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Land with 42,960 m2 This Fabulous Quinta before 1951 needs reconstruction work, with fantastic views and easy access
Lagos, Faro, Portugal
REF: 330078
€1,750,000
Description
Land with 42,960 m2 This Fabulous Quinta before 1951 needs reconstruction work, with fantastic views and easy access. With great potential for investment, for those who like the old and the modern, here is an opportunity to build up to 2000 m2 for a rural tourism venture. For housing purposes a maximum of 300 m2 to 500 m2 *Main House with 3 bedrooms, bathroom with shower, living room with fireplace and kitchen. *House with one bedroom, bathroom and open kitchen. *House with one bedroom, bathroom and living room. * 160 m2 warehouse, 3 bathrooms, one for the disabled, security doors * Anti panic * It has 2 wells, mains water and septic tank. A lot of trees : Carob trees 400 Palm trees 25 olive trees 70 5 minutes from the city of Lagos and 60 minutes from Faro. Schedule your visit. * This Property is Raised on an exclusive basis. *We share with all Real Estate Agents / Professionals 50%/50% #ref: 58768
Land with 42,960 m2 This Fabulous Quinta before 1951 needs reconstruction work, with fantastic views and easy access. With great potential for investment, for those who like the old and the modern, here is an opportunity to build up to 2000 m2 for a rural tourism venture. For housing purposes a maximum of 300 m2 to 500 m2 *Main House with 3 bedrooms, bathroom with shower, living room with fireplace and kitchen. *House with one bedroom, bathroom and open kitchen. *House with one bedroom, bathroom and living room. * 160 m2 warehouse, 3 bathrooms, one for the disabled, security doors * Anti panic * It has 2 wells, mains water and septic tank. A lot of trees : Carob trees 400 Palm trees 25 olive trees 70 5 minutes from the city of Lagos and 60 minutes from Faro. Schedule your visit. * This Property is Raised on an exclusive basis. *We share with all Real Estate Agents / Professionals 50%/50% #ref: 58768
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Currency Exchange
Lagos, 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 €1,750,000 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 |
|---|---|---|---|
| €1,750,000 | £1,498,770 | £1,572,288 | £73,518 |
| Property Price € | €1,750,000 |
| Minimum cost in the last six months | £1,498,770 |
| Maximum cost in the last six months | £1,572,288 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £73,518 |
Lagos, 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 €1,750,000 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 |
|---|---|---|---|
| €1,750,000 | £1,498,770 | £1,572,288 | £73,518 |
| Property Price € | €1,750,000 |
| Minimum cost in the last six months | £1,498,770 |
| Maximum cost in the last six months | £1,572,288 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £73,518 |
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 £73,518 more.
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