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Single storey house - Serro da Alta-Mora
Castro Marim, Faro, Portugal, 8950-311
REF: 943316
€145,000
Description
HOUSE TO REMODEL IN THE ALGARVIA MOUNTAINS ALTA MORA, CASTRO MARIM If you are looking for a peaceful refuge in the heart of the Algarve mountains, this property in Alta Mora, Castro Marim, is the perfect opportunity! Set on a 291,000 m plot of land, this house to be remodeled offers enormous potential for those who wish to create a tailor-made project, whether for their own home, rural tourism or a retreat in the middle of nature. With a footprint of 132 m and a gross construction area of 155 m , the property has a gross private area of 151 m , providing enough space to develop a welcoming and functional home. Located in an area of great natural beauty, this property offers privacy, fresh air and a unique connection to the Algarve landscape. The proximity to Castro Marim and the beaches of the eastern Algarve allows you to combine the best of the countryside with the convenience of the coast. If you value tranquility, space and the potential to customize to your liking, don't miss this opportunity!
HOUSE TO REMODEL IN THE ALGARVIA MOUNTAINS ALTA MORA, CASTRO MARIM If you are looking for a peaceful refuge in the heart of the Algarve mountains, this property in Alta Mora, Castro Marim, is the perfect opportunity! Set on a 291,000 m plot of land, this house to be remodeled offers enormous potential for those who wish to create a tailor-made project, whether for their own home, rural tourism or a retreat in the middle of nature. With a footprint of 132 m and a gross construction area of 155 m , the property has a gross private area of 151 m , providing enough space to develop a welcoming and functional home. Located in an area of great natural beauty, this property offers privacy, fresh air and a unique connection to the Algarve landscape. The proximity to Castro Marim and the beaches of the eastern Algarve allows you to combine the best of the countryside with the convenience of the coast. If you value tranquility, space and the potential to customize to your liking, don't miss this opportunity!
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Currency Exchange
Castro Marim, Faro, Portugal, 8950-311
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 €145,000 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 |
|---|---|---|---|
| €145,000 | £119,466 | £122,683 | £3,218 |
| Property Price € | €145,000 |
| Minimum cost in the last six months | £119,466 |
| Maximum cost in the last six months | £122,683 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,218 |
Castro Marim, Faro, Portugal, 8950-311
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 €145,000 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 |
|---|---|---|---|
| €145,000 | £119,466 | £122,683 | £3,218 |
| Property Price € | €145,000 |
| Minimum cost in the last six months | £119,466 |
| Maximum cost in the last six months | £122,683 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £3,218 |
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 £3,218 more.
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