demand and appreciation. Get in touch today and schedule your visit! #ref: 133544
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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 €175,000 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 |
|---|---|---|---|
| €175,000 | £144,183 | £148,066 | £3,883 |
| Property Price € | €175,000 |
| Minimum cost in the last six months | £144,183 |
| Maximum cost in the last six months | £148,066 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,883 |
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 €175,000 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 |
|---|---|---|---|
| €175,000 | £144,183 | £148,066 | £3,883 |
| Property Price € | €175,000 |
| Minimum cost in the last six months | £144,183 |
| Maximum cost in the last six months | £148,066 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,883 |
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 £3,883 more.
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