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Building plot with ruin in Loulé
Loulé, Faro, Portugal
REF: 935563
€270,000
Description
Building plot with ruin in Loulé. The property is 5 minutes from the centre of Loulé. 12351m2 plot with a ruin for construction in Malhada velha in Loulé. This plot has a total area of 12351 m2, with a 151 m2 ruin. It is possible to renovate the existing ruin and extend it by up to 300 m2, as verified at a meeting with the Loulé council. According to a report, the total built area will allow for the extension of the existing building up to: - 300.00m² Housing; - 500.00m² other uses; - 2000.00m² tourism; Access by tarmac road. The property is 5 minutes from the centre of Loulé. Access to the land is via a tarmac road and there is a light near the land. The property has many fruit trees, fig trees, almond trees, olive trees, carob trees and plum trees, as well as holm oaks. Build your dream villa on this magnificent plot of land About 5 minutes from the centre of Loulé and 25 minutes from Faro International Airport. You also have the option of buying an adjoining plot of 4960m2 for a further 50,000 euros. Excellent plot to build your dream villa, don't miss this opportunity. Book your visit now! #ref: 122235
Building plot with ruin in Loulé. The property is 5 minutes from the centre of Loulé. 12351m2 plot with a ruin for construction in Malhada velha in Loulé. This plot has a total area of 12351 m2, with a 151 m2 ruin. It is possible to renovate the existing ruin and extend it by up to 300 m2, as verified at a meeting with the Loulé council. According to a report, the total built area will allow for the extension of the existing building up to: - 300.00m² Housing; - 500.00m² other uses; - 2000.00m² tourism; Access by tarmac road. The property is 5 minutes from the centre of Loulé. Access to the land is via a tarmac road and there is a light near the land. The property has many fruit trees, fig trees, almond trees, olive trees, carob trees and plum trees, as well as holm oaks. Build your dream villa on this magnificent plot of land About 5 minutes from the centre of Loulé and 25 minutes from Faro International Airport. You also have the option of buying an adjoining plot of 4960m2 for a further 50,000 euros. Excellent plot to build your dream villa, don't miss this opportunity. Book your visit now! #ref: 122235
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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 €270,000 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 |
|---|---|---|---|
| €270,000 | £222,453 | £228,444 | £5,991 |
| Property Price € | €270,000 |
| Minimum cost in the last six months | £222,453 |
| Maximum cost in the last six months | £228,444 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,991 |
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 €270,000 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 |
|---|---|---|---|
| €270,000 | £222,453 | £228,444 | £5,991 |
| Property Price € | €270,000 |
| Minimum cost in the last six months | £222,453 |
| Maximum cost in the last six months | £228,444 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £5,991 |
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 £5,991 more.
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