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Mixed Land: Urban with ruins, and Rustic, in Galvana, Union of Parishes of Faro (Sé and S
Faro, Faro, Portugal
REF: 934255
€265,000
Description
Mixed Land: Urban with ruins, and Rustic, in Galvana, Union of Parishes of Faro (Sé and S. Pedro) - Faro – Algarve Located 3 km from the city of Faro, this property consists of an urban item with a ruin of 64 m2, and a rustic item with an area of 10,440 m2. Possibility of building a detached house with large land. Very good location. Access is via paved road. There are some rustic and urban lands around it, but with little housing density. Ideal for building your dream home, in a quiet place and with the possibility of living in a rural area, but 5 minutes from the city of Faro, close to all its amenities. With panoramic views of the countryside and mountains, it allows for a relaxed lifestyle, immersed in nature, where it allows you to go on walks and enjoy a more peaceful life. Being close to Faro, you can always find all the amenities and enjoy spaces where you can find all types of commerce, such as the Algarve Forum, the citizen's store, the marina and take advantage of the possibility of boarding the boats that transport to the islands of Farol, Deserta and Culatra, as well as the island of Faro, and enjoy trips through the Ria Formosa. By land, 10 kilometers away, is Faro International Airport and the island of Faro. Close to Estrada Nacional 125 and 10 minutes from Via do Infante, which gives you access to the Sotavento and Barlavento Algarvio, and since the beginning of this year there has been no toll cost. This property is exempt from an Energy certificate, under paragraph 2 of article 18 of Decree-Law no. 101-D/2020 of December 7th. #ref: 135672
Mixed Land: Urban with ruins, and Rustic, in Galvana, Union of Parishes of Faro (Sé and S. Pedro) - Faro – Algarve Located 3 km from the city of Faro, this property consists of an urban item with a ruin of 64 m2, and a rustic item with an area of 10,440 m2. Possibility of building a detached house with large land. Very good location. Access is via paved road. There are some rustic and urban lands around it, but with little housing density. Ideal for building your dream home, in a quiet place and with the possibility of living in a rural area, but 5 minutes from the city of Faro, close to all its amenities. With panoramic views of the countryside and mountains, it allows for a relaxed lifestyle, immersed in nature, where it allows you to go on walks and enjoy a more peaceful life. Being close to Faro, you can always find all the amenities and enjoy spaces where you can find all types of commerce, such as the Algarve Forum, the citizen's store, the marina and take advantage of the possibility of boarding the boats that transport to the islands of Farol, Deserta and Culatra, as well as the island of Faro, and enjoy trips through the Ria Formosa. By land, 10 kilometers away, is Faro International Airport and the island of Faro. Close to Estrada Nacional 125 and 10 minutes from Via do Infante, which gives you access to the Sotavento and Barlavento Algarvio, and since the beginning of this year there has been no toll cost. This property is exempt from an Energy certificate, under paragraph 2 of article 18 of Decree-Law no. 101-D/2020 of December 7th. #ref: 135672
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Currency Exchange
Faro, 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 €265,000 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 |
|---|---|---|---|
| €265,000 | £218,334 | £224,214 | £5,880 |
| Property Price € | €265,000 |
| Minimum cost in the last six months | £218,334 |
| Maximum cost in the last six months | £224,214 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,880 |
Faro, 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 €265,000 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 |
|---|---|---|---|
| €265,000 | £218,334 | £224,214 | £5,880 |
| Property Price € | €265,000 |
| Minimum cost in the last six months | £218,334 |
| Maximum cost in the last six months | £224,214 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,880 |
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 £5,880 more.
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