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Unique Opportunity - Development for Sale in Vila Real de Santo António If you're looking for an exclusive investment in the heart of the Algarve, this is the ideal opportunity! Situated on the 2nd line of the River Guadiana, in Vila Real de Santo António, this building offers a privileged location,
Vila Real de Santo António, Faro, Portugal
REF: 939970
€1,100,000
Description
Unique Opportunity - Development for Sale in Vila Real de Santo António If you're looking for an exclusive investment in the heart of the Algarve, this is the ideal opportunity! Situated on the 2nd line of the River Guadiana, in Vila Real de Santo António, this building offers a privileged location, combining proximity to the river, tranquillity and convenience. Features of the development: Building at an advanced stage of construction. 5 spacious and well-distributed apartments: 2x T2 on the 1st floor with excellent sun exposure (east south and west south) 2x T1 on the ground floor. 1x T3 on the ground floor. Kitchens and bathrooms already equipped with plumbing, tiles and flooring. Flooring installed in several rooms. Location advantages: Premium location, just a few meters from the River Guadiana, p Close to the marina and the Spanish border, Ideal for own housing, local accommodation or real estate investment. Great potential for development in one of the Algarve's most sought-after areas A few minutes from the historic center, shops, services and restaurants Casas do Sotavento - Your Trusted Real Estate Agent Casas do Sotavento is a benchmark in the Algarve real estate market, guaranteeing a personalized service of excellence. Count on us to help you find your dream home or ideal investment. Don't miss out on this unique opportunity! Contact us for more information or to schedule a visit. We are at your disposal!
Unique Opportunity - Development for Sale in Vila Real de Santo António If you're looking for an exclusive investment in the heart of the Algarve, this is the ideal opportunity! Situated on the 2nd line of the River Guadiana, in Vila Real de Santo António, this building offers a privileged location, combining proximity to the river, tranquillity and convenience. Features of the development: Building at an advanced stage of construction. 5 spacious and well-distributed apartments: 2x T2 on the 1st floor with excellent sun exposure (east south and west south) 2x T1 on the ground floor. 1x T3 on the ground floor. Kitchens and bathrooms already equipped with plumbing, tiles and flooring. Flooring installed in several rooms. Location advantages: Premium location, just a few meters from the River Guadiana, p Close to the marina and the Spanish border, Ideal for own housing, local accommodation or real estate investment. Great potential for development in one of the Algarve's most sought-after areas A few minutes from the historic center, shops, services and restaurants Casas do Sotavento - Your Trusted Real Estate Agent Casas do Sotavento is a benchmark in the Algarve real estate market, guaranteeing a personalized service of excellence. Count on us to help you find your dream home or ideal investment. Don't miss out on this unique opportunity! Contact us for more information or to schedule a visit. We are at your disposal!
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Currency Exchange
Vila Real de Santo António, 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 €1,100,000 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 |
|---|---|---|---|
| €1,100,000 | £906,290 | £930,699 | £24,409 |
| Property Price € | €1,100,000 |
| Minimum cost in the last six months | £906,290 |
| Maximum cost in the last six months | £930,699 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £24,409 |
Vila Real de Santo António, 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 €1,100,000 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 |
|---|---|---|---|
| €1,100,000 | £906,290 | £930,699 | £24,409 |
| Property Price € | €1,100,000 |
| Minimum cost in the last six months | £906,290 |
| Maximum cost in the last six months | £930,699 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £24,409 |
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 £24,409 more.
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